News Centre

HKEX Appoints Head Of Post Trade Change

Date 13/04/2021

Hong Kong Exchanges and Clearing Limited (HKEX) is today (Tuesday) pleased to announce that Lisa O’Connor has joined the company as Managing Director, Head of Post Trade Change, reporting to Head of Post Trade, Glenda So.

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

Date 13/04/2021

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. 

SEC: Staff Statement On Accounting And Reporting Considerations For Warrants Issued By Special Purpose Acquisition Companies (“SPACs”) John Coates, Acting Director, Division Of Corporation Finance, Paul Munter, Acting Chief Accountant, April 12, 2021

Date 12/04/2021

Introduction

In a recent statement, Acting Chief Accountant Paul Munter highlighted a number of important financial reporting considerations for SPACs. Among other things, that statement highlighted challenges associated with the accounting for complex financial instruments that may be common in SPACs. Additionally, CF staff also issued a recent statement highlighting key filing considerations for SPACs.

New Zealand Financial Markets Authority Provides Breakdown Of Financial Advice Providers In The New Regime

Date 12/04/2021

The Financial Markets Authority (FMA) has provided transitional licence numbers under the new financial advice regime, revealing how many financial advice providers are operating in New Zealand. It follows the start of the new financial advice regime last month.

NYSE Group Consolidated Short Interest Report

Date 12/04/2021

NYSE today reported short interest as of the close of business on the settlement date of March 31, 2021.

Nasdaq Announces End-Of-Month Open Short Interest Positions In Nasdaq Stocks As Of Settlement Date March 31, 2021

Date 12/04/2021

At the end of the settlement date of March 31, 2021, short interest in 2,626 Nasdaq Global Market^SM securities totaled 8,451,076,714 shares compared with 8,163,912,977 shares in 2,610 Global Market issues reported for the prior settlement date of March 15, 2021. The end-of-March short interest represent 2.54 days average daily Nasdaq Global Market share volume for the reporting period, compared with 2.24 days for the prior reporting period.

FTSE Mondo Visione Exchanges Index Down 2.7 % In March, London Stock Exchange Group Down By 28.8% On Refinitiv Integration Fears, Index Down 0.5 % In Q1 2021, Up 35.3% Over 12 Months

Date 12/04/2021

The implosion of Archegos caused wide-spread chaos on markets amidst concerns on the potential contagion effect that the sell-off could have on global equity markets where sentiments have recently been dampened by surging bond yields.

Statement On The Staff ESG Risk Alert, SEC Commissioner Hester M. Peirce, April 12, 2021

Date 12/04/2021

On Friday, the SEC’s Division of Examinations published a risk alert, describing the areas on which the staff is focusing in examinations of registered investment advisers’ and funds’ ESG offerings. This alert comes as many financial firms are finding gold in the green—they are offering ESG products because it is lucrative to do so. Therefore, as I have noted previously, asset manager accountability in the ESG space is important. Firms claiming to be conducting ESG investing need to explain to investors what they mean by ESG and they need to do what they say they are doing. This same rule applies no matter what label an adviser puts on its products and services. I commend the staff for seeking, through this alert, to aid firms and their compliance officers in assessing their ESG claims and practices preemptively in their own organizations.

MIAX Exchange Group - Options & Equities Markets - Reg SCI / SIFMA BCP Testing on Saturday, October 23, 2021

Date 12/04/2021

Overview:

The MIAX Exchange Group will be participating in the 2021 SIFMA BCP Testing on Saturday, October 23, 2021.  All members that are required to test with MIAX Options, MIAX Pearl Options, MIAX Emerald Options and/or MIAX Pearl Equities Exchanges in accordance with Regulation Systems Compliance and Integrity (Regulation SCI) have been notified.  However, all members are encouraged to test. 

Ontario Securities Commission Study Finds Pandemic Has Significant Impact On Retail Investors

Date 12/04/2021

The Ontario Securities Commission (OSC) today released a new study that explores the impact of the pandemic on the behaviours and attitudes of retail investors. This study is part of the OSC’s ongoing efforts to monitor the impact of the pandemic on investors and markets.