News Centre

Nasdaq CSD Iceland Merges With Nasdaq CSD SE - Nasdaq Consolidates Its Central Securities Depository Business In Europe

Date 25/05/2020

Nasdaq (Nasdaq: NDAQ) today announced the merger of Nasdaq CSD Iceland with Nasdaq CSD SE (Nasdaq CSD). The combined company, Nasdaq CSD SE, will operate in Latvia, Estonia, Lithuania and Iceland. Subsequently to the merger, the Icelandic branch will be positioned to leverage the full potential of Nasdaq CSD‘s securities settlement platform and links to create new opportunities for domestic and international clients. Migration of the securities settlement platform in Icelandic markets is scheduled to be fully implemented on 15 June.

Moscow Exchange To Launch Scholarship Program And Distinguished Professorship At New Economic School

Date 25/05/2020

As part of its initiatives to increase financial literacy and partner with Russia’s leading universities, Moscow Exchange has established a Moscow Exchange Scholarship for students and a Distinguished Professorship at the New Economic School (NES).

Notice On Delivery Of China Government Bond Futures Contracts

Date 25/05/2020

This notice is hereby given on matters related to the delivery of the 5-year, 10-year, and 2-year China government bond (CGB) futures contracts due for settlement in June 2020:

1.The last trading day of 5-year, 10-year, and 2-year CGB futures contracts is the second Friday of the expiry month. Where the last trading day is a public holiday or trading of the contracts is suspended on that day for extraordinary situations or other reasons, the last trading day shall be postponed to the following trading day. The last trading day of the TF2006, T2006, and TS2006 contracts is June 12, 2020.

Nadex Temporarily Amends Binary Contracts Strike Width

Date 22/05/2020

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 18, 2020 as indicated in the Weekly Notice. 

US Department Of Justice: Hollywood Film Producer Charged With $1.7 Million COVID-Relief Fraud - Individual Used Funds For Personal Expenses

Date 22/05/2020

A California man has been charged with allegedly filing bank loan applications fraudulently seeking more than $1.7 million dollars in forgivable Paycheck Protection Program (PPP) loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. 

CFTC Commitments Of Traders Update

Date 22/05/2020

The current reports for the week of May 19, 2020 are now available.

BETTER FINANCE Urges To Put Employee Share Ownership At The Core Of Efforts To Tackle The Corona-Induced Financial Crisis

Date 22/05/2020

With the current crisis calling for a tightening of the link between employees and their companies, especially in the case of SMEs, BETTER FINANCE’s member organisation  EFES, the European Federation of Employee Share Ownership, launched a concrete proposal on how to co-opt Employee Share Ownership (ESO) to help fund companies under threat of bankruptcy from the pandemic and complement governments in their struggle against the fallout from the crisis.

Nigerian Stock Exchange Weekly Market Report For May 22nd 2020

Date 22/05/2020

A total turnover of 1.718 billion shares worth N18.849 billion in 26,367 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 926.418 million shares valued at N9.768 billion that exchanged hands last week in 20,910 deals.

SEC Charges Owner Of Film Distribution Company With Defrauding Publicly Traded Fund

Date 22/05/2020

The Securities and Exchange Commission today announced charges against William Sadleir, the owner of a film distribution company, for defrauding a publicly traded fund of at least $13.8 million. 

Britons Bemused By Bitcoin, Bitstocks Finds - Bitstocks Continues On Its Mission To Educate, As New Research Indicates Bitcoin Is Still Misunderstood

Date 22/05/2020

Bitstocks, an established UK-based Bitcoin market advisory and educational media house, has spent the last couple of weeks broadcasting bitcoin across the airwaves in an attempt to re-educate the UK about the utility of bitcoin and blockchain technology.