February 16, 2017 BY Valentina Kirilova

Bats welcomes Tortoise as a new issuer to the Bats ETF Marketplace

Bats Global Markets, Inc.(Bats: BATS) welcomed Tortoise as a new issuer to the Bats ETF Marketplace. The Tortoise Water Fund (Bats: TBLU) seeks investment results that correspond generally to the price and distribution rate (total return) performance of the Tortoise Water Index. Companies included in the index are materially engaged in the water infrastructure or…

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February 15, 2017 BY LeapRate Staff

Binary Options group Novox Capital fined €175,000 by CySEC

Cyprus financial regulator CySEC has announced a €175,000 fine imposed to Novox Capital Ltd. Novox is a licensed CIF company which operates a number of Binary Options, Forex and CFDs brokerage brands, including OptionBit (at website optionbit.eu), ZoomTrader Global (at zoomtraderglobal.com), RoyalPip (at royalpip.com), and NGN Broker (at ngnbroker.com). The largest portion of the fine,…

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February 15, 2017 BY admin

South Africa Competition Commission prosecutes banks for Forex trading collusion

The Competition Commission of South Africa has today referred a Forex manipulation collusion case to the Competition Tribunal which has jurisdiction throughout South Africa and adjudicates competition matters. The Forex collusion case which was first announced back in April of 2015, officially was referred for the prosecution against the following 17 institutions: Bank of America Merrill…

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February 15, 2017 BY Valentina Kirilova

TMX Group sells TMX Atrium to Intercontinental Exchange

TMX Group (TSX:X) today announced that it has sold the wireless and extranet infrastructure services business known as TMX Atrium to Intercontinental Exchange (ICE). The decision to enter into this transaction was made within the scope of TMX's ongoing strategic initiative to streamline its organizational structure and position the company to deliver profitable long-term growth.…

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February 15, 2017 BY Valentina Kirilova

BNP Paribas Easy launches six new smart beta ETFs on Xetra

Six new equity index funds issued by BNP Paribas Easy SICAV have been tradable via Xetra since Tuesday, Deutsche Börse just announced. The six new BNP Paribas Easy ETFs enable investors to participate in the performance of stock corporations domiciled in Europe or the US which are selected based on one of the following criteria:…

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February 15, 2017 BY Valentina Kirilova

Malta MFSA and Abu Dhabi regulator sign MoU for bilateral cooperation agreement

The Malta Financial Services Authority just announced that, on the 2nd February 2017, it successfully concluded and signed a Memorandum of Understanding with the Abu Dhabi Global Market Financials Services Regulatory Authority. The Memorandum of Understanding establishes a framework of bilateral cooperation between the two Authorities in the carrying out of their respective duties and…

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February 15, 2017 BY Valentina Kirilova

SIX Swiss Exchange SLS includes two additional European markets

The internationalization of the SIX Swiss Exchange Liquidnet Service (SLS) provides participants with more options for non-displayed trading SLS announced that, as of today, supports trading in both Italian and Norwegian equities. This extension adds over 400 shares to the universe of tradable instruments, and brings the total number of markets supported by SLS to…

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fma warning
February 15, 2017 BY Valentina Kirilova

New Zealand's FMA updates strategic risk outlook and sets course for new era in conduct regulation

The Financial Markets Authority just published its updated Strategic Risk Outlook (SRO). This is a foundation FMA document and sets out how the regulator identifies and prioritises the key risks to its overall objective of fair, efficient and transparent markets. In 2014, the FMA established seven strategic priorities to address the main risks and potential…

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