News Centre

Shanghai Futures Exchange: Notice On Investigation And Penalties For Violations Of Relevant Rules And Regulations In April 2021

Date 13/05/2021

Shanghai Futures Exchange (hereinafter referred to as “The Exchange”) has been on continuous efforts in investigating and penalizing violations of relevant rules and regulations, so as to strengthen the risk management of the futures market, regulate the futures trading activities and protect the legitimate rights and interests of futures market participants. The enforcement against such violations in April 2021 are listed as follows:
 

In the aspect of administration of abnormal trading behaviors, the Exchange has dealt with a total of 80 cases, among which 17 cases were self-trades，60 cases were frequent order cancellations，1 case was exceeding the limit of placing and cancellation of large-amount orders，2 cases for the combined size of positions within a group of accounts with actual control relationship exceeding the position limit prescribed by the Exchange. The Exchange has separately notified the relevant clients by phone through members，placed 10 clients and 2 groups of accounts with actual control relationship on the Exchange’s watchlist，notified 80 abnormal trading behaviors to all the members. The Exchange has suspended 4 clients from opening new positions on the relevant futures contracts and notified to the market.

Aquis Exchange PLC: New Senior Management Appointments - Strengthening The Management Team For Future Growth

Date 13/05/2021

Aquis Exchange PLC (AQX.L), the exchange services company, has made a series of management changes to better reflect its post-Brexit structure, as well as its future growth and expansion plans for both its London and Paris offices.

Announcement Of Approval Of 6 Institutions Including Chow Tai Fook Jewellery Company Limited As Shanghai Gold Exchange’s International Members And Revocation Of Huatai Rising (Shanghai) Investment Co.,Ltd. From SGE International Member List

Date 13/05/2021

SGE hereby announces that, Chow Tai Fook Jewellery Company Limited, Standard Chartered Bank (Hong Kong) Limited, Precious Metals International (Singapore) Pte. Ltd., Valcambi SA, DRW Singapore Pte. Ltd. and China Bohai Bank Shanghai Pilot Free Trade Zone Branch have been officially admitted as SGE International members. 

Readout: US Deputy Secretary Of The Treasury Wally Adeyemo's Meeting With The Board Of Directors Of The Opportunity Finance Network

Date 12/05/2021

 Earlier today, Deputy Secretary of the Treasury Wally Adeyemo met with the Board of Directors of the Opportunity Finance Network (OFN), led by President and CEO Lisa Mensah. Deputy Secretary Adeyemo shared President Biden and Secretary Yellen’s vision for an equitable and sustainable recovery, including tapping into the unrealized potential of small businesses across the country by supporting Community Development Financial Institutions (CDFI) and Minority Depository Institutions (MDI) through policies like the $3 billion CDFI Rapid Response Program. Deputy Secretary Adeyemo asked for the Board’s advice on how Treasury can better utilize its tools to serve underrepresented communities and how to ensure the commitments made by the private sector in the wake of the murder of George Floyd and the subsequent racial justice movement, are realized and are upheld.

Coinbase To Participate In Barclays Emerging Payments And Fintech Forum

Date 12/05/2021

Coinbase Global, Inc. announced today that Alesia Hass, Chief Financial Officer, will participate in a fireside chat at the Barclays Emerging Payments and Fintech Forum on Thursday, May 20, 2021 at 9:00 a.m. PT / 12:00 p.m. ET.

US Department Of Justice: Two Individuals Charged For Their Roles In Massive Cattle Ponzi Scheme - Defendants Raised More Than $650 Million From Investors, Who Lost Tens Of Millions Of Dollars

Date 12/05/2021

A federal grand jury in Colorado returned an indictment that was unsealed Tuesday charging an Illinois woman and a Georgia man with running a Ponzi scheme that raised approximately $650 million from investors across the country.

New Director Joins ISDA Board

Date 12/05/2021

ISDA has today announced the appointment of a new director and the election of eight others at its virtual Annual General Meeting.

SIFMA Fixed Income Market Close Recommendations In The U.S., The U.K. And Japan For The U.S. Memorial Day & U.K. Spring Bank Holidays

Date 12/05/2021

SIFMA confirmed its previous recommendations for the U.S., the U.K., and Japan in observance of the U.S. Memorial Day and the U.K. Spring Bank Holidays.

Bermuda Stock Exchange Joins United Nations Sustainable Stock Exchanges Initiative As Partner Exchange

Date 12/05/2021

Highlights: 

• BSX to collaborate with peers to promote sustainable business practices and corporate transparency
• Launch of BSX ESG Guidelines for issuers is a priority. 

U.S. Department Of The Treasury: Nearly 1 Million Additional Economic Impact Payments Disbursed Under The American Rescue Plan; Total Payments Reach Nearly 165 Million

Date 12/05/2021

Today, the U.S. Department of the Treasury, the Internal Revenue Service, and the Bureau of the Fiscal Service announced they are disbursing nearly 1 million payments in the ninth batch of Economic Impact Payments from the American Rescue Plan.