News Centre

Nigerian Stock Exchange Amplifies Social Distancing With Tuface Idibia

Date 22/04/2020

The Nigerian Stock Exchange has lent its voice to the promotion of social distancing as a necessary step in flattening the COVID-19 curve in Nigeria. This advice was shared in a recently released video voiced by ace musician Tuface Idibia who is NSE’s Good Cause Ambassador.

MIAX Exchange Group: New Mandatory Dates To Upgrade To Consolidated Audit Trail (CAT) Timestamp

Date 22/04/2020

As previously announced in the November 20, 2019 and February 13, 2020 Alerts, the MIAX Exchange Group published updated Interface Specifications to support the reporting of the Market Maker Firm Timestamp to CAT via the Exchanges. 

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Bank Of England: Statement On Increase To Asset Purchase Facility Gilt Lending Limits

Date 22/04/2020

To further support gilt market functioning the Bank of England, working with the UK Debt Management Office (DMO), will from today increase the proportion of gilts held in the Asset Purchase Facility (APF) that are made available to the DMO to use in its market operations and for the DMO’s Standing and Special Repo Facilities.

Nasdaq Announces 4% Increase In Quarterly Dividend To $0.49 Per Share

Date 22/04/2020

The Board of Directors of Nasdaq, Inc. (Nasdaq: NDAQ) has declared a regular quarterly dividend of $0.49 per share on the company's outstanding common stock. The dividend is payable on June 26, 2020 to shareholders of record at the close of business on June 12, 2020. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Board of Directors.

Sonnedix Enters EEX As First Solar IPP

Date 22/04/2020

The European Energy Exchange (EEX) welcomes Sonnedix, the global independent solar power producer (IPP) as a new trading participant on the exchange. Sonnedix, currently managing over 1 GW of operational capacity across eight countries, has been admitted to trade all EEX power derivatives products.

Statement On Good Faith Determinations Of Fair Value Under The Investment Company Act Of 1940 Proposal, SEC Commissioner Hester M. Peirce, April 21, 2020

Date 22/04/2020

I appreciate the work of the Divisions of Investment Management and Economic and Risk Analysis, and the Offices of the Chief Accountant, General Counsel, and Compliance Inspections and Examinations on today’s proposed rulemaking.  Valuing securities for which no market value is available is one of the most important duties that the Investment Company Act places on fund boards.  It is also one of the more technically complicated tasks on the ever-lengthening list of board obligations.

ICE Data Services Launches Market-Based Index To Track And Benchmark The Global Price Of Carbon - Creates Critical Component For Enabling The Energy Transition

Date 22/04/2020

Intercontinental Exchange, Inc. (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced the launch of a new index designed to track and benchmark the global price of carbon. This is an important part of efforts to measure and reduce the emission of carbon dioxide CO2 and other pollutants in economies around the world.

EBRD President And Gordon Brown Call For International Cooperation In Coronavirus Battle

Date 22/04/2020

The President of the European Bank for Reconstruction and Development (EBRD) Sir Suma Chakrabarti and former UK Prime Minister Gordon Brown have called for greater international cooperation to deal with the impact across the globe of the coronavirus pandemic.

Nasdaq Reports First Quarter 2020 Results, Adapts To COVID-19 While Delivering For Clients

Date 22/04/2020

• Nasdaq thanks all front-line workers who are committed to providing essential services to those impacted by the COVID-19 pandemic. The company’s relief efforts will support small businesses, food provisioning to vulnerable communities, and the safety of healthcare workers.
• First quarter 2020 net revenues1 were $701 million, an increase of 11% over the first quarter of 2019. Compared to the prior year period, revenues in the non-trading segments2 increased 7%, primarily due to organic growth, while Market Services revenues rose 21%, due to historic trading volumes primarily in the second half of the first quarter.
• The GAAP operating margin was 39% in the first quarter of 2020, down from 43% in the prior year period, due to bond refinancing costs, while the non-GAAP operating margin3 of 52% increased from 49% in the prior year.
• First quarter 2020 GAAP diluted earnings per share was $1.22, down from $1.48 in the first quarter of 2019, with the decrease largely due to bond refinancing costs in the first quarter of 2020, and a gain on the sale of a business and income from our equity interest in an equity method investment in the first quarter of 2019. First quarter 2020 non-GAAP earnings per share was $1.50, compared to $1.22 in the first quarter of 2019.
• During the first quarter of 2020, the company strengthened its balance sheet by increasing cash reserves to address any potential short-term funding risks due to the effects of COVID-19. Additionally, Nasdaq refinanced all of its 3.875% senior notes due 2021, extending our nearest bond maturity to May 2023.

Moscow Exchange: Risk Parameters Change For The Security XS0088543193

Date 22/04/2020

As per the Securities market risk parameters methodology, on 22.04.2020, 13-10 (MSK) the upper bound of the price band (up to 174.4829) and initial margins (up to 7.5 %) for the security XS0088543193 were changed. New values are available here