The clearing house LCH just announced that Neil Walker is standing down as a non-executive director of LCH’s SA and Group boards, effective immediately. Neil Walker will focus on executive commitments elsewhere. He has been a non-executive director for LCH since 2012 and has served as a member of LCH’s risk committees. Lex Hoogduin, Group Chairman,…
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The following article was written by Anya Aratovskaya, VP of Institutional Sales at Advanced Markets. Yesterday, I got an email from one of my old contacts thanking me for persuading him not to go into the retail FX brokerage business last year. The email was sent from the corporate domain of his new business venture,…
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STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, today introduced the STOXX Climate Impact and STOXX Climate Awareness Indices. This next generation of low carbon indices incorporates the CDP climate change scoring methodology which evaluates companies based on their progress in the transition…
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Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…
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U.S. Commodity Futures Trading Commission Acting Chairman J. Christopher Giancarlo announced that Daniel J. Davis has been named the agency’s General Counsel. Mr. Davis comes to the CFTC from the law firm of Proskauer Rose LLP, where he was Special Counsel in the Labor & Employment Law Department. Mr. Davis will assume his duties today.…
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Mr Stephen Burgin, an authorised representative of Interprac Financial Planning, closed his website steveburgin.com.au in response to concerns raised by ASIC. ASIC was concerned by images and references on the website which may have implied endorsements or approvals which were not actually held. This includes references to Mr Burgin as: A Senior ASIC Licensed Adviser;…
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The Ontario Securities Commission (OSC) published a white paper and video to highlight key insights gained from RegHackTO, the first hackathon by a securities regulator in Canada. Held in November 2016, RegHackTO brought together more than 120 members of the Canadian fintech community who competed to find solutions to regulatory problems in four areas: RegTech,…
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Dow Jones Media Group (DJMG ) announced the launch of Moneyish, a new lifestyle website that redefines finance-driven storytelling. Where sites like Vice Money, which launched in October, or Coinage, Time Inc.’s video-focused brand that bowed in February, or Mic Money, which went live last July (before turning into The Payoff), are focused on unpacking…
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Payments services company Paysafe Group Plc (LON:PAYS) has released its 2016 financial results, showing phenomenal top line growth of 63%, as the company joins the $1 billion annual Revenues club. Paysafe operates the Skrill and NETELLER online payments brands. Paysafe shares were hit hard in December, when a report issued by short selling firm Spotlight…
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Research firm Investment Trends released its 2016 Second Half Online Broking Report, an in-depth study of Australian online equities investors’ attitudes and behaviours. The study is based on a survey of over 13,000 investors and traders conducted in November 2016. Key highlights include: A record 77,000 Australians started trading online in the second half of…
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