News Centre

Taiwan Futures Exchange Newsletter - October 2020

Date 15/10/2020

Fueled by a strong growth of 60.5% year-on-year (YoY) in September, TAIFEX broke another historical record with total volume of 261,228,026 contracts in the first three quarters of 2020. Led by the tripling of monthly trading of Mini-TAIEX Futures (MTX) to 5,503,622 contracts, TAIFEX core products – MTX, TAIEX Futures (TX) and TAIEX Options (TXO) - marked substantial increase of trading activity in the month with growths of 196.7%, 74.7% and 42.9% YoY, respectively. With continued interests in trading in Taiwan’s futures market, TAIFEX is anticipated to hit a new all-time high by the end of the year.

Bursa Malaysia Successfully Conducts It’s First Virtual Listing Ceremony To Offer More Flexibilities For Issuers

Date 15/10/2020

Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange) welcomed it’s newest listing on the ACE Market via a virtual listing ceremony. This is Bursa Malaysia’s first-ever virtual listing ceremony, a new offering by the Exchange arising from the reinstatement of the Conditional Movement Control Order (“CMCO”) in Selangor, Kuala Lumpur and Putrajaya.

NZX Global Futures And Options Expiry Calendars

Date 15/10/2020

Please find attached:

• NZX Global WMP, SMP, AMF and BTR Futures Expiry Calendars: (Effective 21 October 2020)  
• NZX Global WMP Options Expiry Calendar: (Effective 21 October 2020) 
• NZX Global SMP Options Expiry Calendar: (Effective 21 October 2020) 
• NZX MKP Futures and Options Calendar: (unchanged)

ISDA, AFME Respond To ECB Guide On Climate And Environmental Risks

Date 14/10/2020

ISDA and the Association for Financial Markets in Europe (AFME) have submitted a joint response to the European Central Bank (ECB) Guide on Climate and Environmental Risks. For the second year in a row, the ECB has identified climate-related and environmental risks as a key risk driver in the Single Supervisory Mechanism Risk Map for the euro area banking system. This four-month consultation on the ECB Guide to climate-related and environmental risks details how such risks should be managed by banks. As part of a supervisory dialogue in 2021 based on end-2020, significant institutions will be asked to inform the ECB of any divergences of their practices from the supervisory expectations described in the document. Where needed, significant institutions will be expected to promptly start adapting their practices. The industry sets out its general comments submitted as part of the consultation response.

AMERIBOR® Benchmark Interest Rate Reaffirmed To Meet IOSCO Principles For Financial Benchmarks

Date 14/10/2020

American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing for American banks and financial institutions, announced today that the AFX’s American Interbank Offering Rate (AMERIBOR®) has been independently reviewed as of June 30, 2020 and has been reaffirmed to meet all nineteen (19) principles set forth by the International Organization of Securities Commission (IOSCO) for Financial Benchmarks.

Bolsa de Valores de Colombia, Lima Stock Exchange, Santiago Stock Exchange: Regional Exchanges Integration Process

Date 14/10/2020

Bolsa de Valores de Colombia – bvc (ticker BVC:CB) in the context of the process carried out together with the Stock Exchanges of Lima (BVL) and Santiago (BCS), which is aimed to an eventual integration of Stock Exchanges’ infrastructures and/or services, informs that in the Board of Directors meeting held on October 14th, the report presented by the independent consultant hired by the three entities was analyzed, which purpose is the study and analysis of the technical feasibility and potential paths that would allow to move forward in the abovementioned process. The report was also presented to the Board of Directors of BVL and BCS held on 28 September 2020.

CFTC Swaps Report Update

Date 14/10/2020

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

New York Department Of Financial Services Calls For Regulation Of Social Media Giants After Twitter Hack Investigation - Report By Department Finds Twitter Lacked Adequate Cybersecurity Protections As Regulated Cryptocurrency Companies Acted Swiftly To Combat Impact Of Hack

Date 14/10/2020

The New York State Department of Financial Services (DFS) today released a report on the Department’s investigation into the July 15, 2020 hack into the Twitter accounts of cryptocurrency firms and well-known public figures, following Governor Andrew M. Cuomo’s request to investigate the matter.  Among DFS’ findings: the global social media platform lacked adequate cybersecurity protections and, at the time of the attack, did not have a chief information security officer. The report recommends a new cybersecurity  regulatory framework for giant social media companies. 

U.S. Department Of Justice: J&F Investimentos S.A. Pleads Guilty And Agrees To Pay Over $256 Million To Resolve Criminal Foreign Bribery Case

Date 14/10/2020

J&F Investimentos S.A. (J&F), a Brazil-based investment company that owns and controls companies involved in multiple industries, including the meat and agriculture industry, has agreed to pay a criminal monetary penalty of $256,497,026 to resolve the department’s investigation into violations of the Foreign Corrupt Practices Act (FCPA).  The resolution arises out of J&F’s scheme to pay millions of dollars in bribes to government officials in Brazil in exchange for obtaining financing and other benefits for J&F and J&F-owned entities.

Remarks At The Hoover Institution, Federal Reserve Vice Chair For Supervision Randal K. Quarles, At The Hoover Institution, Stanford, California, Via Webcast

Date 14/10/2020

I want to thank John Taylor and the Hoover Institution for inviting me to speak today. I will start with some brief remarks about the current economic situation and monetary policy and then turn to the actions that the Federal Reserve has taken this year to help ensure that the banking system remains a source of strength during the recovery from the COVID event, the term I use for the complex set of responses in both the private and public sectors to the outbreak of COVID-19. I will close with some thoughts on nonbank financial institutions and international coordination.