Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

News Centre

  • Major Financial Institutions Increase Trading Technology Performance - Deploying Latest Low-Latency FIX Engine From Chronicle Software

    Date 17/09/2020

    Two tier-one capital markets organisations have upgraded their trading platform performance, choosing the latest trading software provided by Chronicle Software (Chronicle), a specialist provider of low-latency technology solutions for the financial services industry.

  • CCP12 Welcomes Saudi Arabia's Securities Clearing Center Company (Muqassa) As Primary Member

    Date 17/09/2020

    CCP12 - The Global Association of Central Counterparties – welcomes Securities Clearing Center Company (Muqassa) as Primary Member.

  • AIX Launches Public Marketplace In The Cloud - AIX Taps AWS For Hosting The Nasdaq Matching Engine Powering Its Exchange

    Date 17/09/2020

    Astana International Exchange (“AIX”, “Exchange”) today announced that it has successfully gone live with Nasdaq’s matching engine deployed in Amazon Web Services’ (AWS) cloud. This transition enables AIX to enhance the performance of its trading services while delivering agility and scalability to its investor community. The technology upgrade provides AIX with standardized and unified operations, messaging and data infrastructure, which gives AIX flexibility to launch new products and services faster and more cost-efficiently for its securities market.

  • ASIC Notes Reporting Changes

    Date 17/09/2020

    ASIC notes the decisions by the following companies:

    • Nitro Software Limited – The decision to reduce both its contract assets and deferred revenue balances relating to client software subscriptions by $14.7 million in its financial report for the half-year ended 30 June 2020. ASIC had raised concerns on the recognition of the equal and offsetting contract assets and deferred revenue from the inception of multi-year subscription contracts at 31 December 2019.
    • Kresta Holdings Limited – The decision to reduce the gain recognised on a sale and leaseback transaction by $997,000 in its financial report for the half-year ended 30 June 2020. ASIC had raised concerns on the amount of the gain on the sale and leaseback of a property under a new standard on lease accounting in the financial report for the year ended 31 December 2019.
    • Elixinol Global Limited – The decision to impair goodwill, inventories and other assets by $60 million in its financial report for the half-year ended 30 June 2020. ASIC had raised concerns about the reasonableness and supportability of free cash flow forecasts used in assessing goodwill for impairment at 31 December 2019 having regard to historical performance and market conditions. 
    • LawFinance Limited – The decisions to reclassify $41.6 million of liabilities from non-current to current and to restate comparative information to recognise $19.6 million of fair value gains on liabilities in the following period in its financial report for the half-year ended 30 June 2020. ASIC had raised concerns on the classification of liabilities and recognition of fair value gains on liabilities in the financial report for the year ended 31 December 2019.

  • Statement On Commission Action To Enhance Investor Protections In The OTC Market, SEC Chairman Jay Clayton, Sept. 16, 2020

    Date 16/09/2020

    Technology has driven many efficiencies in our markets.  Technology can also enhance investor protection.  Today, we recognize that, as a result of technological change, information can and should be made available to over-the-counter (“OTC”) market investors in a more timely manner.