News Centre

Bursa Malaysia Announces Winners Of Bursa Inter-Varsity Stock Challenge 2022

Date 03/12/2022

Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”), today announced the winners of the Bursa Inter-Varsity Stock Challenge 2022. The Bursa Inter-Varsity Stock Challenge is part of Bursa Malaysia’s on-going commitment to engage, educate, and empower a new generation of informed future investors.

Statement By US Secretary Of The Treasury Janet L. Yellen On The Announcement Of The Russian Oil Price Cap

Date 02/12/2022

Secretary of the Treasury Janet L. Yellen released the following statement following the announcement of the price cap.

“Together, the G7, European Union, and Australia have now jointly set a cap on the price of seaborne Russian oil that will help us achieve our goal of restricting Putin’s primary source of revenue for his illegal war in Ukraine while simultaneously preserving the stability of global energy supplies. Today’s announcement is the culmination of months of effort by our coalition, and I commend the hard work of our partners in achieving this outcome."

US Treasury Fact Sheet: Limiting Kremlin Revenues And Stabilizing Global Energy Supply With A Price Cap On Russian Oil

Date 02/12/2022

Following agreement by the 27 Member States of the European Union (EU), the members of the G7 (the United States, Canada, France, Germany, Italy, Japan, and United Kingdom) and Australia (collectively, the “Price Cap Coalition”) are joining the EU in adopting a price cap of $60/barrel on seaborne crude oil of Russian Federation origin. The price cap is an important tool to restrict the revenue Russia receives to fund its illegal war in Ukraine, while also maintaining a reliable supply of oil onto global markets. This policy is especially critical to make oil supplies available in low- and middle-income countries hit hard by the effects of Russia’s war.

Statement Of The G7 And Australia On A Price Cap For Seaborne Russian-Origin Crude Oil

Date 02/12/2022

1.The G7 and Australia, as current members of the Price Cap Coalition, on 2 December 2022 reached consensus on a maximum price of 60 U.S. dollars per barrel for seaborne Russian-origin crude oil in line with the unanimous decision by Member States of the European Union to endorse a price level for the price cap on seaborne Russian-origin crude oil. 

Readout: US Secretary Of The Treasury Janet L. Yellen’s Meeting With French Finance Minister Bruno Le Maire

Date 02/12/2022

Earlier today, U.S. Secretary of the Treasury Janet L. Yellen met with French Finance Minister Bruno Le Maire. Secretary Yellen expressed her appreciation for Minister Le Maire and France’s close cooperation on actions that will deprive the Kremlin of revenues it needs to wage its illegal war on Ukraine.  Secretary Yellen affirmed the shared commitment to a strong partnership on energy security; climate ambition; global taxation; and resilient, reliable supply chains, including with other European partners.

CFTC Amends Its Complaint Against Peter Miller And Omerta Capital LLC To Charge Additional Fraud And False Statements To CME

Date 02/12/2022

The Commodity Futures Trading Commission today filed an amended complaint alleging that Peter Miller and Omerta Capital LLC engaged in an additional fraudulent scheme involving tipped confidential block trade order information and made false statements to the Chicago Mercantile Exchange (CME), a board of trade and designated contract market. 

Nadex Refrains From Listing Certain Contracts

Date 02/12/2022

Due to activity in the underlying markets upon which the Nadex contracts are based and pursuant to the authority granted in Nadex Rule 12.1(i), Nadex took the following actions:

CFTC Staff Issues No-Action Letter Supplementing Staff Letters Regarding Swaps Trading On Certain Financial Markets Licensed In Australia

Date 02/12/2022

The Commodity Futures Trading Commission’s Division of Market Oversight today issued a supplemental staff letter modifying the no-action position of CFTC Staff Letters 15-29 and 16-72 concerning certain swap reporting requirements of Parts 43 and 45 of the CFTC’s regulations. The letter applies to qualifying Australian licensed financial markets (QALMs) regulated by the Australian Securities & Investments Commission.

CFTC Commitments Of Traders Reports Update

Date 02/12/2022

The current reports for the week of November 29, 2022 are now available. Report data is also available in the CFTC Public Reporting Environment (PRE), which allows users to search, filter, customize and download report data.

Nadex Temporarily Amends Binary Contracts Strike Width

Date 02/12/2022

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 or decreased volatility, as the case may be, 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 November 21, 2022 as indicated in the Weekly Notice.