News Centre

Appital Appoints Former Fidelity Head Of Capital Markets Greg Bennett And Founder Of Blackheath Capital Management Stephane Carty As Non-Executive Directors - Attracts Experience And Expertise To Board To Accelerate Growth

Date 16/07/2020

Appital, the Equity Capital Marketplace, today announced two senior board appointments to further accelerate its growth. Greg Bennett and Stephane Carty have been appointed as non-executive directors to support Appital’s mission to bring technological innovation and automation to equity capital markets.  Appital unlocks liquidity opportunities for buyside firms, including in small and medium cap stocks, enabling them to execute large volumes, often in excess of five days of Average Day Volume (ADV), with minimal market impact or risk of price erosion. 

IZNES Steps Up Its Development Across Europe

Date 16/07/2020

IZNES received the license to operate as an investment firm from the ACPR (France’s Prudential Supervision and Resolution Authority) on 19th of June 2020. 

Remarks By Mr Ravi Menon, Managing Director, Monetary Authority of Singapore, At The MAS Annual Report 2019/2020 Virtual Media Conference, On 16 July 2020

Date 16/07/2020

Good morning, and welcome to MAS’ first virtual media conference for the annual report. I hope everyone has been keeping well.

GLOBAL ECONOMY

Let me begin with the global economy. There are three points I’d like to make.

• The world is facing an unprecedented economic situation.
• The outlook is highly uncertain.
• Recovery will be uneven.

ISDA: Global IM Collected For Derivatives In The First Quarter Of 2020

Date 15/07/2020

During the first quarter of 2020, there was a significant increase in initial margin (IM) collected by global central counterparties (CCPs) for over-the-counter derivatives and exchange-traded derivatives (ETD).

Federal Reserve Board Announces Extension Of Rule Change To Bolster Effectiveness Of The Small Business Administration's Paycheck Protection Program

Date 15/07/2020

The Federal Reserve Board on Wednesday announced an extension of a rule change to bolster the effectiveness of the Small Business Administration's (SBA) Paycheck Protection Program (PPP). Like the earlier rule, the extension will temporarily modify the Board's rules so that certain bank directors and shareholders can apply to their banks for PPP loans for their small businesses.

U.S. Chamber CEO Tom Donohue Applauds NEPA Updates

Date 15/07/2020

U.S. Chamber of Commerce CEO Tom Donohue issued the following statement today applauding updates from the White House Council on Environmental Quality that modernize the National Environmental Policy Act (NEPA), a vital federal environmental law that has not seen major updates since it was adopted in 1970:

“It should not take longer for a project to get permitted than it does for it to be constructed, but unfortunately that is often the case in the United States today. After two decades of discussion about the need for reform, spanning multiple Administrations, we’re thankful that the Trump Administration has made this issue a priority and taken thoughtful action."

SEC - Credit Ratings, Procyclicality And Related Financial Stability Issues: Select Observations - COVID-19 Market Monitoring Group*

Date 15/07/2020

On April 24, the SEC announced the formation of an internal, interdisciplinary COVID-19 Market Monitoring Group.  This temporary, senior-level group was formed to assist the Commission and its various divisions and offices in (1) developing Commission and staff analyses and actions related to the effects of COVID-19 on markets, issuers and investors—including in particular our long-term Main Street investors, and (2) responding to requests for information, analyses and assistance from fellow regulators and other public sector partners on market matters arising from the effects of COVID-19. 

CalPERS Reports Preliminary 4.7% Investment Return For Fiscal Year 2019-20

Date 15/07/2020

CalPERS today reported a preliminary 4.7% net return on investments for the 12-month period that ended June 30, 2020. CalPERS assets at the end of the fiscal year stood at more than $389 billion.

CFTC Swaps Report Update

Date 15/07/2020

CFTC's Weekly Swaps Report has been updated, and is now available.

Nadex Product Schedule For The Japan Holidays On July 23 And 24, 2020

Date 15/07/2020

Due to the Japan holiday on Thursday, July 23, and Friday, July 24, 2020, the Japan 225 contracts will have a modified trading schedule.