News Centre

CFTC Orders StoneX Markets LLC To Pay $650,000 For Violations Of Swap Business Conduct Standards - Swap Dealer Admits It Failed To Disclose Pre-Trade Mid-Market Marks And Failed To Diligently Supervise Its Compliance Process

Date 20/09/2023

The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against StoneX Markets LLC (StoneX), a registered swap dealer, for violations of the CFTC’s Business Conduct Standards applicable to swap dealers. Specifically, the CFTC found that StoneX failed to disclose thousands of Pre-Trade Mid-Market Marks (PTMMM), in violation of CFTC Regulation 23.431, and failed to diligently supervise its PTMMM compliance process, in violation of CFTC Regulation 23.602.

BIS: The Effect Of Monetary Policy On Inflation Heterogeneity Along The Income Distribution

Date 20/09/2023

Monetary policy has distributional effects – because a change in interest rates affects agents differently depending on their interest rate exposure, because income and wealth are affected differently, and possibly also because inflation responds differently across agents. While there is a large literature on the wealth and income effects of monetary policy, the effects on inflation differentials have barely been studied.

NG Clearing Announces New MD/CEO Appointment, Pending Nigerian Securities And Exchange Commission Approval.

Date 20/09/2023

NG Clearing, West Africa’s Premier Central Counterparty, is delighted to announce the appointment of Mr. Farooq Adedayo Oreagba as its new Managing Director and Chief Executive Officer, subject to approval from the Securities and Exchange Commission (SEC). The Board of Directors of NG Clearing has unanimously appointed Mr. Oreagba to this esteemed role, recognizing his outstanding achievements and expertise in the financial services sector.

Remarks By US Secretary Of The Treasury Janet L. Yellen At Bilateral Meeting With Prime Minister Of Vietnam Pham Minh Chinh, In New York, New York

Date 20/09/2023

Prime Minister Chinh, I’m very glad we are meeting here in New York again after my visit to Hanoi in July.

As I said to you this summer, I care deeply about further improving our bilateral economic relationship.

Jos Dijsselhof, CEO SIX, Elected As Vice Chairman Of World Federation Of Exchanges (WFE)

Date 20/09/2023

Jos Dijsselhof, CEO SIX, has been elected as new Vice Chairman of the WFE at the Annual Meeting of the World Federation of Exchanges (WFE). The vote was unanimous. His period of office is two years.

ICE, Gitterman Asset Management And Accenture Host ICE Climate & Capital Conference To Discuss Emerging Climate-Related Challenges And Opportunities

Date 20/09/2023

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, and operator of the world’s most liquid environmental markets, announced that it will co-host the Climate & Capital Conference with Gitterman Asset Management and Accenture on Wednesday, September 20, 2023, at the NYSE, coinciding with New York City’s Climate Week. The event will be livestreamed by Fintech.TV.

FESE: REMIT Review: Market Access Barriers For Third Country Firms

Date 20/09/2023

AFME, CMCE, Europex, FESE, FIA, FIA EPTA and ISDA (‘The Associations’), representing a wide range of market participants (e.g. energy firms, trading venues, banks and other market participants) in wholesale energy markets, are writing to you ahead of the upcoming trilogue meetings on the review of the Regulation of Wholesale Energy Market Integrity and Transparency (REMIT) and the supervision of third country firms.

Investor Dissatisfaction With Boards Grows, New ProxyPulse Report Reveals

Date 20/09/2023

Shareholders sent strong signals to management and activists alike: more directors failed to attain majority support and the average support for environmental and social proposals fell as well, according to the ProxyPulse™ report released today by global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE:BR).  At the same time, growing numbers of individual investors entered the market.

Arteche, Axon Partners And Sngular, From BME Growth, Nominated For The European Small And Mid-Cap Awards

Date 20/09/2023

• The awards, promoted by the European Commission, European Issuers and the Federation of European Stock Exchanges (FESE), will be presented in November in Bilbao, Spain

Tehran Stock Exchange Weekly Market Review - 16 September 2023 To 20 September 2023

Date 20/09/2023

Click here to download Tehran Stock Exchange's weekly market review.