News Centre

Nadex Temporarily Amends Binary Contracts Strike Width

Date 23/04/2021

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and Section 40.6(d) of the regulations promulgated by the Commodity Futures Trading Commission (the “Commission”) under the Act (the “Regulations”), North American Derivatives Exchange, Inc. (“Nadex”, the “Exchange”) hereby provides notice that due to increased volatility in the underlying markets upon which the Nadex contracts are based, Nadex made changes to the strike widths of various contracts during the week of April 19, 2021 as indicated in the Weekly Notice. 

ASIC To Extend Deadlines For 30 June 2021 Financial Reports And Amends ‘No Action’ Position For AGMs

Date 23/04/2021

ASIC will extend the deadline for both listed and unlisted entities to lodge financial reports (under Chapters 2M and 7 of the Corporations Act 2001) by one month for balance dates from 23 June to 7 July 2021 (inclusive).

Nadex Refrains From Listing Certain Contracts

Date 23/04/2021

Due to activity in the underlying markets upon which the Nadex contracts are based and pursuant to the authority granted in Nadex Rule 12.1(i), Nadex took the following actions: 

• No 5-Minute contracts were listed on trade date April 19, 2021 at the open of the Exchange at 6:00pm ET through 7:15pm ET; 5-Minute contracts were listed beginning with the 7:20pm ET expiration time;

TMX Group Announces Support Of Amended Shareholder Proposal

Date 22/04/2021

TMX Group today announced that, following discussions with SHARE as a representative of the Atkinson Foundation, it has agreed to support the Atkinson Foundation's amended shareholder proposal (the "Amended Proposal"), to be considered at TMX Group's Annual and Special Meeting of Shareholders on May 12, 2021 (the "Meeting").

ISDA derivatiViews: No Delay For US Dollar LIBOR

Date 22/04/2021

It’s tempting to look at the June 30, 2023 date set for the death of most US dollar LIBOR settings and see it as an 18-month delay. That is not the case. In fact, firms need to prepare to use alternative reference rates for most new trades from the start of next year, irrespective of which LIBOR they use.

SIFMA Statement On Reintroduction Of The American Infrastructure Bonds Act

Date 22/04/2021

SIFMA today released the following statement from president and CEO Kenneth E. Bentsen, Jr. on the reintroduction of the “American Infrastructure Bonds Act”:

CFTC Staff Issues Conditional Relief from Reporting Fully Collateralized Binary Option Data To Swap Data Repositories

Date 22/04/2021

The Commodity Futures Trading Commission today announced that the Division of Data, the Division of Market Oversight, and the Division of Clearing and Risk have provided no-action relief to KalshiEX LLC, a designated contract market, and LedgerX, LLC, a derivatives clearing organization, from reporting to swap data repositories, data for binary option transactions executed on or subject to the rules of Kalshi and cleared by LedgerX. The no-action relief also exempts Kalshi and LedgerX from certain related recordkeeping requirements, and is consistent with staff-level relief previously provided to other similarly situated designated contract markets and derivatives clearing organizations.

Remarks by US Secretary Of The Treasury Janet L. Yellen At The Leaders Summit On Climate

Date 22/04/2021

President Biden, Secretary Kerry, and other distinguished guests, I am honored to join you at today. The global community has only a short time to avoid the most catastrophic effects of climate change: We need a “sprinting start” now if we wish to achieve our goal of net-zero emissions by mid-century. President Biden has recommitted the United States to do its part to tackle this crisis and marshal the full capacity of the U.S. government.

US Federal Agencies Invite Comment On Proposed Rule For Income Tax Allocation Agreements

Date 22/04/2021

The federal bank regulatory agencies today invited comment on a proposed rule that updates and codifies existing guidance on income tax allocation agreements involving depository institutions and their affiliates.

BOX Options Market: New Features For FIX And SAIL Protocol

Date 22/04/2021

BOX Options Market LLC (“BOX”) will introduce the following features on May 3, 2021:

• Support of SubAccount, representing the Market Maker ID (MMID) at the OCC, in both FIX and SAIL protocol. 
• Introduction of BOX Internal FIX B5 protocol with updated Error Management.