Smart beta ETFs issued by Fidelity International are tradable on Xetra and Börse Frankfurt as of today, constituting Fidelity's first ETF offering in Europe. The new ETFs enable investors to invest in global and US quality companies with high dividend yields, as well as stable profits and cash flow. The ETFs are aimed at generating…
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Shortly after the announcement of the Mauritius office opening, the retail Forex broker Alpari Limited shared another news regarding its expansion. myAlpari, in addition to other key services, is now available in Malaysian. The Malaysian version of Alpari's website will be launched in the coming days, allowing its clients from Malaysia to receive complete and…
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Following its recent acquisition of risk management solutions provider ThinkLiquidity, brokerage solutions provider IS Prime has announced the launch of a new product called PredatorWatch, out of its newly minted division IS Risk Analytics (ISRA). ISRA's PredatorWatch is meant to help brokers to identify toxic clients before or shortly after they trade. PredatorWatch uses ISRA’s wide client…
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Bats Europe, a CBOE Holdings Inc. (NASDAQ: CBOE) company, just announced it has expanded its trade reporting facility, BXTR, to offer a new service that enables buyside firms to meet their trade reporting obligations under MiFID II. The new service, an assisted reporting model, allows buy-side firms to enable their brokers to submit trade reports on…
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ASIC regulated Retail Forex broker IC Markets has announced today that it has yet again registered a record month for trading volumes in March 2017. March volumes totalled US$234 billion. Sydney-based IC Markets does not usually report its monthly volumes – last time its best-ever month was November 2016 at $188 billion. According to IC Markets’ Managing…
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Mr Steven Robert Noske, of Subiaco, Western Australia has today been found guilty and convicted on one count of insider trading brought by ASIC after a two week trial in the Western Australian Supreme Court. The charge related to the acquisition of 750,000 WestSide Corporation Limited shares between 6 and 10 February 2012 via a…
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New Zealand financial regulator The Financial Markets Authority (FMA) has issued a statement today confirming that it plans to require all brokers offering spot forex, CFD and binary options trading to obtain a derivatives license in the country. Until now, all 'short-term' derivatives trading was exempt from FMA licensing. The move, marking a change in…
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Following a request of Banco de Portugal, acting as the national resolution authority of Portugal, the Commission de Surveillance du Secteur Financier (CSSF) has requested the suspension of the financial instruments issued by Novo Banco S.A. and NB Finance Ltd. These financial instruments are to be suspended from trading on the regulated market of the…
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The Administrative Appeals Tribunal (AAT) has affirmed ASIC’s decision to ban Mr Ryan Batros from providing financial services for five years. The banning follows an ASIC investigation into Mr Batros’ conduct on 25 and 26 August 2014 in placing 'execution only' orders on the ASX that he had received from clients to sell shares and…
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Like GTX, the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP), the Tokyo Financial Exchange (TFX) just announced its March volumes and, considering the low start of the year, numbers are finally going up for them. The trading volume of Three-month Euroyen futures was 266,249 (+175.5% MoM / +4.7% YoY) and…
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