The Financial Conduct Authority (FCA) has today announced the appointment of Maggie Craig as the Head of Department, Scotland. Head of Department Scotland is a new role created to take forward the FCA’s presence in Scotland. Craig will be focused on developing this approach and contributing to Scottish aspects of FCA policies. Maggie Craig joined…
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Thomson Reuters (NYSE:TRI) announced that has enhanced its tick history data service, Tick History 2.0, to provide the financial industry with a powerful tool for developing algorithmic and systematic trading strategies and assist in meeting MiFID II requirements in 2018. The solution assists institutions in complying with MiFID II, by incorporating additional reference data fields…
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The National Commission for Companies and the Stock Exchange (Commissione Nazionale per le Società e la Borsa – CONSOB) announced that has: imposed a cautionary suspension, for a period of 90 days, pursuant to article 101, paragraph 4, letter b), of the Consolidated Law on Finance (TUF), on the advertising activity carried out through the…
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Mr. Kobi Gur, CEO of the financial trading solutions provider Leverate for the last two years, just announced that has advised the Board of Directors of his intention to leave his current position in order to pursue other interests. Kobi Gur joined Leverate in 2015 after co-founder Ron Strauss decided to leave the industry. He…
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The U.S. Commodity Futures Trading Commission’s (CFTC) Divisions of Swap Dealer and Intermediary Oversight (DSIO), Clearing and Risk, and Market Oversight (Divisions) has issued a time-limited no-action letter that extends relief to swap dealers (SDs) registered with the CFTC that are established under the laws of jurisdictions other than the United States (Non-U.S. SDs) from…
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Fidessa group plc (LON: FDSA) today announced that Marusan Securities Co., Ltd. (TYO:8613), an independent securities company headquartered in Tokyo, has gone live with Fidessa for its wholesale agency trading business. Japan's Financial Services Agency is now promoting wider adoption of "fiduciary duty – in a broad sense of serving the clients' interests", not only…
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The Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA) and ASIC announced that have today signed a Cooperation Agreement which provides a framework for cooperation to support and understand financial innovation in each jurisdiction. This Agreement expands ASIC's fintech cooperation network to a dynamic region with enormous potential. The Middle East and North…
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NZX Ltd (NZE:NZX) announced that Chief Financial Officer Bevan Miller has resigned to take up a role as Chief Financial Officer of The Co-operative Bank. NZX CEO Mark Peterson commented: On behalf of the team at NZX, I would like to thank Bevan for his enormous contribution and commitment to the organisation, and in turn New Zealand’s…
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The Securities and Exchange Commission (SEC) has announced an award of nearly $2.5 million to an employee of a domestic government agency whose whistleblower tip helped launch an SEC investigation and whose continued assistance enabled the SEC to address a company's misconduct. 'Whistleblowers can provide a wealth of information and ongoing assistance that helps our…
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Hong Kong retail forex broker KVB Kunlun Financial Group Ltd (HKG:8077) has issued a statement warning investors that it expects to record a significant decrease in net profit for the first six months of 2017, as compared to the net profit recorded for the six months ended 30 June 2016. Profit warnings have become something of…
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