News Centre

IIROC: COVID-19 And Cybersecurity – Tips For Advisors And Employees

Date 21/04/2020

On March 30, we issued a notice to IIROC Dealer Members alerting them to the increased risk of cybersecurity attacks related to the COVID-19 pandemic. Cyber criminals are focusing now on individuals particularly people who are working remotely.

New York State Department of Financial Services Superintendent Linda A. Lacewell's Op-Ed In Daily News: Helping Main Street, Not Wall Street, Recover From The Coronavirus

Date 21/04/2020

Now, as in 2008, New York is the epicenter of a crisis with seismic financial repercussions, and New Yorkers are fighting to protect our households and small businesses. But as the federal government tries to stimulate the economy, Main Street is once again taking a backseat to Wall Street.

Breckinridge Capital Advisors Selects ICE Climate Risk, Powered By risQ To Provide Data And Analytics For The Municipal Bond Market

Date 21/04/2020

Intercontinental Exchange, Inc. (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that Breckinridge Capital Advisors has selected ICE Climate Risk, Powered by risQ, to provide climate risk data and analytics on the municipal bond market. ICE Climate Risk was launched by ICE Data Services and risQ to provide innovative climate risk analytics, to enable the municipal bond ecosystem to incorporate climate risk into project and investment decisions.

LabCFTC Launches “Project Streetlamp” Science Prize Competition - Seeking To Enhance Enforcement Capabilities, CFTC Launches Inaugural Competition Under The Science Prize Competition Act

Date 21/04/2020

The Commodity Futures Trading Commission today announced its inaugural competition under the Science Prize Competition Act of 2015, called Project Streetlamp. Under the Science Prize Competition Act, the CFTC may sponsor contests in order to stimulate innovation that can advance the CFTC’s goals. 

BIS - Identifying Regions At Risk With Google Trends: The Impact Of Covid-19 On US Labour Markets

Date 21/04/2020

Key takeaways

• Information on local labour markets and Google searches can be used to construct a measure of the vulnerability of employment in different regions of the United States to the Covid-19 shock. 
• Regional exposure to Covid-19 varies significantly, ranging from a low of 2% to a high of 98% of total local employment.
• We test for the usefulness of the Covid-19 exposure measure by showing that areas with higher exposure report more Google search queries related to the pandemic and unemployment benefits.

Swiss Stock Exchange Where Biotech Belongs

Date 21/04/2020

CBI Green Bond Treasurer Survey Report Out Now

Date 21/04/2020

Last year, Climate Bonds Initiative (CBI), a not-for-profit organisation working to mobilise financing for climate change solutions, surveyed 86 treasurers from 34 countries about their rationale for issuing green bonds, the benefits they had identified and their future plans for green bond issuance. Respondent organisations represented around 44% of the identified green bond universe and had collectively issued 686 green bonds. Sponsored by the Luxembourg Stock Exchange, the survey provides unique insights into the green bond market from the perspective of the issuers, and paints a positive future for green bond issuance for years to come.

The Managing Director Of The IMF And The Heads Of The RFAs Emphasize Their Readiness To Cooperate To Mitigate The Impact Of COVID-19 On The Global Economy

Date 21/04/2020

The Managing Director of the International Monetary Fund (IMF), Ms. Kristalina Georgieva; the Director General Chairman of the Board of the Arab Monetary Fund, Mr. Abdulrahman Al Hamidy; Director of ASEAN+3 Macroeconomic Research Office (AMRO), the surveillance unit of the Chiang Mai Initiative Multilateralisation (CMIM), Mr. Toshinori Doi; the Managing Director of the Eurasian Fund for Stabilization and Development (EFSD), Mr. Andrey Shirokov; the Deputy Director-General for Economic and Financial Affairs of the European Commission (EC), Mr. Declan Costello; the Managing Director of the European Stability Mechanism, Mr. Klaus Regling; the Executive President of Latin American Reserve Fund (FLAR), Mr. José Darío Uribe; and the co-chair of the G20 International Financial Architecture Working Group (G20 IFA WG), Mr. Guillaume Chabert, held a teleconference today and reported on efforts taken by their institutions to forcefully address the impacts of the COVID-19 outbreak on the global economy.

GPW Relaxes The Regime For Issuers Listed In The Alternative Trading System During The Epidemic

Date 21/04/2020

• The Exchange Management Board has decided to waive the suspension of trade and regulatory penalties for failure of companies listed on NewConnect and Catalyst to publish periodic reports for 2019 and Q1 2020
• As a condition, issuers listed in the Alternative Trading System (ATS) must publish the 2019 report within two months and the Q1 2020 report within 45 days after the regulatory deadline
• The ATS periodic report publication deadlines remain unchanged
• GPW’s decision is motivated by the current epidemic, including restrictions on movement, communications, and limitations in providing services

Nasdaq Launches Cloud Data Service - Provides Real-Time Data For Entrepreneurs, Fintech Firms And Traditional Applications

Date 21/04/2020

Nasdaq (Nasdaq: NDAQ) today announced the launch of its Nasdaq Cloud Data Service (NCDS), which provides clients access to real-time exchange data, index, and fund data through cloud-based technology.