October 25, 2024/US SEC The Securities and Exchange Commission today adopted rule amendments and a new rule to improve the resilience and recovery and wind-down planning of covered clearing agencies. The rule amendments establish new requirements regarding a covered clearing agency’s collection of intraday margin as well as a covered […]
Author: InvestAdvocate
Statement on Clearinghouse Resiliency, Recovery, and Wind-Down
October 25, 2024/US SEC By Gary Gensler Today, the Commission approved amendments to help ensure the continuity of clearing services during times of significant stress. I am pleased to support the amendments because they enhance the resiliency of an important part of our market plumbing, clearinghouses, which are fundamental for […]
Dangote Cement 9M 2024: Cost Pressures and FX Loss Pressure Bottom-Line
October 25, 2024/CSL Research Dangote Cement’s recently released unaudited results for the first nine months of 2024 showed a remarkable Revenue increase of 69.1% y/y, rising to N2.56 trillion from N1.51 trillion in the same period of 2023. However, on a q/q basis, Revenue declined by 15.1%, reaching N800.52 billion […]
