News Centre

SEC Charges Interactive Brokers With Repeatedly Failing To File Suspicious Activity Reports - Firm Will Pay A Total Of $38 Million In Penalties To Settle With Regulators

Date 10/08/2020

The Securities and Exchange Commission today announced that Interactive Brokers LLC will pay an $11.5 million penalty to settle charges it repeatedly failed to file Suspicious Activity Reports (SARs) for U.S. microcap securities trades it executed on behalf of its customers. In parallel actions, the Financial Industry Regulatory Authority (FINRA) and the Commodity Futures Trading Commission (CFTC) today announced settlements with Interactive Brokers related to anti-money laundering failures in which the registered broker-dealer agreed to pay penalties of $15 million and $11.5 million, respectively, for a total of $38 million in penalties paid to the three agencies.

CFTC Orders Interactive Brokers LLC To Pay More Than $12 Million For Anti-Money Laundering And Supervision Violations - First Case To Charge Violations Of CFTC’s Bank Secrecy Act Compliance

Date 10/08/2020

The Commodity Futures Trading Commission today filed and simultaneously settled charges against Interactive Brokers LLC, a registered futures commission merchant (FCM), for failing to diligently supervise its officers’, employees’, and agents’ handling of several commodity trading accounts and failing to adequately implement procedures to detect and report suspicious transactions as required under federal anti-money laundering (AML) laws and regulations. Brought in connection with the Division of Enforcement’s Bank Secrecy Act Task Force, this case marks the first CFTC enforcement action charging a violation of Regulation 42.2, which requires registrants to comply with the Bank Secrecy Act.

Federal Reserve Board Announces Individual Large Bank Capital Requirements, Which Will Be Effective On October 1

Date 10/08/2020

Following its stress tests earlier this year, the Federal Reserve Board on Monday announced individual large bank capital requirements, which will be effective on October 1.

TMX Group Equity Financing Statistics – July 2020

Date 10/08/2020

TMX Group today announced its financing activity on Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) for July 2020.

Moscow Exchange: Risk Parameters Change On Securities Market

Date 10/08/2020

CCP NCC changes PcH_max parameter value that defines price up limit for RKKE and MERF shares on Securities market starting from August 11, 2020:

Egypt’s Financial Regulatory Authority Approves EGX Reviewed Criteria Of Shares Eligible For Short Selling

Date 10/08/2020

The Financial Regulatory Authority (FRA) adopted the Egyptian Exchange's (EGX) proposal amending selection criteria of short selling, as a step to increase securities eligible to trade in this mechanism.

Effective August 10, 2020 Through August 14, 2020, MIAX Options And MIAX Emerald 2X Opening And Intraday Valid And Priority Quote Spread Relief In All Symbols

Date 10/08/2020

Issue Symbol: All Symbols
Multiplier: 2X
Reason: In maintenance of a fair and orderly market.
Time: Opening and Intraday
Subject Summary: Please be advised, effective August 10, 2020 through August 14, 2020, the MIAX Regulation Department has granted 2 times opening and intraday quote parameter relief for all symbols on MIAX Options and MIAX Emerald. 

Warsaw Stock Exchange Monthly Statistics For July 2020

Date 10/08/2020

Warsaw Stock Exchange Monthly Statistics for July 2020 is now available:

• For Main Market Statistics click here
• For NewConnect Alternative Market Statistics click here
• For Catalyst Bond Market statistics click here
• For Derivatives Statistic click here

Bank Of England: Results Of The Semi-Annual FX Turnover Surveys In April 2020

Date 10/08/2020

See the headline results from an April 2020 survey of 27 financial institutions that are active in the UK foreign exchange market.

Nasdaq And Dubai Gold & Commodities Exchange Sign Landmark Technology Agreement

Date 10/08/2020

Today Nasdaq (Nasdaq: NDAQ) and Dubai Gold & Commodities Exchange (DGCX) announced a major market technology agreement for Nasdaq to provide DGCX with a full suite of integrated marketplace solutions.