News Centre

CFTC Commitments Of Traders Update

Date 22/05/2020

The current reports for the week of May 19, 2020 are now available.

BETTER FINANCE Urges To Put Employee Share Ownership At The Core Of Efforts To Tackle The Corona-Induced Financial Crisis

Date 22/05/2020

With the current crisis calling for a tightening of the link between employees and their companies, especially in the case of SMEs, BETTER FINANCE’s member organisation  EFES, the European Federation of Employee Share Ownership, launched a concrete proposal on how to co-opt Employee Share Ownership (ESO) to help fund companies under threat of bankruptcy from the pandemic and complement governments in their struggle against the fallout from the crisis.

Nigerian Stock Exchange Weekly Market Report For May 22nd 2020

Date 22/05/2020

A total turnover of 1.718 billion shares worth N18.849 billion in 26,367 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 926.418 million shares valued at N9.768 billion that exchanged hands last week in 20,910 deals.

SEC Charges Owner Of Film Distribution Company With Defrauding Publicly Traded Fund

Date 22/05/2020

The Securities and Exchange Commission today announced charges against William Sadleir, the owner of a film distribution company, for defrauding a publicly traded fund of at least $13.8 million. 

Britons Bemused By Bitcoin, Bitstocks Finds - Bitstocks Continues On Its Mission To Educate, As New Research Indicates Bitcoin Is Still Misunderstood

Date 22/05/2020

Bitstocks, an established UK-based Bitcoin market advisory and educational media house, has spent the last couple of weeks broadcasting bitcoin across the airwaves in an attempt to re-educate the UK about the utility of bitcoin and blockchain technology.

BIS - Dealing With Covid-19: Understanding The Policy Choices

Date 22/05/2020

Key takeaways

• Containment policies save lives but restrict economic activity. Standard approaches to accounting for the value of human lives lend support to these policies despite their high short-term economic costs.
• Integrated epidemic-macroeconomic models provide a coherent framework for quantifying the costs and benefits of containment policies. Part of the benefit comes from limiting externalities that would otherwise arise if social distancing were purely voluntary.
• Standard epidemiological and economic parameters suggest that several months of strict containment policies that lead to as much as a 30% decline in GDP for the period of the lockdown could be preferable to alternatives with more casualties and a less severe recession.

CFTC To Hold An Open Commission Meeting On May 28

Date 22/05/2020

Commodity Futures Trading Commission Chairman Heath P. Tarbert announced that the CFTC will hold an open meeting on Thursday, May 28, 2020 at 10:00 a.m. (EDT). The meeting will be held via conference call in accordance with the agency’s implementation of social distancing due to the COVID-19 (ve coronavirus) pandemic.

Bank For International Settlements (BIS) Appoints Bénédicte Nolens As Head Of The BIS Innovation Hub Hong Kong Centre

Date 22/05/2020

• Bénédicte Nolens appointed head of Hub Centre in Hong Kong SAR, starting 1 July 2020 for three years
• Ms Nolens will step into this leadership position from SC Ventures, the innovation, ventures and fintech investments arm of Standard Chartered Bank
• Ms Nolens' experience spans the public and private sectors, with a particular focus on fintech, innovation and regulation

• The Bank for International Settlements (BIS) today announced the appointment of Bénédicte Noella Nolens as head of the BIS Innovation Hub Centre in Hong Kong SAR for a three-year term from 1 July 2020.

EEX Group Response Public Consultation On The Review Of The MiFID II / MiFIR Regulatory Framework

Date 22/05/2020

EEX responded to the European Commission’s consultation on the review of the MiFID II / MiFIR regulatory framework.

BME: GAVARI PROPERTIES SOCIMI Receives Favourable Report From MAB

Date 22/05/2020

• It is the third company to join this BME market so far this year