News Centre

Bursa Malaysia Reports FY2021 Profit After Tax And Zakat Of RM355 Million

Date 28/01/2022

Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) recorded a Profit After Tax and Zakat (“PAT”) of RM355.3 million for the financial year ended 31 December 2021 (“FY2021”), a 6.0 percent decrease from the RM377.7 million reported in the previous financial year ended 31 December 2020 (“FY2020”). This is mainly due to lower operating revenue of RM751.6 million in FY2021 compared to RM778.8 million in FY2020, a decrease of 3.5 percent. The total operating expenses in FY2021 was lower by 1.1 percent at RM288.6 million against RM291.8 million in FY2020.

Borsa Istanbul: Uptick Rule Will Be Applied In The Session Dated 28 January 2022 In The Equity Market

Date 28/01/2022

It has been decided that the up-tick rule in short selling transactions to be valid for one day during the session dated 28 January 2022. Please click for the related Announcement.

Canadian Securities Regulators Adopt Amendments To National Instrument 94-101

Date 27/01/2022

The Canadian Securities Administrators (CSA) today announced amendments to National Instrument 94-101 Mandatory Central Counterparty Clearing of Derivatives (NI 94-101) and changes to Companion Policy 94-101 Mandatory Central Counterparty Clearing of Derivatives.

Measuring Pay Against Performance: Are Shareholders Getting Their Money’s Worth? SEC Commissioner Allison Herren Lee, Jan. 27, 2022

Date 27/01/2022

Financial incentives drive how executives perform in their role as fiduciaries to companies and their shareholders. Understanding what those incentives are and whether they are actually working – that is, if and how they link to company performance – is critical for investors in evaluating a company’s compensation practices.

ISDA - Transition To RFRs Review: Full Year 2021 And The Fourth Quarter Of 2021

Date 27/01/2022

The Transition to Risk-free Rates (RFRs) Review analyzes the trading volumes of over-the-counter (OTC) and exchange-traded interest rate derivatives (IRD) that reference selected alternative RFRs, including the Secured Overnight Financing Rate (SOFR), the Sterling Overnight Index Average, the Swiss Average Rate Overnight, the Tokyo Overnight Average Rate, the Euro Short-Term Rate and the Australian Overnight Index Average.

Kristin Snyder, Deputy Director Of Division Of Examinations, To Leave SEC

Date 27/01/2022

The Securities and Exchange Commission today announced that Kristin Snyder, Deputy Director of the Division of Examinations (EXAMS), is leaving the agency at the end of this month after more than 18 years of service. Joy Thompson has been named Acting Deputy Director and Acting Associate Director of the Private Funds Unit, and Natasha Vij Greiner has been named Acting Co-National Associate Director of the Investment Adviser/Investment Company (IA/IC) Examination Program.

CME Group: Record 1.3 Million SOFR Futures Contracts Traded On January 26 As Liquidity Continues To Shift To SOFR - SOFR Futures Open Interest Surpasses Record 2.8 Million Contracts

Date 27/01/2022

CME Group, the world's leading and most diverse derivatives marketplace, today announced that SOFR futures volume surpassed 1 million contracts for the first time, reaching a new, single-day trading volume record of 1,308,621 contracts and setting a new open interest (OI) record of 2,804,640 contracts on January 26.

Market Structure Updated Metrics

Date 27/01/2022

SEC Staff is pleased to provide you with the following updates:

•  Updated Metrics. Data series containing daily cancel-to-trade ratios, trade-order volumes, hidden rates, and odd-lot rate metrics for Q4 2021 are now available. This data extends to 120 total months the data series you can view in the data visualization tool as well as download in CSV format. The visualization for quote-life data now defaults to Q4 2021.

Statement On The Reopening Of Pay vs. Performance, SEC Commissioner Caroline A. Crenshaw, Jan. 27, 2022

Date 27/01/2022

In 2010, with the passage of the Dodd-Frank Act, Congress recognized the importance of increasing transparency and accountability in executive pay practices. As part of that executive compensation disclosure mandate, the Commission proposed a rulemaking in 2015 that would provide insight into the links between executive pay and company performance. Unfortunately, the Commission let that rule, like other Dodd-Frank rules, languish.

Moscow Exchange: Risk Parameters Change For The Security TDOC-RM

Date 27/01/2022

As per the Securities market risk parameters methodology, on 27.01.2022, 23-23 (MSK) the lower bound of the price band (up to 4669) and initial margins (up to 35 %) for the security TDOC-RM were changed. New values are available here