June 13, 2017 BY Valentina Kirilova

BrickVest announces successful exit of its first investment

BrickVest, the online real estate investment platform, has announced its first successful exit less than 18 months after it launched its platform. The investment alongside CORESTATE Capital Group, the residential portfolio and commercial real estate markets investment firm, featured a sizeable national German retail portfolio of 23 assets. European investors who invested in the BrickVest…

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sfc bans
June 13, 2017 BY Valentina Kirilova

Hong Kong SFC bans a former employee of the HSBC

The Securities and Futures Commission (SFC) announced that has banned Mr Li Bo, a former employee of The Hongkong and Shanghai Banking Corporation Limited (HSBC), from re-entering the industry for eight months from 9 June 2017 to 8 February 2018 for breaching the SFC’s Code of Conduct. The disciplinary action follows an SFC investigation which…

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June 13, 2017 BY Valentina Kirilova

Malta MFSA fines retail forex broker BTFX €15,000

The Malta Financial Services Authority (MFSA) announced that has decided to impose an administrative penalty of €15,000 on BTFX Brokersclub Limited in terms of the powers granted to the Authority under Article 16A of the Investment Services Act. Brokersclub Limited was found in breach of: SLC 7.45 of Part BI of the Investment Services Rules…

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June 13, 2017 BY Valentina Kirilova

Broadridge adds MSCI ESG Fund Metrics to expand Global Market Intelligence platform

New data and analytics provide transparency on the environmental, social and governance characteristics of over 26,000 mutual funds Broadridge Financial Solutions, Inc. (NYSE:BR) just announced an agreement with MSCI ESG Research to add its ESG Fund Metrics to Broadridge’s Global Market Intelligence, the platform for domestic and cross-border fund data and analytics. Under the agreement,…

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June 13, 2017 BY Valentina Kirilova

Thomson Reuters sets partnership with cloud based messaging provider Symphony

Integration between Thomson Reuters Eikon and Symphony Workflow Platform to power information-rich collaboration across financial markets Financial professionals using Thomson Reuters (NYSE:TRI) and Symphony Communication Services, LLC have joined forces to foster open collaboration and information sharing across the financial services industry. The partnership will provide an integrated experience between the companies’ two platforms to…

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June 13, 2017 BY Valentina Kirilova

Hong Kong and Australia seal agreement on fintech cooperation

The Hong Kong Securities and Futures Commission (SFC) and ASIC today signed a Co-operation Agreement which provides a framework for cooperation to support and understand financial innovation in each economy. This Cooperation Agreement builds on the already close ties between ASIC and the SFC, as well as the Australia-Hong Kong trade and investment relationship more…

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June 13, 2017 BY Valentina Kirilova

Fiserv buys digital banking specialist Monitise for £70 million

Acquisition expands digital technology suite to further enable financial institutions to provide innovative experiences and meet evolving expectations Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, announced today it has reached agreement on the terms of a recommended cash offer to acquire Monitise plc (LON: MONI). The acquisition is expected to…

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Saxo Bank OpenMarkets Australia
June 13, 2017 BY LeapRate Staff

Exclusive: Saxo Bank in Australia partnership with OpenMarkets

LeapRate Exclusive... LeapRate has learned that Copenhagen-based multi asset broker Saxo Bank has inked a new partnership with Australian online cash equities broker OpenMarkets. We expect the parties to make a formal announcement shortly. OpenMarkets is one of Australia’s fastest-growing online stockbrokers. The agreement is a reciprocal one, which will see OpenMarkets and Saxo Bank,…

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fca warning
June 13, 2017 BY Valentina Kirilova

FCA warns against Marketier Holdings (trading as Stox Market) 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 Marketier Holdings. Italy’s Consob and Canadian securities regulator BCSC have already warned against this company. Marketier Holdings is not authorised by the FCA but has been…

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June 13, 2017 BY Valentina Kirilova

Toronto Stock Exchange and TSX Venture Exchange expand to Israel

Yossi Boker to lead business development in key market Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) today announced Canada's leading equity markets have expanded into Israel. This move will focus on strengthening relationships with the Israeli business community and exploring new opportunities as part of the Exchanges' international growth strategy. We are very…

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