News Centre

Nasdaq Dubai Welcomes Listing Of USD One Billion Sukuk By Dubai Islamic Bank

Date 16/06/2020

• Capital raised underpins DIB’s measures to support customers in challenging market conditions
• Listing underlines Dubai’s attractiveness as a leading global centre for Sukuk with USD 66.3 billion total listed value

India Factoring Goes Live On MonetaGo’s Blockchain-Based Solution To Prevent Invoice Fraud

Date 16/06/2020

India Factoring and Finance Solutions, one of the few non-bank finance factoring companies in India, has gone live with MonetaGo’s blockchain-based invoice fraud prevention solution. Headquartered in New York, MonetaGo’s solution allows India Factoring and Finance Solutions to prevent duplicate financing of invoices and helps with the authenticity of invoices and eWay Bills submitted for financing.

Huatai Futures And Trading Technologies Partner To Provide Connectivity To Chinese Derivatives Markets Via The TT® Platform

Date 16/06/2020

Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, and Huatai Futures, the subsidiary of Huatai Securities Co. Ltd, headquartered in Guang Zhou, Guang Dong Province, China, today announced they have contracted to provide connectivity to the Chinese international derivatives markets through the TT platform.

Confirmation Of June 30 Compliance Date For Regulation Best Interest And Form CRS, SEC Chairman Jay Clayton, June 15, 2020 - New Website Page For Main Street Investors - Need For Increased Care When Recommending 401(k)/IRA Rollovers And Withdrawals, Complex Or Risky Products, COVID-Related Investments And SPACs

Date 16/06/2020

Background—Confirmation of June 30 Compliance Date

In June 2019, the Commission adopted Regulation Best Interest (“Reg BI”) and Form CRS to enhance significantly the quality and transparency of relationships between broker-dealers and investment advisers (together, “firms”) and retail investors. The compliance date for Reg BI and Form CRS is June 30, 2020.

CME Group Inc. Announces Second-Quarter 2020 Earnings Release, Conference Call

Date 16/06/2020

CME Group Inc. will announce earnings for the second quarter of 2020 before the markets open on Wednesday, July 29, 2020. Written highlights for the quarter will be posted on the company's website at 6:00 a.m. Central Time, the same time it provides its earnings press release. The company will hold an investor conference call that day at 7:30 a.m. Central Time, at which time company executives will take analysts' questions. 

NYSE Trading Floor Opens To Designated Market Makers On Wednesday, June 17, 2020

Date 15/06/2020

On Wednesday, June 17 2020, NYSE will begin the second phase of its Trading Floor reopening with the reintroduction of a subset of Designated Market Makers (DMM). Each DMM unit may choose to return a limited number of staff to conduct manual trading, including the opening and closing auctions, in the DMM unit’s assigned securities. DMMs will be precluded from accepting verbal bids and offers during this phase of the reopening.

Statement On The Tenure Of Andrew Olmem, SEC Chairman Jay Clayton, June 15, 2020

Date 15/06/2020

It has been my pleasure to work with Andrew, including in connection with the President’s Working Group on Financial Markets. His calm, thoughtful demeanor, coupled with his deep knowledge of global capital markets and banking systems, has been invaluable to our inter-agency efforts to protect and improve the financial system.

Trading Of Complex Orders On MIAX Options

Date 15/06/2020

For information on the maximum number of complex order components per order, maximum number of complex strategies and the maximum number of legs automatically executable against the simple order book for the individual legs of a Complex Order please refer to MIAX Options Regulatory Circular 2020-30.

Federal Reserve Board Announces It Will Be Seeking Public Feedback On Proposal To Expand Its Main Street Lending Program To Provide Access To Credit For Nonprofit Organizations

Date 15/06/2020

The Federal Reserve Board on Monday announced it will be seeking public feedback on a proposal to expand its Main Street Lending Program to provide access to credit for nonprofit organizations. As with the existing Main Street Lending Program, which targets small and medium-sized businesses, the proposed expansion would offer loans to small and medium-sized nonprofits that were in sound financial condition before the coronavirus pandemic and could benefit from additional liquidity to manage through this challenging period.

British Columbia Securities Commission: New Video To Raise Awareness About World Elder Abuse Awareness Day In Light Of COVID-19

Date 15/06/2020

The British Columbia Securities Commission (BCSC) and B.C.’s Office of the Seniors Advocate (OSA) are teaming up to highlight the importance of World Elder Abuse Awareness Day (WEAAD) amidst the COVID-19 pandemic.