The Bank of Japan on Monday started studying the feasibility of issuing its own digital currency, joining other central banks in the effort to equal the innovation in the field achieved by the private sector, Reuters reported.
Goldman Sachs said Wednesday it would invest $10 billion over the next 10 years in businesses and organizations that benefit Black women, with the goal of narrowing the wealth gap between Black women and others.
The London Metal Exchange's plans to permanently close its open outcry Ring, announced in January, have met vigorous opposition from brokers and industrial traders, the Financial Times reports. The Ring has been closed for a year because of the pandemic.
Eurex will extend its Total Return Futures (TRF) segment by cooperating with FTSE Russell in a new contract on the FTSE 100 Index. The launch, which reflects the global shift towards regulated on-exchange trading with central clearing, is scheduled for 29 March.
The Depository Trust & Clearing Corporation (DTCC) released a new white paper detailing a two-year plan for shortening the settlement cycle for U.S. equities to one business day after the trade is executed (T+1).