Happy International NFT Day r/Superstonk!!!
Reddit Post
dismal-jellyfish
Commissioner Hester M. Peirce: I support todayโs proposal because it seeks comment on how to address problems we have observed in the Treasury market, not because I necessarily embrace the solution that we are proposing.
Source: https://www.sec.gov/news/statement/peirce-statement-treasury-clearing-09142022
Reddit Post
SEC Alert! SEC Proposes Rules to Improve Risk Management in Clearance and Settlement and to Facilitate Additional Central Clearing for the U.S. Treasury Market
Source: https://www.sec.gov/news/press-release/2022-162
Proposed Rule
Specifically, the proposal would require that clearing agencies in the U.S. Treasury market adopt policies and procedures designed to require their members to submit for clearing certain specified secondary market transactions. These transactions would include: all repurchase and reverse
Merge ahead! A breakdown of the update coming to Ethereum tomorrow and what you need to know if you hold NFTs.
Hello r/Superstonk, I hope you're enjoying a wonderful Tuesday! Did you know tomorrow is likely the biggest technical upgrade in the blockchain world to date? After taking notes and sharing hype from foobar's appearance on Rug Radio about the Merge with the rest of the
foobar on Twitter: Earlier today on spaces I eyeballed a 30 gwei threshold for ETH becoming inflationary/deflationary post-merge Turns out it's even lower, average basefee of 15 gwei is the determining factor.
Reddit Post
Federal Reserve Alert! U.S. economy likely to slow further, Fedโs Beige Book finds. Most business respondents โexpected price pressures to persist at least through the end of the year.โ
Source: https://www.federalreserve.gov/monetarypolicy/beigebook202209.htm
Overall Economic Activity
Economic activity was unchanged, on balance, since early July, with five Districts reporting slight to modest growth in activity and five others reporting slight to modest softening. Most Districts reported steady consumer spending as households continued to trade down
CNS accounts settle against a single Designated Account. It's therefore technically possible for a Member to deliver securities to NSCCโs CNS account to satisfy a short position in 1 CNS sub-account and receive the same securities from NSCCโs CNS account
CNS accounts settle against a single Designated Account. It's therefore technically possible for a Member to deliver securities to NSCCโs CNS account to satisfy a short position in 1 CNS sub-account and receive the same securities from NSCCโs CNS account in connection with a long position