News Centre

New Zealand Financial Markets Authority: AxiCorp Licence Suspension Lifted

Date 09/12/2021

The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko has lifted the suspension on the derivatives issuer licence of AxiCorp Financial Services Pty Limited (trading as AxiTrader), effective as of 2 December 2021.

The UAE Securities And Commodities Authority's Board Of Directors Reviews The Most Important Developments In The Financial Markets In The State - Headed by H.E. Abdullah bin Touq - Study Of A Proposal To Reconsider The Legal Form Of The Fifth Category Of Licensed Financial Services Companies

Date 09/12/2021

In the context of the SCA’s endeavor to develop and improve the supervisory and control system and the system of financial activities and services related to the State's securities sector in order to match the best international standards and practices, the Authority’s Board of Directors held its sixth meeting (of the seventh session of the Board) headed by H.E Abdullah bin Touq Al Marri, Minister of Economy/ Chairman of the Board of Directors, and in presence of H.E. Mohammed Ali Al Shorafa Al Hammadi, Dr. Ali Mohammed Bakhit Madawi Al-Rumaithi, Dr. Abdullah Abdulrahman Al-Khateeb, H.E Faisal Youssef Solitin, H.E/ Dr. Al-Yazia Ali Saleh Al-Kuwaiti, and H.E Maitha Ali Al-Gergawi. The meeting was also attended by Dr. Maryam Al-Suwaidi, CEO of the Authority. During the meeting, which took place via remote electronic communication techniques, the Board discussed a number of important topics and issues related to the securities sector.

ASIC Sues ANZ For Misleading Customers And Failing To Provide Promised Benefits – Final Royal Commission Investigation

Date 09/12/2021

ASIC has commenced civil penalty proceedings in the Federal Court against Australia and New Zealand Banking Group Ltd (ANZ) for failing to provide certain benefits it had agreed to give customers with offset transaction accounts or a ‘Breakfree’ package.

Shanghai Stock Exchange, Shenzhen Stock Exchange, And Beijing Stock Exchange: Exchanges Pool Efforts In Market Incubation To Boost High-quality Development Of Capital Market In Western Region

Date 09/12/2021

Initiated collaboratively by the Shanghai Stock Exchange (SSE), the Shenzhen Stock Exchange (SZSE) and the Beijing Stock Exchange (BSE), and jointly sponsored by the regional offices of the China Securities Regulatory Commission (CSRC) and the local financial regulatory bureaus in China’s western region, the Western Region Special Edition of Joint Incubation Program by Stock Exchanges was held in Chengdu on December 8, 2021. Officials of the three stock exchanges addressed the event. Among those present were relevant officials of the Sichuan Provincial Financial Regulatory Bureau, the Sichuan Office of CSRC, the Chengdu Municipal Financial Regulatory Bureau, the Chengdu High-tech Industrial Development Zone, and representatives from the enterprises.

Taiwan Futures Exchange Newsletter - December 2021

Date 09/12/2021

Taiwan Futures Exchange (TAIFEX) listed Mini Finance Sector Index Futures (ZFF) on December 6, 2021, in an effort to strengthen its small-sized product line-up, as well as to adapt to surging demand from retail investors for managing their risk exposure in Taiwan’s finance industry. 

SIFMA Statement On House Passage Of LIBOR Legislation

Date 08/12/2021

SIFMA released the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, regarding passage of H.R. 4616, the Adjustable Interest Rate (LIBOR) Act, by the U.S. House of Representatives:

“We commend the House’s bipartisan passage of the Adjustable Interest Rate (LIBOR) Act, sponsored by Rep. Brad Sherman (D-CA). There are currently trillions of dollars of existing contracts and instruments that, as a practical matter, cannot be amended to utilize an alternative rate and Federal legislation is necessary to facilitate a smooth transition away from LIBOR to an alternative reference rate for these ‘tough legacy’ contracts. This legislation will benefit all market participants including LIBOR’s end users, who range from investors to companies to consumers."

Nadex Amends Listing Hours During The Week Of December 20, 2021

Date 08/12/2021

Nadex will observe the following modified holiday schedule for the 2021 Christmas Holiday in accordance with the Product Schedule Guidelines for Holidays:

CME Group Announces 2022 Annual Meeting Date

Date 08/12/2021

CME Group Inc. (NASDAQ: CME), the world's leading and most diverse derivatives marketplace, today announced it will conduct its 2022 annual meeting of shareholders at 10:00 a.m. Central Time on Wednesday, May 4, 2022. Additional information will be provided in the company's proxy statement

Nadex Temporarily Grants Market Maker Quoting Exemption Due To Illiquid Markets

Date 08/12/2021

Pursuant to the Nadex Market Maker Agreement, Section 4, Subsection (a)(iv), Market Maker(s) may refrain from submitting quotes during a period of illiquidity in the underlying markets, defined as thinly traded markets during particular time period. 

Corrected - Miami International Holdings Reports November 2021 Trading Results - MIAX Exchange Group Sets Annual Volume Record - MIAX Pearl Equities Sets Market Share And Volume Records

Date 08/12/2021

Miami International Holdings, Inc. today reported November 2021 trading results for its U.S. exchange subsidiaries – MIAX®, MIAX Pearl® and MIAX Emerald® (together, the MIAX Exchange Group™) and Minneapolis Grain Exchange (MGEX™).