Moscow Exchange announced that it has successfully undergone an annual assurance review of compliance of the MOEX indices with the IOSCO Principles for Financial Benchmarks. Ernst & Young that had been engaged to complete the review affirmed that index management at Moscow Exchange met 19 IOSCO's principles, and provided reasonable assurance that the processes and…
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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 Global Attorney Services Boston. Global Attorney Services Boston is not authorised by the FCA but has been targeting people in the UK and is also carrying…
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Another wild week in Forex Industry News with more regulator action, more executive moves, more financial results from leading brokers and liquidity providers... ... and you read about all the important stories first or exclusively at LeapRate. Our top guest post of the week was also our most read and discussed post: Why has mobile adoption…
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The Autorité des Marchés Financiers (AMF) announced that wants to update its policy to reflect the rapid growth in exchange-traded funds (ETFs) and is submitting three proposed amendments to public consultation. This consultation will remain open for a period of two months and will end on 24 May 2017. ETFs have experienced explosive growth in…
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Aumann AG (ISIN: DE000A2DAM03) was listed in the Prime Standard of the Frankfurt Stock Exchange today, Deutsche Börse just announced. The placement volume of the company was around €250 million. The initial listing price was €48.20; the issue price €42.00. Berenberg, Citigroup and Hauck & Aufhäuser led the IPO. Berenberg is also the designated sponsor…
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IBM Security (NYSE: IBM) and SIX, the operator of the infrastructure underpinning the Swiss financial sector, today announced plans to leverage IBM Watson for Cyber Security in a new cognitive Security Operations Center (SOC). The new facility will be housed at SIX’s offices in Switzerland to provide localized cyber security services tailored to needs of…
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Hong Kong Exchanges and Clearing Limited (HKEX) announced that will introduce 5-year China Ministry of Finance Treasury Bond (MOF T-Bond) Futures on Monday, 10 April 2017. HKEX’s MOF T-Bond Futures will be the offshore markets’ first futures on domestic Chinese government bonds. HKEX is introducing the new futures to meet international investors’ growing demand for…
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The number of complaints regulators have received in the first half of 2016 by financial consumers has increased, the European Securities and Markets Authority (ESMA) says. ESMA’s recent report on trends, risks and vulnerabilities (TRV) reveals that the total number of complaints reported across the EU was 7,026 in 1H16 compared to 5,152 in 2H15.…
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The Securities and Futures Commission (SFC) has resolved its concerns with Merrill Lynch Far East Limited (MLFE) and Merrill Lynch (Asia Pacific) Limited (MLAP) over internal control failures. Under the resolution, the SFC reprimanded and fined them a total of $15 million for breaches of the Code of Conduct and the Internal Control Guidelines. In…
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Euronext and Vigeo Eiris today launched the CAC 40® Governance Index, a thematic index that rates companies in the Paris market’s benchmark CAC 40 index on their corporate governance performance. The CAC 40® Governance Index takes the constituent stocks of the CAC 40 index and weights the components based on their corporate governance score, using…
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