News Centre

"The UAE Securities And Commodities Authority (SCA)” Launches The "Develop Your Service" Initiative To Monitor Customers' Aspirations Regarding Its Services

Date 15/01/2023

Guided by the directives of the wise government to upgrade the level of the government services quality, and within the framework of commitment to the promise of the UAE’s government for future services, the Securities and Commodities Authority (SCA), as part of its ongoing efforts to upgrade the services system and develop its delivery channels, launched the “Develop Your Service” initiative to monitor customers aspirations and activate the role of all concerned parties in the processes of designing and developing the services that it provides to various categories of customers in order to ensure the reduction of time and effort, facilitate the way of receiving services, achieve their satisfaction and exceed their expectations.

EGX Discusses IRs Capacity Building Programs With FEB

Date 15/01/2023

The Egyptian Exchange (EGX), in cooperation with the Federation of Egyptian Banks (FEB), organized a meeting with the investor relations officers of listed banks to discuss the mechanisms of developing the capabilities of the IR officers.  The event was held in the presence Rami El-Dokany, Executive Chairman of EGX, Mr. Mohamed Mahmoud El Etreby, Chairman of FEB and officials of investor relations departments in listed banks.

Tehran Stock Exchange Weekly Market Review Ended On 11 January 2023

Date 14/01/2023

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

CME Group SOFR Futures And Options Trade A Record 7.56 Million Contracts On January 12

Date 13/01/2023

• Record 7,558,467 SOFR-based contracts traded, with record open interest of 35,698,298 contracts

Statement From US Assistant Secretary Of The Treasury For Tax Policy Lily Batchelder On The Appointment Of Manal Corwin To Lead OECD’s Centre For Tax Policy And Administration

Date 13/01/2023

Today, Assistant Secretary of the Treasury for Tax Policy Lily Batchelder released the following statement on the appointment of Manal Corwin to Director of the Organisation for Economic Co-operation and Development’s (OECD) Centre for Tax Policy and Administration (CTPA).

CFTC Commitments Of Traders Reports Update

Date 13/01/2023

The current reports for the week of January 10, 2023 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.

MIAX Exchange Group - Sales Tax Charge Added To Invoices Beginning With January 2023 Invoices

Date 13/01/2023

As previously announced in the November 9, 2022 Alert, the MIAX Options, MIAX Pearl Options, MIAX Emerald Options and MIAX Pearl Equities Exchanges began collecting state-specific sales tax on January 1, 2023.  

Federal Reserve Board Releases Results Of Survey Of Senior Financial Officers At Banks About Their Strategies And Practices For Managing Reserve Balances

Date 13/01/2023

The Federal Reserve Board on Friday released results of a survey of senior financial officers at banks about their strategies and practices for managing reserve balances. The Senior Financial Officer Survey is used by the Board to obtain information about deposit pricing and behavior, bank liability management, the provision of financial services, and reserve management strategies and practices. The most recent survey was conducted in collaboration with the Federal Reserve Bank of New York between November 4, 2022, and November 18, 2022, and includes responses from banks that held slightly below three quarters of total banking system reserve balances at the time of the survey.

FINRA Proposal To Amend The Codes Of Arbitration Procedure To Make Various Clarifying And Technical Changes To The Codes, Including In Response To Recommendations In The Report Of Independent Counsel Lowenstein Sandler LLP

Date 13/01/2023

FINRA is proposing to amend the Codes of Arbitration Procedure to make changes to provisions relating to the arbitrator list selection process in response to recommendations in the report of independent counsel Lowenstein Sandler LLP. The proposed rule change also makes clarifying and technical changes to certain requirements in the Codes.

Nadex Refrains From Listing Certain Contracts

Date 13/01/2023

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: