Frankfurt Stock Exchange
October 09, 2018 BY Valentina Kirilova

Westwing Group AG launched on Frankfurt Stock Exchange

Online retailer listed in Prime Standard since today Today's listing of the Westwing Group AG (ISIN: DE000A2N4H07) is the 16th IPO on the Frankfurt Stock Exchange this year, Deutsche Boerse announced earlier today. The shares of the online retailer were listed in the Prime Standard segment and started trading at 26.49 Euro. The issue price…

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DZ PRIVATBANK migrates to Itiviti multi-asset OMS platform
October 09, 2018 BY Valentina Kirilova

Itiviti FX MiFID II compliant platform launches with SEB as early adopter

Itiviti, the global provider of multi-asset trading technology and financial infrastructure, has just introduced Itiviti FX, a comprehensive foreign exchange trading solution built for today's dynamic FX market landscape and designed for compliance with the latest regulatory requirements including MiFID II. Using a modular, app-based architecture Itiviti FX combines rich out-of-the-box FX trading capabilities with…

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Euronext
October 09, 2018 BY Valentina Kirilova

Medincell lists on Euronext Paris - €30 million raised

Financial markets operator Euronext NV (EPA:ENX) has just announced that it has welcomed MedinCell, a pharmaceutical technology company that develops injectable drug delivery solutions, to listing in compartment C of Euronext Paris. Based in Jacou, near Montpellier in southern France, MedinCell is dedicated to achieving significant gains in the efficiency of drug therapies. The two most…

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asic ban
October 09, 2018 BY Valentina Kirilova

ASIC bans Spectrum Wealth financial adviser for three years

Spectrum Wealth Adviser, Gurumukh Singh Mehra, has been banned from providing financial services for a period of three years, after ASIC surveillance showed he failed to act in his clients’ best interests, the Australian regulator informed earlier today. Through ASIC’s surveillance of life insurance advice, it was found Mr Mehra had failed to: make reasonable…

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The market impact of the IMF reducing UAE's Global GDP growth forecast
October 08, 2018 BY Mariela Naydenova

ICOs to become legitimate corporate funding options in UAE

The United Arab Emirates announced its plans to make initial coin offerings legitimate funding options for local businesses. Reuters reported that the new rule is to be introduced some time in 2019, allowing ICOs to "replace" IPOs, if companies decide to do so. The new rule means that ICOs will be equal in "weight" and…

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October 08, 2018 BY Mariela Naydenova

Yale invests in a $400 million cryptocurrency fund

David Swenson, or as many will call him, the "Warren Buffet of Yale", is the investment guru that has been running the Yale Endowment Fund for over 33 years now. Managing around $30 billion in assets under management, Swenson is famous for his wealth management abilities and his shrewdness when it comes to allocating the…

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Abu Dhabi Securities Exchange launches its new digital platform Sahmi
October 08, 2018 BY Valentina Kirilova

ADX lists Aldar Investments' $500 million sukuk

Abu Dhabi Securities Exchange (ADX), the region's leading financial market, together with Aldar Properties PJSC (Alda”), has informed the public that it has listed Aldar Investments’ new sukuk, marking the first corporate sukuk ever to be listed on the exchange. The sukuk, which was raised at a profit rate of 4.75% with a 7 year…

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