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 Cash Financers. Cash Financers is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
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The Expert Council for the prices of National Settlement Depository (NSD), Russia’s central securities depository, announced that has unanimously approved and recommended that the new methodology for calculating the value of ruble-denominated bonds be implemented. The new methodology is based on the newest concepts for assessing financial instruments with fixed income. The methodology was developed…
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SIX Swiss Exchange announced that has successfully completed the upgrade of its X-stream INET trading platform. Thanks to the upgrade, 99.9% of orders submitted will receive a response within 29 microseconds. Active stock exchange trading will therefore become more reliable for participants, especially in markets featuring exceptionally high volatility, as they will have precise information…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm E Money Limited/Evolution Money Limited. 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…
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The Hong Kong Securities and Futures Commission (SFC) has published consultation conclusions on the proposed regulatory capital regime for licensed corporations engaged in over-the-counter derivatives activities and other proposed changes to the Securities and Futures (Financial Resources) Rules (FRR). After carefully considering the comments received, the SFC will proceed to implement the proposed regime subject…
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Moscow Exchange (MOEX) just announced that Anton Terentiev has joined as Investor Relations Director. In this position, Anton Terentiev will oversee the Exchange"s IR activity and continue dialogue with the financial and investment community to maintain and expand MOEX"s investor base. Anton Terentiev brings 12 years of investment experience to the role from his career at Russian…
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Hong Kong Exchanges and Clearing Limited (HKEX) just announced that has successfully introduced Phase 2 of the Closing Auction Session (CAS) in its securities market. A two-phase approach was taken to ensure a smooth transition for investors and other market participants. CAS Phase 1, covering all constituents of the Hang Seng Composite LargeCap and MidCap…
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The Autorité des marchés financiers (AMF) has warned about proposals to invest in diamonds without complying with the new regulation. Law of 9 December 2016 on transparency, the fight against corruption and the modernization of economic life (the « Sapin II » lax) has introduced a changes in the system of intermediation in miscellaneous assets…
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The following article was written by Adinah Brown, content manager at Leverate. Marketing automation can be a powerful tool for marketers to manage their online marketing programs, but successful marketing automation is only as good as its implementation. Without correct implementation, marketers are not as likely to see the full potential of marketing automation realized.…
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Calypso Technology, a provider of capital markets and investment management software, announced today that it has acquired a minority stake in Sernova Financial, a provider of cloud-based clearing and post trade services. Powered by the Calypso Cloud platform, Sernova Financial recreates the shared infrastructure and service items of clearing brokers. By reducing the transaction costs…
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