News Centre

Joint BETTER FINANCE And CFA Institute Statement: EU Authorities Should Prioritise The Long Overdue Full PRIIPs Regulation Review, And The UCITS Funds’ Exemption Should Be Extended Until This Review Is Completed, As Intended By EU Law

Date 01/02/2021

The organisations representing individual, non-professional investors and financial analysts advise the European Commission, the European Supervisory Authorities (ESAs) and the EU co-legislators against further delaying the long overdue full Level 1 review of the regime on key information documents (KID) for Packaged Retail and Insurance-based Investment Products (PRIIPs).

SEC: Satyam Khanna Named Senior Policy Advisor For Climate And ESG

Date 01/02/2021

The Securities and Exchange Commission announced today that Satyam Khanna will serve as Senior Policy Advisor for Climate and ESG in the office of Acting Chair Allison Herren Lee. In this new role, Mr. Khanna will advise the agency on environmental, social, and governance matters and advance related new initiatives across its offices and divisions.

Cboe Options Exchange To List Mini-Russell 2000 Index Options (MRUT) Beginning March 1

Date 01/02/2021

• Smaller contract at one-tenth the size of standard Russell 2000 Index options
• Designed to provide greater flexibility and precision for U.S. small-cap equity trading strategies
• An alternative to comparable ETF options providing exposure to U.S. small-cap equities
• Cash-settled (no unwanted delivery of physical shares) and European-style (no early exercise)
• MRUT Weeklys include Monday, Wednesday and Friday expiries

SEC: John Coates Named Acting Director Of The Division Of Corporation Finance

Date 01/02/2021

The Securities and Exchange Commission announced today that John Coates will serve as Acting Director of the agency’s Division of Corporation Finance. 

CFTC Charges Swaps Trader With Manipulation, Attempted Manipulation, And Making False Statements

Date 01/02/2021

The Commodity Futures Trading Commission today filed a civil enforcement action in the U.S. District Court for the Southern District of New York against John Patrick Gorman III, a swaps trader at a global investment bank, charging him with engaging in a scheme to deceive and to manipulate the price of an interest rate swap between a bond issuer and the bank. Additionally, Gorman is charged with making materially false statements to the CFTC in the course of the investigation.

EACH Publishes Its New Paper: "Climate Risk And CCP Risk Management"

Date 01/02/2021

Today, the European Association of CCP Clearing Houses (EACH) publishes its paper on "Climate Risk and CCP Risk Management". In line with their objective of contributing to financial stability, CCPs aim to limit several types of risks, such as credit, market and liquidity risks. Climate risk is now, more than ever an element for CCPs to take into account, as this will enable to CCPs to appropriately adapt their risk management to what is a growing category of risk.

Moscow Exchange: Risk Parameters Change On Derivatives Market And FX And Precious Metals Market

Date 01/02/2021

CCP NCC is changing risk parameters for silver:

1. on Derivatives market starting from 2:00 p.m. on February 2, 2021:

Robinhood Raises $3.4 Billion To Fuel Record Customer Growth - Round Led By Ribbit Capital With Participation From Existing Investors Including ICONIQ Capital, Andreessen Horowitz, Sequoia, Index Ventures, And NEA

Date 01/02/2021

Robinhood has raised $3.4 billion to continue to invest in record customer growth, including $1 billion in funding announced on January 29. This funding is a strong sign of confidence from investors and will help us build for the future and continue to serve people through the exponential growth we’ve seen this year. 

SIX Trading Key Figures: January 2021

Date 01/02/2021

In January 2021 trading turnover on the Swiss Stock Exchange was up 7.6% compared to the previous month and reached CHF 128.4 billion, while the number of transactions increased by 11.6% to a total of 7,219,992. In comparison with January 2020, trading turnover was up by 0.2% while the number of trades rose by 17.4%. The SMI® fell by 1.1% and reached 10,591.1 points at the end of January.

Readout: US Secretary Of The Treasury Janet L. Yellen’s Call With Deputy Prime Minister And Finance Minister Taro Aso Of Japan

Date 01/02/2021

Earlier today, Secretary of the Treasury Janet L. Yellen spoke with Deputy Prime Minister and Finance Minister Taro Aso of Japan. Secretary Yellen underscored the importance of the U.S.-Japan alliance and conveyed her intention to deepen economic and financial cooperation with Japan to strengthen both economies. The Secretary conveyed her readiness to work closely with Japan, both bilaterally and multilaterally, to address key regional and global challenges such as the economic response to the COVID-19 pandemic and climate change.