News Centre

Shanghai Futures Exchange Press Conference:Q&A On The Switch To Single-Counted Statistical Standard

Date 29/10/2019

As from January 1, 2020, Shanghai Futures Exchange (SHFE) and Shanghai International Energy Exchange (INE) will adjust their statistical standard for trading data to single-counted. An official from SHFE answered questions from market participants.

Moscow Exchange: Risk parameters change for the security SBCB

Date 29/10/2019

As per the Securities market risk parameters methodology, on 29.10.2019, 10-19 (MSK) the lower bound of the price band and initial margins (up to 18.75 %) for the security SBCB were changed. New values are available here

Juniper Research: Payment Platform Revenue To Surge To $158bn By 2024, With China Accounting For Half Of Global Spend- Revenue To Increase By 50% Between 2019 & 2024

Date 29/10/2019

New data from Juniper Research has shown that revenue from payment platforms that enables merchants to process payments will grow from $106 billion in 2019 to $158 billion by 2024. It forecasts over half of global revenue will be generated in China by 2024; primarily owing to its increasing affluence and vast usage of social payments such as WeChat Pay.

ASIC Extends Relief For Portfolio Holdings Disclosure

Date 29/10/2019

ASIC has amended ASIC Class Order [CO 14/443] to provide legal certainty about the first reporting day for portfolio holdings disclosure, given the regulations setting out the required disclosures have not yet been made.

B3: Ibovespa Breaks New Record And Reaches 108.187 Points

Date 28/10/2019

B3’s market performance index – Ibovespa – hit a record high today ending the day at 108.187 points, up 0.77% from last trading session.

Federal Court Orders Florida Company To Pay More Than $15 Million In Monetary Sanctions For Fraud And Illegal Transactions

Date 28/10/2019

The U.S. Commodity Futures Trading Commission today announced that the U.S. District Court for the Southern District of Florida entered a default judgment against defendants Aviv Michael Hen of New York, and Omega Knight 2, LLC, as well as a consent order against Erez Hen of Florida, for fraud and illegal, off-exchange precious metals transactions and failing to register with the CFTC.

US Federal Agencies Finalize Changes To Resolution Plan Requirements; Keeps Requirements For Largest Firms And Reduces Requirements For Smaller Firms

Date 28/10/2019

The Federal Reserve Board and the Federal Deposit Insurance Corporation on Monday announced that they had finalized a rule that modifies their resolution plan requirements for large firms. The rule retains resolution plan elements in place for the largest firms, while reducing requirements for smaller firms that pose less risk to the financial system.

CFTC Commissioner Stump Announces New GMAC Subcommittee On Margin Requirements For Non-Cleared Swaps - Global Markets Advisory Committee Seeking Subcommittee Membership Nominations

Date 28/10/2019

U.S. Commodity Futures Trading Commission Commissioner Dawn Stump today announced the Commission has voted to establish a Subcommittee on Margin Requirements for Non-Cleared Swaps under the Global Markets Advisory Committee (GMAC). Commissioner Stump, sponsor of the GMAC, is seeking nominations for membership on the new subcommittee through a request in the Federal Register. The deadline for the submission of nominations is November 12, 2019.

DTCC Appoints Lynn Bishop As Chief Information Officer - Bishop Assumes The CIO Post As DTCC Advances The Strategic Replatforming Of Its Technology And Provides Industry-Wide Leadership On FinTech

Date 28/10/2019

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced the appointment of Lynn Bishop as Chief Information Officer (CIO), effective immediately. In this role, Bishop is responsible for the ongoing development and testing of all the technology that supports DTCC’s post-trade infrastructure, communications networks, processing and messaging systems, as well as the IT applications underlying DTCC’s broad range of products and services. Bishop is a member of the firm’s Management Committee and now reports directly to DTCC’s CEO, Michael Bodson.

Intercontinental Exchange Launches ICE ETF Hub Enabling And Supporting The Next Phase Of Growth In ETFs

Date 28/10/2019

• Technology-enabled ecosystem aims to bring efficiency and standardization to the ETF primary market
• New protocols for creating and redeeming ETF orders