News Centre

CFTC Proposes Amendments To Ease Regulatory Burdens For Self-Regulatory Organizations

Date 28/06/2018

The Commodity Futures Trading Commission (CFTC) announced today that it has unanimously approved proposed amendments to its regulations to simplify obligations imposed on a self-regulatory organization (SRO) when carrying out its financial surveillance program for futures commission merchants (FCMs)

MIAX Emerald - Exchange Codes And Important Dates Regarding The Launch Of The New Options Exchange, MIAX EMLD In Q1 2019

Date 28/06/2018

As previously announced in the April 17, 2018 Alert, the MIAX will launch a new Options Exchange.  MIAX Emerald (EMLD) will begin trading in Q1 2019, pending SEC approval.  In preparation of the launch, we have included details below. 

SEC Expands The Scope Of Smaller Public Companies That Qualify For Scaled Disclosures

Date 28/06/2018

The Securities and Exchange Commission today voted to adopt amendments to the “smaller reporting company” (SRC) definition to expand the number of companies that qualify for certain existing scaled disclosure accommodations.

Eventus Systems Appoints First Outside Directors With Three Industry Veterans -Kim Taylor, Fred Hatfield And Keith Ross Join Board Of Growing RegTech Firm

Date 28/06/2018

Eventus Systems, Inc., a provider of innovative regtech software solutions for the capital markets, today announced that it has appointed three highly acclaimed industry veterans as the first outside directors on its Board. The newly constituted Board will meet for the first time this afternoon. The new Board members are Kim Taylor, former President, Clearing and Post-Trade Services at CME Group; Fred Hatfield, former Commissioner of the U.S. Commodity Futures Trading Commission; and D. Keith Ross, Jr., Executive Chairman of PDQ Enterprises, parent company to broker-dealer and independent Alternative Trading System CODA Markets (formerly PDQ ATS), and former CEO of GETCO LLC.

Financial Sector’s Cybersecurity Readiness Exercised By Quantum Dawn IV - SIFMA’s Cybersecurity Exercise Identifies Key Findings For Financial Sector And Public Partners To Address Crisis Response Protocols

Date 28/06/2018

SIFMA today released the summary of key findings from its biennial Quantum Dawn cybersecurity exercise conducted over two days in November 2017 that brought together more than 50 financial and public-sector organizations and over 1,000 industry experts. Along with SIFMA, Deloitte Risk and Financial Advisory observed the simulation and prepared the After-Action Report with recommendations aimed to help the sector strengthen its readin

Amman Stock Exchange: The ASE Index Quarterly Review

Date 28/06/2018

Mr. Bassam Abu Abbas the Deputy Chief Executive Officer of the Amman Stock Exchange (ASE) said that the ASE has conducted the periodic quarterly review of the ASE index constituents in purpose of ensuring that the ASE General Price Index reflects the market performance and the trading activity of the listed companies. By this rebalancing, the activity of listed companies in regard to trading during the last quarter has been reviewed. After that, the ASE has conducted its screening process for all listed companies using the full market capitalization of the companies and the number of trading days during last quarter. It is worth mentioning that the criteria adopted by the ASE are similar to the criteria applied by many leading international index providers.

SEC: Former Equifax Manager Charged With Insider Trading

Date 28/06/2018

The Securities and Exchange Commission today charged a former Equifax manager with insider trading in advance of the company’s September 2017 announcement of a massive data breach that exposed Social Security numbers and other personal information of approximately 148 million U.S. customers.   This is the second case the SEC has filed arising from the Equifax data breach.  In March, the former chief information officer of Equifax’s U.S. business unit was charged with insider trading. 

ECB Announces Methodology For Calculating Euro Short-Term Rate (ESTER)

Date 28/06/2018

• New unsecured overnight interest rate to be published by October 2019
• ECB to publish a time-lagged pre-ESTER to facilitate adoption of the new rate by markets

Corporates Raise $600,000 At SGX Bull Charge’s Charity Golf Event

Date 28/06/2018

• Proceeds from tournament almost double from last year
• SGX Bull Charge raising funds for six adopted beneficiaries in 2018

Global Investor Names Eurex “Exchange Of The Year”

Date 28/06/2018

Good news: for the second time in a row, we received the Global Investor Award in the category “Exchange of the Year”. The award measures excellence in the exchange world across asset classes and geographies.