Nordic Growth Market NGM AB and Privanet Group Oyj announced that have signed a letter of intent which would make NGM a significant owner of Privanet Group. Provided the extraordinary general meeting accepts the proposal, and subject to the approval of the Swedish and Finnish FSA, the directed share issue will be conducted in two…
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MTS, one of Europe’s premier fixed income trading venues, has unveiled new functionality that enables the trading of bilateral and centrally cleared Repo contracts between sell-side and buy-side participants for the first time, in collaboration with the launch of LCH’s Sponsored Clearing model from RepoClear. Sell-side dealers have long benefited from the efficiencies of electronic…
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The following article was written by Jens Chrzanowski, Member of the Management Board of Admiral Markets Group AS. Hello, MetaTrader 5 has been available on the market for quite some time, allowing the early adopters to use the next generation platform by MetaQuotes. The majority of traders haven’t yet made the jump, for the reasons we’ll…
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A Thomson Reuters (NYSE:TRI) special report, Projected 2018 Inflation-Adjusted Tax Brackets and Other Key Figures, demonstrates that tax brackets will be adjusted upward in 2018, easing the tax burden slightly for many taxpayers. The adjustments prevent the loss of tax benefits due solely to inflation. The report provides a detailed projection of inflation-adjusted income tax…
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Bats, a CBOE Holdings, Inc. (NASDAQ:CBOE) company, and a leading market for exchange-traded product (ETP) trading globally, today welcomed two new iShares fixed income funds to the Bats ETF Marketplace. The iShares 5-10 Year Investment Grade Corporate Bond ETF (Bats: MLQD), and iShares 10+ Year Investment Grade Corporate Bond ETF (Bats: LLQD), complete the iShares…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Beaufort Securities. 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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The Securities and Exchange Commission (SEC) announced that has charged the investment services subsidiary of SunTrust Banks with collecting more than $1.1 million in avoidable fees from clients by improperly recommending more expensive share classes of various mutual funds when cheaper shares of the same funds were available. SunTrust Investment Services has agreed to pay…
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Mr Michael Davie, of Keilor East, Victoria, has appeared in the Melbourne Magistrates Court and pleaded guilty to three charges of making false or misleading statements in documents submitted to ASIC. The charges, which follow an ASIC investigation, allege that on or about 3 August 2016, and in support of an application for an Australian…
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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 FCA Market - Financial Contract Authority. FCA Market - Financial Contract Authority is not authorised by the FCA but has been targeting people in the UK…
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Derivatives marketplace operator CME Group Inc (NASDAQ:CME) has announced that it will exit the company's credit default swap (CDS) clearing business by mid-2018, freeing up $650 million in clearing member capital. Going forward, in order to meet customer needs in light of uncleared margin rules, CME will focus its over-the-counter (OTC) clearing services on interest rate…
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