News Centre

A Look Inside The Fed’s $1.307 Billion ETF Allocation – 7 iShares ETFs Account For 48% Of The Assets - By Deborah Fuhr, Managing Partner And Founder Of ETFGI

Date 30/05/2020

The Federal Reserve announced on March 23rd that it would purchase corporate bonds for the first time in its 107-year history.  The Federal Reserve Bank of New York announced that the Secondary Market Corporate Credit Facility (SMCCF) will begin purchases of exchange traded funds (ETFs) on May 12th. 

Nadex Temporarily Amends Binary Contracts Strike Width

Date 29/05/2020

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 26, 2020 as indicated in the Weekly Notice. 

BOX Exchange Fee Changes – June 2020

Date 29/05/2020

Effective June 1, 2020, BOX Exchange LLC (“BOX”) is making the following changes to the BOX Fee Schedule:

IMF Executive Board Approves FY 2021-FY 2023 Medium-Term Budget

Date 29/05/2020

On April 27, 2020, the Executive Board of the International Monetary Fund (IMF) approved the IMF’s administrative and capital budgets for financial year (FY) 2021, beginning May 1, 2020, and took note of indicative budgets for FY 2022–23.

CFTC Commitments Of Traders Update

Date 29/05/2020

The current reports for the week of May 26, 2020 are now available.

Canadian Securities Regulators: Temporary Relief From Certain Regulatory Filings Available To Registrants And Unregistered Capital Markets Participants Due To Covid-19

Date 29/05/2020

The securities regulatory authorities in Alberta, British Columbia, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Saskatchewan and Yukon (the participating jurisdictions) published temporary blanket relief for registrants and unregistered capital markets participants from certain financial statement and information delivery requirements, as a result of COVID-19. The conditions of the relief are substantially the same as the temporary relief announced on March 23 (prior relief), but the relief is only applicable to registrants and unregistered capital markets participants with filing deadlines in the periods described below.

Federal Reserve Board Releases Annual Determination Of Aggregate Consolidated Liabilities Of Financial Companies As Required By The Dodd-Frank Act

Date 29/05/2020

The Federal Reserve Board on Friday released its annual determination of the aggregate consolidated liabilities of financial companies as required by the Dodd-Frank Act. The act prohibits a financial company from combining with another company if the resulting company's liabilities would exceed 10 percent of the aggregate consolidated liabilities of all financial companies.

Canadian Securities Regulators Remind Issuers Of Importance Of Disclosure In Financial Reporting

Date 29/05/2020

Given the significant impacts that the COVID-19 pandemic continues to have on Canadian public companies, the Canadian Securities Administrators (CSA) is reminding reporting issuers of the importance of disclosing high quality financial information to investors.

IMF Executive Board Approves A US$732 Million Disbursement To Bangladesh To Address The COVID-19 Pandemic

Date 29/05/2020

• The IMF Executive Board approves the 60th request for emergency financial assistance to help its member countries address the challenges posed by COVID-19.
• Bangladesh’s economy has been severely impacted by the COVID-19 pandemic with weaker domestic demand and a sharp decline in exports and remittances.
• To address the urgent balance-of-payments and fiscal needs, the IMF approved US$ 732 million emergency assistance for Bangladesh under the Rapid Credit Facility and the Rapid Financing Instrument.
• The government has scaled up health and social protection expenditures to mitigate the pandemic’s impact on the population and adopted several stimulus measures to preserve economic activity.

S&P Dow Jones Indices Europe Dashboard

Date 29/05/2020

• The S&P Europe 350® bounced up 3% in May as its various contributing nations unlocked at differing speeds and plans were laid for a stimulus package funded by the euro area’s first joint debt. 
• Most countries and countries contributed positively, but Northern European equities, Information Technology stocks, and our Quality factor index performed particularly well. 
• Pan-European sovereign yields got closer together: German sovereign yields rose, while those in Italy, Spain and Greece fell.