News Centre

FTSE Mondo Visione Index Up 0.4% In July - HKEX Benefits From China's Didi Crackdown

Date 09/08/2021

HKEX regained the top spot from CME Group as the largest exchange group by market capitalisation, benefitting from China's strengthening supervision of Chinese firms listed offshore and the tightening of rules for cross-border data flows.

SEC Charges International Microcap Fraud Scheme Participants

Date 09/08/2021

The Securities and Exchange Commission today announced an emergency action charging nine individuals, including a public company chairman, for their participation in long-running fraudulent schemes that collectively generated hundreds of millions of dollars from unlawful stock sales and caused significant harm to retail investors in the United States and around the world. The SEC has obtained emergency relief in court, including an order to freeze the defendants’ assets.

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

Date 09/08/2021

As per the Securities market risk parameters methodology, on 09.08.2021, 19-46 (MSK) the upper bound of the price band (up to 39394) and initial margins (up to 52.5 %) for the security MRNA-RM were changed. New values are available here

TMX Group Equity Financing Statistics – July 2021

Date 09/08/2021

TMX Group today announced its financing activity on Toronto Stock Exchange and TSX Venture Exchange for July 2021.

Moscow Exchange: Risk Parameters Change On Securities Market

Date 09/08/2021

CCP NCC changes PcH_max parameter value that defines price up limit on Securities market starting from August 10, 2021:

Nasdaq To Present At August 2021 Investor Conferences

Date 09/08/2021

Nasdaq (Nasdaq: NDAQ) will be presenting at the following conferences in August with webcasts available at Nasdaq’s Investor Relations Website: ir.nasdaq.com/events.cfm.

LME To Proceed With New Split Pricing Structure

Date 09/08/2021

• Confirmation that Official Prices will be determined in the Ring from 6 September, while Closing Prices remain electronically discovered
• Eight of the nine Category 1 members have indicated their support of Official Prices in the Ring
• New 12-month fee rebate programme introduced to support Category 1 members in adapting their business models
• All Ring sessions, except for the Official Pricing session, made voluntary in order to provide greater trading flexibility for Category 1 member teams, in accordance with consultation feedback
• Collaborative ongoing discussions with the Closing Prices Working Group, to further evolve the electronic closing prices methodology

Implementation Of Phase 5 of Uncleared Margin Rules (UMR): Comment By Bob Stewart, Executive Director Of Institutional Trade Processing (ITP), DTCC

Date 09/08/2021

Ahead of the upcoming implementation of Phase 5 UMR on 1 September, Bob Stewart, Executive Director of Institutional Trade Processing (ITP) at DTCC commented.

“In less than one month, Phase Five of the BCBS-IOSCO’s uncleared margin requirements (UMR) for uncleared OTC derivatives will be implemented. Phase Five requirements will capture the largest number of firms that trade derivatives, and therefore it is critical that in-scope firms have significantly advanced their preparations for compliance with the new rules. "

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

Date 09/08/2021

As per the Securities market risk parameters methodology, on 09.08.2021, 16-49 (MSK) the upper bound of the price band (up to 5789) and initial margins (up to 18.75 %) for the security TSN-RM were changed. New values are available here

In The Matter Of Poloniex, LLC, SEC Commissioner Hester M. Peirce, Aug. 9, 2021

Date 09/08/2021

Today’s enforcement action against Poloniex, once a popular crypto trading platform in the United States, doubles down on the Commission’s enforcement-centric approach to crypto. Poloniex, the Commission contends, was not registered as a national securities exchange nor did it operate pursuant to an exemption from registration at any time, and its failure to do so was a violation of Section 5 of the Exchange Act. There is just one minor problem—during the period at issue here (mid 2017 through 2019), the Commission was moving very cautiously with respect to regulated entities’ engagement with crypto assets. Sure, Poloniex could have tried to register as a securities exchange or, more likely, as a broker-dealer to operate an alternative trading system (ATS), a type of regulated trading venue that might be better able to accommodate non-traditional securities. Had it done so, it likely would have waited . . . and waited . . . and waited some more.