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  • Nadex Extends Dormant Account Bonus Program

    Date 28/08/2020

    Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and section §40.6(a) 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”) submitted to the Commission on August 28, 2020 its plans to extend its reactivation incentive program, which credits eligible participants with dormant accounts (no trading activity for 12 consecutive months) a bonus equal to 10% of the participant’s reactivation deposit, as defined in the Terms and Conditions, up to $100.  In order to qualify, the reactivation deposit must occur before any trading activity takes place.  The Program is being extended through September 22, 2021.  Full Terms and Conditions of the Program were also submitted to the Commission and are available under this Notice, and by request. 


  • UK Financial Conduct Authority: Wirecard Has Announced That It Is Winding-Down Its Business

    Date 28/08/2020

    Wirecard Card Solutions Limited (‘Wirecard’) is authorised and supervised by the FCA to issue e-money and provide payment services including, issuing e-money onto prepaid cards. Wirecard is authorised under the Electronic Money Regulations 2011 (‘the EMRs’) and its activities are also subject to requirements under the Payment Services Regulations 2017 (‘the PSRs’).


  • BSX Featured In Focus Magazine On Bermuda’s BSX Ensuring Essential Financial Services Amid Global Pandemic

    Date 28/08/2020

    Focus Magazine (WFE), released an on-line article titled “Bermuda’s BSX ensures essential financial services amid global pandemic”.  The article stated:

    Bermuda’s BSX ensures essential financial services amid global pandemic

    Focus Magazine - Greg Wojciechowski, President and CEO, Greg Wojciechowski, President & Chief Executive Officer of the Bermuda Stock Exchange,(BSX) discusses how Bermuda’s BSX ensures essential financial services amid global pandemic.

  • The EEX Transparency Platform Completed First Phase Of IIP Re-Assessment

    Date 28/08/2020

    Following a new registration and acknowledgement process for REMIT Inside Information Platforms (IIPs), EEX Transparency belongs to the first IIPs which completed the first step successfully. Market Participants can rely on the EEX Transparency Platform as #centralplatform. The final phase 2 assessment will test the stability of the data transfer in the month to come.


  • The Central Bank Balance Sheet As A Policy Tool: Past, Present And Future - Speech By Andrew Bailey, Governor Of The Bank Of England, Given At The Jackson Hole Economic Policy Symposium

    Date 28/08/2020

    In this speech and associated paper, Andrew Bailey considers the lessons from the past decade – including the response to the disruption caused by Covid-19 – for the use of central banks’ balance sheets as a policy tool. Central banks have used a range of tools, including asset purchases conducted at pace, to respond decisively to the disruption over the past few months – what we call in the paper “go Big” and “go Fast”. By and large these tools worked, helping to avoid a sharp tightening in the costs of borrowing for households and businesses. This experience has reiterated that the effectiveness of our tools depends on the situation in which they are used. To ensure there is scope to respond appropriately when needed in the decade ahead, this may suggest that central bank balance sheets might have a more counter-cyclical role and function than the evidence of the last decade alone would suggest.

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