SFC fines
March 08, 2018 BY Valentina Kirilova

Merrill Lynch fined $1.25 million for failures in the unregistered sales of securities

The Securities and Exchange Commission (SEC) has announced settled charges against Merrill Lynch, Pierce, Fenner & Smith Inc. company for its failure to perform required gatekeeping functions in the unregistered sales of securities on behalf of a China-based issuer and its affiliates. The SEC’s order found that Merrill Lynch sold almost three million shares of…

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female boss women bosses
March 08, 2018 BY Valentina Kirilova

Companies appoint women for top roles to benefit from experience

The independent membership organisation, Quoted Companies Alliance (QCA), has announced that publicly quoted companies are actively looking to appoint women to top positions to achieve a better boardroom balance and address concerns about diversity in business, as indicated by its newest research. Among quoted companies that recruited for board positions in 2017, 40% explicitly sought out…

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Eze Software expands systematic trading support with Trade Informatics’ START
March 08, 2018 BY Valentina Kirilova

Eze Software bolsters its Eclipse cloud connectivity

The global provider of investment technology, Eze Software, has just announced that it has signed on 60 broker-dealers to provide connectivity for Eze Eclipse, its new, born-in-the-cloud investment management solution. Eze Eclipse, a single unified platform that supports the entire investment workflow, launched in 2017. Eze Software chose 20 emerging equity and event-focused hedge funds as…

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Exchange Data International releases Short Interest feed
March 08, 2018 BY Valentina Kirilova

Exchange Data International releases Short Interest feed

Exchange Data International (EDI), a provider of global security corporate actions, pricing and reference data, has informed the public of the release of its Short Interest service. Short interest is a market sentiment indicator that tells whether investors think a stock's price is likely to fall. It can also be compared over time to examine…

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TMX Group volumes report
March 08, 2018 BY Valentina Kirilova

TMX Group releases steady financing activity in February

TMX Group (TSX:X) has announced its financing activity on Toronto Stock Exchange and TSX Venture Exchange for February 2018. TSX welcomed 10 new issuers in February 2018, compared with 15 in the previous month and 12 in February 2017. The new listings included nine exchange traded funds and one clean technology company. Total financings raised…

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PostFinance becomes a new shareholder of SIX
March 08, 2018 BY Valentina Kirilova

PostFinance becomes a new shareholder of SIX

PostFinance, the Swiss retail financial institution, has just informed that it has become a new shareholder of SIX, the operator of the Swiss financial market infrastructure. With PostFinance, the shareholder base of SIX now includes 127 banks and all significant participants of the Swiss financial center. SIX operates the infrastructure of the Swiss financial center,…

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