News Centre

ESMA Publishes Latest Edition Of Its Newsletter

Date 06/07/2023

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published its latest edition of the Spotlight on Markets Newsletter.

ETC Group Makes Changes To Senior Management Team

Date 06/07/2023

ETC Group, Europe's leading provider of digital asset-backed securities, announced today that it has made some changes within the senior management team to better align its overall governance structure with Group strategy.

London Stock Exchange Group PLC Transaction In Own Shares

Date 06/07/2023

London Stock Exchange Group plc (LSEG) announces that it has purchased the following number of its voting ordinary shares of 6^79/86 pence each on the London Stock Exchange through its corporate stockbroker Citigroup Global Markets Limited (Citi) as part of the third tranche of its share buyback programme, as announced on 20 March 2023:

Shanghai Gold Exchange Data Highlights - June, 2023

Date 06/07/2023

Click here to download Shanghai Gold Exchange's data highlights.

UK Financial Conduct Authority: Asset Managers Told To Review Liquidity Management In Funds

Date 06/07/2023

The Financial Conduct Authority (FCA) has reviewed liquidity management in asset managers and found that firms need to increase their focus on liquidity risk. As things stand, gaps observed in liquidity management could lead to a risk of investor harm. 

Singapore's Sustainability Reporting Advisory Committee Recommends Mandatory Climate Reporting For Listed And Large Non-Listed Companies

Date 06/07/2023

The Accounting and Corporate Regulatory Authority (ACRA) and Singapore Exchange Regulation (SGX RegCo) have launched a public consultation on the recommendations by the Sustainability Reporting Advisory Committee (SRAC) to advance climate reporting in Singapore. The recommendations require Listed Issuers to lead the way and report International Sustainability Standards Board (ISSB)-aligned climate-related disclosures (CRDs) starting from financial year 2025 (FY2025). Large Non-Listed Companies with annual revenue of at least $1 billion will follow suit in FY2027. The public consultation will run from 6 July 2023 to 30 September 2023.

ASX Group Monthly Activity Report June 2023

Date 06/07/2023

Trading – Cash Markets (including equities, interest rate and warrant trades)

• In June 2023, the average daily number of trades was down 26% on the pcp. The average daily value traded onmarket of $5.705 billion was down 19% on the pcp. 
• Volatility (as measured by the average daily movement in the All Ordinaries Index) was 0.6% in June, down 0.5% on the pcp. 
• Future volatility (as measured by the S&P/ASX 200 VIX) in June was an average of 11.9, down 36% on pcp.

Statement Of CFTC Commissioner Kristin N. Johnson: Let’s Stop Forex Ponzi Schemes

Date 05/07/2023

Today, the Commodity Futures Trading Commission (CFTC or Commission) announced that it filed proposed Consent Orders with the U.S. District Court for the Middle District of Florida resolving claims against Daniel Cologero; Surujpaul Sahdeo; Randy Rosseau; Hemraj Singh; Green Knight Investments, LLC; Bull Run Advantage, LLC; SR&B Investment Enterprises, Inc.; and King Royalty, LLC (collectively, “Settling Defendants”), resolving claims originally brought on September 9, 2020.  As the Consent Order indicates, Settling Defendants are accused of orchestrating a foreign exchange (forex) operated by a different, non-settling defendant, Avinash Singh, and his company, Highrise Advantage LLC (Highrise). Singh fraudulently solicited and misappropriated funds through Highrise, which he operated as a master commodity pool, with the Settling Defendants operating (or being) feeder pools that directed participant funds to Highrise.

Fiserv To Transfer Senior Notes Listings To New York Stock Exchange

Date 05/07/2023

Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology solutions, today announced that it is transferring the listings of its 1.125% Senior Notes due 2027, 1.625% Senior Notes due 2030, 2.250% Senior Notes due 2025, 3.000% Senior Notes due 2031 and 4.500% Senior Notes due 2031 to the New York Stock Exchange (NYSE) from the NASDAQ Global Market (NASDAQ). The company expects the Senior Notes to begin trading on the NYSE July 18, 2023, under new tickers, as detailed in the table below. The Senior Notes will continue to trade on NASDAQ until the transfer is complete.

CFTC: Federal Court Orders Four Feeder Fund Operators And Their Principals To Pay Over $10 Million In Restitution And Penalties For Forex Fraud

Date 05/07/2023

The Commodity Futures Trading Commission today announced Judge Carlos Mendoza of the U.S. District Court for the Middle District of Florida entered consent orders against Florida residents Surujpal Sahdeo, Daniel Cologero, and Randy Rosseau and New Jersey resident Hemraj Singh, and their respective companies SR&B Investment Enterprises, Inc., Green Knight Investments, LLC, Bull Run Advantage, LLC, and King Royalty, LLC, whose feeder funds operated as commodity pool frauds against their customers. The defendants also failed to register with the CFTC, as required by the Commodity Exchange Act (CEA), and violated CFTC regulations relating to commodity pools operations.