The following article was written by Jeff Broth, a business writer and personal finance advisor. Consulting for SMB owners and entrepreneurs for more than 7 years. 2018 is the year of big banks in the United States. Truth be told, this reality has been a long time coming. The Federal Reserve Bank officially reversed course…
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ASIC announced that it has permanently banned Mr Robert Pryor Smith, of West Lakes, South Australia from providing financial services on the basis that he is not of good fame or character. Mr Smith was an authorised representative for Futuro Financial Services Pty Ltd (Futuro) from 10 October 2008 to 12 September 2017. Mr Smith…
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The Commodity Futures Trading Commission (CFTC) has recently approved NFA's amendments to NFA Compliance Rules 2-36 and 2-43. The amendments apply to forex dealer members (FDM) and will be effective on April 5, 2018. Required disclosures to be made on a per-trade basis The amendments to NFA Compliance Rule 2-36 provide retail forex customers with…
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Swiss online banking and brokerage leader Swissquote Group Holding SA (SWX:SQN) has announced that it will report better-than-expected results for the second half of 2017 (when final results are released in early March). The driver - cryptocurrency trading. Swissquote was the first European online bank to introduce Bitcoin CFDs in mid 2017 as well as trading…
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Tadawul, the Saudi Stock Exchange, today announced a series of significant measures to improve market access and efficiency, enhance liquidity, bolster investor security, mitigate risk and further align market practices with global best practices. Newly announced measures include: Updating the Independent Custody Model (ICM) to enhance Qualified Foreign Investor access to the market by providing…
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There were 705 new listings on The International Stock Exchange (TISE) during 2017. This represents an increase of 203 (40%) on the previous year and took the total number of listed securities on the Exchange to 2,511 at the end of December. Growth areas for new listings last year included debt products, such as high…
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Pendo Systems has announced that industry veteran, Philip Filleul has joined their growing business development team as a Sales Engineer. Based in Pendo’s Charlotte office, Filleul reports directly to CEO Pam Pecs Cytron and will be responsible for driving new business sales in the banking and capital markets segments. Phil Filleul has a deep understanding…
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Information giant Thomson Reuters (NYSE:TRI) announced that it has successfully gone live with its key MiFID II services, helping the financial services industry meet the new regulatory requirements. The new services are part of Thomson Reuters commitment to providing a comprehensive suite of solutions to assist the financial services industry with ensuring ongoing compliance with MiFID…
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Solactive has just announced that the Equileap Global Gender Equality 100 Leaders Index has been added to the family of Solactive Equileap Gender Equality Indices. This new index mirrors the performance of 100 companies leading the field in terms of gender equality according to Equileap’s gender lens methodology. The index is accessible through UBS’s newly-issued…
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IZNES, the pan-European platform for funds powered by SETL’s blockchain technology, announced that it has now started to process live transactions. OFI Asset Management has successfully used the IZNES system in a series of trials with selected clients. Following the development and integration of the IZNES platform with OFI Asset Management. Other asset managers in…
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