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Matrix Executions Announces 2021 Plans After Quadrupling Volumes And Increasing Market Share In 2020 - Firm Completes Record Year In Revenues, Product Development, Client Acquisition, And Volume Executed, With Several Client-Requested Solution Rollouts Planned For Q1 2021

Date 26/01/2021

Matrix Executions, LLC (“Matrix”), a broker-dealer specializing in trading workflow automation and execution, today laid out the road ahead for the firm on the heels of a successful 2020. Matrix captured an increased percentage of market share of the options industry’s record-setting volumes in 2020, and with the expected delivery of additional product offerings in 2021, anticipates to continue that success.

SIA: Agreement With Fintech WizKey For Trading Of Credits On Blockchain - Thanks To A DLT Technology Based Platform, Banks, Funds And Financial Operators Will Be Able To Securitize And Sell Credit Portfolios Thus Promoting Greater Liquidity For SMEs

Date 26/01/2021

SIA, a leading European hi-tech company in payment services and infrastructures, controlled by CDP Equity, has signed a partnership agreement with WizKey, a fintech offering advanced solutions for the credit market, to launch an innovative platform available to banks, funds and financial operators to negotiate credits on blockchain and promote greater liquidity to the benefit of SMEs.

LIBOR – Are You Ready For Life Without LIBOR from end-2021? - Speech By Edwin Schooling Latter, Director Markets And Wholesale Policy At The FCA, Delivered At City & Financial's Managing LIBOR Transition Event On 26 January 2021

Date 26/01/2021

Highlights:

• 85% of uncleared UK derivatives market ready for the end of LIBOR as 12,500 firms sign the ISDA protocol
• IBA consultation on proposed end-dates for LIBOR has now closed, opening the way to determining and announcing the future path for all 5 LIBOR currencies simultaneously
• users of LIBOR should press ahead with transition plans – in their new business and their legacy LIBOR books

Moscow Exchange: Risk Parameters Change For The Security GE-RM

Date 26/01/2021

As per the Securities market risk parameters methodology, on 26.01.2021, 15-59 (MSK) the upper bound of the price band (up to 938) and initial margins (up to 20 %) for the security GE-RM were changed. New values are available here

CME Group To Launch A Global Emissions Offset (GEO) Futures Contract On March 1

Date 26/01/2021

CME Group, the world's leading and most diverse derivatives marketplace, today announced it will launch a Global Emissions Offset™ (GEO™) futures contract on March 1, 2021, pending all relevant regulatory reviews. The new contract, which will provide customers with a market-based solution to manage global emissions risk, was jointly developed with Xpansiv market CBL, a leader in spot energy and environmental markets.  

Tether Tokens (USDt) Surpasses US$25 Billion Market Cap

Date 26/01/2021

Tether Operations Limited, the blockchain-enabled platform that powers the largest stablecoin by market capitalization, has today announced that Tether tokens (USDt) have surpassed US$25 billion.

CQG Releases New PanXchange Widget On CQG Desktop - New Offering Provides Direct Access To Premium Benchmarks And Analysis Content For Hemp, Frac Sand, East African Commodities

Date 26/01/2021

CQG, a leading global provider of high-performance technology solutions for traders, brokers, commercial hedgers, and exchanges, and PanXchange, a Denver-based over-the-counter (OTC) physical commodity exchange and price discovery platform, today announced the launch of a new PanXchange widget within the CQG Desktop platform. The offering gives CQG's global clients direct access to PanXchange's premium benchmarks and analysis content for hemp, frac sand and East African OTC commodities.

POSIT Alert, Australia Sets New Record For Largest Recorded Single Print

Date 26/01/2021

Virtu Financial, Inc. (NASDAQ: VIRT) a leading provider of global, multi-asset, financial services and products across the complete investment cycle, today announced that POSIT Alert, Australia matched its largest recorded single trade with a value of AUD$87M (USD$67.2M) on each side on 25 January 2021. In addition, this trade was the largest single trade matched between a POSIT Alert front-end user and an electronic conditional order in POSIT Alert, APAC’s history.

SGX RegCo To Review Rich Capital’s Potential Listing Rule Breaches And Report Matter To Relevant Authorities

Date 26/01/2021

Singapore Exchange Regulation (SGX RegCo) refers to Rich Capital’s announcements of 17 May 2019, 23 May 2019, 4 June 2019 and 4 July 2019 on the award of a construction contract and an advance payment of S$2 million to an interested person, Rich-Link Construction Pte. Ltd. (RLC) in 2018. RLC was an associate of Rich Capital’s former Non-Executive Chairman and controlling shareholder, Mr. Wang Zhen Wen. Provenance Capital Pte. Ltd (Provenance) was appointed on 14 August 2019 as the independent reviewer to look into, inter alia, the circumstances surrounding this contract. Provenance reported the findings directly to SGX RegCo.  The report was released on 26 January 2021.

Japan Financial Services Agency: Publication Of The First Report By The Working Group On Capital Market Regulations Of The Financial System Council

Date 26/01/2021

The Working Group on Capital Market Regulations of the Financial System Council (Chaired by Professor KANDA Hideki, Gakushuin University Law School) has compiled and published “First Report － Regulatory Policy: Toward an International Financial Hub".