News Centre

ESMA Closed For Public Holiday On 15 August

Date 14/08/2018

ESMA is closed for public holiday on 15 August. ESMA will reopen on Thursday 16 August. 

SEC Files Charges In Municipal Bond “Flipping” And Kickback Schemes

Date 14/08/2018

The Securities and Exchange Commission today charged two firms and 18 individuals in a scheme to improperly divert new issue municipal bonds to broker-dealers at the expense of retail investors.  According to the SEC’s complaint, the defendants – known in the industry as “flippers” – purchased new issue municipal bonds, often by posing as retail investors to gain priority in bond allocations. The defendants then “flipped” the bonds to broker-dealers for a fee. The SEC also charged a municipal underwriter for accepting kickbacks from one of the flippers.

European Commission’s Decision Regarding The Risk Weight Floor For Swedish Mortgages

Date 14/08/2018

The European Commission has decided not to propose to the European Council a rejection of Finansinspektionen’s proposal to change the method for the application of the current risk weight floor for Swedish mortgages. This means that the measure may be implemented in Sweden. 

EEX: Clarification Concerning 2018 Auction Calendar For EU Allowances (EUA) For Germany – German Auctions On Renewed Opt-Out Platform Expected To Resume In The Course Of Q1 2019

Date 14/08/2018

The European Energy Exchange (EEX) clarifies that the indicatively scheduled auctions for Germany from 14 November 2018 onwards will not be taking place.

SEC Bars Perpetrator Of Initial Coin Offering Fraud

Date 14/08/2018

The Securities and Exchange Commission today obtained permanent officer-and-director and penny stock bars against the founder of a company who perpetrated a fraudulent initial coin offering (ICO) to fund oil exploration and drilling in California.

Malawi Stock Exchange Monthly Market Performance Report - July 2018

Date 14/08/2018

The market transacted a total of 13,787,978 shares at a total consideration of MK590,259,713.23 (US$813,416.67) in 97 trades. In the previous month, June 2018, the market transacted a total of 6,468,082 shares at a total consideration of MK213,441,483.83 (US$294,129.07) in 86 trades. This reflects a 113.17% increase in terms of share volume and a 176.54% (176.55% in US Dollar terms) increase in share value. Of the total shares traded, 10,000,000 NICO shares were traded as a special bargain.

The Egyptian Exchange (EGX) Monthly Statistical Report July 2018

Date 14/08/2018

Total number of listed companies on the main market amounted to 223 at the end of July 2018. Meanwhile, the number of listed companies on Nilex reached 32 at the end of the month.

New Market Maker Agreement - Oslo Børs VPS Holding ASA

Date 14/08/2018

As of 15 August 2018, Oslo Børs VPS Holding ASA has entered a Market Maker Agreement with Sparebank 1 Markets AS. The previous agreement with Beringer Finance AS is terminated.

Euronext Announces Acquisition Of Additional Interest In FastMatch

Date 14/08/2018

Euronext, the leading pan-European exchange in the Eurozone, today announced the acquisition of approximately 8% of additional interest in FastMatch, a global FX spot market operator, operating as a Euronext company since August 2017. In combination with the stake in the Company that Euronext acquired in August 2017, Euronext now owns an approximate 97.3% interest in FastMatch.

The Egyptian Exchange: Eid El Adha Al Mubarak Holiday

Date 14/08/2018

EGX decided that Eid El Adha holiday will start from Monday 20th of August 2018 till Thursday 23rd of August 2018, Trading will be resumed effective Sunday 26th of August 2018.