News Centre

MIAX Exchange Group - Options & Equities Markets - Final Reminder: Reg SCI / SIFMA BCP Testing On Saturday, October 23, 2021

Date 15/10/2021

Overview:

As previously announced on April 12th, Sept 2nd and Sept 28th, the MIAX Exchange Group will be participating in the 2021 SIFMA BCP Testing on Saturday, October 23, 2021.  All members that are required to test with MIAX Options, MIAX Pearl Options, MIAX Emerald Options and/or MIAX Pearl Equities Exchanges in accordance with Regulation Systems Compliance and Integrity (Regulation SCI) have been notified.  However, all members are encouraged to test. 

CFTC’s Interest Rate Benchmark Reform Subcommittee Selects November 8 For SOFR First For Non-Linear Derivatives

Date 15/10/2021

The Interest Rate Benchmark Reform Subcommittee, a subcommittee of the Commodity Futures Trading Commission’s Market Risk Advisory Committee (MRAC), voted to select November 8th as the date for switching interdealer trading conventions from LIBOR to the Secured Overnight Financing Rate (SOFR) for U.S. Dollar (USD) non-linear derivatives under the MRAC’s SOFR First initiative. Acting Chairman Rostin Behnam is the sponsor of MRAC.

US Treasury Continues Campaign To Combat Ransomware As Part Of Whole-Of-Government Effort - OFAC Issues Sanctions Compliance Guidance For Virtual Currency Industry - FinCEN Issues Report On Ransomware Trends In Bank Secrecy Act Data

Date 15/10/2021

Building on the first-ever designation of a virtual currency exchange for facilitating transactions for ransomware actors, the U.S. Department of the Treasury announced additional steps today to help the virtual currency industry prevent exploitation by sanctioned persons and other illicit actors. These actions are part of the Biden Administration’s focused, integrated effort to counter the ransomware threat. New industry-specific guidance outlines sanctions compliance best practices tailored to the unique risks posed in this dynamic space, while new data from the Financial Crimes Enforcement Network (FinCEN) shows the increasing threat ransomware posed to the U.S financial sector, businesses, and the public during the first half of 2021. Treasury’s actions underscore the need for a collaborative approach to counter ransomware attacks, including public-private partnerships and close relationships with international partners.

NGX Group Announces Successful Listing On NGX

Date 15/10/2021

Nigerian Exchange Group Plc (‘NGX Group’ or ‘The Group’) is delighted to announce the successful listing of its shares on the Main Board of Nigerian Exchange Limited (‘NGX’ or ‘The Exchange). Having satisfied the Listing Requirements of The Exchange and obtained relevant regulatory approvals, NGX Group is now listed in the Financial Services and Capital Market Infrastructure sector of the Exchange, with the ticker “NGXGROUP”. A total of 1,964,115,918 shares were admitted to trading, representing the issued share capital of the Group as of today.

Audacia Lists On Euronext Growth Paris

Date 15/10/2021

• €7.4 million raised

• Market capitalisation of €32 million

• 51st listing on Euronext Paris in 2021

• 159th listing on Euronext in 2021

Verena Ross Appointed Chair Of The European Securities And Markets Authority

Date 15/10/2021

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, next Chair will be Verena Ross. The appointment was confirmed by the Council of the European Union at its meeting today in Brussels. Ms Ross will take up her position on 1 November 2021.

OVHcloud Lists On Euronext Paris

Date 15/10/2021

• €400 million raised

• Market capitalisation of €3.48 billion

• French Tech Next40 company and 6th listing of a Large Cap on Euronext Paris in 2021

• 50th listing on Euronext Paris in 2021

UK Financial Conduct Authority Prohibits And Fines Omar Hussein For Pension Switching Advice Failings

Date 15/10/2021

The FCA has prohibited Omar Hussein, former director and senior financial adviser at pension switching firm Consumer Wealth Ltd (CWL), from working in financial services. Mr Hussein has also been fined £116,000 for providing reckless and unsuitable pension switching advice. 

Malawi Stock Exchange Weekly Summary - 14 October 2021

Date 15/10/2021

Click here to download Malawi Stock Exchange's weekly summary.

Bank Of England: Minutes Of The Artificial Intelligence Public-Private Forum - 1 October 2021

Date 15/10/2021

Together with the FCA, we launched the Artificial Intelligence Public-Private Forum, to help us better understand the impact of artificial intelligence (AI) and machine learning (ML) on financial services.