May 10, 2017 BY Valentina Kirilova
HKEX announces quarterly results, revenue up 11% YoY
Hong Kong Exchanges and Clearing Limited (HKEX) just released its quarterly results for the three months ended March 31 2017. The highlights are: Revenue and other income for Q14 2017 was 11% higher than Q1 2016, which was attributable to: - Increases in core revenue including Stock Exchange listing fees and depository, custody and nominee…
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May 10, 2017 BY Saxo Bank
Puts on EU banks look wise as valuations climb —#SaxoStrats
The former Bundesbank president and acting chairman of UBS, Alex Weber, and German finance minister Wolfgang Schaeuble have in the past couple of days said they believe the European Central Bank will or should soon begin tapering its quantitative easing. They hinted that that could happen around September. With growth at some of the highest…
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May 10, 2017 BY Valentina Kirilova
Thomson Reuters and S&P Global enter strategic transcript data agreement
A strategic data agreement between Thomson Reuters (NYSE:TRI) and S&P Global (NYSE: SPGI) will deliver the industry’s most comprehensive transcript data service to financial services professionals, Thomson Reuters reported earlier today. Under the agreement, S&P Global Market Intelligence (a division of S&P Global) will become a major provider of transcript coverage on both public and…
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May 10, 2017 BY FxPro
GBP/USD Bulls Retreat Ahead of BoE Statement
Thursday May 11th is a crucial day for GBP traders with the release of a series of UK economic data at 09:30 BST. Followed by the Bank of England’s (BoE) interest rate decision and monetary policy minutes at 12:00 BST and the NIESR GDP estimate (Feb to April) at 13:00 BST. Recent UK economic data…
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May 10, 2017 BY Think Markets
CNY PPI and CPI converge
We had flagged the potential for producer prices to dip yet there are additional signs this could be the beginning of a larger move lower. USDJPY continues to look bullish as it heads back above 114 for the 2nd session this week. Where producer prices missed, consumer prices tried to make up today to narrow…
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May 10, 2017 BY Valentina Kirilova
Hong Kong SFC adds M-Markets to its alert list
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…
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May 10, 2017 BY LeapRate Staff
AvaTrade Israel sub ATrade fined NIS 150,000 by ISA for misleading video advertising
Israeli financial regulator ISA (Israel Securities Authority) has fined the ATrade subsidiary (atrade.co.il) of global retail forex broker AvaTrade NIS 150,000 (USD 42,000), due to a misleading video the company was circulating as part of a recent promotional campaign. ATrade is one of six retail FX brokers which have received the relatively new ISA license,…
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May 10, 2017 BY Valentina Kirilova
DSMG Ltd's Binary Brokerz receives warning from Canadian regulator BCSC
Canadian securities regulator the British Columbia Securities Commission (BCSC) announced that has added to its Investment Caution List unregulated binary options broker Binary Brokerz, which is owned and operated by DSMG Ltd. (together, the Parties). Binary Brokerz claims to be based in London, England, and provides an online binary options trading platform, operating at www.binarybrokerz.com.…
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May 10, 2017 BY Valentina Kirilova
SFC reprimands and fines Promising Securities Company Limited $3.5 million
The Hong Kong Securities and Futures Commission (SFC) has reprimanded and fined Promising Securities Company Limited $3.5 million for breach of the Code of Conduct and the Management, Supervision and Internal Controls Guidelines. The SFC’s disciplinary action arose from a self-report by Promising in 2014 that a settlement staff had misappropriated client assets following an…
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