News Centre

NGX, IFC Partner To Build Capacity On Green Bonds Issuance

Date 16/03/2022

Nigerian Exchange Limited (“NGX” or “The Exchange”) in collaboration with International Finance Corporation (IFC) – a member of the World Bank Group – hosted a training for issuers and market operators on the issuance of sustainable financial instruments on 10th and 11th March 2022. The training themed ‘Deep Dive in Green, Social and Sustainability Bonds Issuance’, is sponsored by the Kingdom of Netherlands and HSBC, delivered by Climate Bonds Initiative (CBI), and is the second in a series of engagements aimed further socializing sustainable financial products, particularly green bonds in Nigeria.

UK Financial Conduct Authority To Consult On Use Of 'Side Pockets' For Retail Funds With Exposure To Sanctioned And Suspended Russian Assets

Date 16/03/2022

The FCA has begun discussions with stakeholders about options to allow UK authorised retail funds to make exceptional use of 'side pockets' given the significant practical challenges in disposing of Russian and Belarussian assets in the context of suspensions and extensive global sanctions.

ACER: Europe’s Energy Regulators Stand With Ukraine In Today’s Power Grid Synchronisation With Continental Europe

Date 16/03/2022

• Energy regulators offer support in the emergency situation in Ukraine, and today’s successful power grid synchronisation with Continental Europe
• Regulators work to ensure stability of the European energy system and in particular in the Member States adjacent to Ukraine

SEC Charges Texas School District And Its Former CFO With Fraud In $20 Million Bond Sale

Date 16/03/2022

The Securities and Exchange Commission today charged Crosby Independent School District (Crosby ISD) and its former Chief Financial Officer, Carla Merka, with misleading investors in the sale of $20 million of municipal bonds in order to pay its outstanding construction liabilities and fund new capital projects. The SEC also charged Crosby’s auditor, Shelby Lackey, with improper professional conduct in connection with the audit of the school district’s 2017 fiscal year financial statements.

Tehran Stock Exchange To Close For New Year Holidays

Date 16/03/2022

Tehran Stock Exchange (TSE) celebrates the Persian New Year (Nowruz) with the offices closing from 20 March 2022. We wish everyone good health and prosperity.

Keynote Of CFTC Chairman Rostin Behnam At The FIA Boca 2022 International Futures Industry Conference, Boca Raton, Florida

Date 16/03/2022

Introduction

Good morning and thank you, Walt, for the kind introduction.  As I prepared these remarks, I reflected on my journey to this stage.  I also reflected on the many changes this industry has navigated in the recent past.  As the internet often takes you to unexpected places, I landed on a January, 2013 issue of Futures Industry (magazine).

GLMX Bolsters Executive Team To Support Next Phase Of Growth

Date 16/03/2022

GLMX Technologies LLC (“GLMX”), a comprehensive technology solution for trading money market instruments including repurchase agreements (repo) and securities lending, has announced the appointment of two senior executives: Gareth O'Loughlin as VP of Engineering and Joseph Russo as Director of Money Market Sales. Based in New York, they will support GLMX in its next phase of growth and play an important role in the firm’s development of a fully integrated digital ecosystem for trading front-end products.

ETFGI Reports The Global ETFs Industry Gathered US$105.88 Billion Of Net Inflows In February 2022

Date 16/03/2022

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs and ETPs ecosystem, reported today the global ETFs industry gathered US$105.88 billion in net inflows in February 2022, bringing year to date net inflows to US$182.28 Bn. At the end of the month, assets invested in the global ETFs industry decreased by 0.5%, from US$9.87 Tn at the end of January, to US$9.82 Tn, according to ETFGI's February 2022 Global ETFs and ETPs 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.)

The American Financial Exchange Applauds U.S. Omnibus Appropriations Bill Support For Choice In Libor Replacements

Date 16/03/2022

The American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing for American banks and financial institutions, applauds the passage of section 106 of the U.S. Omnibus Appropriations Bill signed today that supports choice in selection of replacement benchmarks to suit the needs of individual banks, companies, and institutions.

Versana, Founded By Top Global Banks, Launches To Transform The $5T Syndicated Loan Market - Fixed Income Veteran Cynthia E. Sachs Named Chief Executive Officer

Date 16/03/2022

Versana today announced its plans to launch a leading-edge, industry-backed syndicated loan platform, joining together banks, institutional lenders and their service providers to bring transparency, efficiency and velocity to this $5 trillion market.