The latest edition of FSA’s Market Watch newsletter looks at:
- ex-dividend dates and the market abuse regime. FSA is worried that some issuers may not be considering whether information about ex-dividend dates is inside information in relation to a related investment. As a result, they may give out this information on an ad hoc basis before releasing it to the market; and
- finalised guidance for strategy trades, which became effective from 15 August. The guidance focuses on FSA’s reporting requirements where two or more legs of exchange-traded strategy trades which are dependent on each other are executed simultaneously.
(Source: Market Watch Newsletter 43)