News Centre

SEC Extends Comment Period For Proposed Rules On Climate-Related Disclosures, Reopens Comment Periods For Proposed Rules Regarding Private Fund Advisers And Regulation ATS

Date 09/05/2022

The Securities and Exchange Commission today announced that it has extended the public comment period on the proposed rulemaking to enhance and standardize climate-related disclosures for investors until June 17, 2022. The SEC also announced that it will reopen the comment periods on the proposed rulemaking to enhance private fund investor protection and on the proposed rulemaking to include significant Treasury markets platforms within Regulation ATS for 30 days.

UK Financial Conduct Authority CEO Confirms CISI Has Incredibly Important Role, Often Below The Radar, In Helping To Boost Development Of Financial Services Education, Both In UK And Emerging Markets

Date 09/05/2022

The CISI plays an incredibly important role, often below the radar, in helping to boost the development of financial services education and skills, both in the UK and emerging markets, says Nikhil Rathi, CEO of the FCA.

The Route Back To 2% Inflation − Speech By Michael Saunders, Bank Of England, Member Of The Monetary Policy Committee, Given At The Resolution Foundation

Date 09/05/2022

Michael Saunders talks about the outlook for the UK economy and inflation. He then sets out his views on interest rates.

ICE Launches Its First Nature-Based Solutions Carbon Credit Futures Contract

Date 09/05/2022

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that it has launched a Nature-Based Solutions carbon credit futures contract (“NBS future”).

Effective May 9, 2022, MIAX Options And MIAX Emerald Options 2X Opening And Intraday Valid And Priority Quote Spread Relief In All Symbols

Date 09/05/2022

Multiplier: 2X
Reason: In maintenance of a fair and orderly market.
Time: Opening and Intraday
Subject Summary: Please be advised, effective May 9, 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. 

Cassini Systems Named Best OTC Derivatives Margining Solution For The Second Time

Date 09/05/2022

Cassini Systems, the leading provider of pre- and post-trade margin and collateral analytics for derivatives market participants, has been named Best OTC Derivatives Margining Solution at this year’s FTF News Technology Innovation Awards. This is the second time in recent years that the firm has been recognized for its intelligent margin and collateral analytics for users of derivatives and follows its recognition as Best UMR Service of the Year in the 2022 Risk Markets Technology Awards, and Best Post-Trade Technology in the 2022 HFM US Technology Awards. 

Piraeus Securities S.A. Goes Live With Scila Surveillance For Real-Time Market Surveillance

Date 09/05/2022

Scila and Athens Exchange Group co-operates to offer a SaaS solution based on Scila Surveillance for both Buy and Sell side members of the Athens exchange. Piraeus Securities S.A. is the first customer of the new service to go-live.

The Rising Cost Of Investigations And Heightened Fraud Risk Hit Businesses Hard, Kroll Survey Reveals

Date 09/05/2022

• Over four in five (82%) respondents said their organizations had been significantly impacted by fraud and illicit activity
• Seventy-eight percent of respondents’ organizations had conducted investigations into fraud, corruption or related misconduct in the past three years
• Four in five (79%) respondents said the cost of these investigations had increased, particularly for organizations with a turnover of more than $15 billion

FIA Tech Launches Client Services And Operations Center In Tampa, FL

Date 09/05/2022

FIA Tech, the futures industry’s leading technology provider, today announced that it has launched a new client services and operations center in Tampa, Florida. FIA Tech’s client services team is the primary interface for FIA Tech’s global client base and is responsible for the onboarding of new clients, overall client satisfaction and implementation of initiatives across FIA Tech’s various business lines.

UK Financial Conduct Authority: Five Individuals Banned And Fined For Causing Losses To Pension Customers

Date 09/05/2022

The FCA has prohibited five directors of financial advice firms from working in financial services and fined them over £1 million, after they caused significant losses to pension customers.