News Centre

Statement On Modernization Of The Accredited Investor Definition, SEC Chairman Jay Clayton, Aug. 26, 2020

Date 26/08/2020

Today, the Commission adopted final rules to modernize and add much needed flexibility to the definition of “accredited investor” by adding new categories of qualifying individuals and entities that have demonstrated financial sophistication such that they should not be excluded from the very large, multifaceted and important private capital markets.  The private capital markets are important to investors and issuers of various types, as well as our economy more generally.  The accredited investor definition is the principal test for investor participation in significant segments of our private capital markets.  It also plays an important role in other state and federal securities law contexts. 

Nadex Product Schedule For The UK Holiday On August 31, 2020

Date 26/08/2020

Due to the UK holiday on Monday, August 31, 2020, the FTSE 100 contracts will have a modified trading schedule.

Statement On Amending The “Accredited Investor” Definition, SEC Commissioner Hester M. Peirce, Aug. 26, 2020

Date 26/08/2020

Today’s cautious expansion of the accredited investor definition to include additional categories of natural persons and entities is a step in the right direction.  Series 7, 65, and 82 license holders and knowledgeable employees of private funds clearly have the knowledge and expertise to evaluate the merits and risks of an investment.  These newly minted accredited investors are not your typical mom and pop retail investors, a fact that should assuage the concerns of those that fear any expansion of the definition. 

Record Number Of Companies At Oslo Børs - Companies Are Flocking To Oslo Børs, And The Number Of Companies Listed Or Traded At Oslo Børs Is Now At Its Highest Level Since The Financial Crisis - Two New Companies Have Been Admitted Today: Aker Carbon Capture And Aker Offshore Wind

Date 26/08/2020

With the two companies admitted today, there are now 253 companies with shares listed on Oslo Børs or Oslo Axess or traded on Merkur Market. Not since 2008 has the number of companies listed or traded been so large.

SEC Modernizes The Accredited Investor Definition

Date 26/08/2020

The Securities and Exchange Commission today adopted amendments to the “accredited investor” definition, one of the principal tests for determining who is eligible to participate in our private capital markets.  Historically, individual investors who do not meet specific income or net worth tests, regardless of their financial sophistication, have been denied the opportunity to invest in our multifaceted and vast private markets.  The amendments update and improve the definition to more effectively identify institutional and individual investors that have the knowledge and expertise to participate in those markets. 

Tether (USDt) Surpasses PayPal And Bitcoin For Average Daily Transfer Value

Date 26/08/2020

Tether, the blockchain-enabled platform that powers the largest stablecoin by market capitalization, has eclipsed bitcoin and PayPal for average daily transfer value. The surge in demand for Tether (USDt) is indicative of its pivotal role in the digital asset space, and demonstrative of pent up demand for a technologically innovative alternative to archaic payment systems.

Binance.UK Joins Trade Association CryptoUK - The British Affiliate Of The World’s Largest Crypto Exchange Assumes A Seat On The Cryptoasset Association’s Executive Committee Alongside Coinbase, CoinShares, CrytpoCompare, eToro And Ripple

Date 26/08/2020

Binance.UK, the British affiliate of the global blockchain company behind the world’s largest cryptocurrency exchange, today announced it is joining CryptoUK, the U.K.’s self-regulatory trade association representing the digital asset sector, as an Executive Member.

Moscow Exchange: Risk Parameters Change On Securities Market

Date 26/08/2020

CCP NCC sets the following risk parameters on Securities market starting from August 27, 2020:

1. Market risk rates and concentration limits

1. Ban attribute on short selling will be cancelled:

Dubai Financial Services Authority Publishes Audit Monitoring Report

Date 26/08/2020

The DFSA has published its Audit Monitoring Report 2018 - 2019. Click here to download a copy.

Percival's CSD Solution Go Live In Iceland CSD

Date 26/08/2020

Percival’s DEPEND CSD solution and HUBBLE message-layer went into production on 24th August, 2020, at Iceland’s national CSD.