News Centre

CFTC Orders U.S. Bank To Pay $6 Million And Oppenheimer To Pay $1 Million For Recordkeeping And Supervision Failures For Firm-Wide Use Of Unapproved Communication Methods

Date 19/03/2024

The Commodity Futures Trading Commission today issued two orders simultaneously filing and settling charges against U.S. Bank, N.A., a swap dealer, and against Oppenheimer & Co., Inc., an introducing broker, for failing to maintain and preserve records that were required to be kept under CFTC recordkeeping requirements and failing to diligently supervise matters related to their businesses as CFTC registrants.

The BME Pre Market Environment Welcomes KeyZell, Pharmamel y OpenWebinars And Reaches 25 Companies

Date 19/03/2024

• KeyZell is a biopharmaceutical company that fights cancer, Pharmamel researches and develops innovative medical therapies and OpenWebinars offers online technological information
• From the 41 companies that have joined this BME program, seven have already been incorporated into the financial markets

Cboe Global Markets Launches Options On Three New MSCI Indices

Date 19/03/2024

• Cboe MSCI World Index Options (MXWLD), Cboe MSCI ACWI Index Options (MXACW), and Cboe MSCI USA Index Options (MXUSA) are available for trading 
• MXWLD and MXUSA options are based on 1/100th of index value   
• Launch is part of broader initiative to expand Cboe's MSCI tradable product suite 

Moreliquid Partners With Tokeny To Tokenize HSBC Euro Liquidity Fund

Date 19/03/2024

moreliquid, a leading digital securities investment platform, today announced its groundbreaking initiative to tokenize the HSBC Euro Liquidity Fund by introducing the Moreliquid Money Market EUR (MMMEUR) token. This move signifies a major advancement in integrating traditional financial instruments with blockchain technology, offering institutional and high-net-worth investors a unique and dynamic way to engage with the Euro money markets.

M-PESA Safaricom Partners With Onafriq, Enabling The Flow Of Remittances To Ethiopia

Date 19/03/2024

M-PESA Safaricom has signed an International Money Transfer Agreement with Onafriq, Africa’s largest digital payments network, operating in 40 African countries, to help streamline remittance flows to Ethiopia.

Plato Releases Independent Research On Tick Size, Market Quality, And Market Structure

Date 19/03/2024

Plato today published independent academic research titled “Tick Size, Market Quality, and Market Structure.” The research has been commissioned as part of Plato's MI3 Market Innovator initiative, which aims to advance market transparency and efficiency through commissioning independent academic research on key topics chosen by the committee.

Genesis Agrees To Pay $21 Million Penalty To Settle SEC Charges

Date 19/03/2024

The Securities and Exchange Commission today announced that Genesis Global Capital, LLC agreed to a final judgment ordering it to pay a $21 million civil penalty and imposing a permanent injunction to settle charges that it engaged in the unregistered offer and sale of securities through a crypto asset lending program known as the Gemini Earn program. Under the terms of the settlement, the SEC will not receive any portion of the penalty until after payment of all other allowed claims by the bankruptcy court, including claims by retail investors in the Gemini Earn program.

February Corporate And Municipal CUSIP Request Volumes Rise Sharply

Date 19/03/2024

CUSIP Global Services (CGS) today announced the release of its CUSIP Issuance Trends Report for February 2024. The report, which tracks the issuance of new security identifiers as an early indicator of debt and capital markets activity over the next quarter, found a sharp monthly rise in request volume for new corporate and municipal identifiers.

Abu Dhabi Securities Exchange (ADX) Partners With Eureeca To Expand Access To Its IPOs For International Investors Through Eureeca’s Global Digital Investment Platform

Date 19/03/2024

• In a pioneering first initiative, the ADX-Eureeca collaboration will offer international investors compliant and user- friendly access to ADX IPOs. This endeavor aims to enhance international investor engagement on ADX whilst also expanding Eureeca's offerings by including ADX IPOs.
• ADX's collaboration with Eureeca capitalises on the Exchange’s robust e-IPO investor portal, highlighting its commitment in simplifying the IPO investment process while leveraging Eureeca’s multinational regulatory framework and advanced technology with the aim of improving access to ADX IPOs for regional and international investors.

CCP Global Responded To CFTC NPR On Protection Of CM Funds Held By DCOs

Date 19/03/2024

CCP Global has responded to CFTC’s NPR on Protection of CM Funds Held by DCOs. To read the response, please click here.