News Centre

ACER - REMIT Breach: Rock Trading World S.A. Fined For Manipulating The Spanish Gas Market

Date 23/04/2021

The Spanish National Commission of Markets and Competition (CNMC) published today a decision in which it holds that the company Rock Trading World, S.A. (‘Rock Trading World’) manipulated the Spanish gas wholesale market between 3 and 7 November 2018, breaching the EU Regulation on Wholesale Energy Market Integrity and Transparency (REMIT). CNMC has imposed payments amounting to € 60,000.

Moscow Exchange: Risk Parameters Change For The Security RU000A0JW6P7

Date 23/04/2021

As per the Securities market risk parameters methodology, on 23.04.2021, 11-38 (MSK) the upper bound of the price band (up to 122.74) and initial margins (up to 12.5 %) for the security RU000A0JW6P7 were changed. New values are available here

Tokyo Stock Exchange, Osaka Exchange And Tokyo Commodity Exchange: Trading To Continue After The State Of Emergency Declaration

Date 23/04/2021

The government of Japan announced today that it will declare a state of emergency effective from April 25 over the spread of Covid-19. However, trading for all of the markets on the Tokyo Stock Exchange, Osaka Exchange and Tokyo Commodity Exchange   will continue as usual on April 26.

SGX RegCo, NUS Business School, KPMG In Singapore Study Shows ESG, Particularly Climate, Important In Key Financial Institutions’ Asset Allocation, Lending And Underwriting

Date 23/04/2021

• Escalating stakeholder expectations, government and tax incentives are top drivers pushing the sustainability agenda in the financial services sector

Nadex Temporarily Amends Binary Contracts Strike Width

Date 23/04/2021

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and Section 40.6(d) of the regulations promulgated by the Commodity Futures Trading Commission (the “Commission”) under the Act (the “Regulations”), North American Derivatives Exchange, Inc. (“Nadex”, the “Exchange”) hereby provides notice that due to increased volatility in the underlying markets upon which the Nadex contracts are based, Nadex made changes to the strike widths of various contracts during the week of April 19, 2021 as indicated in the Weekly Notice. 

ASIC To Extend Deadlines For 30 June 2021 Financial Reports And Amends ‘No Action’ Position For AGMs

Date 23/04/2021

ASIC will extend the deadline for both listed and unlisted entities to lodge financial reports (under Chapters 2M and 7 of the Corporations Act 2001) by one month for balance dates from 23 June to 7 July 2021 (inclusive).

Nadex Refrains From Listing Certain Contracts

Date 23/04/2021

Due to activity in the underlying markets upon which the Nadex contracts are based and pursuant to the authority granted in Nadex Rule 12.1(i), Nadex took the following actions: 

• No 5-Minute contracts were listed on trade date April 19, 2021 at the open of the Exchange at 6:00pm ET through 7:15pm ET; 5-Minute contracts were listed beginning with the 7:20pm ET expiration time;

TMX Group Announces Support Of Amended Shareholder Proposal

Date 22/04/2021

TMX Group today announced that, following discussions with SHARE as a representative of the Atkinson Foundation, it has agreed to support the Atkinson Foundation's amended shareholder proposal (the "Amended Proposal"), to be considered at TMX Group's Annual and Special Meeting of Shareholders on May 12, 2021 (the "Meeting").

ISDA derivatiViews: No Delay For US Dollar LIBOR

Date 22/04/2021

It’s tempting to look at the June 30, 2023 date set for the death of most US dollar LIBOR settings and see it as an 18-month delay. That is not the case. In fact, firms need to prepare to use alternative reference rates for most new trades from the start of next year, irrespective of which LIBOR they use.

SIFMA Statement On Reintroduction Of The American Infrastructure Bonds Act

Date 22/04/2021

SIFMA today released the following statement from president and CEO Kenneth E. Bentsen, Jr. on the reintroduction of the “American Infrastructure Bonds Act”: