π’ Exciting News from the FIX Trading Community! π
To meet the demands of the evolving settlement cycle landscape, FIX is launching FOUR new message types for real-time settlement updates in securities transactions.
#Finance#Trading#Innovation
π DTCC and FIX Gear Up for Accelerated Settlement Cycles in the US and Canada, Posing Challenges for Asia
Read more on this here https://t.co/wED396hU0I
#Quant#Quantitative
The World Federation of Exchanges (WFE), a global body representing exchanges and central counterparty clearing houses (CCPs), has issued a set of six principles aimed at fostering the development of sound marketplaces in the world of cryptocurrency trading.
Yields on 10-year Treasurys rose to 4.57%, causing the value of fixed-rate assets held by banks to fall. The banking sector has seen similar challenges before. To ease the strain, banks are lending more at the current high rates, but there's concern about profitability.
Rising interest rates are causing unrealized losses on bonds and loans held by U.S. banks, putting pressure on their balance sheets. These losses could impact profitability, although solvency issues are less of a concern.
IEA report emphasizes that achieving global net-zero emissions by 2050 is still feasible but requires substantial investment in clean-energy technologies and a significant reduction in fossil-fuel usage.
#CleanEnergy#NetZeroEmissions#RenewableEnergy#ClimateAction
In July, Sculptor agreed to be acquired by Rithm Capital. However, over the weekend, Boaz Weinstein's group presented a new bid of around $13 per share, up from their previous offer of $12.76.
This updated bid could put Weinstein's group in the lead to acquire the hedge-fund
The growing momentum around the 4-day workweek is intriguing. For businesses, the decision to trial a 4-day workweek is a complex one.
Our question to leaders is would you trial this in your company? And why?
To employees, would you be happy to trial this?
#4dayworkweek
Cboe Global Markets & S&P Dow Jones Indices have announced the launch of the Cboe S&P 500 Dispersion Index, expanding Cboe's suite of volatility indices. This index aims to provide deeper insights into U.S. equity market volatility by measuring expected dispersion in the S&P 500.
After years of near-zero returns, interest-rate hikes have sparked a resurgence in bond yields, with 10-yr U.S. Treasuries now offering 4.5%. The increase has caught the attention of investors, leading to a significant surge in Treasury sales since 2021
#Investing#Bonds
The U.S. dollar has made a powerful comeback in the third quarter, causing concern among global central bankers who are navigating the delicate balance of curbing inflation while supporting fragile economic growth.
#USDollar#GlobalEconomy#Inflation#FinancialMarkets#Currency
Singer Capital's new Head of Trading! π
Gareth Henderson, who has been heading the market-making division since 2020, will now oversee all equity and fixed income trading activities at the firm
#Trading#Finance#Leadership#SingerCapitalMarkets
As Scotland joins the growing list of countries experimenting with a 4-day work week, is it time the US joined the trend?
According to a survey by Qualtrics, 92% of US workers are in favour of adopting a 4-day work week, so it may be coming one way or another...
#4dayworkweek
Looking to start a banking internship program in 2024? eFinancialCareers has posted a comprehensive list of all the major players offering internships & exactly where you can apply for them
https://t.co/4L4LtpdkV4
#finance#quantitative#datascience#careeropportunity
GameStop's rollercoaster ride continues as its shares flirt with the lowest levels of the year
Despite naming Ryan Cohen as its CEO last week, GameStop, has seen its stock plummet approximately 80% from its record high of nearly $87 in January 2021.
#GameStop#StockMarket
Congratulations to the incredible winners and nominees for their incredible achievements in finance
You can see the full list of winners at --> https://t.co/BfQvcmPXVS
#WomeninFinance#Finance#Quantitative#MarketUpdate
π Cheers to Another Incredible Week! π₯
It's the perfect moment to reflect on your achievements, big and small. π Whether you conquered challenges at work, made progress toward your goals, or managed a small obstacle, every step forward is worth celebrating.