The European Power Exchange EPEX SPOT and European Commodity Clearing (ECC) have been chosen by the Irish transmission system operators EirGrid and SONI as service providers for the Integrated Single Electricity Market in Ireland (I-SEM). Together, they will support EirGrid and SONI to set up the new local power exchange SEMOpx which will operate the…
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The Listing Committee of The Stock Exchange of Hong Kong Limited (HKEX) just announced that has censured Datang International Power Generation Co., Ltd. (Stock Code: 991) for breaching Rules 14A.35, 14A.36, 14A.46 and 14A.49 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (and the corresponding provisions in…
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The Market Misconduct Tribunal (MMT) has found that Yorkey Optical International (Cayman) Limited, its CEO Mr Nagai Michio and Financial Controller Mr Ng Chi Ching failed to disclose inside information as soon as reasonably practicable under the corporate disclosure regime following proceedings brought by the Securities and Futures Commission (SFC). The MMT found that there…
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Multi-asset brokerage and trading solutions provider PFSOFT has announced that it has recently integrated its Protrader platform with liquidity from InterTrader Ltd. InterTrader is a unit of sports betting and gaming company GVC Holdings PLC (LON:GVC), which includes the Sportingbet, bwin and PartyGaming brands. InterTrader provides multi-asset-class liquidity across forex, indices, commodities, equities, bonds and interest rates, with access…
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LeapRate Exclusive... LeapRate has learned that Australia-based retail forex broker Pepperstone has suspended trading for clients in its UK subsidiary Pepperstone Limited. LeapRate had exclusively reported last September on Pepperstone's somewhat quiet entry into the FCA regulated broker market. Pepperstone acquired what is now its UK subsidiary from online entrepreneur Mohammed Tayeb, who alongside his broker Omar…
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The Payment Systems Regulator (PSR), the economic regulator for the £75 trillion UK payment systems industry, has today published draft Terms of Reference outlining how it intends to review whether the operators of CHAPS and Faster Payments Scheme (FPS), need to play an expanded role in helping to minimise consumer harm caused by particular types…
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Financial markets regulator National Commission for Companies and the Stock Exchange (CONSOB) just published a warning against GMoption, LinkGM Limited and BT Systems Ltd. These companies are not authorised to provide investment services or carry out activities in Italy in any way and, including through the website www.gmoption.com. The Commissione Nazionale per le Società e…
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NEX Exchange, a NEX Group (LON:NXG) business which operates a regulated, UK stock exchange for small and medium companies, announces today that it has appointed Mireille Dyrberg to its Board as a Non-Executive Director. Mireille is Chief Operating Officer of TriOptima, a NEX Group business which lowers costs and mitigates risk in OTC derivatives markets.…
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The Canadian Securities Administrators (CSA) released its 2016 Enforcement Report. The ninth annual report highlights actions taken across Canada to deter and sanction wrongdoing in the capital markets. In 2016, CSA members continued with efforts to deter and sanction financial wrongdoing, with two jurisdictions implementing whistleblower programs, and a third partnering with law enforcement,” said…
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NEX Group plc (LON:NXG) announced that on 21 February 2017 the United States District Court in the Southern District of New York dismissed two entities which formed part of the ICAP Group (ICAP plc and ICAP Europe Limited) from a class action case brought by various investors who alleged manipulation of the Euro Interbank Offered…
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