February 22, 2017 BY Valentina Kirilova

Brexit Bill passes UK House of Lords second reading

UK peers were given fresh warnings not to try to change the Brexit Bill after it cleared its first hurdle in the House of Lords. Brexit minister Lord Bridges mentioned voters had backed a "brutally simple" question in the referendum as he cautioned fellow peers against attempting to amend the legislation during what are expected…

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February 22, 2017 BY Valentina Kirilova

Blockchain Intelligence Group joins Wall Street Blockchain Alliance as corporate member

The Wall Street Blockchain Alliance (WSBA), a non-profit trade association, just announced that Blockchain Intelligence Group (BIG) has joined the organization as its newest corporate member. BIG’s proprietary Blockbits, BitRank and Qlue products provide real-time search, data analytics and risk assessment for blockchain-based data and assets, such as bitcoin and other cryptocurrency transactions, providing essential…

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WFE launches new website & members’ portal
February 22, 2017 BY Valentina Kirilova

World Federation of Exchanges publishes report into SME financing & equity markets

The World Federation of Exchanges (WFE), which represents more than 200 market infrastructure providers including exchanges and CCPs, published a report into exchanged-based financing of Small and Medium Enterprises (SMEs), aimed at identifying globally-consistent barriers and opportunities for enhancing SME access to equity finance. As significant employers and potential contributors to global economic development, the…

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February 22, 2017 BY Valentina Kirilova

Murex and Tullett Prebon Information (TPI) sign partnership agreement

Tullett Prebon Information (TPI), a provider of independent real-time price information from the global OTC financial and commodity markets, has signed a partnership agreement with Murex, the provider of trading, risk, and processing solutions. The deal allows Murex to use TPI’s data for internal model validation, while TPI gains exposure to a wider range of…

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STOXX Low Carbon products licensed to Italian bank IMI
February 22, 2017 BY Valentina Kirilova

Deutsche Boerse STOXX expands fixed income offering

STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, today introduced the EURO STOXX 50 Corporate Bond Sector, Rating and Maturity Bucket Sub-Indices. They expand the EURO STOXX 50 Corporate Bond Index, which was launched in April and is the fixed income equivalent of…

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UN report says North Korea laundered $2 billion theft via Hong Kong firm
February 22, 2017 BY Valentina Kirilova

Ex-Forex traders in Singapore jailed for cheating banks

Two former currency traders from Deutsche Bank AG and HSBC Holdings Plc were sentenced to jail terms of as long as 15 weeks for cheating the banks by making false trades, Bloomberg reported earlier today. Former HSBC senior dealer Ivan Chng was sentenced to 15 weeks in jail, Singapore High Court Justice See Kee Oon…

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February 22, 2017 BY Valentina Kirilova

Thomson Reuters Eikon to provide financial markets with European elections news and analysis

Information giant Thomson Reuters Corp (NYSE:TRI) has launched a dedicated app on its flagship desktop product Eikon that provides financial professionals with a one-stop location for market and economic data, news, and analysis leading up to and after the 2017 elections in The Netherlands (March 15), France (April 23 and May 7), and Germany (September…

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February 22, 2017 BY Valentina Kirilova

Canada's Joint Serious Offences Team makes first arrest in fight against financial crime

The Alberta Securities Commission (ASC) and the Alberta RCMP announced that Neil Andrew McDonald of Calgary has been charged with alleged breaches of the Criminal Code following an investigation by the Joint Serious Offences Team (JSOT) in Alberta. McDonald has been criminally charged with seven counts of fraud over $5,000 contrary to section 380(1)(a), one…

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