News Centre

SCA, ADX, And DFM Take Initiatives To Deal With Financial Market Conditions

Date 18/03/2020

Short selling activity, banned by supervisory authorities, is halted in the country’s markets.

Covid-19 Message From MexDer’s CEO, José Miguel De Dios Gómez: Notice to Clearing Members, Trading Members and Participants – Preventive Actions

Date 18/03/2020

For MexDer, Mercado Mexicano de Derivados, S.A. de C.V. (“MexDer) the safety of its employees and providing optimal services is the highest priority.

Nodal Exchange And Nodal Clear: COVID-19 Preparedness

Date 17/03/2020

Nodal Exchange and Nodal Clear (collectively “Nodal”) appreciate that the Nodal customer community is addressing the potential for adverse impact that recent developments regarding COVID-19 may have on our financial community.  Nodal is closely monitoring the situation.  Likewise, multiple companies are responsibly and diligently requesting similar information from us, as we are from them. Nodal understands that we are all in this together and we appreciate and rely upon everyone’s roles in serving the needs of our financial community during this time.

Nadex Temporarily Refrains From Listing Contracts

Date 17/03/2020

On trade date March 17, 2020, North American Derivatives Exchange, Inc. (“Nadex”, the “Exchange”), due to the activity in the underlying markets upon which the Nadex contracts are based, and pursuant to the authority granted in Rule 12.1(i), Nadex took the following actions:

• US Indices Daily Call Spread and Binary contracts were not listed for the open of trade date March 17, 2020.These contracts were listed for trading beginning at 6:20pm ET and 6:21pm ET, respectively

Update On Consolidated Audit Trail - Temporary COVID-19 Staff No-Action Letter - Reducing Cybersecurity Risks, SEC Chairman Jay Clayton, March 17, 2020

Date 17/03/2020

The consolidated audit trail (“CAT”) is intended to enhance regulatory oversight of our securities markets.  Our equities and options markets operate through multiple exchanges and other venues and the CAT will facilitate cross-market oversight and analysis, thereby improving investor protection and market integrity.  The CAT NMS Plan governing the CAT was approved in November 2016 and required the development of the CAT by FINRA and the national securities exchanges (collectively, the “SROs”). According to the CAT NMS Plan, broker-dealers were to start reporting to the CAT by November 2018. While the SROs were unable to establish an operational CAT by November 2018, the SROs have made progress with respect to testing in advance of broker-dealer reporting including opening the test environment for broker-dealer reporting in December 2019 and continued roll-out of functionality into that environment earlier this year.

ASIC: Societe Generale Securities Australia Pty Ltd Charged With Breaching Client Money Obligations

Date 17/03/2020

On 17 March Societe Generale Securities Australia Pty Ltd (SGSAPL) appeared in the Downing Centre Local Court in Sydney on criminal charges, including two counts of failing to pay client money into segregated authorised bank accounts and two counts of failing to comply with requirements relating to a client money bank account.

CFTC Issues Second Wave Of Relief To Market Participants In Response To COVID-19

Date 17/03/2020

The Commodity Futures Trading Commission today announced the Division of Market Oversight (DMO) has issued three no-action letters providing temporary, targeted relief to swap execution facilities (SEFs) and certain designated contract markets (DCMs) in response to the COVID-19 (coronavirus) pandemic.

Federal Reserve Board Announces Establishment Of A Primary Dealer Credit Facility (PDCF) To Support The Credit Needs Of Households And Businesses

Date 17/03/2020

To support the credit needs of American households and businesses, the Federal Reserve Board on Tuesday announced that it will establish a Primary Dealer Credit Facility, or PDCF. The facility will allow primary dealers to support smooth market functioning and facilitate the availability of credit to businesses and households.

Intercontinental Exchange Sets Date For 2020 Annual Meeting Of Stockholders

Date 17/03/2020

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges, clearing houses and provider of data and listings services, will hold its 2020 Annual Meeting of Stockholders on Friday, May 15, 2020 at 8:30 a.m. ET at The St. Regis Atlanta*. The proxy statement and admission procedures will be available in late March for stockholders of record as of March 17, 2020. A live audio webcast and replay of the annual meeting will be available on the company’s website www.theice.com in the investor relations and media section.

Public Employee Pension Checks Will Support Texas Economy As Recession Looms

Date 17/03/2020

The association representing Texas pension systems for public employees has confirmed that retirement checks for retirees will be delivered on time as expected in coming months and will serve to bolster local economies in the recession likely to occur because of the COVID-19 pandemic.