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  • Nadex Refrains From Listing Certain Contracts

    Date 15/04/2022

    Due to activity in the underlying markets upon which the Nadex contracts are based and pursuant to the authority granted in Nadex Rule 12.1(i), Nadex took the following actions:

  • Statement Regarding SPAC Matter, SEC Commissioner Hester M. Peirce, April 15, 2022

    Date 15/04/2022

    Alberton Acquisition Corporation (the “SPAC”) filed a Form 8-K yesterday announcing that SolarMax Technology, Inc. (“SolarMax”) intends to terminate its merger agreement with the SPAC.  The press release explains that SolarMax reasonably believed that the proposed merger would not be completed by April 26, 2022, the date by which the merger must be completed for the SPAC’s securities to remain listed on Nasdaq.  The press release does not say why meeting Nasdaq’s deadline would be problematic.  It states only “[a]s of April 13, 2022, the registration statement on Form S-4 . . . with a proxy statement containing information about the Merger was not declared effective by the U.S. Securities and Exchange Commission . . . .” (emphasis added).  Therein lies the question that troubles me: Why exactly did the SEC not take the routine step—one typically taken on delegated authority by the staff without input from the Commission—to declare the registration statement effective?

  • CFFEX Notice On Listing Of New Equity Index Futures And Equity Index Options Contracts

    Date 15/04/2022

    • The IF2212 CSI 300 equity index futures contract is scheduled to be listed on April 18, 2022 at the base price of 4114.8.
    • The IC2212 CSI 500 equity index futures contract is scheduled to be listed on April 18, 2022 at the base price of 5888.6.
    • The IH2212 SSE 50 equity index futures contract is scheduled to be listed on April 18, 2022 at the base price of 2903.8.
    • The IO2207 series CSI 300 equity index options contracts are scheduled to be listed on April 18, 2022.

  • Publication Of Japan Exchange Group Green Bond Framework

    Date 15/04/2022

    On April 15, 2022, Japan Exchange Group, Inc. (JPX) published the Japan Exchange Group Green Bond Framework.

  • CFFEX: Notice On Delivery Of Equity Index Futures And Options Contracts

    Date 15/04/2022

    The following equity index futures and options contracts are delivered on April 15, 2022 at their respective final settlement prices:

    • IF2204 CSI 300 index futures contracts and the IO2204 series CSI 300 index options contracts are delivered at the final settlement price of 4194.46;
    • IC2204 CSI 500 index futures contracts are delivered at the final settlement price of 6087.71;
    • IH2204 SSE 50 index futures contracts are delivered at the final settlement price of 2935.36.