Commodity

Survey on credit terms and conditions in euro-denominated securities financing and OTC derivatives markets (SESFOD) - March 2024

Retrieved on: 
星期四, 四月 18, 2024

Survey on credit terms and

Key Points: 
    • Survey on credit terms and
      conditions in euro-denominated
      securities financing and OTC
      derivatives markets (SESFOD)
      March 2024
      The Eurosystem conducts a three-monthly qualitative survey on credit terms and
      conditions in euro-denominated securities financing and over-the-counter (OTC)
      derivatives markets.
    • The survey questions are grouped into three sections:
      1.

      counterparty types ? credit terms and conditions for various counterparty
      types in both securities financing and OTC derivatives markets;

      2.

      securities financing ? financing conditions for various collateral types;

      3.

      non-centrally cleared OTC derivatives ? credit terms and conditions for
      various derivative types.

    • The survey focuses on euro-denominated instruments in securities financing and
      OTC derivatives markets.
    • For securities financing, the survey refers to the
      euro-denominated securities against which financing is provided, rather than the
      currency of the loan.
    • Reporting institutions should report on their global credit terms, so the survey is
      aimed at senior credit officers responsible for maintaining an overview of the
      management of credit risks.
    • SESFOD March 2024

      2

      March 2024 SESFOD results
      (Review period from December 2023 to February 2024)
      The March 2024 Survey on credit terms and conditions in euro-denominated
      securities financing and OTC derivatives markets (SESFOD) reports qualitative
      changes in credit terms between December 2023 and February 2024.

    • Looking at credit terms and conditions for the various types of non-centrally cleared
      OTC derivative, initial margin requirements increased slightly for all derivative types.
    • Survey respondents reported mostly unchanged conditions as regards the maximum
      amount of exposure and the maximum maturity of trades.
    • Moreover, they reported that the volume of valuation disputes had
      declined for all derivative types except credit derivatives.
    • The survey asked respondents to compare credit terms
      and conditions on the cut-off date for the March 2024 survey round (i.e.
    • Compared with the
      previous year, overall terms and conditions for securities financing and OTC
      derivatives transactions had eased somewhat across all counterparties, while credit
      standards for funding secured against various types of collateral and non-price terms
      in OTC derivatives markets were generally tighter.
    • Credit terms and conditions for various counterparty types in both
      securities financing and OTC derivatives markets
      Overall credit terms and conditions eased between December 2023 and
      February 2024 (Chart A).
    • The overall easing of conditions masked some
      heterogeneity between price and non-price terms, and across different types of
      counterparty, though reported changes were relatively small.
    • Credit terms and conditions for various types of non-centrally
      cleared OTC derivative
      Initial margin requirements increased slightly for all derivative types.
    • Meanwhile, they reported
      unchanged conditions for credit derivatives referencing sovereigns and commodities,
      as well as a slight deterioration for credit derivatives referencing corporates and
      structured credit products.
    • The survey asked respondents to compare the credit terms and conditions observed
      on the cut-off date for the March 2024 survey (i.e.
    • Compared with the previous year, overall terms and conditions for securities
      financing and OTC derivatives transactions had eased somewhat across all
      counterparties.
    • Survey respondents reported that non-price credit terms in OTC derivatives
      markets had tightened somewhat for almost all types of derivative relative to
      the previous year.

TradeXBank AG appoints Viviane Gabard as new Chief Risk Officer

Retrieved on: 
星期三, 四月 10, 2024

TradeXBank AG announces that it has appointed Viviane Gabard as new Chief Risk Officer.

Key Points: 
  • TradeXBank AG announces that it has appointed Viviane Gabard as new Chief Risk Officer.
  • Zurich, 25 March 2024 – TradeXBank AG today announced the appointment of Viviane Gabard as Chief Risk Officer following Hendrik Weber-Grellet’s decision to leave the bank.
  • Viviane Gabard is due to become a member of the Executive Board upon the conclusion of the necessary regulatory approval.
  • Camille Sednaoui, TradeXBank AG's CEO, says: “I’m delighted to announce Viviane’s appointment as our new Chief Risk Officer.

Axe TraderHub Introduces Trading Platform, Pioneering Access to Financial Markets

Retrieved on: 
星期二, 三月 26, 2024

Axe TraderHub's new platform reimagines trading, offering inclusive access to financial markets through advanced tools, education, and a transparent approach.

Key Points: 
  • London, United Kingdom--(Newsfile Corp. - March 26, 2024) - Axe TraderHub, a trailblazing entity in the financial sector, proudly announces the launch of its groundbreaking trading platform, poised to redefine access to global financial markets.
  • Axe TraderHub Introduces Trading Platform, Pioneering Access to Financial Markets
    To view an enhanced version of this graphic, please visit:
    In a move set to revolutionize the trading landscape, Axe TraderHub is introducing an innovative platform designed to democratize financial market access and empower traders of all skill levels.
  • With a steadfast commitment to transparency, inclusivity, and educational empowerment, Axe TraderHub's platform signifies a paradigm shift in the way traders engage with financial markets.
  • While the Axe TraderHub ecosystem is set to launch alongside the platform in March 2024, updates about the launch will be available at https://www.axetraderu.com/pre-launch .

WisdomTree Reports Monthly Metrics for March 2024

Retrieved on: 
星期二, 四月 9, 2024

WisdomTree, Inc. (NYSE: WT), a global financial innovator, today released monthly metrics for March 2024, including assets under management (AUM) and flow data by asset class.

