London Stock Exchange Group (LSEG) today signed a Memorandum of Understanding (MoU) with the Kenyan Ministry of Energy and Petroleum. This is the first agreement signed between LSEG and the Government of Kenya. The agreement, signed by Charles Keter, Cabinet Secretary for Energy and Petroleum, and Nikhil Rathi, CEO, London Stock Exchange plc outlines both…
Read more
Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…
Read more
Deutsche Börse announced that the new smart beta equity index ETF issued by BNP Paribas Easy has been tradable via Xetra and Börse Frankfurt since Thursday. The BNP Paribas Easy iSTOXX MUTB Japan Quality 150 UCITS ETF enables investors to participate in the performance of the iSTOXX MUTB Japan Quality 150 Index. Companies are selected…
Read more
On 23 May 2017, following a two-day committal hearing at the Sydney Downing Centre, Local Court Magistrate Greg Grogin did not commit Mr Darren Wayne Thompson for trial on any of the 11 charges of procuring insider trading, ASIC announced earlier today. Mr Thompson was formerly employed by Credit Suisse Management Australia, most recently as…
Read more
The researchers of the Russian Quantum Center developed and tested the first quantum blockchain technology – a method of distributed storage and verification of financial, commercial, and other data protected by quantum cryptography, the Center announced earlier today. 10 years ago blockchain was thought of as some fun for computer geeks but times have changed…
Read more
Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…
Read more
STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, today announced the expansion of its presence in Asia Pacific with the opening of a new office in Hong Kong. To drive the company’s expansion across key Asian markets, STOXX appointed Jay Lin as Sales…
Read moreOn Thursday, OPEC announced that the existing output cut agreement will be extended for an additional 9 months, which was in line with market expectations. However, the scale of output cut remains the same at 1.8 million barrels a day. Besides, no new OPEC member states will join the agreement extension. In addition, the market…
Read more
FCA regulated online CFD brokerage house CMC Markets Plc (LON:CMCX) just announced that following a review of the executive director’s roles and responsibilities, the Board has agreed to reorganise the executive management team’s responsibilities to support the delivery of the Group’s strategy. With effect from 1 June 2017, Grant Foley and David Fineberg will assume…
Read more
ASIC released Report 525 Promoting better behaviour: Spot FX today. This report sets out ASIC's observations on key behavioural drivers of conduct arising from recent ASIC investigations into the wholesale spot foreign exchange (FX) businesses of the major Australian financial institutions. The spot FX market is a key global market and is of systemic importance…
Read more