News Centre

UAE Securities And Commodities Authority Embarks On A Project To Restructure The Legislative System For Broker Classification To Keep Pace With Global Practices And Enhance The Confidence Of Domestic And Foreign Investors

Date 09/07/2020

As part of its relentless efforts to enhance the role and functions of licensed companies and implement the integrated financial services company model, the Securities and Commodities Authority (SCA) made dramatic restructuring of the licenses it issues. This move is aimed at implementing the integrated financial brokerage institution model, which includes forex brokers.

Dalian Commodity Exchange: Solid Debut Of PP, PVC And LLDPE Options - Industrial Clients Actively Embrace The Synergy Of Options And Futures

Date 09/07/2020

On July 6, PP, PVC and LLDPE options are officially launched on the Dalian Commodity Exchange (DCE), which marks the first time that three options in the same industry are launched simultaneously. On the first listing day, the three options operate steadily on the whole, demonstrating sound functions of price discovery and risk mitigation, when the options market and the futures market of the same underlying commodities recorded sound correlation. All stakeholders in the market are looking forward to the prospect of options being used to improve the risk management system for chemical products and serve the development of the chemical industry.

COVID-19 Accelerates Shift To Digital Payments In APAC Region, Says GlobalData

Date 09/07/2020

COVID-19 has fast-tracked the transition to digital payments across the Asia-Pacific (APAC) region as consumers opt for the comfort and safety of digital channels rather than expose themselves to disease vectors such as cash, according to GlobalData, a leading data and analytics company.

Japan Financial Services Agency Information On COVID-19 (Novel Coronavirus)

Date 09/07/2020

* Update of the English website may take a little time. For the latest information, please refer to our Japanese website.

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ASIC Consults On Second Product Intervention Order To Stop Continuing Consumer Harm

Date 09/07/2020

ASIC has released Consultation Paper 330 (CP 330) on the proposed use of its product intervention power to address significant detriment it has identified in the continuing credit industry.

Nadex Refrains From Listing Certain Contracts

Date 08/07/2020

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 GBP/JPY 5-Minute Intraday Currency Binary contracts were listed for the 6:05pm expiration time on trade date June 24, 2020.

• No GBP/JPY or GBP/USD 5-Minute Intraday Currency Binary contracts were listed for the 6:05pm expiration time on trade date June 25, 2020.

• No AUD/USD 5-Minute Intraday Currency Binary contracts were listed for the 6:05pm expiration time on trade date June 29, 2020, but was relisted beginning at 6:10pm.  No EUR/JPY, USD/CAD, or GBP/JPY5-Minute Intraday Currency Binary contracts were listed beginning with the 6:05pm expiration time on trade date June 29, 2020.  No 5-Minute Intraday Currency Binary contracts were listed between 6:35pm and 7:15pm on trade date June 29, 2020.

• No GBP/JPY 5-Minute Intraday Currency Binary contracts were listed for the 6:05pm expiration time on trade dates June 30, 2020 and July 2, 2020.

CFTC Charges California And Colorado Residents In Ongoing Multimillion-Dollar Ponzi Scheme

Date 08/07/2020

The Commodity Futures Trading Commission today announced it has filed a civil enforcement action in the Eastern District of California charging a number of individuals and entities with operating a $14.5 million binary options and retail foreign currency (forex) Ponzi scheme. Charged in the complaint are California-based defendants John D. Black and his affiliated entities Financial Tree (d/b/a Financial Tree Trust), Financial Solution Group (d/b/a Financial Solution Group Trust), and New Money Advisors, LLC, and his associates Christopher Mancuso and Joseph Tufo. The complaint also charges Colorado-based defendants John P. Glenn and his law firm, The Law Firm of John Glenn, P.C. In addition, the complaint names seven relief defendants who received funds from the scheme to which they have no lawful entitlement.

TMX Group Equity Financing Statistics – June 2020 (Revised)

Date 08/07/2020

TMX Group today announced its financing activity on Toronto Stock Exchange and TSX Venture Exchange for June 2020.

CFTC Swaps Report Update

Date 08/07/2020

CFTC's Weekly Swaps Report has been updated, and is now available.

SEC Issues Agenda For July 16 Special Meeting Of The Asset Management Advisory Committee

Date 08/07/2020

The Securities and Exchange Commission today released the agenda for the virtual July 16 special meeting of the Asset Management Advisory Committee (AMAC). AMAC was formed to provide the Commission with a range of perspectives on asset management and related advice and recommendations.