Key Points: 
  • WisdomTree, Inc. (NYSE: WT), a global financial innovator, today released monthly metrics for March 2024, including assets under management (AUM) and flow data by asset class.
  • Higher fee funds drove the over $1.2 billion of net inflows in March and nearly $2 billion of net inflows YTD, generating a positive fee impact
    Generated net inflows in 6 of our 8 major product categories, including double-digit annualized flow growth in Equity, Fixed Income, Commodities and Cryptocurrency
    WisdomTree’s trust company charter granted by the New York State Department of Financial Services (DFS) will enable WisdomTree Prime™ to onboard New York resident customers, and also allows WisdomTree to offer products (like stablecoins) and perform services under DFS supervision with associated legal protections
    Including the forthcoming launch in New York, WisdomTree Prime™ will be available in 41 states and to approximately 75% of the U.S. population

AEGIS Markets Record 1Q 2024 Trading Activity

Retrieved on: 
星期一, 四月 8, 2024

AEGIS SEF, LLC (“AEGIS Markets”) today provided multiple updates on its financial counterparty (“Dealer”) participation, record 1Q 2024 trading activity, and value additions to its offerings.

Key Points: 
  • AEGIS SEF, LLC (“AEGIS Markets”) today provided multiple updates on its financial counterparty (“Dealer”) participation, record 1Q 2024 trading activity, and value additions to its offerings.
  • Record liquidity combined with increased volume from Commercial End Users hedging directly on the Marketplace fueled another record volume quarter.
  • “Continuing adoption and growth attest directly to the value of doing business on a Marketplace,” said Chris Payne, President of AEGIS Markets.
  • “AEGIS Markets can add additional value to Dealers by leveraging its position as an informed reporter to multiple SDRs,” said Andrew Furman, Chief Compliance Officer for AEGIS Markets.

Topco Associates announces changes to Board of Directors, Operations Team

Retrieved on: 
星期四, 三月 21, 2024

While at the conference, the cooperative announced its 2024-2026 Board of Directors while also notifying the membership of changes taking place on its Operations Team.

Key Points: 
  • While at the conference, the cooperative announced its 2024-2026 Board of Directors while also notifying the membership of changes taking place on its Operations Team.
  • K-VA-T Food Stores Inc. President and Chief Executive Officer Steve Smith has been named Topco’s Chairman of the Board.
  • K-VA-T has been a member of Topco since 1995, and Smith and his team have been impactful leaders within the Topco membership.
  • “I’d like to thank Dan for his leadership and productive tenure, and I look forward to working with Rebecca to advance our Operations Team’s objectives,” said Mike Ferguson, Topco Senior Vice President and Operations Team co-chair.

First Trust Advisors L.P. Announces Distribution for Exchange-Traded Funds

Retrieved on: 
星期四, 三月 28, 2024

First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.

Key Points: 
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTA has collective assets under management or supervision of approximately $218 billion as of February 29, 2024 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.
  • Please refer to each fund's prospectus and Statement of Additional Information for additional details on a fund's risks.
  • First Trust Advisors L.P. (FTA) is the adviser to the First Trust fund(s).

Phison Announces Strategic Partnerships Deploying aiDAPTIV+ at NVIDIA GTC 2024

Retrieved on: 
星期一, 三月 18, 2024

Phison Electronics (8299TT), a leading provider of NAND controllers and storage solutions, today announced aiDAPTIV+ partnerships with ASUS, Gigabyte, MAINGEAR , and MediaTek.

Key Points: 
  • Phison Electronics (8299TT), a leading provider of NAND controllers and storage solutions, today announced aiDAPTIV+ partnerships with ASUS, Gigabyte, MAINGEAR , and MediaTek.
  • "MAINGEAR's Pro AI Series workstations, driven by Phison aiDAPTIV+, empower users with large language model AI training prowess without excessive costs.
  • "We continue to uphold our partnership with Phison, aiming to foster innovation and maintain competitiveness in the market."
  • To know more about Phison, please visit Phison Website or Phison Q&A for details.

First Trust Advisors L.P. Announces Distribution for First Trust Income Opportunities ETF

Retrieved on: 
星期一, 三月 11, 2024

FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.

Key Points: 
  • FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.
  • FTA is the supervisor of the First Trust unit investment trusts, while FTP is the sponsor.
  • An investment in a fund is not a deposit of a bank and is not insured or guaranteed.
  • First Trust Advisors L.P. (FTA) is the adviser to the First Trust fund(s).

Vantage unlocks greater convenience and more trading options for clients with TradingView broker integration

Retrieved on: 
星期三, 四月 3, 2024

The integration allows Vantage clients from serviceable regions* to conveniently trade on the TradingView web and desktop platforms, with full access to TradingView's tools and charts.

Key Points: 
  • The integration allows Vantage clients from serviceable regions* to conveniently trade on the TradingView web and desktop platforms, with full access to TradingView's tools and charts.
  • Clients can open their Vantage TradingView accounts and link them to their TradingView user profiles to start trading.
  • Besides having a dedicated broker profile page on Tradingview's website, this partnership opens yet another avenue for Vantage to engage and interact with clients by providing educational trading articles, and market analysis.
  • "Tradingview is a trusted brand for more than 50 million traders around the world, with our clients included in that number."