NZX Carbon Fund (CO2)
October 08, 2018 BY Valentina Kirilova

NZX Board rejects Elevation Capital demands for adopting its strategy

New Zealand’s exchange (NZX) has informed that its board has rejected six unreasonable demands Elevation Capital placed on the company. The demands are attached, however to summarise the key demands and NZX’s response: Demand from Elevation Capital: that Elevation is immediately granted three directors (Craig Stobo, Christopher Swasbrook and Michael Daniels) on the NZX board.…

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playtech offices
October 08, 2018 BY LeapRate Staff

Playtech raises €530M in junk bonds to repay Snaitech debt

Online gaming and financial trading company Playtech PLC (LON:PTEC) announced late Friday that it has successfully priced €530 million (USD $611 million) in new junk debt. The 3.75% senior secured five-year notes due 2023 are expected to be assigned a rating of BB by S&P Global Ratings Europe Limited, UK Branch and Ba2 by Moody's Investors Service…

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asic ban
October 08, 2018 BY Valentina Kirilova

ASIC permanently bans another former NAB branch manager

An ongoing ASIC investigation has resulted in the permanent banning of former National Australia Bank (NAB) branch manager Mathew Alwan from engaging in credit activities and providing financial services. The ban is the result of an extensive ASIC investigation in respect of NAB employees in greater western Sydney who were accepting false documents in support…

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forex industry news update
October 07, 2018 BY LeapRate Staff

FX Industry Week Review: Forex broker gives up CySEC license, LCG and ETX results, and lots more

Which Retail FX broker was the latest to renounce its CySEC CIF license, and leave Cyprus? Were ETX Capital and LCG able to rebound from losses in their most recently reported fiscal periods? Who became the latest significant institutional investor in Markets.com parent Playtech? Which FX industry executives changed places this week? (There were several!).…

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tocom
October 05, 2018 BY Valentina Kirilova

Tokyo Commodity Exchange to list TSR futures on October 9

The Tokyo Commodity Exchange, Inc. (TOCOM) has announced that their new Technically Specified Rubber (TSR) futures contracts will list on October 9, 2018 after receiving regulatory approval from the Minister of Agriculture, Forestry and Fisheries and the Minister of Economy, Trade and Industry today. TSR is a class of natural rubber and, along with Ribbed…

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LME proposes requirements for the responsible sourcing of metal in listed brands
October 05, 2018 BY Valentina Kirilova

LME proposes requirements for the responsible sourcing of metal in listed brands

The London Metal Exchange (LME) has published a position paper detailing new proposed requirements for listed brands regarding the responsible sourcing of metals, which align with the principles set out by the Organisation for Economic Co-operation and Development’s (OECD) “Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas” (Guidance). LME…

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Cboe Global Markets
October 05, 2018 BY Valentina Kirilova

Cboe Global Markets releases September monthly trading volume

Cboe Global Markets, Inc. (Cboe: CBOE) has just reported September monthly trading volume and average revenue per contract (RPC)/net revenue capture data. For comparability and informational purposes, the table below presents trading volume on a combined basis, as of January 1, 2017, to reflect information pertaining to Bats Global Markets, Inc., which was acquired by…

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Hong Kong SFC
October 05, 2018 BY Valentina Kirilova

Hong Kong SFC appoints new Non-Executive Directors

The Hong Kong Securities and Futures Commission (SFC) has welcomed the appointment by the Financial Secretary of Ms Agnes Chan Sui-kuen and the re-appointment of Mr Edward Cheng Wai-sun as Non-Executive Directors for a term of two years. The term of Ms Chan will begin on 20 October 2018 and Mr Cheng’s term will start…

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Stock Exchange of Thailand SET
October 05, 2018 BY Valentina Kirilova

SET appoints new SEVP in charge of Corporate Strategy

The Stock Exchange of Thailand (SET) has appointed Soraphol Tulayasathien as Senior Executive Vice President (SEVP), Head of Corporate Strategy Division to oversee strategy, international relations, and research, effective from November 1, 2018. SET President Pakorn Peetathawatchai said that SET's board of governors has recently appointed Soraphol Tulayasathien as SEVP. With strong expertise in finance,…

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October 05, 2018 BY Valentina Kirilova

Luxembourg and Australia enter agreement on fintech and regtech

The Luxembourg Commission de Surveillance du Secteur Financier (CSSF) and the Australian Securities and Investments Commission (ASIC) have signed a Cooperation Agreement which provides a framework for cooperation to understand financial innovation in each jurisdiction. The Agreement provides a framework for information sharing between the two regulators on financial technology (fintech) and regulatory technology (regtech).…

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