News Centre

CFTC Commitments Of Traders Reports Update

Date 14/06/2019

The current reports for the week of June 14, 2019 are now available.

Nigerian Stock Exchange Weekly Market Report For June 14th 2019

Date 14/06/2019

It was a four-day trading week as the Federal Government of Nigeria declared Wednesday 12th June 2019 as  Public Holiday to mark the Democracy Day celebrations.  

JonesTrading Outsourced White Paper - Outsourced Trading Vs. Insourced Trading: A Comprehensive Examination

Date 14/06/2019

Executive Summary

Receiving trading services for variable commission dollars is not a new concept—outsourced trading firms have roots dating back as far as hedge funds. However, over the last five years, there has been a dramatic shift in both the levels of service offered by outsourced trading firms and the types of clients they now serve. Due to the pressure on fees and other trends such as MiFID II, outsourced trading is one of the most talked about and fastest growing components in the alternative and traditional asset management industries.

The MiG Report - TSX - TSX Venture Exchange

Date 14/06/2019

• 42 Corporate Issuers
• 56 ETFs
• 28 CPCs 

SEC: Industrial And Commercial Bank Of China Affiliate To Pay More Than $42 Million For Improper Handling Of ADRs

Date 14/06/2019

The Securities and Exchange Commission today announced that Industrial and Commercial Bank of China Financial Services LLC (ICBCFS), a wholly-owned subsidiary of Industrial and Commercial Bank of China Limited, will pay more than $42 million to settle charges for improper handling of “pre-released” American Depositary Receipts (ADRs).  The settlement marks the largest recovery against a broker in the SEC’s ongoing investigation of ADR practices, which thus far has resulted in settlements with 10 financial institutions exceeding $414 million.

Nigerian Stock Exchange Set To Accelerate Islamic Finance In Nigeria - Partners REDmoney To Host IFN Nigeria Forum

Date 14/06/2019

The Nigerian Stock Exchange (NSE), in partnership with REDmoney Group, is set to hold the inaugural edition of the IFN Nigeria Forum themed, “Harnessing the Islamic Finance Sector for Infrastructure Development and Economic Growth”, on Tuesday, June 18, 2019, at the Eko Hotels and Suites, Lagos. The forum is aimed at promoting the growth and development of the Nigerian Islamic Finance industry and facilitate the growth of a new asset class in the capital market.

Cboe Plans To Introduce New Lead Market Maker Incentive Program For Its Cboe Listed ETP Marketplace

Date 14/06/2019

• Cboe continues to innovate with a new Lead Market Maker Incentive Program that incorporates enhanced market quality requirements
• Lead Market Makers on the Cboe Listed Marketplace planned to be rewarded for meeting certain quoting obligations and market quality metrics for Cboe-listed ETPs
• New program planned to become effective in the third quarter of 2019, subject to regulatory review

ACER Publishes Its Consolidated Annual Activity Report For 2018

Date 14/06/2019

ACER has published its Consolidated Annual Activity Report containing a summary of the activities carried out by the Agency last year. The document, adopted by ACER’s Administrative Board on 13 June 2019, contains information on the Agency’s main achievements and activities. 

Moscow Exchange: RUB Penalty Rate Change From June 17, 2019

Date 14/06/2019

Due to decision of CCP NCC starting from June 17, 2019:

• RUB Rollover Rate in FX and Precious Metals Market (SDRUB) will be changed to 15%.
• Upper REPO Penalty Rate (HPenRate) on Equity Market will be changed to 15%.

Finance By All, For All - Remarks By Mark Carney, Governor, Bank Of England, Given At Women In Banking And Finance 22nd Annual Awards, London

Date 14/06/2019

Mark Carney talks about what we’re doing to improve diversity in our workforce and welcomes new thinking on gender parity in the banking and finance industry.