News Centre

Shenzhen Stock Exchange Advances The Pilot Project For Publicly Offered REITs With All-Out Efforts

Date 08/05/2020

On April 30, China Securities Regulatory Commission (CSRC) and National Development and Reform Commission (NDRC) jointly issued the Notice on Work in Relation to Advancing the Pilot Project for Infrastructure Real Estate Investment Trusts (the "Notice"), expressly requiring the advancement of trials for the real estate investment trusts ("REITs") in the field of infrastructure. According to the unified arrangements of CSRC and NDRC, Shenzhen Stock Exchange (SZSE) will conscientiously implement the tasks and requirements set forth in the Notice, set up a special task force and refine relevant rules and arrangements. Meanwhile, it will establish and refine the working mechanisms of acceptance, review, information disclosure and continuous regulation, do well in investor education and market cultivation and steadily put forward the trials of publicly offered infrastructure REITs in a down-to-earth manner.

ISDA And AFME Joint Response To EC On Consultations On Low Carbon Benchmark DAs

Date 07/05/2020

On May 6, 2020, ISDA and the Association for Financial Markets in Europe (AFME) submitted a joint response to the European Commission’s consultations on the three draft Delegated Acts (DAs), for the purpose of specifying requirements under the Low Carbon Benchmarks Regulation.

Fiserv Reports First Quarter 2020 Results

Date 07/05/2020

• GAAP revenue growth of 151% and internal revenue growth of 4%;
• GAAP EPS increase of 2% and adjusted EPS increase of 16%;
• Company withdraws full year financial outlook due to economic uncertainties associated with COVID-19

U.S. Department Of The Treasury Financial Stability Oversight Council Update

Date 07/05/2020

On Thursday, May 14, Secretary Steven T. Mnuchin will preside over an executive meeting of the Financial Stability Oversight Council (Council) via telephone.  The preliminary agenda includes an update from the Council’s Task Force on Nonbank Mortgage Liquidity and an update on market developments related to COVID-19.*

SEC Investor Advisory Committee To Meet Virtually On May 21

Date 07/05/2020

The Securities and Exchange Commission's Investor Advisory Committee will hold a public meeting on May 21, 2020 by remote means.  The meeting will begin at 10 a.m. ET, is open to the public via live webcast, and will be archived on the committee's website for later viewing.

Fiserv Announces CEO Succession Plan - Frank Bisignano To Become Chief Executive Officer Effective July 1 - Jeffery Yabuki To Serve As Executive Chairman Through End Of Year

Date 07/05/2020

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, today announced that its Board of Directors has unanimously elected Frank Bisignano to succeed Jeffery Yabuki as Chief Executive Officer as of July 1. Yabuki will step down following a distinguished 15-year career with the company. To ensure a seamless transition, Yabuki, Chairman of the Fiserv Board, will continue to serve as Executive Chairman for the remainder of 2020.

Nadex Temporarily Amends Binary Contracts Strike Width

Date 07/05/2020

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 May 4, 2020 as indicated in the Weekly Notice. 

CryptoCompare Analysis - Searches For “Bitcoin Halving” Hit Unprecedented Levels

Date 07/05/2020

As Bitcoin has surged in price over the past two weeks, Google searches for “Bitcoin halving” have surged in tandem, dwarfing numbers from the previous halvings. The chart below shows just how much search interest has increased compared to the spike around the last halving in July 2016.

Two New Directors Join ISDA Board

Date 07/05/2020

ISDA today announced that two new directors have joined its Board of Directors.

The new directors are:

• Tina Hasenpusch, Managing Director, Global Head of Clearing House Operations, CME Group
• Taihei Okabe, Managing Director, Head of Derivatives Trading, Mizuho Securities Co., Ltd.

CFTC Files Charges In $20 Million International Binary Options And Digital Asset Fraud Scheme

Date 07/05/2020

The Commodity Futures Trading Commission today announced the filing of a multi-million dollar fraud action in the U.S. District Court for the Southern District of Florida, charging three individuals and three companies with fraudulently soliciting tens of millions of customers and prospective customers to open and fund off-exchange binary options and digital asset trading accounts. These accounts traded foreign exchange currency pairs, metals, and digital assets through websites operated by unregistered binary options and digital asset brokers.