News Centre

ESMA: Third-Country Markets Considered As Equivalent To A Regulated Market Under EMIR

Date 25/07/2022

The markets established in a third country and listed below have been considered as equivalent to a regulated market in the Union in accordance with Article 2a of Regulation (EU) No 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories (EMIR) and for the purposes of Article 2(7) of this Regulation.

SEC Files Multiple Insider Trading Actions Originating from the Market Abuse Unit's Analysis and Detection Center

Date 25/07/2022

The Securities and Exchange Commission today filed insider trading charges against nine individuals in connection with three separate alleged schemes that together yielded more than $6.8 million in ill-gotten gains. Those charged include a former chief information security officer (CISO), an investment banker, and a former FBI trainee, all of whom allegedly shared confidential information with their friends, who then traded on that confidential information. Each of the three actions announced today originated from the SEC Enforcement Division’s Market Abuse Unit’s (MAU) Analysis and Detection Center, which uses data analysis tools to detect suspicious trading patterns.

BIS: Cross-Border Financial Centres

Date 25/07/2022

Summary

Focus

When monitoring capital flows and analysing international interconnectedness, it is useful to distinguish financial centres that specialise in cross-border financial activity from other countries. Such centres are a channel for international investment, as opposed to an ultimate source or final destination for funds. Also, their external assets and liabilities are exceptionally large compared with their domestic economy. As a result, they account for a small share of the global economy but a large share of international financial activity. We propose a quantitative, transparent and replicable method for identifying cross-border financial centres.

SEC Charges Former Indiana Congressman With Insider Trading - Stephen Buyer Allegedly Used Inside Information To Buy $1.5 Million In Stocks

Date 25/07/2022

The Securities and Exchange Commission today filed insider trading charges against Stephen Buyer, a former U.S. Representative for Indiana's 4th Congressional District.

ACER Reports On The Mostly Positive Progress In Implementing The Gas Balancing Network Code

Date 25/07/2022

The EU Agency for the Cooperation of Energy Regulators (ACER) publishes today its sixth report on the gas balancing network code implementation.

FEAS Newsletter: July 2022

Date 25/07/2022

Tradeteq To Securitize Trade Finance Receivables On The XDC Network’s Public Blockchain

Date 25/07/2022

Tradeteq, a World Economic Forum member, has selected the XDC Network to launch TRADA Tokens, the first ever fully regulated, trade finance-backed fungible security tokens. The move is expected to deliver significant liquidity to the trade finance sector by securitizing a traditionally illiquid asset class on the XDC Network – a public, decentralized blockchain.

FESE: Launch Of The European Small And Mid-Cap Awards 2022

Date 25/07/2022

The 10th edition of the European Small and Mid-Cap Awards will take place in Prague, Czech Republic, as part of the European Commission’s annual SME Assembly (28th – 30th November 2022).

CME Group Announces Record Copper Options Open Interest

Date 25/07/2022

CME Group, the world's leading derivatives marketplace, today announced that open interest in Copper options surpassed 100,000 contracts on July 21, 2022, reaching an all-time record after multiple back-to-back open interest record days throughout the week.

Egyptian Prime Minister Discusses With Market Participants Governmental Investments In Capital Market

Date 25/07/2022