Shares in Canada's renowned lifestyle brand begin trading today TMX Group (TSX:X)'s senior equity exchange, Toronto Stock Exchange (TSX), announced that it has welcomed Canadian retailer Roots as it began trading this morning under the symbol TSX:ROOT. We are proud to welcome Roots, a truly iconic and world-renowned Canadian lifestyle brand to our market today,"…
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The U.S. Securities and Exchange Commission has announced charges against Mohammed Ali Rashid, a former senior partner at Apollo Management L.P., for defrauding his fund clients by secretly billing them for approximately $290,000 in personal expenditures. Mr. Rashid is charged with using client funds for family vacations, visits to a hair salon, and purchases of…
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A new digital currency is said to be issued in December by Bloq, Jeff Garzik's company. The coin is going to work on all types of blockchains, thereby solving some of the issues that bitcoin faces currently. Bloq is one of the leading blockchain development companies in the world right now, with CEO Jeff Garzik,…
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The Autorité des marchés financiers (AMF) and the Autorité de contrôle prudentiel et de résolution (ACPR) have just published a list of new websites and entities offering investments on the unregulated foreign exchange (Forex) market in France, without authorisation to do so. Here is the list of new websites recently identified: www.1875-financeinvest.com / 1875 FINANCE…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm UK Financial Investment Ltd. 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…
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The Monetary Authority of Singapore (MAS) and the Hong Kong Monetary Authority (HKMA) have signed an agreement to strengthen co-operation on FinTech between the two cities and foster FinTech development within the region. The Co-operation Agreement (“Agreement”) was exchanged on 25 October 2017, at the FinTech Day organised by the HKMA. As part of the…
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Blockchain application platform Qtum today announced the addition of veteran investor Jeffrey Wernick to its advisory board. Jeffrey Wernick’s 40 years of experience includes investments in Uber and Airbnb, after which he turned his focus to bank transactions, lending platforms, and the blockchain industry. His advisory role will help guide Qtum’s international growth and development…
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Warsaw based X Trade Brokers Dom Maklerski SA (WSE:XTB), which operates Retail Forex broker XTB.com as well as the X Open Hub trading platform, has issued Q3 results indicating continued improved performance for the company, as XTB continues to recover from what was a very slow start to the year. XTB continued its quite unusual pattern of…
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Signal, a substantial shareholding and position limit monitoring and reporting solution from Advise Technologies, is now available on Ullink's NYFIX Portal. Advise Technologies, a provider of regulatory compliance solutions for investment managers, offers coverage for 89 jurisdictions and global exchanges through its Signal software platform. Signal users can compare their holdings to relevant jurisdictional and…
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Online trading and banking company Ally Financial Inc (NYSE: ALLY) has released third quarter financial and operating results, indicating steady if unspectacular growth in its business. Net financing revenue for Q3 of $1.08 billion was up 1% from $1.07 billion in Q2, while Pretax income of $395 million was up 5% from Q2's $376 million.…
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