News Centre

Fulfilling Dr. Martin Luther King's Vision - Dream Exchange: A Free And Fair Stock Market For All

Date 11/05/2023

Dream Exchange, the first majority black-owned stock exchange in America's history, is gearing up for launch amidst a rapid decline in public companies, with smaller and mid-sized IPOs being almost non-existent.

SEC Charges HSBC And Scotia Capital With Widespread Recordkeeping Failures - Firms Admit To Wrongdoing And Agree To Pay Penalties In SEC’s Ongoing Recordkeeping Initiative

Date 11/05/2023

The Securities and Exchange Commission today charged HSBC Securities (USA) Inc. and Scotia Capital (USA) Inc. for widespread and longstanding failures by both firms and their employees to maintain and preserve electronic communications. To settle the charges, HSBC and Scotia acknowledged that their conduct violated recordkeeping provisions of the federal securities laws and agreed to pay penalties of $15 million and $7.5 million, respectively.

Readout: US Secretary Of The Treasury Janet L. Yellen’s Meeting With Finance Minister Of Indonesia Sri Mulyani

Date 11/05/2023

Secretary of the Treasury Janet L. Yellen met with Finance Minister of Indonesia, Sri Mulyani on Thursday.  Secretary Yellen discussed key G20 priorities including debt and MDB evolution.  She also discussed Indonesia’s vital role co-chairing the G20 Joint Finance and Health Task Force and goals for Indonesia’s Just Energy Transition Partnership.  Secretary Yellen affirmed the strong U.S.-Indonesia partnership and agreed to continue to work together addressing global economic challenges. 

Bank Of England: Bank Rate Increased To 4.5% - May 2023

Date 11/05/2023

Monetary Policy Summary, May 2023

The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 10 May 2023, the MPC voted by a majority of 7–2 to increase Bank Rate by 0.25 percentage points, to 4.5%. Two members preferred to maintain Bank Rate at 4.25%.

ESMA Publishes Latest Edition Of Its Newsletter

Date 11/05/2023

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published its latest edition of its Spotlight on Markets Newsletter.

FIA Tech Partners With Symphony To Serve Exchange Traded Derivatives Industry

Date 11/05/2023

FIA Tech, the leading exchange-traded derivative industry technology provider, is partnering with Symphony, the leading markets’ infrastructure and technology platform to improve data query workflows in capital markets.

LSEG Announces Strategic Collaboration With The National University Of Singapore Business School

Date 11/05/2023

LSEG (London Stock Exchange Group), today announced a strategic collaboration with the National University of Singapore (NUS) Business School through its Workspace platform. 

Sucden Financial Launches Community Fund To Celebrate 50th Anniversary

Date 11/05/2023

Sucden Financial, the multi-asset execution, clearing and liquidity provider, is pleased to announce the establishment of our charitable fund ('the Fund') to support economically disadvantaged local communities in East London. The initiation of the Fund is one of a number of initiatives to commemorate Sucden Financial's 50^th anniversary in 2023.

Bursa Malaysia, Mah Sing And Alliance Bank Collaborate To Drive ESG Adoption

Date 11/05/2023

Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) signed a Memorandum of Collaboration (“MOC”) each with Mah Sing Group Berhad (“Mah Sing”) and Alliance Bank Malaysia Berhad (“Alliance Bank”), to bring them on board as early adopters of its Centralised Sustainability Intelligence Platform (“Platform”). The collaboration aims to expedite the adoption and integration of Environmental, Social and Governance (ESG) practices among companies, resulting in a more sustainable and resilient business ecosystem. In addition, Mah Sing and Alliance Bank signed a Memorandum of Collaboration with the objective of building an ecosystem that sees tangible financial benefits from sustainable practices.

Global Screening Services (GSS) Appoints Stephen Gilderdale, Former CPO At SWIFT, As Senior Advisor

Date 11/05/2023

• Gilderdale joins GSS with a wealth of experience in the Fintech and Financial Services sectors, most recently from his role as Chief Product Officer of SWIFT.