News Centre

“Block Trade” Definition Compliance Begins May 25, Ending Staff CFTC Provided No-Action Relief

Date 23/05/2022

The Commodity Futures Trading Commission’s Division of Market Oversight (DMO) today reminds swap execution facilities (SEFs) that the block trade no-action relief provided in CFTC Staff Letter No. 20-35 will expire on May 25. Beginning that day SEFs are required to comply with the amended definition of “block trade” under CFTC Regulation 43.2.

Efficient And Transparent Energy Markets Should Be At The Heart Of The Commission’s REPowerEU Plan Rather Than Put Into Question

Date 23/05/2022

Europe continues to face challenges to its energy system, both in terms of high energy prices and the sustained uncertainty about its future security of supply caused in large part by the ongoing Russian invasion of Ukraine. Europex has been continuously supportive of the European Commission’s communications on using market-based instruments to address high energy prices (e.g. the tool box proposal of October 2021) and diversify Europe’s energy supply. However, as regards the new REPowerEU Plan published on 18 May, we have serious concerns about several of the proposed short-term emergency measures as they risk threatening the integrity and functioning of the Internal Energy Market. Particularly, we deem the suggestion to introduce an EU-wide natural gas price cap in case of a full disruption of Russian gas deliveries as well as the proposal to tolerate subsidies for fuel costs in power production to be highly market distortive with durable negative impacts on the functioning of the overall EU Internal Energy Market. Both measures have also been rated distinctly market distortive in the recent ACER Final Assessment of the EU Wholesale Electricity Market Design.

Lhyfe Lists On Euronext Paris

Date 23/05/2022

• €110 million raised

• Market capitalisation of €410 million

• 3rd listing of a cleantech company on Euronext Paris in 2022

• 13th listing on Euronext Paris in 2022

• 30th listing on Euronext in 2022

Montréal Exchange's Markets Closed Today, May 23, 2022

Date 23/05/2022

The Exchange's markets are closed today, May 23, 2022.

SEC Charges BNY Mellon Investment Adviser For Misstatements and Omissions Concerning ESG Considerations

Date 23/05/2022

The Securities and Exchange Commission today charged BNY Mellon Investment Adviser, Inc. for misstatements and omissions about Environmental, Social, and Governance (ESG) considerations in making investment decisions for certain mutual funds that it managed. To settle the charges, BNY Mellon Investment Adviser agreed to pay a $1.5 million penalty.

MIAX Exchange Group - Holiday Schedule - Memorial Day 2022

Date 23/05/2022

Please be advised that the MIAX Options Exchange, MIAX Pearl Options Exchange, MIAX Emerald Options Exchange and MIAX Pearl Equities Exchange will be closed on Monday, May 30, 2022 in observance of Memorial Day.

CareTrust REIT Completes Listing Transfer To The New York Stock Exchange

Date 23/05/2022

The New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, announced that CareTrust REIT, Inc. (NYSE: CTRE) completed its listing transfer and began trading today as an NYSE-listed company.

Tehran Stock Exchange To Handle More IPOs Based On Market Status

Date 23/05/2022

"There are numerous and diverse stakeholders in the Iran's capital market", referring to the current conditions of Iran capital market, Mahmoud Goudarzi, Tehran Stock Exchange’s CEO mentioned, and added that accordingly, Securities and Exchange organization (SEO), as the supervisory body and the exchanges, as executive arms have various functions. Tehran Stock Exchange (TSE), in turn, has put the plan of admission of companies, specially, large companies into its schedule in order to deepen and diversify the market.

Yokahu Launches With Four Caribbean Brokers - First Partners For Parametric Insurtech Offering Its Unique Hurricane Insurance Emergency Expenses Product

Date 23/05/2022

Yokahu, an insurtech using parametric underwriting and data visualisation to provide Hurricane/Tropical Cyclone protection, announces today the launch of strategic partnerships with four key insurance brokers based in the Caribbean: BCMG Insurance Brokers Limited in Jamaica; Colina General Insurance Agents and Brokers in The Bahamas; W J M Holdings Inc in Saint Lucia; and Caribbean Risk Group LLC in the US Virgin Islands.

VC Funding Of $20.6bn Raised By Chinese Start-Ups During January To April 2022, Finds GlobalData

Date 23/05/2022

A total of 1,265 venture capital (VC) funding deals were announced in China during January-April 2022 while the disclosed funding value of these deals stood at US$20.6bn according to GlobalData. The leading data and analytics company’s Financial Deals Database reveals that this was the highest VC funding amount raised by any Asia-Pacific (APAC) country.