News Centre

Nigerian Exchange Weekly Market Report For June 24th, 2022

Date 24/06/2022

A total turnover of 1.121 billion shares worth N13.703 billion in 22,350 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 940.892 million shares valued at N11.494 billion that exchanged hands last week in 20,077 deals.

Nadex Amends Its Market Maker Agreement

Date 24/06/2022

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and Section 40.6(a) 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”), Nadex submitted notice to the Commission that Nadex plans to make the following amendments to its Market Maker Agreement:

Nadex Amends Holiday Product Schedule Guidelines

Date 24/06/2022

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and Section 40.6(a) 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”), Nadex submitted notice to the Commission that Nadex’s Holiday Product Schedule Guidelines is being amended to remove reference to the Event Binary Contracts, which were delisted at the close of business on June 24, 2022. Amendments to the Holiday Product Schedule Guidelines will be effective July 11, 2022.  

CFTC Commissioner Pham To Join The Forkast News Flagship Virtual Events Series 2022 | The Future Of Stablecoins

Date 24/06/2022

Nadex Delists Event Binary Contracts

Date 24/06/2022

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and Section 40.6(a) 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”), Nadex submitted notice to the Commission that Nadex will be delisting all of its Event Binary Contracts, effective as of the close of business on Friday, June 24, 2022. 

What Did The Monetarists Ever Do For Us? − Speech By Huw Pill, Chief Economist And Executive Director, Monetary Analysis Given at Walter Eucken Institut / Stifung Geld und Währung Conference – Inflation And Debt: Challenges For Monetary Policy After Covid-19

Date 24/06/2022

Huw Pill talks about the challenges for monetary policy after Covid.

Nadex Refrains From Listing Certain Contracts

Date 24/06/2022

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:

ESAs Refer Stakeholders To Commission Statement On The Application Date Of New PRIIPs Rules

Date 24/06/2022

The European Supervisory Authorities (ESAs) would like to draw the attention of stakeholders to a Statement by the European Commission concerning the application date of new rules for the Key Information Document (KID) for packaged retail and insurance-based investment products (PRIIPs).

Nadex Temporarily Amends Binary Contracts Strike Width

Date 24/06/2022

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 June 20, 2022 as indicated in the Weekly Notice.

EBA Replies To European Commission’s Call For Advice On The Mortgage Credit Directive Review

Date 24/06/2022

The European Banking Authority (EBA) published today an Opinion and Report in response to the European Commission’s Call for Advice (CfA) on the review of the Mortgage Credit Directive (MCD) . The EBA proposes to review the MCD, in particular, to facilitate the smooth functioning of the internal market for mortgages, foster a level-playing field across all types of lenders and ensure a higher level of consumer protection across EU Member States.