News Centre

US Justice Department Brings Enforcement Action Against CenturyLink - In Significant Action, CenturyLink Agrees To Extend Term, Appoint Independent Monitor, And Reimburse Taxpayers For The Costs And Fees Of The Violations

Date 14/08/2020

The Department of Justice announced today that CenturyLink, Inc. has agreed to settle allegations that CenturyLink violated the court-ordered Final Judgment designed to prevent anticompetitive effects arising from its acquisition of Level 3 Communications, Inc. 

CFTC Commitments Of Traders Update

Date 14/08/2020

The current reports for the week of August 11, 2020 are now available.

Cboe Global Markets Announces Election Of Jennifer McPeek To Board Of Directors

Date 14/08/2020

Cboe Global Markets, Inc. (Cboe: CBOE), one of the world's largest exchange holding companies, today announced its Board of Directors elected Jennifer McPeek, former Chief Financial Officer of Russell Investments and Janus Capital Group, as a new member to its Board of Directors.   

Nigerian Stock Exchange Weekly Market Report For August 14th 2020

Date 14/08/2020

A total turnover of 1.327 billion shares worth N13.934 billion in 19,392 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 1.065 billion shares valued at N10.798 billion that exchanged hands last week in 20,482 deals.

EBA Makes Available Online Tools To Submit Answers To Its Study Of Cost Of Compliance With Supervisory Reporting

Date 14/08/2020

Following the launch of the industry questionnaire to support its work on optimising supervisory reporting requirements and reducing reporting costs for institutions, the European Banking Authority (EBA) has made available online tools to allow all stakeholders to submit their responses.

BIS: Bonds And Syndicated Loans During The Covid-19 Crisis: Decoupled Again?

Date 14/08/2020

Key takeaways

• Borrowing by non-financial firms in global debt markets surged following the Covid-19 shock. Bond issuance boomed, while syndicated loan originations trailed.
• Led by easier access to bond markets, large firms significantly increased their borrowing. The rest of the firms faced bottlenecks due to their reliance on a strained syndicated loan market and hurdles in switching to bond markets.
• Large firms, which had lower cash buffers pre-crisis than smaller firms, used part of the fresh credit to raise their buffers in addition to meeting liquidity shortfalls.

EBA Updates Its Work Programme For 2020 In Light Of The COVID-19 Pandemic

Date 14/08/2020

The European Banking Authority (EBA) published today its updated annual work programme for 2020 to reflect all the changes brought in by the COVID-19 pandemic to its activities.

ACER: New REMIT Quarterly Just Published

Date 14/08/2020

The 21st edition of the Agency’s REMIT Quarterly has been published on the REMIT Portal. Covering the second quarter of 2020, this edition provides an update on the Agency’s work and progress on data quality, and summarises the recent assessments of the completeness of REMIT data based on reported volumes.

MIAX Options - New Related Futures Cross (RFC) Order Type

Date 14/08/2020

MIAX Options will implement a new Related Futures Cross (“RFC”) order type.

UK Financial Conduct Authority: High Court Orders Illegal Pension Introducers Avacade, Alexandra Associates And Their Directors To Pay £10,715,000 Restitution To Consumers

Date 14/08/2020

The two companies and three individuals must pay restitution to members of the public who were induced to transfer their pensions into self-invested personal pensions (SIPPs).