December 14, 2016 BY Valentina Kirilova

Fiserv research: Consumers expect multi-channel financial services yet many still prefer the branch

Fiserv, Inc. (NASDAQ:FISV), a global provider of financial services technology solutions, has released the results of Expectations & Experiences, its quarterly consumer trends survey. Consumers increasingly expect financial services on-demand and on their terms, and the study revealed that transaction type and life stage often relate to how people bank. While a majority of consumers…

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December 14, 2016 BY Valentina Kirilova

FCA warns on clone firm of Escrow Custodian Services

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Escrow Custodian Services. 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…

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AFM imposes an order for incremental penalty payments on Miscanthus Green Power B.V.
December 14, 2016 BY Valentina Kirilova

Netherlands regulator AFM suspends trading in Telegraaf Media Group N.V.

The Netherlands Authority for the Financial Markets (AFM) just announced that it has given an instruction to suspend trading in Telegraaf Media Group. Financial instrument: Telegraaf Media Group N.V. ISIN code: NL0000386605 The reason for suspension has not been announced yet, but trading in Telegraaf Media Group will be forbidden with immediate effect, as from December…

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December 14, 2016 BY Valentina Kirilova

KCG reports 27% MoM rise in November dollar volume traded

KCG Holdings, Inc. (NYSE: KCG) has just released its trade volumes for the month of November 2016. In Market Making, KCG averaged $32.8 billion dollar volume traded, which is exactly 26.64% more than October's $25.9 billion, also 6.7 billion shares traded, and 3.9 million trades per day in U.S. equities. In Global Execution Services: KCG…

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Securities Commission Malaysia: New capital market initiatives
December 14, 2016 BY Valentina Kirilova

Malaysia SC revokes licence of Ravindran Nair / Vasudevan Nair

Securities Commission Malaysia (SC) has revoked the Capital Markets Services Representative’s Licence (CMSRL) of Ravindran Nair a/l Vasudevan Nair for the regulated activity of financial planning under section 72 read together with section 65 of the Capital Markets and Services Act 2007 (CMSA), effective 18 November 2016. Ravindran was formerly attached with Blueprint Planning Sdn…

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