FTSE Mondo Visione Exchanges Index:
News Centre
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Johannesburg Stock Exchange Expands Partnership With Beeks And IPC To Power Colo 2.0 Offering In New Data Centre - Beeks’ Exchange Cloud Now Supports JSE’s Dual Location Disaster Recovery Requirement At Teraco Data Centre
Date 20/08/2024
Beeks Group, a leading cloud computing and connectivity provider for financial markets, has announced a significant expansion of its partnership with the Johannesburg Stock Exchange (JSE) and IPC Systems. This extension will see Beeks’ Exchange Cloud service deployed at the JSE's Teraco data centre, bolstering the exchange's Colo 2.0 offering with enhanced dual location disaster recovery capabilities. -
Scott Dawson Promoted To CEO Of DECTA As Company’s UK Presence Expands
Date 20/08/2024
- Scott Dawson promoted to Chief Executive Officer (CEO) of end-to-end payments solution provider DECTA
- Dawson will focus on evolving the consultative approach of the business and drive the company’s UK strategy forward, while continuing to support SMEs and solidifying the business’s offering
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Shanghai Stock Exchange - A Look At Nearly 100 Semi-annual Reports of STAR Market Companies: Over 80% Achieve Profitability And The Semiconductor Industry Performs Impressively
Date 20/08/2024
The earnings season kicks into high gear for A-share companies as they report semi-annual performances. According to rough statistics from the reporter of Shanghai Securities News, nearly 100 STAR Market companies had disclosed their semi-annual data for 2024 as of the evening of August 19. Among them, 81 companies or over 80% went into the black in the first half of the year, 53 realized year-on-year growth in net profit, and 11 reported earnings turnaround.
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ASX Lists Deliverable Wallumbilla Natural Gas Futures Contract, Extending Portfolio Of Transitional Energy And Carbon Market Derivatives
Date 20/08/2024
ASX has expanded its energy derivatives market presence, listing the physically settled Wallumbilla Natural Gas Futures contract for trading this week.
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Statement Of CFTC Commissioner Caroline D. Pham On Self-Reporting And Cooperation Credit In Enforcement Actions
Date 19/08/2024
While I support the Commission’s administrative settlement with Raizen Energia SA and Raizen Trading SA (collectively, Raizen, a sugar commercial end-user), I do not agree with the decision to not provide recognition and cooperation credit for Raizen’s self-reporting of the violations. It is my view that Raizen promptly self-reported the violations to the Division of Enforcement (DOE) once it had completed an internal investigation to determine the facts and circumstances and if any violations had occurred that would require self-reporting. Further, Raizen completed extensive remediation efforts and enhanced its compliance program prior to settlement.
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Statement Regarding GHS Investments, LLC, SEC Commissioner Mark T. Uyeda, Aug. 19, 2024
Date 19/08/2024
From 2017 through 2022, GHS Investments, LLC (GHS) acquired convertible, variable rate notes from penny stock securities issuers, converted the notes into stock at a substantial discount from the prevailing market price, and sold the resulting shares into the public market to obtain profits. The Commission has issued an order that finds that such activities made GHS a dealer under Securities Exchange Act of 1934 (Exchange Act) and GHS’s failure to register as a dealer violated Section 15(a)(1) of that Act. I dissent from this order because it appears that the Commission is attempting to achieve policy objectives through enforcement, instead of rulemaking, while also arbitrarily deciding which activities necessitate enforcement action.
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Expect The Inquisition: Dissent From Obra Capital Management, LLC, SEC Commissioner Hester M. Peirce, Aug. 19, 2024
Date 19/08/2024
Sometimes heeding the advice of your high school civics teacher to get involved in the political process and support your preferred candidate carries unexpected costs imposed from unanticipated quarters. Today’s settlement with Obra Capital Management, LLC is yet another reminder that when it comes to participation in the political process by means of contributions to preferred candidates, investment advisers, their associated persons, and anyone who might be looking for a job at an investment adviser always should expect the Commission’s inquisition.
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CFTC Orders Brazilian And Swiss Sugar Companies To Pay $750,000 For Wash Sales
Date 19/08/2024
The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against respondents Raizen Energia SA, a Brazilian energy company and sugar merchant, and Raizen Trading SA, a Swiss sugar merchant, for engaging in wash sales and non-competitive transactions. The order requires the respondents jointly and severally to pay a $750,000 civil monetary penalty. The respondents admit the facts detailed in the order and are ordered to cease and desist from further violations of the Commodity Exchange Act and CFTC regulations, as charged.
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SIFMA Fixed Income Market Close Recommendation In The US, The UK, And Japan For US Labor Day Holiday
Date 19/08/2024
SIFMA has confirmed its previous holiday recommendation for a full market close on Monday, September 2, 2024, for the trading of U.S. dollar-denominated fixed income securities in the U.S., the U.K., and Japan in observance of the U.S. Labor Day holiday.
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From Latency To A.I. Algo Driven Capital Markets - By Kelvin To, Founder And President Of Data Boiler Technologies
Date 19/08/2024
Over half a century has passed since Electronic Communication Networks (ECNs) disrupted the traditional floor-based model of stock exchanges. Ushering in the era of electronic trading. Since Regulation National Market System (Reg. NMS) was adopted almost 20 years ago, the honorable goal of promoting venue-by-venue competition and fair price formation across securities markets turned into a latency arm race. Pushes market data and connectivity costs to rise exponentially.
