News Centre

Japan Exchange Group: Schedule Update For Setting Up Systems At New Secondary Center

Date 29/01/2021

With the aim of further enhancing stability in operating its markets, Japan Exchange Group, Inc. has been constructing a new secondary data center (back-up center) in the Kansai region. As such, we hereby update the schedule for setting up systems at the center as indicated in the PDF below.

Shanghai International Energy Exchange’s LSFO Futures Completed Its First Shipment Of Overseas Take-Delivery: First Case Of Overseas Take-Delivery In China’s Futures Market

Date 29/01/2021

From January 19 to 23, 2021, the first cross-border take-delivery of low sulfur fuel oil (LSFO) futures, a product listed on the Shanghai International Energy Exchange (INE), ended in success, with a total of 3,500 metric tons of LSFO being withdrawn through an overseas commodity storage facility run by PetroChina International (Singapore) Pte. Ltd. under INE’s group delivery framework. This signifies that INE’s innovative design of “domestic delivery + overseas take-delivery” was for the first time put into practice.

ASIC: Pershing Securities Australia Pty Ltd Fulfills Additional Licence Conditions

Date 29/01/2021

The additional licence conditions imposed on Pershing Securities Australia Pty Ltd (PSAL) in December 2019 have been removed as of 14 December 2020. 

ISDA - Transition To RFRs Review: Full Year 2020 And the Fourth Quarter Of 2020

Date 28/01/2021

The Transition to Risk-free Rates (RFRs) Review analyzes the trading volumes of over-the-counter (OTC) and exchange-traded interest rate derivatives (IRD) that reference the selected alternative RFRs, including the Secured Overnight Financing Rate (SOFR), the Sterling Overnight Index Average (SONIA), the Swiss Average Rate Overnight, the Tokyo Overnight Average Rate, the Euro Short-Term Rate and the Australian Overnight Index Average.

New York Attorney General James Reviewing Robinhood App Activity

Date 28/01/2021

New York Attorney General Letitia James today released the following statement in regards to recent activity related to the Robinhood application and the trading of GameStop stock:

“We are aware of concerns raised regarding activity on the Robinhood app, including trading related to the GameStop stock. We are reviewing this matter.”

SIFMA Asks SEC To Pause Activity In The CAT To Assess Need To Collect Investors’ Personally Identifiable Information

Date 28/01/2021

In a letter to the Securities and Exchange Commission (SEC) today, SIFMA requested that the SEC immediately order a temporary pause related to the further development and implementation of the final full Customer & Account Information System (CAIS) technical specification on customer and account reporting to the Consolidated Audit Trail (CAT).  This pause would allow for an assessment of whether the personally identifiable information (PII) and other customer-related data planned to be reported to and maintained within the customer database is necessary or appropriate to fulfill the purpose of the CAT, particularly in light of the evolving risk landscape.

ISDA - Video: Who Uses Derivatives And Why?

Date 28/01/2021

Thousands of companies around the world use derivatives to reduce risks for their businesses and increase certainty for their customers.

CFTC Orders Nebraska Company To Pay $400,000 For Position Limits Violations

Date 28/01/2021

The Commodity Futures Trading Commission today issued an order filing and simultaneously settling charges against an Omaha, Nebraska-based company that refers to itself as AG Processing Inc a cooperative (AGP) for exceeding the CFTC’s all-months speculative position limits for soybean meal futures contracts traded on the Chicago Board of Trade (CBOT). The order requires AGP to pay a $400,000 civil monetary penalty.

Readout: US Secretary Of The Treasury Janet L. Yellen’s Call With French Minister Of Finance Bruno Le Maire

Date 28/01/2021

Earlier today, Secretary of the Treasury Janet L. Yellen spoke with French Minister of Finance, the Economy, and the Recovery Bruno Le Maire. During the call, Secretary Yellen emphasized their shared priorities, including ending the pandemic, supporting a strong global economic recovery, fighting income inequality, and forcefully addressing the threat of climate change. The Secretary committed to re-engage actively in the ongoing OECD discussions on international taxation to forge a timely international accord. The Secretary discussed the importance of cooperating closely to advance bilateral and multilateral economic issues and to deepen the U.S.-France and transatlantic partnerships.

SEC - Market Structure Data: Q4 2020 Data Now Available

Date 28/01/2021

SEC Staff is pleased to provide  the following updates:

•  Updated Metrics. Data series containing daily cancel-to-trade ratios, trade-order volumes, hidden rates, and odd-lot rate metrics for Q4 2020 are now available. This data extends to 108 total months the data series you can view in the data visualization tool as well as download in CSV format. The visualization for quote-life data now defaults to Q4 2020.