News Centre

The Bank Of London Joins Faster Payments, The UK's 24/7 Real-Time Payments System

Date 07/03/2022

The Bank of London, the leading-edge technology company and the world's first purpose-built global clearing, agency, and transaction bank, today announces it has become a Directly Connected Settling Participant (DCSP) of the Faster Payment System, the UK's 24*7 real-time payments infrastructure.

SEC Charges Previously-Barred Investment Adviser with Fraud

Date 07/03/2022

The Securities and Exchange Commission today charged a previously-barred North Carolina-based investment adviser with lying to retail investors about the use and value of their investments.

MIAX And Bermuda Stock Exchange Announce Participation In World Federation Of Exchanges' Ring The Bell For Gender Equality 2022 Ceremony

Date 07/03/2022

Miami International Holdings (MIH), the parent holding company of MIAX® and Bermuda Stock Exchange (BSX™), announced today that the two exchanges are participating in the World Federation of Exchanges Ring the Bell for Gender Equality ceremony on Tuesday, March 8, 2022. The campaign serves as a global initiative by exchanges around the world to foster greater gender equality and highlight the benefits of a diverse and inclusive workplace.

BIS: Cross-Border Regulatory Spillovers And Macroprudential Policy Coordination

Date 07/03/2022

Summary

Focus

Financial institutions and markets are highly interconnected. Accordingly, differences in national macroprudential policies can be an important source of international spillovers. Through cross-border regulatory arbitrage, these differences may lead to large swings in capital flows. In turn, the transmission of financial shocks across regions may be magnified – and financial risks exacerbated.  When global financial institutions can evade policy actions taken by regulators in their jurisdiction, financial cycles are not well synchronised across economies. Moreover, reverse spillovers are potentially significant.  However, prior coordination may improve global welfare. This is one of the rationales underlying Basel III's principle of reciprocity.

U.S. Department Of The Treasury: Under Secretary For Domestic Finance Nellie Liang Pens Op-Ed In The Washington Post On Stablecoins

Date 07/03/2022

Yesterday, Under Secretary for Domestic Finance Nellie Liang penned an op-ed in the Washington Post on stablecoins.

Europex Excludes The Saint Petersburg International Mercantile Exchange (SPIMEX) From Its Membership

Date 07/03/2022

Europex and its members are deeply concerned and saddened by the situation in Ukraine and strongly condemn the Russian-led invasion and ongoing aggression. In response to the Russian government’s actions against Ukraine, the General Assembly of Europex has decided to exclude the Saint Petersburg International Mercantile Exchange (SPIMEX) from the Association, effectively terminating their associate membership as of today.

MIAX Exchange Group - Daylight Saving Time - March 2022

Date 07/03/2022

Please be advised the MIAX Options, MIAX Pearl Options, MIAX Emerald Options and MIAX Pearl Equities Exchanges are scheduled to begin Daylight Saving Time at 2:00 AM on Sunday, March 13, 2022.  The MIAX Exchange Group will adjust the system times ahead 1 hour for trading beginning Monday, March 14, 2022.

Nasdaq Updates Trading Halt Status In Yandex N.V.

Date 07/03/2022

he Nasdaq Stock Market® announced that the trading halt status in Yandex N.V. (Nasdaq: YNDX) was changed to "additional information requested" from the company. Trading in the company’s stock had been halted on February 28, 2022 at 06:38:00 Eastern Time at a last sale price of $18.94.

UK Financial Conduct Authority: Recent Statements By Binance And Eqonex Limited

Date 07/03/2022

The FCA is aware of recent statements made by Eqonex Limited and the Binance Group confirming that an entity called Bifinity will advance a US$36 million convertible loan to EQONEX.

Physical Aluminum Transacted For First Time On CME Group's Electronic Auction Platform

Date 07/03/2022

CME Group, the world's leading derivatives marketplace, today announced that physical aluminum was transacted for the first-time ever on CME Group's electronic auction platform. On Thursday, March 3, 2022, 200 metric tons of P1020A aluminum were auctioned for delivery in Owensboro, Kentucky. The transaction was completed at a price of 35.50 cents per pound premium to CME Group's physically-delivered Aluminum futures March 2022 contract, which settled at $3767.75 per metric ton on the same day.