News Centre

Quantum Computing Has Potential To Reshape Securities Industry, New FINRA Report Says - Report Brings Attention To Opportunities And Risks Presented By The Technology

Date 30/10/2023

FINRA released today a new report, Quantum Computing and the Implications for the Securities Industry. While practical quantum computing remains nascent, the research examines how the emerging technology that relies on quantum mechanics to perform complex calculations could significantly alter the securities industry in the future. The report also looks at potential cybersecurity threats and regulatory considerations regarding the technology.

Nadex Self-Certifies LTC Cryptocurrency Touch Bracket Contracts

Date 30/10/2023

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and Section 40.2(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”), Nadex self-certified the terms and conditions for its new LTC Cryptocurrency Event Contracts. These contracts will be listed on or after trade date November 1, 2023.

SIFMA Statement On The SEC’s Exemptive Relief Order Related To Rule 15c2-11

Date 30/10/2023

SIFMA today issued the following statement from President and CEO Kenneth E. Bentsen, Jr. on the SEC’s order granting broker-dealers exemptive relief from Rule 15c2-11 for fixed-income securities:

Nadex Self-Certifies BCH Cryptocurrency Touch Bracket Contracts

Date 30/10/2023

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and Section 40.2(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”), Nadex self-certified the terms and conditions for its new BCH Cryptocurrency Event Contracts. These contracts will be listed on or after trade date October 31, 2023.

CFTC Commissioner Pham To Speak At Columbia Business School

Date 30/10/2023

Canadian Roundtable On Audit Quality Addresses Current State And Emerging Risks

Date 30/10/2023

On October 26th, the Canadian Public Accountability Board (CPAB), the Office of the Superintendent of Financial Institutions (OSFI) and the Canadian Securities Administrators (CSA) co-hosted the Canadian Audit Quality Roundtable in Toronto.

Joint Statement: US - UK Financial Innovation Partnership Meeting

Date 30/10/2023

UK and U.S. participants in the U.S.-UK Financial Innovation Partnership (FIP) met in Washington D.C., on Thursday 7th September 2023.

EBA Releases The Technical Package For Phase 3 Of Its 3.3 Reporting Framework

Date 30/10/2023

The European Banking Authority (EBA) today published the technical package for phase 3 of version 3.3 of its reporting framework. This provides the standard specifications that include the validation rules, the Data Point Model (DPM) and the XBRL taxonomies to support the new reporting on Interest Rate Risk in the Banking Book (IRRBB).

nltrade.io: BaFin Investigates Website Operator

Date 30/10/2023

The Federal Financial Supervisory Authority (BaFin) warns consumers about the website nltrade.io. According to information available to BaFin, the operator is conducting banking business and providing financial and investment services on this website without the required authorisation.

Dubai Financial Market Announces 109% Rise In Net Profit For The First Nine Months Of 2023 To AED 186.2 Million

Date 30/10/2023

Dubai Financial Market (DFM) today announced its consolidated financial results for the period ended 30 September 2023. Net profit increased by 109% to AED 186.2 million, compared to AED 89 million in the corresponding period in 2022. With a notable increase in the number of trades, overall trade value, and an influx of new investors, DFM’s robust performance reinforces Dubai as the pivotal hub in the global financial landscape.