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ESMA Publishes Register Of Derivatives To Be Traded On-Venue Under MiFIR
Date 09/01/2018
The European Securities and Markets Authority (ESMA) has published today a public register of those derivative contracts that are subject to the trading obligation under the Markets in Financial Instruments Regulation (MiFIR).
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BOX Options Exchange: Floor Broker Guarantee
Date 09/01/2018
Effective Tuesday, January 9, 2018, the minimum eligible order size for the Floor Broker Guarantee provided in BOX Options Exchange (“BOX”) Rule 7600(f) will be decreased to fifty (50) contracts.
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ESMA Issues List Of Trading Venues Temporarily Exempted From Open Access Under MiFIR
Date 09/01/2018
The European Securities and Markets Authority (ESMA) has published today a list of those trading venues for which a temporary exemption from the open access provisions under 36(5) of the Markets in Financial Instruments Regulation (MiFIR) exists.
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Cboe To Provide Market And Trade Data To Thomson Reuters
Date 09/01/2018
Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today announced that it is now providing its Cboe One real-time stock quote and trade information to Thomson Reuters, one of the world’s leading sources of news and information for professional markets.
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CFTC Approves Amendments To Commission Regulations Under Parts 3 And 9
Date 09/01/2018
The Commodity Futures Trading Commission (CFTC) today unanimously approved final rules that update Parts 3 and 9 to integrate existing advisory guidance, incorporate swap execution facilities (SEFs), and update provisions currently applicable to designated contract markets (DCMs).
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Saudi Arabia's Capital Market Authority Further Expands Foreign Investors Access To Saudi Capital Market
Date 09/01/2018
Saudi Arabia's Capital Market Authority (CMA) issued today the amended Rules governing the Kingdom's Qualified Foreign Investor (QFI) framework (''Rules'') that will ease the qualification requirements for qualified foreign investors, their affiliates, foreign portfolio managers and their managed funds, and expand the range of institutional investors eligible under this framework.
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Roussotte Appointed CEO Of Style Research
Date 09/01/2018
Style Research, the global standard for factor-based analysis, has appointed experienced fintech leader Sebastien Roussotte as Chief Executive Officer. He succeeds Kirsten English, who was appointed as CEO by lead investor Lyceum Capital Partners in 2015. After successfully implementing a programme of significant investment, during which the global team has doubled to 60 professionals, she has now been appointed a non-executive director of Style Research. In this role, she will be responsible for examining potential partnership, merger and acquisition opportunities.
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Hong Kong's Securities And Futures Commission Reprimands And Fines Wu Hon Cheung $50,000
Date 09/01/2018
The Securities and Futures Commission (SFC) has reprimanded Mr Wu Hon Cheung, a former account executive of Sun Hung Kai Investment Services Limited (Sun Hung Kai), and fined him $50,000 for failing to keep proper records of a client’s order instructions, in breach of the Code of Conduct.
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Saudi Srabia's Capital Market Authority: Issuance Of The Board Resolution To Approve The Amended Rules For Qualified Foreign Financial Institutions Investment In Listed Securities
Date 09/01/2018
As part of Capital Market Authority's ("CMA") strategic objectives to develop the capital market and to expand the institutional investments, and based on the Capital Market Law issued by the Royal Decree Number (M/30) Dated 2/6/1424H, and based on the Rules for Qualified Foreign Financial Institutions Investment in Listed Shares issued by the Board resolution Number (1-42-2015) Dated 15/7/1436H corresponding to 4/5/2015G amended by Resolution of the Board of the Capital Market Authority Number (3-104-2016) Dated 5/11/1437H Corresponding to 8/8/2016G. The CMA Board has issued its Resolution dated 22/1/1439H corresponding to 9/1/2018G approving The amended Rules for Qualified Foreign Financial Institutions Investment in Listed Securities ("Rules"), and will enter into force starting from 6/5/1439H corresponding to 23/1/2018G.
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ESMA Delays Publication Of Double Volume Cap Data
Date 09/01/2018
The European Securities and Markets Authority (ESMA) today decided to delay the publication of the data on the double volume cap (DVC) mechanism for January 2018. The current quality and completeness of the data does not allow for a sufficiently meaningful and comprehensive publication of double volume cap calculations, as required under MiFID II/MiFIR, and ESMA has taken this decision to avoid creating an unlevel playing field.
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