News Centre

Schwab Subsidiaries Misled Robo-Adviser Clients About Absence Of Hidden Fees

Date 13/06/2022

The Securities and Exchange Commission today charged three Charles Schwab investment adviser subsidiaries for not disclosing that they were allocating client funds in a manner that their own internal analyses showed would be less profitable for their clients under most market conditions. The subsidiaries agreed to pay $187 million to harmed clients to settle the charges.

Effective June 13, 2022, MIAX Options And MIAX Emerald Options 2X Opening And Intraday Valid And Priority Quote Spread Relief In All Symbols

Date 13/06/2022

Multiplier: 2X
Reason: In maintenance of a fair and orderly market.
Time: Opening and Intraday
Subject Summary: Please be advised, effective June 13, 2022, the MIAX Regulation Department has granted 2 times opening and intraday quote parameter relief for all symbols on MIAX Options and MIAX Emerald Options. 

ICE Best Execution Platform Expands Coverage To Over 2 Million Fixed Income Securities - New Viewer Allows For Optimized Usage Across The Front-, Middle- And Back-Office

Date 13/06/2022

Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced enhancements to its Best Execution service, which more than doubles coverage to over 2 million fixed income instruments. This product expansion includes an extensive library of both liquid and less liquid, hard-to-value instruments across sovereigns, investment grade and high yield corporates, emerging markets, money market, U.S. municipals, agency pass-throughs, convertibles, and securitized assets including CMOs, ABS and MBS.

The UK Chancellor Has Appointed Marjorie Ngwenya As An External Member Of The UK Prudential Regulation Committee (PRC)

Date 13/06/2022

Ms Ngwenya will join the PRC on 5 September 2022, commencing a three-year term, replacing Norval Bryson as an external member.

ESAs Propose Extending Temporary Exemptions Regime For Intragroup Contracts During EMIR Review

Date 13/06/2022

The European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) today published a final report with draft regulatory technical standards (RTS) proposing to amend the Commission Delegated Regulation on the risk mitigation techniques for over-the-counter (OTC) derivatives not cleared by a Central Clearing Counterparty (CCP) under the European Market Infrastructure Regulation (EMIR).

Kiefer Sutherland To Front New International Advertising Campaign For Plus500

Date 13/06/2022

Plus500, the global multi-asset fintech group, has launched an international advertising campaign starring Kiefer Sutherland, the Emmy and Golden Globe winning actor, director and singer-songwriter, to elevate its international brand profile amongst the fast-growing trading community.

Broadpeak Lists On Euronext Growth Paris

Date 13/06/2022

• €20 million raised

• Market capitalisation of €80 million

• 18th listing of a tech company on Euronext in 2022

• 14th listing on Euronext Paris in 2022

• 34th listing on Euronext in 2022

Borsa İstanbul's Opening Bell Rang For Bulls GSYO And RePG Enerji

Date 13/06/2022

The 15th investment in Borsa İstanbul Private Market was marked by Bulls GSYO (VCIT). Bulls Girişim Sermayesi Yatırım Ortaklığı (Venture Capital Investment Trust) invested in RePG Enerji, which generates energy and water utilizing the relative humidity and heat exchange (from latent and waste heat) in the environment (air, water, gas, oil) with its 100% domestic and licensed technology.

EGX Participates In The Cybersecurity Conference

Date 13/06/2022

Dr. Mohamed Farid, Executive Chairman of The Egyptian Exchange (EGX), participated in the Cybersecurity conference held today in the presence of Dr. Mohamed Mait, Minister of Finance and Dr. Khaled Abdel Ghaffar, Minister of Higher, and representatives of the Ministries of Transport and Military Production, in the presence of representatives of national, regional and international telecommunications and information technology companies.
During his speech, Dr. Mohamed Farid, said that capital markets rely mainly on information technology in their daily operations, stressing that their increasing dependence on different technological applications reflects the importance of securing data and hedging against any uncontrolled risks.

HKEX Launches VaR Platform For Clearing Participants

Date 13/06/2022

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to today (Monday) announce the launch of its new VaR Platform for post-trade clients, and the introduction of new portfolio margining in its securities market.