News Centre

Nadex Temporarily Amends Binary Contracts Strike Width

Date 30/10/2020

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 October 26, 2020 as indicated in the Weekly Notice. 

CFTC Commitments Of Traders Update

Date 30/10/2020

The current reports for the week of October 27, 2020 are now available.

Nadex Refrains From Listing Certain Contracts

Date 30/10/2020

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 EUR/JPY, GBP/JPY, or GBP/USD 5-Minute contracts were listed for the 6:05pm through 6:15pm ET expiration times on trade date October 27, 2020;

• No GBP/JPY or GBP/USD 5-Minute contracts were listed for the 6:05pm ET expiration time on trade date October 29, 2020;

• No GBP/JPY or GBP/USD 5-Minute contracts were listed for the 6:05pm or 6:10pm ET expiration times on trade date October 30, 2020.

Corrected: Smile Curve Changes As Securities Value Chain Evolves, By Kelvin To, Founder And President Of Data Boiler Technologies

Date 30/10/2020

Smile curve is a graphical depiction of an industry’s value chain. The beginning (the rarely found strategies/ engineering skills/ intellectual properties) and the tail-end (multi-facets fulfillment/ services/ user experience) are supposed to command the highest values-added than the middle part (assembly/ matching/ intermediate). A healthy industry should have the curve in a U-shape (i.e. respective constituents are able to earn profits in accordance to values they contributed). Unfortunately, our capital markets’ smile curve has turned into a frown, an upside down U-Shape.

Moscow Exchange: Risk Parameters Change For The Security FB-RM

Date 30/10/2020

As per the Securities market risk parameters methodology, on 30.10.2020, 22-06 (MSK) the lower bound of the price band (up to 19371) and initial margins (up to 21.25 %) for the security FB-RM were changed. New values are available here

Update On Oslo Cash And Derivatives Markets Migration

Date 30/10/2020

In preparation for the migration of Oslo Cash and Derivatives markets to the Optiq IT trading platform, Euronext is currently performing  full end to end testing with its clients and clearing counterparts. The dress rehearsal will proceed this week-end as planned. Some clients have indicated to us the need to perform further changes in their systems to get prepared for the upcoming migration (initially planned on 9 November). Furthermore, for operational risk reasons some clients have expressed a preference to postpone these potential changes until after the US presidential elections.

BIS: FX Execution Algorithms Contribute To Market Functioning But Bring New Challenges

Date 30/10/2020

• Execution algorithms (EAs) - designed to buy or sell foreign exchange according to a set of user instructions - have contributed positively to FX market functioning.
• As EAs change the way market participants access the FX market and how trades are executed, they also give rise to new challenges.
• Central banks and market participants must have access to the necessary data, skills and tools to allow them to assess the opportunities and risks of evolving markets.

EBA: Consultation Paper On Draft Guidelines On Sound Remuneration Policies Under Directive 2013/36/EU (EBA/CP/2020/24)

Date 30/10/2020

The European Banking Authority (EBA) launched today a public consultation on revised Guidelines on sound remuneration policies.  This review takes into account the amendments introduced by the fifth Capital Requirements Directive (CRD V) in relation to institutions’ sound remuneration policies and in particular the requirement that those remuneration policies should be gender neutral. The consultation runs until 29 January

FIA Announces Fintech Startups Chosen For Sixth Annual Innovators Pavilion

Date 30/10/2020

FIA today announced that nine companies have been chosen to exhibit in the FIA Innovators Pavilion at the 36th Annual Futures and Options Expo, which will take place in a virtual online environment on November 10-12. 

Nigerian Stock Exchange Weekly Market Report For October 30th 2020

Date 30/10/2020

It was a four-day trading week as the Federal Government of Nigeria declared Thursday, 29th October as a public holiday to commemorate Eid-el-Maulud.