Moscow Exchange announced it has completed dividend payments for 2016. The total sum paid was RUB 17.5 billion, representing 69.4% of 2016 consolidated net profit under International Financial Reporting Standards (IFRS). The dividend was RUB 7.68 per ordinary share. A total of RUB 13.9 billion was paid out to minority shareholders via the nominee holder…
Read more
Cloud Solution aims to cover full MiFID II workflow Eze Software, a global provider of investment technology, just announced that is rolling out a new cloud-based commission management platform designed to help the buy-side manage MiFID II requirements. Building on Eze Software’s extensive experience in commission management, the MiFID II-focused solution is designed to handle…
Read more
The Securities and Exchange Commission (SEC) announced that Kathryn A. Pyszka has been named an Associate Regional Director for Enforcement in the SEC’s Chicago Office. Ms. Pyszka succeeds Timothy L. Warren, who retired from the SEC in January. In her new role, Ms. Pyszka will co-lead the Chicago Office’s Enforcement program with Robert Burson, who…
Read more
MSCI announced today that beginning in June 2018, it will include A shares in the MSCI Emerging Markets Index. Mr Ashley Alder, the SFC’s Chief Executive Officer, commented: The inclusion of A shares in the MSCI Emerging Markets Index signifies the growing importance of the A-share market to international investors, and will further strengthen Hong…
Read more
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 East Coast Law Firm. East Coast Law Firm is not authorised by the FCA but has been targeting people in the UK and is also carrying…
Read more
Forex trading platform developer MetaQuotes just announced that has released a new version of the MetaTrader 5 mobile web application for trading Forex and world exchanges. The main innovation of the updated version is the Depth of Market feature. Now, MetaTrader 5 Mobile Web provides all the necessary tools for trading in a mobile browser,…
Read more
Japanese online trading company Monex Group Inc. (TYO:8698) has reported its monthly consolidated financial results for May 2017. Operating revenue was 3,932 million yen in May, up 11% from April's 3,553 million yen and also up from last year's 3,618. Monex Group reporter its monthly business metrics of its subsidiaries in May 2017 earlier this…
Read more
The Ontario Securities Commission (OSC) today launched a newly redesigned and mobile-friendly GetSmarterAboutMoney.ca. GetSmarterAboutMoney.ca is an investor education website that provides investors with unbiased information and interactive resources to help them make informed investment decisions. The OSC has redeveloped the website from the ground up to enable visitors using mobile devices and tablets to engage…
Read more
Quantave, the complete trade life-cycle infrastructure for digital assets, announced that has officially entered their closed beta-testing phase today. The infrastructure opens the digital assets market to institutional traders and investors, transforming the way they engage and transact with this dynamic market, whilst ensuring the safety and security of their assets. Quantave is now rigorously…
Read more
The FMA announced that it is seeking feedback on its proposals to allow entities to provide personalised financial advice generated by a computer programme or algorithm (robo-advice). This would be a temporary measure before new legislation is passed by Parliament. Robo-advice has been increasingly adopted around the world and especially in the Far East, and…
Read more