News Centre

ISDA derivatiViews: First Steps To Crypto Derivatives Standards

Date 30/09/2021

Crypto assets have grown at a ferocious pace in recent years, but banks and institutional investors have only played a bit part in that growth. That’s now starting to change, with financial institutions showing more interest in crypto and derivatives linked to these assets. Further growth is all but certain, but the challenge will be to guarantee the nascent market for digital asset derivatives is built on firm foundations. This should be based on standards that respect the unique aspects of this asset class and can be applied in a fully digital format – an issue that ISDA is uniquely placed to tackle.

Report from FINRA Board Of Governors Meeting – September 2021 - Board Approves New Maintaining Qualifications Fee - Reaffirms FINRA’s Financial Guiding Principles

Date 30/09/2021

FINRA’s Board of Governors met on Sept. 23-24 and approved a proposal to establish a modest fee for individuals who choose to complete continuing education (CE) to remain qualified for up to five years following the termination of the individual’s registration.

SIFMA Fixed Income Market Close Recommendation In The U.S., The U.K. And Japan For U.S. Columbus Day

Date 30/09/2021

SIFMA has confirmed its previous holiday recommendation for a full market close on Monday, October 11 for the trading of U.S. dollar-denominated fixed income securities in the U.S., the U.K., and Japan in observance of the U.S. Columbus Day Holiday.

Supervisory Board To Extend Yuri Denisov"s term As MOEX Management Board Chairman

Date 30/09/2021

On 30 September 2021, the Supervisory Board of Moscow Exchange resolved it would be prudent to re-elect Yury Denisov as Chairman of the Executive Board.

MIAX Options And MIAX Pearl Options Exchanges - Updated October 1, 2021 Fee Changes

Date 30/09/2021

The MIAX Options and MIAX Pearl Options Fee Schedules will also be amended on October 1, 2021, pending filing with the SEC.  Below is a list, including the previously announced change in the September 29, 2021 Alert.

SEC Charges Rogue Trader Who Bankrupted His Firm

Date 30/09/2021

The Securities and Exchange Commission today charged Keith A. Wakefield, a former managing director and head of fixed income trading at IFS Securities, Inc., an Atlanta-based broker-dealer, with causing millions of dollars of losses through unauthorized trading in fixed income securities, and with fraudulently obtaining approximately $820,000 in fictitious commission income.

BOX Options: Changes To The Tags On Leg Instrument Execution Reports

Date 30/09/2021

Beginning October 18, 2021, the tags on the Leg Instrument Execution Report in FIX ‘8’ will mirror the tags of the parent FIX ‘8’ Complex Order Execution Report.

Cboe Global Markets Announces Date Of Third-Quarter 2021 Earnings Release And Conference Call

Date 30/09/2021

Cboe Global Markets, Inc. (Cboe: CBOE), a leading provider of global market infrastructure and tradable products, today said it will announce its financial results for the third quarter of 2021 before the market opens on Friday, October 29, 2021. A conference call with remarks by the company's senior management will begin at 7:30 a.m. Central Time (CT), 8:30 a.m. Eastern Time (ET).

FTSE Russell Announces The Results Of Its 2021 Annual Country Classification Review For Equities And Fixed Income

Date 30/09/2021

• Saudi Arabia will be added to the FTSE Emerging Markets Government Bond Index (EMGBI) following the upgrade of its Market Accessibility Level to “1”
• Kazakhstan government bonds to be included in the newly launched FTSE Frontier Emerging Markets Government Bond Index
• Russia and Vietnam retained on the FTSE Equity Country Classification Watch List
• Iceland and Mongolia added to FTSE Equity Watch List for possible promotions

ETFGI Reports Record Assets And Net Inflows In Active ETFs And ETPs Of US$413 Billion And US$95 Billion Respectively At The End Of August 2021

Date 30/09/2021

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs and ETPs ecosystem, reported today record assets and net inflows in Active ETFs and ETPs listed globally of US$413 billion and US$95 billion respectively at the end of August. Actively managed ETFs and ETPs saw net inflows of US$7.00 billion during August, bringing year-to-date net inflows to US$95.21 billion. Assets invested in actively managed ETFs/ETPs finished the month up to 2.4%, from US$404 billion at the end of July to US$413 billion, according to ETFGI's August 2021 Active ETF and ETP industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)