News Centre

The MiG Report - TSX, TSX Venture Exchange

Date 15/05/2019

Year to Date April 2019: 99 new issuers listed year to date: 55 on Toronto Stock Exchange and 44 on TSX Venture Exchange. 32 Corporate Issuers 46 ETFs 21 CPCs

Statement Of CFTC Commissioner Dan M. Berkovitz Regarding The ICE Futures U.S., Inc.[1] Passive Order Protection Functionality Rule

Date 15/05/2019

I disagree with the self-certification of ICE’s new Rule 4.26(c), and its associated passive order protection (“POP”) functionality for the Exchange’s Gold Daily and Silver Daily futures markets. POP is an issue of first impression in Commission-regulated markets: an asymmetric speed bump specifically designed to alter the competitive balance between market participants and trading strategies.  Asymmetric speed bumps, such as POP, that purposely disadvantage particular trading entities, strategies, or technologies, are discriminatory, anti-competitive, and facially inconsistent with the fundamental objectives of the Commodity Exchange Act (“Act”) to promote “responsible innovation and fair competition . . . among market participants.”  In these circumstances a compelling “explanation and analysis” of the proposed rule’s compliance with applicable provisions of the Act and the Commission’s regulations must be provided for the Commission not to find the rule inconsistent with the Act.  As discussed below, no such compelling explanation and analysis has been provided with respect to the POP rule.

North American Corporate And Municipal CUSIP Request Volume Climbs In April - Fourth Straight Month Of Muni CUSIP Volume Growth

Date 15/05/2019

CUSIP Global Services (CGS) today announced the release of its CUSIP Issuance Trends Report for April 2019. 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 noteworthy increase in requests for new North American corporate and municipal debt identifiers in April.

Statement Of CFTC Commissioner Dawn D. Stump On The Certification Of ICE Futures U.S., Inc. Submission No. 19-119

Date 15/05/2019

ICE Futures U.S., Inc. (“IFUS”) seeks to implement new Passive Order Protection (“POP”) Functionality in its Gold Daily and Silver Daily futures markets.  It has submitted the POP Functionality, or “speed bump,” to the Commission pursuant to the self-certification provisions of Sections 5c(c)(1)-(3) of the Commodity Exchange Act (“CEA”) and Commission Regulation 40.6.

Nodal Exchange Named “Commodity Exchange Of The Year” By Energy Risk

Date 15/05/2019

Nodal Exchange has been named “Commodity Exchange of the Year” by Energy Risk magazine at the Energy Risk Awards 2019. Energy Risk Awards recognize excellence across global energy and commodities markets.

Statement Of CFTC Commissioner Brian Quintenz On The Certification Of ICE Futures U.S., Inc. Submission No. 19-119

Date 15/05/2019

“The year was 2081, and everybody was finally equal. They weren’t only equal before God and the law.  They were equal every which way. Nobody was smarter than anybody else. Nobody was better looking than anybody else. Nobody was stronger or quicker than anybody else. All the equality was due to the 211th, 212th, and 213th Amendments to the Constitution, and to the unceasing vigilance of agents of the United States Handicapper General.”

CME Group Hits New Open Interest Record Of 138.2 Million Contracts

Date 15/05/2019

CME Group, the world's leading and most diverse derivatives marketplace, announced total open interest reached a record 138,185,824 contracts on May 14, 2019. The previous record was 138,041,727 contracts set on March 15, 2018.

Remarks At The SIFMA Operations Conference & Exhibition: Staying Vigilant To Protect Investors, Peter Driscoll, SEC, Director, Office Of Compliance Inspections And Examinations, SIFMA Operations Conference, Boca Raton, Florida, May 8, 2019

Date 15/05/2019

I. Introduction

Good morning and thank you Ellen [Greene] for your kind introduction. It is a pleasure to be here today, and I want to thank everyone here for joining us—your commitment to strengthening compliance, risk management and operations is important to our capital markets and to protecting America’s Main Street investors, promoting savings, growth and opportunity for the future.

CFTC’s Division Of Market Oversight Issues Statement On The Certification Of ICE Futures U.S., Inc. Submission No. 19-119

Date 15/05/2019

The Commodity Futures Trading Commission’s (Commission) Division of Market Oversight (DMO) today issued the following statement. 

MSCI Announces Inclusion Of 3 Qatari Stocks In Its Emerging Markets Index

Date 15/05/2019

In a move which will help to attract additional foreign investment to the Qatar Stock Exchange, MSCI announced that inclusion of three listed companies in the MSCI Emerging Markets Index upon its recent review, which will take effect May 28th 2019.