News Centre

BOX Exchange Update: Adding Quote Timestamp Field To SAIL Protocol

Date 06/04/2020

BOX Exchange (“BOX”) recently distributed RC-2020-03 which detailed the updates BOX is making to its SAIL Protocol. The new field will allow BOX to report timestamps to the CAT that are related to quote data on behalf of Market Makers. All BOX Market Makers will be required to support the new field.

Cantor Fitzgerald Agrees To Pay $3.2 Million To Settle Charges For Providing Deficient Blue Sheet Data

Date 06/04/2020

The Securities and Exchange Commission today announced that Cantor Fitzgerald & Co. has agreed to pay $3.2 million to settle charges for providing the SEC with incomplete and inaccurate securities trading information known as “blue sheet data.”

Ontario Securities Commission Awards Over Half A Million To Whistleblower

Date 06/04/2020

The Ontario Securities Commission (OSC) has awarded CAD $525,000 to a company outsider who used their industry expertise to identify irregularities.

New York Attorney General James Moves To Modernize And Streamline Securities Filings In NYS - New Rules Will Move Filers To National Electronic Systems, Create Greater Protections For Investors

Date 06/04/2020

New York Attorney General Letitia James today took steps to streamline and enhance the oversight of the securities industry in New York by proposing new rules to modernize registrations with the Investor Protection Bureau (IPB) in the Office of the Attorney General. The new rules — which follow on the heels of procedural changes announced in response to the coronavirus disease 2019 (COVID-19) public health crisis on March 27, 2020 — will move filings and payments to standardized federal and multi-state systems. With these changes, New York’s registration procedures will better conform to the federal securities registration regime, cure industry confusion when it comes to certain registration requirements, and better track exam requirement compliance and disciplinary disclosures for thousands of investment advisers who provide investment advice to New Yorkers.

Autorité Des Marchés Financiers Reminds Quebeckers To Remain Vigilant Against Financial Fraud

Date 06/04/2020

The COVID-19 pandemic is creating a perfect environment for fraudsters, particularly for approaching potential investors. That is why the Autorité des marchés financiers (AMF) is launching an awareness campaign to help Quebeckers recognize, avoid and report any potential fraud attempts targeting them. From April 6 to May 25, 2020, fraud prevention messages will be broadcast on television, via the Internet and over social networks.

Federal Reserve Will Establish Facility To Facilitate Lending To Small Businesses Via The Small Business Administration's Paycheck Protection Program (PPP) By Providing Term Financing Backed By PPP Loans

Date 06/04/2020

To facilitate lending to small businesses via the Small Business Administration's Paycheck Protection Program (PPP), the Federal Reserve will establish a facility to provide term financing backed by PPP loans. Additional details will be announced this week.

FTSE Russell And JSE Launch Fixed Income Indexes

Date 06/04/2020

• Partnership combines FTSE Russell’s status as a leading global index provider with JSE’s regional expertise in fixed income
• Extends a longstanding equity index partnership to provide investors with a comprehensive range of fixed income indexes
• This extended offering now offers investors attractive multi asset capabilities across South African capital markets

EEX Acquires 100% Ownership Of KB Tech Ltd.

Date 06/04/2020

The European Energy Exchange (EEX) has successfully completed the 100% acquisition of UK based software company, KB Tech Ltd (KB Tech). Having completed all necessary closing conditions on Friday 3rd April, EEX now holds 100% of the shares of the company with immediate effect.

BME Admits A New Sustainable Bond To Trading From The Basque Goverment

Date 06/04/2020

• With a value of 500 million euros

GFT Wins Google Cloud 2019 Breakthrough Partner Of The Year Award For Europe, The Middle East And Africa Due To Consistent Outstanding Growth

Date 06/04/2020

• GFT helped transform a world-class, tier-one bank into an agile cloud first company
• Over 300 Google Cloud certified practitioners, one of the largest teams globally
• Recently launched services for Google Cloud’s Anthos
• Globally recognised for data analytics, security and application development Google Cloud Specialisations
• Authors of Tranquility Base – the ground-breaking open source Datacenter-as-code landing zone application
• GFT increased customer satisfaction rates and doubled Google Cloud revenue income within 12 months