News Centre

Effective May 9, 2022, MIAX Options And MIAX Emerald Options 2X Opening And Intraday Valid And Priority Quote Spread Relief In All Symbols

Date 09/05/2022

Multiplier: 2X
Reason: In maintenance of a fair and orderly market.
Time: Opening and Intraday
Subject Summary: Please be advised, effective May 9, 2022, the MIAX Regulation Department has granted 2 times opening and intraday quote parameter relief for all symbols on MIAX Options and MIAX Emerald Options. 

Cassini Systems Named Best OTC Derivatives Margining Solution For The Second Time

Date 09/05/2022

Cassini Systems, the leading provider of pre- and post-trade margin and collateral analytics for derivatives market participants, has been named Best OTC Derivatives Margining Solution at this year’s FTF News Technology Innovation Awards. This is the second time in recent years that the firm has been recognized for its intelligent margin and collateral analytics for users of derivatives and follows its recognition as Best UMR Service of the Year in the 2022 Risk Markets Technology Awards, and Best Post-Trade Technology in the 2022 HFM US Technology Awards. 

Piraeus Securities S.A. Goes Live With Scila Surveillance For Real-Time Market Surveillance

Date 09/05/2022

Scila and Athens Exchange Group co-operates to offer a SaaS solution based on Scila Surveillance for both Buy and Sell side members of the Athens exchange. Piraeus Securities S.A. is the first customer of the new service to go-live.

The Rising Cost Of Investigations And Heightened Fraud Risk Hit Businesses Hard, Kroll Survey Reveals

Date 09/05/2022

• Over four in five (82%) respondents said their organizations had been significantly impacted by fraud and illicit activity
• Seventy-eight percent of respondents’ organizations had conducted investigations into fraud, corruption or related misconduct in the past three years
• Four in five (79%) respondents said the cost of these investigations had increased, particularly for organizations with a turnover of more than $15 billion

FIA Tech Launches Client Services And Operations Center In Tampa, FL

Date 09/05/2022

FIA Tech, the futures industry’s leading technology provider, today announced that it has launched a new client services and operations center in Tampa, Florida. FIA Tech’s client services team is the primary interface for FIA Tech’s global client base and is responsible for the onboarding of new clients, overall client satisfaction and implementation of initiatives across FIA Tech’s various business lines.

UK Financial Conduct Authority: Five Individuals Banned And Fined For Causing Losses To Pension Customers

Date 09/05/2022

The FCA has prohibited five directors of financial advice firms from working in financial services and fined them over £1 million, after they caused significant losses to pension customers.

Another New Trading Participant - Virtu ITG Europe - Joins SIX Swiss Exchange

Date 09/05/2022

As of today, Virtu ITG Europe Limited starts trading on SIX Swiss Exchange, the highly liquid reference market for Swiss equities

Reply To Singapore Parliamentary Question On Banks' Exposure To Commodities Market

Date 09/05/2022

Question:

To ask the Prime Minister (a) what is the current size of local banks’ exposure to commodity trading and commodity financing; (b) whether MAS has been approached and is prepared to provide liquidity support to commodity trading firms; and (c) what is the assessment by MAS of the risks to the financial sector arising from commodity market volatilities and ongoing lockdowns across China.

Global Innovation Platform Kickstart Launches New Application Round For Startups

Date 09/05/2022

• Collaboration opportunities with major corporates and other industry leaders for the next step
• Numerous success stories: Planted, Cord, Keyless, Huma
• Focus on sustainability including circular economy

BNP Paribas Asset Management Launches First Sustainable Thematic Asian Fixed Income Fund

Date 09/05/2022

BNP Paribas Asset Management (‘BNPP AM’) announces the launch of the BNP Paribas Sustainable Asian Cities Bond fund, a Luxembourg-domiciled sustainable thematic fixed income fund offering investors exposure to a differentiated strategy that is both regional and thematic, aiming to capture the multi-decade growth opportunities offered by sustainable urbanisation in Asia.