News Centre

NYSE To Commence Delisting Proceedings In Securities Of Three Issuers To Comply With Executive Order 13959

Date 31/12/2020

The New York Stock Exchange LLC (“NYSE” or “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the securities of the following issuers (the “Issuers”):

BOX Options: Update - Penny Program Annual Rebalancing

Date 31/12/2020

BOX Options (“BOX”) recently distributed IC-2020-34 detailing the Annual Review and rebalancing of the permanent Penny Interval Program (“Penny Program”).

S&P Dow Jones Indices Europe Dashboard

Date 31/12/2020

Europe  

• Despite rallying in the fourth quarter, the S&P Europe 350® finished 2020 below where it began, thanks in no small part to its largest country by weight, the United Kingdom. 
• Information Technology finished the year as the clear winner among sectors, while European Financials had another year of woe. 
• One of the unsung stories of the year in Europe was the strength of the euro, which gained 6% versus GBP and 8% versus USD during 2020.  

FINRA Orders Worden Capital Management LLC To Pay More Than $1.2 Million In Restitution To Customers Whose Accounts Were Excessively Traded - Firm Also Fined $350,000 For Failing To Reasonably Supervise Recommended Securities Transactions And Other Violations

Date 31/12/2020

FINRA announced today that it sanctioned Worden Capital Management LLC (WCM) more than $1.5 million, including approximately $1.2 million in restitution to customers whose accounts were excessively traded by the firm’s representatives, and a $350,000 fine for supervisory and other violations. As part of the settlement, WCM must also retain an independent consultant to conduct a comprehensive review of the relevant portions of the firm’s supervisory systems and procedures.

BOX Options: Fee Change – January 2021

Date 31/12/2020

Effective January 4, 2021, BOX Options (“BOX”) is removing Section III (Liquidity Fees and Credits) of the BOX Fee Schedule and establishing Break-Up Credits in (1) Section I.B (PIP and COPIP Transactions); (2) Section I.C (Facilitation and Solicitation Transactions); and (3) Section I.C.2 (Strategy Order Facilitation and Solicitation Transactions).1 BOX is redistributing the fees and rebates outlined in current Section III to the appropriate places within the respective fee structures discussed above. 

CFTC Commitments Of Traders Update

Date 31/12/2020

In lieu of the federal holiday on Friday, January 1, 2021, the weekly Commitments of Traders (COT) market report will be released on Monday, January 4, 2021.

MIAX Options And PEARL Options Exchanges - January 1, 2021 Fee Changes

Date 31/12/2020

Effective January 1, 2021, pending filing with the SEC, the MIAX Options and PEARL Options Fee Schedules will be amended.  

BOX Exchange Penny Program Annual Rebalancing

Date 31/12/2020

The permanent Penny Interval Program for options (the “Penny Program”), was adopted on July 1, 2020 by BOX Exchange LLC (“BOX”) and includes provisions for annual rebalancing of the Penny Program.

UK Financial Conduct Authority: Statement On Use Of The Temporary Transitional Power To Modify The UK’s Derivatives Trading Obligation

Date 31/12/2020

The UK has implemented the G20 commitment to improve over-the-counter derivatives markets by onshoring the Markets in Financial Instruments Regulation (MiFIR) derivatives trading obligation (DTO) under the EU Withdrawal Act. The UK DTO applies to the same classes of derivatives as the EU DTO.

Nigerian Stock Exchange Weekly Market Report For December 31st 2020

Date 31/12/2020

It was another brief trading week as the Federal Government of Nigeria declared Monday, 28th December, 2020 and Friday, 1st January, 2021 as Public Holidays to celebrate Boxing day and the New Year respectively.