News Centre

Statement On The Staff ESG Risk Alert, SEC Commissioner Hester M. Peirce, April 12, 2021

Date 12/04/2021

On Friday, the SEC’s Division of Examinations published a risk alert, describing the areas on which the staff is focusing in examinations of registered investment advisers’ and funds’ ESG offerings. This alert comes as many financial firms are finding gold in the green—they are offering ESG products because it is lucrative to do so. Therefore, as I have noted previously, asset manager accountability in the ESG space is important. Firms claiming to be conducting ESG investing need to explain to investors what they mean by ESG and they need to do what they say they are doing. This same rule applies no matter what label an adviser puts on its products and services. I commend the staff for seeking, through this alert, to aid firms and their compliance officers in assessing their ESG claims and practices preemptively in their own organizations.

MIAX Exchange Group - Options & Equities Markets - Reg SCI / SIFMA BCP Testing on Saturday, October 23, 2021

Date 12/04/2021

Overview:

The MIAX Exchange Group will be participating in the 2021 SIFMA BCP Testing on Saturday, October 23, 2021.  All members that are required to test with MIAX Options, MIAX Pearl Options, MIAX Emerald Options and/or MIAX Pearl Equities Exchanges in accordance with Regulation Systems Compliance and Integrity (Regulation SCI) have been notified.  However, all members are encouraged to test. 

Ontario Securities Commission Study Finds Pandemic Has Significant Impact On Retail Investors

Date 12/04/2021

The Ontario Securities Commission (OSC) today released a new study that explores the impact of the pandemic on the behaviours and attitudes of retail investors. This study is part of the OSC’s ongoing efforts to monitor the impact of the pandemic on investors and markets.

ESMA Issues Latest Double Volume Cap Data

Date 12/04/2021

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has today updated its public register with the latest set of double volume cap (DVC) data under MiFID II.

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

Date 12/04/2021

As per the Securities market risk parameters methodology, on 12.04.2021, 19-03 (MSK) the upper bound of the price band (up to 19792) and initial margins (up to 22.5 %) for the security BABA-RM were changed. New values are available here

BIS: Futures-Based Commodity ETFs When Storage Is Constrained

Date 12/04/2021

Key takeaways

• Exchange-traded funds (ETFs) that hold futures contracts on commodities are an important link between commodity markets and financial markets.
• When commodity storage capacity is constrained, investor flows into ETFs holding futures can lower, instead of raise, commodity prices due to potentially high costs of physical storage.
• April 2020 briefly witnessed negative prices for the nearest-maturity futures contract on WTI oil, possibly due to such a combination of storage constraints and investor flows into ETFs.

ACER Consults On The Cross-Border Capacity Allocation Methodologies For The Exchange Of Balancing Capacity In 19 EU Member States

Date 12/04/2021

The European Union Agency for the Cooperation of Energy Regulators (ACER) launches today a public consultation on the cross-border capacity allocation methodologies for the exchange of balancing capacity in the Hansa, Core and Baltic regions, covering 19 EU Member States.

CISI Introduces New Sustainable And Responsible Investment Course For Practitioners To Help Unravel The Jargon Around Ethical Finance

Date 12/04/2021

The Chartered Institute for Securities & Investment (CISI) has introduced a new online, intermediate-level course covering the important area of sustainable and responsible investment, that provides the knowledge and information to unravel the jargon for financial services practitioners.

Bitfinex Launches Live Chat Customer Support

Date 12/04/2021

Bitfinex, a state-of-the-art digital token trading platform, has launched live customer support, providing the exchange’s growing user base with instant access to its industry-renowned customer service team.

Bank Of England: The Global Outlook, International Trade And Resilience - Slides By Silvana Tenreyro, Presented At International Policy Talks: Economic Shocks And Trade Webinar

Date 12/04/2021

Slides