News Centre

BOX Exchange Fee Change – May 2020

Date 28/04/2020

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

Qualified Contingent Cross (“QCC”) Transactions

BOX is decreasing the QCC Fees for Professional Customers from $0.17 to $0.00.

Statement By SEC Chairman Jay Clayton On The Tenure Of CFTC Commissioner Brian Quintenz

Date 28/04/2020

Chairman Jay Clayton released the following statement in response to CFTC Commissioner Brian Quintenz’s announcement regarding his future plans:

"Today, CFTC Commissioner Brian Quintenz announced his plans following the expiration of his statutory term as Commissioner. Brian and I have worked closely and productively over the past three years. His efforts to harmonize and bring coherence to CFTC and SEC regulations, particularly in standing up the Title VII regime, have been invaluable. I look forward to continuing to work closely and productively with Brian and his fellow commissioners through the end of his tenure."

Moscow Exchange Moves Expiration Of MOEX Light Sweet Crude Oil Futures To 30 April And The Option To 29 April

Date 28/04/2020

Following a recommendation from the Moscow Exchange Derivatives Market Committee, the expiration date of the nearest series of the MOEX Light Sweet Crude Oil Futures contract (code: CL-5.20) is moved forward from 19 May to 30 April 2020, and the expiration date of the futures-style option on the futures contract (code: CL-5.20M140520CA, CL-5.20M140520PA) is transferred from 14 May to 29 April 2020.

SEC Charges Company And CEO For COVID-19 Scam

Date 28/04/2020

The Securities and Exchange Commission today announced charges against Praxsyn Corp. and its CEO for allegedly issuing false and misleading press releases claiming the company was able to acquire and supply large quantities of N95 or similar masks to protect wearers from the COVID-19 virus. The SEC previously issued an order on March 26 temporarily suspending trading in the securities of Praxsyn.

Moscow Exchange: Risk Parameters Change On Securities Market - Update

Date 28/04/2020

CCP NCC is changing PcH_max parameter value that defines price up limit for ISKJ and VSYD on Securities market starting from April 29, 2020:

SEC Awards Over $18 Million To Whistleblower

Date 28/04/2020

The Securities and Exchange Commission today announced an award of more than $18 million to a whistleblower whose significant information prompted an examination that resulted in an important enforcement action. The whistleblower repeatedly reported the problem internally before contacting the SEC.  

FSB Sub-Saharan Africa Group Discusses Regional Financial Stability And The Impact Of COVID-19

Date 28/04/2020

The Financial Stability Board (FSB) Regional Consultative Group (RCG) for Sub-Saharan Africa held a conference call today to discuss recent macroeconomic and financial market developments, including the financial stability implications from COVID-19.

EEX Response To The ACER Consultation On The TSOs Proposal Of A Methodology For The Bidding Zones Review

Date 28/04/2020

EEX responded to the ACER consultation on the TSOs proposal of a methodology for the Bidding Zones Review.

Statement Of CFTC Commissioner Brian D. Quintenz On The End Of His Term And Future Plans

Date 28/04/2020

I am deeply honored to have served as a Commissioner at the Commodity Futures Trading Commission over the last two and half years, as well as to have been a part of an administration that has assembled one of the best financial regulatory teams across the federal government.  My five-year statutory term as a Commissioner expires this month.  With its expiration, I have had an opportunity to reflect on my journey.  It has been a privilege to serve my country in this role, easily the most rewarding experience of my professional career.  However, after thoughtful consideration and much discussion with my family, I have decided not to seek re-nomination to another five-year term as a Commissioner.  With five years having passed since I was first selected for this role, it is time for me to pursue new challenges and opportunities.

BIS: Dollar Invoicing, Global Value Chains, And The Business Cycle Dynamics Of International Trade

Date 28/04/2020

Focus

This paper studies how US dollar invoicing and the rise of global value chains (GVCs) affects the relationship between monetary policy, exchange rates and international trade.