February 07, 2018 BY Valentina Kirilova

ADGM launches e-KYC utility project with consortium of Key UAE financial institutions

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, today announced the initiation and development of an electronic-Know-Your-Customer (e-KYC) utility in close collaboration with a key team of the UAE’s largest financial institutions. This initiative follows the first Regional Regulators’ Roundtable for MENA regulators hosted…

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clone firm FCA warning
February 07, 2018 BY Valentina Kirilova

FCA warns against Sunshine Credit clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Sunshine Credit. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to…

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February 07, 2018 BY Valentina Kirilova

Bank Of England issues Statements of Commitment to Market Codes

Yesterday the Bank of England has issued Statements of Commitment to the FX Global Code, the UK Money Markets Code and Global Precious Metals Code (the “Codes”). By issuing these Statements of Commitment, the Bank is demonstrating that it is committed to adhering to the principles of these Codes when acting as a market participant…

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February 07, 2018 BY Valentina Kirilova

Paul Thomas joins FlexTrade as Vice President, FX Business Development in U.S.

Multi-asset execution and order management systems company FlexTrade today announced the appointment of Paul Thomas as Vice President, FX Business Development for both the buy-side and sell-side markets in the Americas. With the FX buy-side community looking to increase its aggregation and trading execution, FlexTrade is perfectly positioned to help them achieve these goals,” said…

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February 07, 2018 BY Valentina Kirilova

NEX Regulatory Reporting partners with Delta Capita to provide SFTR advice to clients

NEX Regulatory Reporting announced today that it has partnered with Delta Capita, an international business and technology consulting provider, who will offer specialist advice to clients ahead of the Securities Financing Transactions Regulation (SFTR) coming into effect. Delta Capita’s Securities Finance and Collateral Management Practice has successfully helped tier-one banks and large buy-side clients with…

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TMX Group volumes report
February 07, 2018 BY Valentina Kirilova

TMX releases January trading statistics, MX with an overall open interest record

TMX Group Limited (TSX:X) has just announced January 2018 trading statistics for its marketplaces – Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange (Alpha) and Montréal Exchange (MX). MX reached an overall open interest record of 7,889,212 contracts on January 17, 2018 and an equity option open interest record of 3,760,575 contracts on January…

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February 07, 2018 BY Valentina Kirilova

Devexperts' dxTrade trading platform with FIX certification from Borsa Istanbul

Devexperts, the developer of trading platforms and market data solutions, announced that it has successfully passed conformance tests and obtained Advanced Level FIX certificates for Equity and Derivatives Markets from Borsa Istanbul. The certifications from Borsa Istanbul assure that dxTrade, the multi-asset and multi-market trading platform developed by Devexperts, satisfies the requirements for executing advanced…

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Lingxi ,China Finance Online Co. Limited
February 07, 2018 BY Valentina Kirilova

Pentalateral cooperation to create a new Power Exchange for Central and South Eastern Europe

ELEKTROMREŽA SRBIJE (EMS), the European Power Exchange EPEX SPOT, the Hungarian Power Exchange HUPX, the Hungarian Independent Transmission Operator Company MAVIR and the South East European Power Exchange SEEPEX have announced that they have signed a Memorandum of Understanding (MoU) which foresees the creation of a strong cross-regional power exchange in the Central and South…

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