News Centre

Canadian Securities Regulators Provide Temporary Relief To Public Companies With Delayed Annual Meetings Due To COVID-19

Date 01/05/2020

The Canadian Securities Administrators (CSA) announced today it is providing public companies with temporary blanket relief from certain filing and delivery requirements, which are generally tied to the sending of materials for annual general meetings (AGMs).

BOX Exchange Trading Floor Reopening Fees

Date 01/05/2020

On Monday, May 4, 2020, BOX Exchange LLC (“BOX”) will reopen its Trading Floor in Chicago.

WHO And European Investment Bank Strengthen Efforts To Combat COVID-19 And Build Resilient Health Systems To Face Future Pandemics

Date 01/05/2020

• WHO and the European Investment Bank enhance cooperation to support countries in addressing the health impact of COVID-19
• The first phase will address urgent needs and strengthen primary health care in ten African countries
• Enhanced WHO-EIB partnership will scale up financing to assure the chain of essential supplies, including personal protective equipment, diagnostics and clinical management
• New initiative will accelerate investment in health preparedness and primary health care with a focus on health work force, infrastructure, and water, sanitation and hygiene
• The initiative involves measures to address the growing threat of antimicrobial resistance

Federal Reserve Board Finalizes Rule To Extend By 18 Months The Initial Compliance Dates For Certain Parts Of Its Single-Counterparty Credit Limit Rule

Date 01/05/2020

The Federal Reserve Board on Friday finalized a rule to extend by 18 months the initial compliance dates for certain parts of its single-counterparty credit limit rule. The extension, which is unchanged from the proposal, applies to the combined U.S. operations of foreign banks and provides additional time for foreign jurisdictions' implementation of the standard to become effective.

MGEX Reports The Second-Best April In History

Date 01/05/2020

MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), reports that April 2020 as the second best April in history with a total exchange volume of 256,276 contracts. This past month also entered the record book as the 14th best overall month in history of the Exchange. The total exchange volume from this past month was also 7% higher compared to April 2019.

Bank Of England: Asset Purchase Facility (APF): Additional Corporate Bond Purchases – Market Notice 1 May 2020

Date 01/05/2020

This Market Notice describes the operation of the Bank of England’s Corporate Bond Purchase Scheme. It consolidates the currently effective provisions of previous Market Notices in relation to the Bank’s Corporate Bond Purchase Scheme and so replaces all previous Market Notices relevant to these operations.

MIAX Exchange Group - Options Markets - OPRA Failed Over To Secondary Site On Multiple Servers

Date 01/05/2020

Please be advised that OPRA experienced an issue on multiple primary servers due to an incorrect configuration.  The disconnect occured at 10:22:03 and reconnected at 10:22:08 Eastern Time.  

Autorité Des Marchés Financiers Is Now Supervising Mortgage Brokerage

Date 01/05/2020

The provisions of An Act mainly to improve the regulation of the financial sector, the protection of deposits of money and the operation of financial institutions pertaining to the transfer of supervision of the mortgage brokerage sector to the Autorité des marchés financiers (the “AMF”) come into force today. This is therefore also the day on which the related regulations made by the AMF come into effect.

Cboe Global Markets Reports Record Results For First Quarter 2020

Date 01/05/2020

First Quarter 2020 Highlights

• Diluted EPS for the Quarter of $1.42, Up 67 Percent
• Record Adjusted Diluted EPS¹ for the Quarter of $1.65, Up 48 Percent
• Record Net Revenue for the Quarter of $358.3 Million, Up 28 Percent
• Set New Quarterly Highs for Total Options and FX Volume
• EBITDA Margin¹ for the Quarter of 73.9 Percent, Up 820 bps
• Adjusted EBITDA Margin¹ for the Quarter of 74.2 Percent, Up 770 bps
• Returned $160 Million to Shareholders Through Share Repurchases and Dividends

Commenting On COVID-19’s Economic Impacts: By Frédérique Carrier, Head Of Investment Strategy, RBC Wealth Management

Date 01/05/2020

A clear trend this earnings season with respect to consensus estimates of COVID-19’s economic impacts is that consensus has generally underestimated the positive impact of stockpiling for the Consumer Staples and Health Care sectors.