News Centre

Nadex Amends Rule 2.3 Officers Of Nadex And Rule 10.3 Arbitration Of Nadex Member Disputes

Date 13/02/2020

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and section §40.6(a) of the regulations promulgated by the Commodity Futures Trading Commission (the “Commission”) under the Act (the “Regulations”), North American Derivatives Exchange, Inc. (“Nadex”, the “Exchange”) submitted to the Commission on February 13, 2020 notice of its intent to amend its Rule 2.3 (Officers of Nadex) to amend the number of Board Directors that may be appointed, and remove references to the position of “Chief Operating Officer”.  Additionally, Nadex is amending its Rule 10.3 (Arbitration of Nadex Member Disputes) to remove reference to the NFA.

NZX Full Year 2019 Results & Annual Report Published

Date 13/02/2020

NZX today published its full year financial results and annual report for the 12 months ended 31 December 2019.

• Operating earnings up 9.8% to $31.4m 
• Focus on costs supports margin improvement to 45.1% 
• Net profit of $14.6m, up 25.7% (7.1% on continuing operations) 
• Capital raised up 95.7% to $18.7b, driven by debt listings and secondary equity 
• FY2020 operating earnings guidance range $30.0m to $33.5m

SEC Announces Nancy Sumption As Senior Advisor To The Chairman For Cybersecurity Policy

Date 13/02/2020

The Securities and Exchange Commission today announced that Nancy Sumption will serve as Chairman Jay Clayton's Senior Advisor for Cybersecurity Policy. In this role, Ms. Sumption will coordinate efforts across the agency to address cybersecurity policy, engage with external stakeholders on matters related to cybersecurity, and help enhance the SEC's mechanisms for assessing and responding to cyber-related risks. She succeeds Kevin Zerrusen who recently returned to the private sector.

Deutsche Börse: Unscheduled Adjustment In SDAX - TLG Immobilien AG To Be Deleted From Index, LPKF Laser & Electronics AG To Be Added

Date 13/02/2020

On Thursday, Qontigo announced an unscheduled change to the SDAX index. 

US Department Of Justice: Ohio Resident Charged With Operating Darknet-Based Bitcoin “Mixer,” Which Laundered Over $300 Million - “Helix” Laundered Bitcoin From Numerous Darknet Markets

Date 13/02/2020

An Ohio man was arrested for his operation of Helix, a Darknet-based cryptocurrency laundering service. 

MIAX Exchange Group: Update - Mandatory Dates To Upgrade To Consolidated Audit Trail (CAT) Timestamp Supporting Interface Version

Date 13/02/2020

As previously announced in the November 20, 2019 Alert, the MIAX Exchange Group published updated Interface Specifications to support the reporting of the Market Maker Firm Timestamp to CAT via the Exchanges. 

Canadian Securities Regulators Seek Additional Comment On Proposed Rule For Non-GAAP And Other Financial Measures

Date 13/02/2020

The Canadian Securities Administrators (CSA) today published a second notice and request for comment on revisions to a proposed rule for Non-GAAP and Other Financial Measures (the proposed rule). The rule would establish disclosure requirements for issuers that disclose non-GAAP and other financial measures, which often lack standardized meanings, resulting in potentially misleading disclosure. 

ICE Bonds Completes Integration With BlackRock’s Aladdin To Offer Fixed Income Portfolio Auction Functionality To Investment Managers

Date 13/02/2020

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that ICE Bonds has completed its integration with BlackRock’s Aladdin, offering access to ICE Bonds’ Portfolio Auction functionality, an automated execution protocol for portfolio trading. Aladdin is a premier portfolio management system for investment managers that combines sophisticated risk analytics with comprehensive trading and position monitoring tools.

BOX Exchange: Adding Quote Timestamp Field To SAIL Protocol

Date 13/02/2020

In order to ensure files and data records are submitted in accordance with the CAT Reporting Technical Specification for Industry Members, BOX Exchange LLC (“BOX”) is updating its SAIL Protocol to add the report field “MM CAT UserTime”. This will allow BOX to report quote timestamps on behalf of its Market Makers.   

CUSIP Request Volume For New U.S. Corporate Debt Identifiers Surges In January - Municipal Volumes Increase Year Over Year

Date 13/02/2020

CUSIP Global Services (CGS) today announced the release of its CUSIP Issuance Trends Report for January 2020. 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 significant year-over-year surge in request volume for new corporate and municipal identifiers. On a monthly basis, however, CUSIP request volume trended down in January across most major asset classes.