News Centre

CFTC’s Market Risk Advisory Climate Subcommittee Seeks Public Comments

Date 17/04/2020

The Commodity Futures Trading Commission announced that it is inviting public comment on topics and issues being addressed by the Climate-Related Market Risk Subcommittee (Subcommittee) of the Market Risk Advisory Committee (MRAC).  Submissions must be received by May 14, 2020.

World Bank Group And IMF Mobilize Partners In The Fight Against COVID-19 In Africa

Date 17/04/2020

The World Bank Group and International Monetary Fund today convened African leaders, bilateral partners, and multilateral institutions to spur faster action on COVID-19 response in African countries. H.E. Cyril Ramaphosa of South Africa, United Nations Secretary General Antonio Guterres, Director General of the WHO Dr. Tedros Adhanom Ghebreyesus, Africa Union Commission Chairperson Moussa Faki Mahamat, and officials of individual countries outlined their policy plans for effective use of resources, multilateral organizations including the United Nations pledged their continued support, and bilateral partners reemphasized their commitment to a debt standstill beginning May 1, 2020. This comes in response to calls from the World Bank Group President Malpass, International Monetary Fund Managing Director Georgieva, and other partners for creditors to suspend debt repayments in order to provide much-needed support to the poorest countries.

CFTC Commitments Of Traders Update

Date 17/04/2020

The current reports for the week of April 14, 2020 are now available.

Moscow Exchange: Risk Parameters Change For The Securities - Update

Date 17/04/2020

The following risk parameters will be changed:

IR risk (downward scenario) - SECΔ_1 (Y0/Y1)

Nadex Temporarily Amends Binary Contracts Strike Width

Date 17/04/2020

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and Section 40.6(d) of the regulations promulgated by the Commodity Futures Trading Commission (the “Commission”) under the Act (the “Regulations”), North American Derivatives Exchange, Inc. (“Nadex”, the “Exchange”) hereby provides notice that due to increased volatility in the underlying markets upon which the Nadex contracts are based, Nadex made changes to the strike widths of various contracts during the week of April 13, 2020 as indicated in the Weekly Notice. 

Grant Vingoe Assumes New Role As Acting Ontario Securities Commission Chair And CEO

Date 17/04/2020

The Ontario Securities Commission (OSC) has a new leader in Grant Vingoe who is now the Acting OSC Chair and Chief Executive Officer, effective April 15, 2020, following the departure of outgoing OSC Chair and CEO Maureen Jensen who announced her resignation in January.

Canadian Securities Regulators Temporarily Increase Short-Term Borrowing Limits For Mutual Funds Investing In Fixed Income

Date 17/04/2020

The Canadian Securities Administrators (CSA) today issued temporary blanket relief that permits mutual funds to engage in additional short-term borrowing from April 17, 2020 to July 31, 2020. The conditional temporary relief is available to any mutual fund in Canada that invests a portion of its assets in fixed income securities, including equity funds holding a portion of fixed income securities.

CFTC: New York Federal Court Orders Defendants To Pay More Than $595,000 For Forex Solicitation Fraud And Misappropriation

Date 17/04/2020

The Commodity Futures Trading Commission today announced that the U.S. District Court for the Southern District of New York entered an order of consent judgment against Jason Amada and his company Amada Capital Management LLC, both of New York, finding they fraudulently solicited more than $680,000 from 18 clients to open individually managed off-exchange foreign currency (forex) accounts and misappropriated client funds.

EACH Statement On The Transition From EONIA To €STR Discounting Regime

Date 17/04/2020

The Members of the European Association of CCP Clearing Houses (EACH) have recently been in contact with the working group on euro risk-free rates with regard to the transition from an EONIA discounting regime to a €STR discounting regime that was planned for Monday 22 June 2020.

Nigerian Stock Exchange Weekly Market Report For April 17th 2020

Date 17/04/2020

It was another four-day trading week as the Federal Government of Nigeria declared Monday 13th April 2020 (Easter Monday) as Public Holiday in commemoration of the Easter celebrations.