Deutsche Börse AG just announced that is exercising a third and also final call option on shares in Tradegate AG and will thereby increase its approximately 15-percent stake in Tradegate AG to almost 20%. Deutsche Börse AG exercised two call options back in 2014, increasing its then approximately five-percent stake in Tradegate AG to almost…
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In a prosecution brought by the Financial Conduct Authority (FCA) Mark Lyttleton, a former Equity Portfolio Manager at BlackRock Investment Management (UK) Limited, has today been sentenced to 18 months reduced with credit to 12 months on two counts of insider dealing. A confiscation order was also made in the sum of £149,861.27 and costs…
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Moscow Exchange (MOEX) has signed memorandums of understanding (MoUs) with two Chinese securities firms, CITIC Securities and Galaxy Securities, as part of an initiative to strengthen bilateral cooperation between China and Russia on capital markets and investment. The agreements were signed during an investment conference held by Moscow Exchange and Shanghai Stock Exchange (SSE) on…
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ASIC has commenced civil penalty proceedings in the Federal Court against Westpac subsidiaries Westpac Securities Administration Limited (WSAL) and BT Funds Management Limited (BTFM) for a number of contraventions, including failures of the 'best interests duty' introduced under the Future of Financial Advice reforms. The proceedings follow an ASIC investigation into Westpac's telephone sales campaigns…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Finance 2All. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to…
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The Securities and Exchange Commission today charged two men behind a phony day-trading firm with pocketing more than $1.4 million in deposits from hundreds of defrauded investors worldwide. The SEC alleges that Naris Chamroonrat of Bangkok, Thailand, recruited Adam L. Plumer of Las Vegas to help him lure investors to day-trade through an unregistered brokerage…
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TradingView, the advanced financial visualization platform and social network for traders and investors announced today an expansion of its data coverage. You can now purchase real-time stock and index data from Buenos Aires Stock Exchange (Argentina) with any professional plan. You can also purchase additional data from the following exchanges with any pro plan: AMEX…
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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 Einstein Transfer Ltd. Einstein Transfer Ltd is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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The U.S. Commodity Futures Trading Commission (CFTC) issued an Order today filing and settling charges against Goldman Sachs Group Inc (NYSE:GS) and Goldman, Sachs & Co. (collectively, Goldman or the Bank). The Order finds that, beginning in January 2007 and continuing through March 2012 (the Relevant Period), Goldman attempted, by and through certain of its…
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The Stock Exchange of Hong Kong Limited placed Anxin-China Holdings Limited into the third delisting stage today. If no viable resumption proposal is received by the end of the third delisting stage (i.e. 20 June 2017), Anxin-China Holdings’ listing will be cancelled. Trading of the company's shares was suspended on 1 April 2015 as it…
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