Submitted by IdeoLegis STAFF on Vendredi 2 août 2024 - 10:18
Cornering a market is an economic strategy aimed at acquiring all or most of a category of resources or goods that make up a market, in order to cause scarcity and drive up prices.
The term originates from the English phrase "cornering the market," which refers to manipulating a market by controlling the supply and sales to artificially create a situation of shortage in a sector, and then reselling the goods at significantly higher prices.
Submitted by Nicolas HOFFMANN on Mercredi 31 juillet 2024 - 23:11
A french bearer security is a financial instrument where ownership is presumed to belong to the holder of the physical (or dematerialized) certificate. The issuing entity does not record the holder or the transfer of the security from one holder to another in its register. The presentation of coupons (physically detached in the case of a physical security) triggers the payment of subsequent financial flows by the issuer.
Collateralized fund obligations (CFOs) backed by private equity fund assets or hedge fund assets are bond securities similar to collateralized debt obligation (CDO), except that they are based not on cash flows from "traditional" debt obligations, but on interest payments tied to the performance of a pool of hedge funds or private equity funds.
Bonds redeemable in shares (Obligations remboursables en actions - ORA) are a type of hybrid financial instrument commonly used in France. These bonds give the issuer the option to repay the debt by delivering a predetermined number of shares instead of cash. This feature provides the issuer with more flexibility and can be advantageous under certain market conditions.
Approved as a central securities depository (CSD) on October 2, 2018, by the Autorité des marchés financiers (the French financial market authority), ID2S has finally abandoned its ambitions in the field of securities services.
The new player had voted for its early dissolution on September 30, 2021, and had requested the withdrawal of its approval from the AMF. This withdrawal was confirmed by the regulator on March 29th of this year.
The European regulation known as "SFTR" (Securities Financing Transactions Regulation) aims to legally regulate securities financing transactions that involve at least one European counterparty. This regulation represents a significant and ambitious advancement in financial security and transparency. The "reporting" component of the regulation was built on a technically phased implementation schedule that had already been tested by Brexit.