News Centre

Financial Recovery Technologies Hires Head Of West Coast Sales

Date 18/05/2020

Financial Recovery Technologies (“FRT”), the leading provider of securities class action recovery services to institutional investors, has named Ayesha Boulware as Head of North America West Coast Sales. She joins FRT after having spent 23 years across various roles in client services, business development and electronic sales and trading. Most recently, Boulware managed ITG’s West Coast region. She has worked at Bloomberg, Portware and oversaw technology for multi asset trading desks at Merrill Lynch and Credit Suisse. She will be based out of San Francisco and report to Brandt Elliott, VP of North American Sales.

IMF Executive Board Approves A US$375 Million Disbursement To The Republic Of Uzbekistan To Address The Impact Of The COVID-19 Crisis

Date 18/05/2020

• The IMF Executive Board approved the disbursement of US$375 million under the Rapid Credit Facility and Rapid Financing Instrument to support Uzbekistan’s response to the COVID-19 pandemic.
• The COVID-19 pandemic is significantly impacting Uzbekistan’s economy, reducing growth, and creating additional external and fiscal financing needs
• Over the medium-term, fiscal and monetary policies are expected to maintain Uzbekistan’s fiscal and external sustainability and Uzbekistan is committed to continuing economic and structural reforms.

Coronavirus And CARES Act, Testimony By Federal Reserve Chair Jerome H. Powell Before The Committee On Banking, Housing, And Urban Affairs, U.S. Senate, Washington, D.C.

Date 18/05/2020

Chairman Crapo, Ranking Member Brown, and other members of the Committee, thank you for the opportunity to discuss the extraordinary steps the Federal Reserve has taken to address the challenges we are facing.

MIAX Options Exchange - SPIKES Special Settlement Auction Settlement Reference Price Opening Width And Valid And Priority Quote Width Tables Used In The May 20, 2020 SPIKES Special Settlement Auction

Date 18/05/2020

Due to sustained market volatility, MIAX Options will continue to use the Settlement Reference Price Opening Width and Valid and Priority Quote Width tables detailed in MIAX Regulatory Circular 2020-11 for opening the SPY June 19, 2020 options used in the May 20, 2020 SPIKES Special Settlement Auction.

Nodal Exchange Named Exchange Of The Year By Energy Risk

Date 18/05/2020

Nodal Exchange has been named 2020 Exchange of the Year for the second year in a row by Energy Risk magazine. Energy Risk Awards recognize excellence across global energy and commodities markets.

B3: New Market Maker Program Single Stock And Units Futures

Date 18/05/2020

As of May 18, 2020 a new Market Maker program for the 12 available Single Stock and Units Futures contracts comes into effect. The new initiatives aim to continue developing and promoting this product in the market.

BSX Featured In Nasdaq News On Navigating Covid-19

Date 18/05/2020

Nasdaq, released an on-line article titled “Markets Work: How Bermuda Stock Exchange Is Navigating COVID-19”.  

CFTC Charges Danish Man In $1.5 Million Forex Fraud Scheme

Date 18/05/2020

The Commodity Futures Trading Commission today announced the filing of an enforcement action in the U.S. District Court for the Southern District of New York, charging defendant Casper Mikkelsen, a/k/a “Carsten Nielsen,” a/k/a “Brian Thomson,” a/k/a “Thomas Jensen,” a/k/a Casper Muller,” a resident of Denmark, with engaging in a $1.5 million foreign currency (forex) fraud scheme and registration violations.

IMF Executive Board Concludes Second Review Under Armenia’s Stand-By Arrangement And Augments Access To Address The Impact Of COVID-19

Date 18/05/2020

• The IMF Executive Board decision allows an immediate release of US$280 million for Armenia.
• The augmentation of access will help the authorities contain short-term risks and will provide resources to meet the urgent human and economic implications of COVID-19 pandemic.
• To preserve macroeconomic stability, the authorities’ have taken a number of measures to mitigate the near-term impact of COVID-19 and remain committed to continued economic reform aimed at lifting inclusive and resilient growth and safeguarding social spending.

MIAX Exchange Group - Holiday Schedule - Memorial Day 2020

Date 18/05/2020

Please be advised that the MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange will be closed on Monday, May 25, 2020 in observance of Memorial Day.