Trade Surveillance

On January 27, 2022, the Hong Kong Securities and Futures Commission (SFC) and the Australian Securities and Investments Commission (ASIC) jointly released a circular that detailed their observations following a collaborative thematic review into the governance arrangements and internal controls within the FX business of selected SFC and ASIC licensed firms. The review covered a […]

First Canadian client for Eventus as company continues global expansion NEW YORK / TORONTO, Jan. 26, 2022 – Eventus Systems, Inc., a leading global provider of multi-asset class trade surveillance and market risk solutions, announced today that Bitbuy Technologies, Inc. (Bitbuy) – Canada’s first cryptocurrency trading platform to be regulated as a marketplace – is

On November 18, 2021, the Federal Energy Regulatory Commission (FERC) Office of Enforcement issued its annual report on enforcement. The report details FERC’s enforcement priorities and summarizes enforcement actions taken over the previous year. FERC’s 2021 priorities were largely the same as 2020, with a continued focus on market manipulation and market conduct. However, the

On December 14, 2021, the NYSE proposed a change to rule 7.35B relating to the cancellation of MOC, LOC and Closing IO Orders. NYSE rules have historically allowed the cancellation of MOC, LOC and Closing IO orders to correct legitimate errors between 3:50 PM and 3:58 PM.  Attempts to cancel at 3:58 PM or later

Originally published in Traders Magazine By: Anna Lyudvig The world of cryptocurrencies and digital assets has grown exponentially and become increasingly complex. The market value of the digital asset ecosystem expanded significantly from approximately $500bn in 2020 to almost $3trn as of November 2021, according to data from CoinMarketCap. However, while the technology is moving

Originally published in Traders Magazine By Joe Schifano, Global Head of Regulatory Affairs, Eventus   2021 was another record year for cryptocurrency trading. But it will be remembered as the year the industry saw considerable strides in regulatory advancement. Cryptocurrency volumes rose significantly during 2021, building on a strong 2020. It was a positive year