News Centre

Credit Suisse Trading Update - US Hedge Fund Default

Date 29/03/2021

A significant US-based hedge fund defaulted on margin calls made last week by Credit Suisse and certain other banks. Following the failure of the fund to meet these margin commitments, Credit Suisse and a number of other banks are in the process of exiting these positions. While at this time it is premature to quantify the exact size of the loss resulting from this exit, it could be highly significant and material to our first quarter results, notwithstanding the positive trends announced in our trading statement earlier this month. We intend to provide an update on this matter in due course. 

Broadridge Extends Capital Markets Franchise With Acquisition Of Itiviti

Date 29/03/2021

• Significantly expands Broadridge’s Capital Markets franchise by extending into the front office and strengthening multi-asset capabilities
• Drives additional global scale and enhances its ability to serve global clients
• Expected to generate strong returns and be accretive to recurring revenue growth, margins, and Adjusted EPS growth
• Positions Broadridge to deliver at higher end of its three-year financial objectives

Dubai Financial Services Authority Consults On Regulation Of Security Tokens

Date 29/03/2021

The Dubai Financial Services Authority (DFSA) today published its “Framework for Regulating Security Tokens” for public consultation for a period of 30 days.

Tokyo Commodity Exchange: Public Comments On Trading Rules Revisions To Handling Of Cases Where There Are Deficiencies In Notices Of Transaction Details Due To System Failure, Etc.

Date 29/03/2021

TOCOM will solicit comments on the trading rules revisions from the public in a manner described below. Please submit your comments following this guideline.

The DSB Opens RFI On Reference Data Provider For Provision Of Underlier Identifiers For UPI

Date 29/03/2021

The Derivatives Service Bureau (DSB), founded by the Association of National Numbering Agencies (ANNA) to facilitate the allocation and maintenance of International Securities Identification Numbers (ISINs), Classification of Financial Instrument codes (CFIs) and Financial Instrument Short Names (FISNs) for OTC derivatives, has today opened a Request for Information (RFI) process to identify a reference data provider for provision of underlier identifiers for the Unique Product Identifier (UPI).

Borsa İstanbul Announces Constituent Changes To The BIST-KYD Fund Indices For The Second Quarter Of 2021

Date 29/03/2021

Referring to article 3.3. of the BIST-KYD Indices Ground Rules, constituent changes to the BIST-KYD Fixed Income Fund Index and BIST-KYD Equity Fund Index for the second quarter of 2021 are determined.

MoU Signed Between Dubai Multi Commodities Centre And UAE Securities And Commodities Authority

Date 29/03/2021

The MoU establishes a regulatory framework for the offering, issuance, listing, and trading of crypto assets on DMCC

Borsa Istanbul: Extending The Implementation Of The Uptick Rule For Short Sale

Date 29/03/2021

The implementation of the uptick rule has been extended to 29/03/2021. Please click fort he related Announcement.

Prestige Funds Launches Dedicated Islamic - Impact Fund For UK Agri And Renewables Financing

Date 29/03/2021

ASIC Adopts ‘No-Action’ Position And Re-Issues Guidelines For Virtual Meetings

Date 29/03/2021

ASIC had adopted a ‘no-action’ position in relation to the convening and holding of virtual meetings. This position is a temporary measure.