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ViewTrade Reports Record Growth In 2022, Anticipates Continued Momentum In 2023 - Total Accounts Powered By ViewTrade Grew More Than 200%, Overall Client Base Increased 35%

Date 31/01/2023

ViewTrade, the force that powers fintech, today announced extensive client growth over the course of 2022 as the firm continues to expand, now serving financial services firms in 26 countries. Culminating in the launch of a carrying broker services offering in December, 2022 was a year of tremendous growth for ViewTrade as its client base increased by more than 35% and total accounts powered by ViewTrade technology increased more than 200% from October 2021 to October 2022.

Statement Of CFTC Commissioner Kristin N. Johnson Regarding IOSCO Publication Of Principles For The Regulation And Supervision Of Commodity Derivatives Markets – Final Report

Date 31/01/2023

The International Organization of Securities Commissions (IOSCO) has long taken a leadership role in providing guidance and best practices for regulation of commodity derivatives markets.  In 2010 and 2011, the G20 Leaders called for further work on regulation and supervision of the commodity derivatives markets, “enhanced transparency in both cash and derivatives markets as previously recommended by IOSCO,” and “asked IOSCO to finalize . . . its recommendations on regulation and supervision in this area especially to address market abuses and manipulation, such as through position management powers, including the authority to set ex-ante position limits where appropriate, among other powers of intervention.”  IOSCO responded with the 2011 Principles for the Regulation and Supervision of Commodity Derivatives Markets (2011 Principles).  The stated aim of the 2011 Principles was to “help to ensure that the physical commodity derivatives markets serve their fundamental price discovery and hedging functions, while operating free from manipulation and abusive trading schemes.”

The Canadian Securities Administrators Exempts Canada Business Corporations Act-Incorporated Reporting Issuers From Director Election Form Of Proxy Requirement

Date 31/01/2023

The Canadian Securities Administrators (CSA) today published an exemption for reporting issuers incorporated under the Canada Business Corporations Act (CBCA) from the form of proxy requirement for the uncontested election of directors.

SEC: Small Business Advisory Committee To Host Meeting To Discuss Alternatives To Traditional Private Company Financing, Private Fund Reforms, And Public Company Investment Research

Date 31/01/2023

The Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee today released the agenda for its meeting on Tuesday, Feb. 7. The Committee will discuss alternative approaches to private company financing, the Commission’s February 2022 proposal regarding private fund advisers, and the role of equity research for smaller public companies and investors. Members of the public can watch the live meeting via webcast on www.sec.gov.

MIAX Options And MIAX Pearl Options Exchanges - February 1, 2023 Fee Changes

Date 31/01/2023

Effective February 1, 2023, pending filing with the SEC, MIAX Options and MIAX Pearl Options will amend certain transaction fees.

ION Cleared Derivatives Cyber Event

Date 31/01/2023

ION Cleared Derivatives, a division of ION Markets, experienced a cybersecurity event commencing on 31 January 2023 that has affected some of its services. The incident is contained to a specific environment, all the affected servers are disconnected, and remediation of services is ongoing. Further updates will be posted when available.

BIS: Digital Payments Make Gains But Cash Remains

Date 31/01/2023

Highlights

• The strong growth in digital payments over the past decade continued in 2021. The volume and value of fast payments reached record levels.
• Even so, digital payments have not yet fully replaced cash. Public demand for cash remains steady, both as a means of payment and as a safe haven.
• While the digitalisation of payments is a global trend, payment habits still differ across countries. Interoperability of payment systems within and between countries is key to ensuring that payments can be made seamlessly, regardless of the chosen payment method.

Dubai Financial Market Company Posts Net Profit Of AED 147.1 Million In 2022

Date 31/01/2023

• The Board of Directors recommends a cash dividend of AED 134.7 million and proposes a new fixed dividend policy with a minimum of 50% of the profits annually
• The 41.7% jump in net profit echoes the strong improvement in trading value to AED 90 billion
• DFM’s success as one of the most active markets for IPOs globally underscores the accelerated efforts to implement Dubai’s capital markets’ development strategy
• The Market Capitalization increased by 41.4% to AED 582 billion
• Foreign investors contributed 48.7% of trading activity with net purchases of AED 5 billion
• The DFM attracted 167,332 new investors, bringing its investor base to over 1 million investors from 212 nationalities

ESAs Consult On Draft Guidelines On The System For The Exchange Of Information Relevant To Fit And Proper Assessments

Date 31/01/2023

The three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) published today a consultation paper on draft joint Guidelines on the system for the exchange of information when assessing the fitness and propriety requirements. These Guidelines aim to increase the efficiency of the information exchange between sectoral supervisors by harmonising practices and clarifying how competent authorities should use the information system developed by the three ESAs.

Xetra ETF & ETP Statistics 2022: High Growth Rates For ETFs With Focus On Sustainability, Commodities, And Banking Sector

Date 31/01/2023

• ETF trading turnover on Xetra rises by 14 per cent to new record level of €232.8 billion
• Deutsche Börse records highest listing activity since launch of ETF & ETP segment with 480 new product admissions
• Xetra remains Europe's largest ETF exchange by number of products and trading volume