News Centre

Thunes Announces Strategic Hires In Preparations For Further Expansion Of Business

Date 20/09/2021

Thunes, the Singapore-based fintech company, and a leader in global cross-border payments, today announced it has appointed Irina Chuchkina as Chief Marketing Officer and Babul Balakrishnan as Head of Customer Care. Both executive hires will be based in Singapore and support Thunes’ global growth strategy.

Montréal Exchange Extends Trading Hours To Asia Pacific Time Zones - Canada’s Derivatives Exchange Further Expands Global Reach, Syncing Trading Hours With Asia Pacific Markets In Support Of Growing Investor Demand

Date 20/09/2021

Montréal Exchange (MX), Canada’s derivatives exchange, today launched the next phase of its extended trading hours initiative, offering investors in the Asia Pacific region the opportunity to manage their exposure to Canadian markets and execute cross-market strategies in their local time, almost 24 hours a day.

SGX Welcomes CapitaLand Investment Limited To Mainboard

Date 20/09/2021

Singapore Exchange (SGX) today welcomed CapitaLand Investment Limited (CapitaLand Investment) to its Mainboard under the stock code “9CI”.

US Secretary Of The Treasury Janet L. Yellen Op-Ed: "Congress, Raise The Debt Limit -- We Are Finally Emerging From The Pandemic Crisis, Let's Not Plunge Ourselves Into A Financial One."

Date 19/09/2021

Today, Secretary of the Treasury Janet L. Yellen penned an op-ed in the Wall Street Journal urging Congress to pay America's bills by swiftly raising the debt limit as it has always done on a bipartisan basis. 

Financial Action Task Force Accredits Dr. Maryam Al Suwaidi As The First Emirati Female Assessor Expert In The Field Of Combating Money Laundering And Terrorism Financing

Date 19/09/2021

Financial Action Task Force (FATF) accredited H.E. Dr. Maryam Buti Al Suwaidi - Acting CEO of Securities and Commodities Authority (SCA)- as an accredited assessor and expert in evaluating the national level systems of combating money laundering and terrorism financing and evaluating the effectiveness of these systems using the evaluation methodology issued in 2013 by FATF for its second round of country evaluations. H.E Dr. Maryam Al Suwaidi is the first Emirati woman to receive this coveted recognition from FATF.

Tehran Stock Exchange Weekly Market Review - 11 September 2021 To 15 September2021

Date 18/09/2021

Click here to download Tehran Stock Exchange's weekly market review 

Business Rules For Issuance And Underwriting Of Shares On Shanghai Stock Exchange STAR Market Revised

Date 18/09/2021

Upon the approval of the China Securities Regulatory Commission (CSRC), the Shanghai Stock Exchange (SSE) published today the newly revised Measures of Shanghai Stock Exchange for Implementation of Issuance and Underwriting of Shares on the STAR Market and the Guidelines No. 1 of the Shanghai Stock Exchange for the Application of the Rules for Issuance and Underwriting on the STAR Market - Initial Public Offerings, aiming to optimize the mechanism for issuance and underwriting of new shares on the SSE STAR Market and enhance the equilibrium between buyers and sellers. The revised rules (hereinafter collectively referred to as the STAR Market Issuance and Underwriting Rules) shall come into effect on the date of publication.

US Department Of Justice: Former Information Technology Executive Pleads Guilty To Insider Trading And Aiding In The Preparation Of A False Tax Return

Date 17/09/2021

A former information technology (IT) executive pleaded guilty today in the Western District of Pennsylvania to conspiracy to commit securities fraud and aiding in the preparation of a false tax return.

Nadex Temporarily Amends Binary Contracts Strike Width

Date 17/09/2021

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and Section 40.6(d) of the regulations promulgated by the Commodity Futures Trading Commission (the “Commission”) under the Act (the “Regulations”), North American Derivatives Exchange, Inc. (“Nadex”, the “Exchange”) hereby provides notice that due to increased or decreased volatility, as the case may be, in the underlying markets upon which the Nadex contracts are based, Nadex made changes to the strike widths of various contracts during the week of September 13, 2021 as indicated in the Weekly Notice. 

SIFMA AMG Statement On Impact Of Tax Proposals On Middle-Class Savers

Date 17/09/2021

SIFMA AMG today released the following statement from Tim Cameron, SIFMA Managing Director and head of SIFMA’s Asset Management Group (SIFMA AMG) expressing concerns with several tax changes being considered in Congress as part of the reconciliation bill:

“As Congress debates the reconciliation package, raising taxes on Main Street investors is the wrong direction to look and runs contrary to the Biden Administration’s promise not to raise taxes on middle-income Americans. Provisions like raising taxes on capital gains and dividends, changing the derivatives tax regime, new restrictions on the ability of individual retirement accounts (IRAs) to invest in alternative investments, and changing the tax treatment for exchange traded funds (ETFs) all directly impact Americans working to build savings and to have a successful retirement. We urge Congress to carefully consider the real-world impact on everyday savers and move away from these tax hikes.”