News Centre

SIX Exchange Regulation AG Reaches An Agreement With Sika Ltd

Date 30/12/2020

SIX Exchange Regulation AG (SER) has reached an agreement with Sika Ltd with regard to breaches of the provisions on regular reporting obligations. In the period from July 2018 to March 2019, Sika Ltd failed to comply with its regular reporting obligations on several occasions. As part of the agreement, the company has recognised the violations of the provisions on regular reporting obligations asserted by SER and has undertaken to implement and adhere to organisational measures.

Singapore Supports International Efforts To Strengthen IMF Resources Amidst The COVID-19 Pandemic

Date 30/12/2020

The Monetary Authority of Singapore (MAS) announced today that Singapore will renew its loan commitments to support multilateral efforts to strengthen the capacity of the International Monetary Fund (IMF).  These loan renewals will help boost the IMF’s resources to enable it to effectively play its role in safeguarding global economic and financial stability in response to the COVID-19 pandemic.

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

Date 29/12/2020

As per the Securities market risk parameters methodology, on 29.12.2020, 22-24 (MSK) the upper bound of the price band (up to 18808) and initial margins (up to 24.38 %) for the security BABA-RM were changed. New values are available here

New York State Department Of Financial Services Superintendent Lacewell Announces Grant Of DFS Trust Charter To Enable GMO To Engage In New York’s Growing Virtual Currency Marketplace

Date 29/12/2020

Superintendent of Financial Services Linda A. Lacewell announced today that the New York State Department of Financial Services (DFS) has granted a charter under New York Banking Law to GMO-Z.com Trust Company Inc., to operate as a limited liability trust company. With DFS approval, GMO is authorized to issue, administer, and redeem Japanese Yen and U.S. Dollar-pegged stablecoins in New York. The Japanese Yen stablecoin will be the first of its kind available to the public.  

Securities And Exchange Commission Statement On The Passing Of Jacob Stillman, Commissioner Hester M. Peirce, Acting Chairman Elad L. Roisman, Commissioner Allison Herren Lee, Commissioner Caroline A. Crenshaw, Dec. 29, 2020

Date 29/12/2020

Jacob (Jake) Stillman, who served the Commission for 55 years, including 17 as Solicitor, passed away last week. He was man of great character, a lawyer with unparalleled knowledge of the securities laws, and a beloved colleague.

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

Date 29/12/2020

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 first quarter of 2021 are determined.

GPW And BondSpot Simplify Catalyst

Date 29/12/2020

• Amendment of the GPW and BondSpot regulated market and the alternative trading system (ATS) rules is the first step towards simplification of Catalyst (bond market)
• New issues of corporate, municipal, and co-operative bonds will only be listed on the markets operated by GPW
• The amendments of the rules come into force on 1 July 2021
• The initiated reorganisation of the debt market will create a market structure with BondSpot as the Treasury bonds competence centre for retail and wholesale trade

Federal Reserve Extends Termination Date Of Main Street Lending Program Facilities To January 8, 2021 To Allow More Time To Process And Fund Loans That Were Submitted To Main Street Lender Portal On Or Before December 14, 2020

Date 29/12/2020

In order to allow more time to process and fund loans that were submitted to the Main Street lender portal on or before December 14, 2020, the Federal Reserve Board on Tuesday extended the termination date of the Main Street Lending Program facilities to January 8, 2021.

Tel-Aviv Stock Exchange Removes Trading Barriers: TASE CEO Will Be Authorized To Change The Minimal Size Of An Order - This Resolution Follows The Reduction Of The Minimal Order Size In The Equity Market From NIS 2,000 To Only NIS 500, To Enhancing Liquidity And Allowing The Public To Trade In Smaller Amounts

Date 29/12/2020

The Board of Directors of TASE approved (December 24, 2020), a resolution that authorizes the CEO of TASE to determine a minimal size of an order for a security that differs from that calculated according to TASE rules. This step is intended to avoid situations where a minimal order size, while consistent with the rules, impedes proper trading.

Bitcoin Dominance 'Inevitable' - Bitcoin Dominance 'Inevitable': Paolo Ardoino, CTO, Bitfinex

Date 29/12/2020

“Bitcoin dominance is inevitable after a tumultuous year that has seen the king of crypto surge in price from under US$4,000 in March to a new all-time high of above US$28,000. While a growing institutional presence has been part of the narrative of the current bull run, we may see increased retail interest in Bitcoin as a form of digital gold. This could also bolster interest in the many innovative projects coming to fruition within the digital token space.” commented, Paolo Ardoino, CTO at Bitfinex.