IG Group office
July 18, 2017 BY Valentina Kirilova

IG Group releases annual results 2017, net trading revenue up 8%

UK online trading leader IG Group Holdings plc (LON:IGG) today announced results for the year ended 31 May 2017. Financial Summary Net trading revenue up 8% at £491.1 million (Net trading revenue is trading revenue after deducting introducing partner commissions. All references to ‘revenue’ in the Group Performance and Operating and Financial reviews are made with regards…

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July 18, 2017 BY admin

Tel Aviv Stock Exchange launches foreign company bond index

The Tel-Aviv Stock Exchange (TASE) launched this week, a new index: the Tel Bond-Global, which is based on shekel bonds of foreign companies traded on TASE. Bonds included in this index are traded at a higher yield than bonds included in the Tel Bond-Shekel index, the credit rating of which is identical to that of…

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July 18, 2017 BY admin

Cloud-based payments provider Form3 raises $5m led by Barclays

This latest funding will be used to continue building on Form3’s momentum in the UK and expand services across Europe and North America. Form3, the cloud-based, end-to-end, secure platform for global payments processing, today announced it has secured a strategic investment from Barclays PLC (LON: BARC) the Angel Co-Fund and several individual investors who have…

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fca warning
July 18, 2017 BY Valentina Kirilova

FCA warns against Donalds and Brinkley firm

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Donalds and Brinkley. Donalds and Brinkley is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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bats
July 18, 2017 BY Valentina Kirilova

Bats Europe readies for MiFID II with successful exchange release

Bats Europe, a CBOE Holdings, Inc. (NASDAQ:CBOE) company and the region’s largest equities exchange operator, today announced the successful rollout of its penultimate software release ahead of MiFID II. All of the major real-time exchange functionality needed for MiFID II compliance was incorporated into this latest software release, which was seamlessly deployed on Friday, 14th…

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July 18, 2017 BY admin

3 former UK Forex bank traders arraigned in antitrust conspiracy

Three United Kingdom nationals and former traders of major banks voluntarily surrendered to the FBI and were arraigned on a charge arising from their alleged roles in a conspiracy to manipulate the price of U.S. dollars and euros exchanged in the foreign currency exchange (FX) spot market, the Justice Department announced today. A one-count indictment,…

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ANZ launches smartphone ATM access in Australia
July 18, 2017 BY Valentina Kirilova

ANZ partners with Samsung Pay to give more choice in mobile payments

The Australia and New Zealand Banking Group Limited (ANZ) today announced its customers in Australia can now use Samsung Pay to easily make secure purchases wherever contactless payments are accepted. The introduction of Samsung Pay marks the fourth mobile payment service ANZ offers its Australian customers and further enhances the bank’s leadership position in using…

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Regulation
July 18, 2017 BY Valentina Kirilova

ASIC checks on limited AFS license experience

ASIC announced that has visited twenty limited Australian Financial Services (AFS) licensees during 2016 – 2017 to assess how they were operating under their new licences and to discuss and promote compliance with their AFS licensee obligations. This program followed the removal from 1 July 2016 of the exemption from holding an AFS licence that…

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