News Centre

CPMI-IOSCO Publish A Report On CCP Auctions

Date 25/06/2020

The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) have today published a report entitled “Central counterparty default management auctions – Issues for consideration”.

Ziglu Secures £5.25 Million Seed Funding To Provide Transparent And Simple Access To Cryptocurrency

Date 25/06/2020

Ziglu, the cryptocurrency challenger has today formally completed its seed funding round, having successfully secured £5.25 million from a number of specialist UK FinTech investors, and entrepreneurs.

Wirecard: Threatened With Up To 25 Years' Imprisonment? Historical Cases From Economic History

Date 25/06/2020

• Wirecard allegations: Stock exchange price manipulation, financial statement fraud, bank fraud
• Sentences of up to 25 years in prison for historical balance sheet manipulations
• Claims for damages exceed Wirecard's profits many times over
• Sanctions for financial crimes in the USA far more severe

Direxion Releases Work From Home ETF Utilizing The Solactive Remote Work Index

Date 25/06/2020

The rise of broad access to the internet laid the cornerstone for widespread remote working environments. With the COVID crisis forcing millions of employees to work from home, this trend ought to accelerate even further. On one hand, these developments put employers in front of new challenges to accommodate the situation. But on the other hand, the situation benefits companies offering key technological infrastructure and services that help enable working remotely. In order to enable investors to benefit from the aforementioned major shift in society, US company Direxion released its new Work From Home ETF (WFH), utilizing the Solactive Remote Work Index as its underlying.

Industry Pioneers Eventus Systems And VoxSmart Ltd. Form Strategic Alliance In Global Markets Surveillance - Firms Offer Market Participants Holistic Trade And Communications Surveillance Solution

Date 25/06/2020

Eventus Systems, Inc.<https://www.eventussystems.com/>, a multi-award winning global trade surveillance and risk management software platform provider, and VoxSmart Ltd<http://www.voxsmart.com>., a  global leader in communications surveillance technology, announced today that they have formed a strategic alliance. The firms are collaborating to build custom solutions for global market participants looking to enhance their ability to surveil and manage risk across the entire order and trade lifecycle, from pre-trade communications to execution and post-trade monitoring.

Petropavlovsk Shares Now Trading On MOEX

Date 25/06/2020

On 25 June 2020, MOEX launched trading in shares of Petropavlovsk PLC, one of the largest Russian gold producers.

The listing ceremony was attended by MOEX CEO Yuri Denisov and Pavel Maslovskiy, CEO and founder of Petropavlovsk.

The Tel-Aviv Stock Exchange Plans Changes To Rules Of Tel Bond Indices To Protect Investors - TASE Aims, Among Others Things, For Better Grasp In Deleting From The Indices Companies That Encounter Business Difficulties - Given The Significance And Implications Of The Changes, The Proposal Is Presented For Public Comments

Date 25/06/2020

The Tel-Aviv Stock Exchange presents today for public comments a proposal for amendment of the rules of the Tel Bond Indices. While the proposed changes are within the jurisdiction of TASE's Board of Directors, TASE's management has decided that, considering the significance of the changes and their anticipated effect on the composition of the indices, it is prudent to obtain the public's comments prior to finalizing the proposal.

SET And TFEX To Extend Temporary Rules Until No Later Than Sept 30

Date 25/06/2020

The Stock Exchange of Thailand (SET) will prolong its recent trading rule amendments, which are short-selling and ceiling & floor, until September 30, 2020, or before, (from June 30 previously) due to continued market volatility as well as uncertain global economy and the COVID-19 pandemic situation. Likewise, Thailand Futures Exchange’s (TFEX) daily price limit rule will be extended to the same effective end date. The period extension has already undergone the hearing from stakeholders and has been approved by the Securities and Exchange Commission (SEC).     

IOSCO Consults On AI/ML Guidance For Market Intermediaries And Asset Managers

Date 25/06/2020

The Board of the International Organization of Securities Commissions is requesting feedback on proposed guidance to help its members regulate and supervise the use of Artificial Intelligence (AI) and Market Learning (ML) by market intermediaries and asset managers.

BNP Paribas Euro SME Debt Fund Ii Holds EUR 576.5M Close

Date 25/06/2020

BNP Paribas Asset Management (‘BNPP AM’) announces that it has held a close of BNP Paribas Euro SME Debt Fund II (‘Fund II’) with total capital commitments of EUR 576.5 million.  The fundraising for Fund II follows the completion of the investment period for BNP Paribas Euro SME Debt Fund I (‘Fund I’) earlier this year.  Commitments have been received from 20 investors based in France, Belgium, the United Kingdom, Italy and Japan, half of whom are existing investors in Fund I.