clone firm FCA warning
January 30, 2018 BY Valentina Kirilova

FCA warns against Multi Month Loans clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Multi Month Loans. 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…

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January 30, 2018 BY Valentina Kirilova

Hong Kong SFC provides guidance on best execution

The Securities and Futures Commission (SFC) today issued a circular setting out guidance on the standards of conduct and internal controls the SFC expects of licensed corporations (LCs) in delivering best execution. This follows a thematic review of selected LCs which assessed the effectiveness and adequacy of arrangements for delivering best execution. The circular reminds…

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ASEAN Exchanges
January 30, 2018 BY Valentina Kirilova

DFM Brokers to get rating in an initiative to boost capital markets’ service excellence

Dubai Financial Market (DFM) announced that it has today launched a first-of-its-kind Brokers Excellence Rating initiative as part of its constant efforts to promote service excellence. The Rating will be implemented in cooperation with Dubai Economy in order to assess excellence of services provided by DFM-licensed brokerage firms to their clients and their achievements in…

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January 30, 2018 BY Valentina Kirilova

Finastra buys Geneva-based Bank eFX trading platform provider Olfa Soft

Fintech company Finastra just announced that it has acquired Olfa Soft SA and its FX e-trading platform for banks and financial institutions. The move enables Finastra to deliver a unique end-to-end real-time eFX trading solution for banks’ treasury departments, covering distribution, position-keeping, post-trade and payments. Finastra was formed by the merger last year of rival…

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acquisition
January 30, 2018 BY Valentina Kirilova

West Corporation to acquire Nasdaq’s Public Relations Solutions and Digital Media Services businesses

West Corporation (West) and Nasdaq, Inc. (Nasdaq:NDAQ) jointly announced today that West has entered into a definitive agreement to acquire the public relations (Public Relations Solutions) and webcasting and webhosting (Digital Media Services) products and services within Nasdaq’s Corporate Solutions business for approximately $335 million, subject to adjustments. Public Relations Solutions and Digital Media Services…

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January 30, 2018 BY Valentina Kirilova

Options expands market data connectivity with NYSE Integrated Feed

All major NYSE Group data feeds now available on Options platform Options, the provider of global market data and colocation services for trading firms, has today announced direct access to the NYSE Integrated Feed. The new service will be available to clients leveraging Options’ ultra-low latent connectivity and managed colocation platform in Mahwah, Carteret, NY4…

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January 30, 2018 BY Valentina Kirilova

Exchange Data International joins QuantHouse’s API Ecosystem

QuantHouse, the independent global provider of end-to-end high performance market data and trading through API based technologies, today announced that Exchange Data International (EDI) is the latest provider to join the QuantHouse API Ecosystem. EDI is a provider of fast, accurate, timely and affordable data reference services. EDI’s extensive content includes worldwide equity and fixed…

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