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…

Read more
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…

Read more
December 14, 2016 BY Valentina Kirilova

FCA proposes changes to FSCS client compensation rules

The Financial Conduct Authority (FCA) has today announced that it is inviting views on the future funding of the Financial Services Compensation Scheme (FSCS) and has also launched a consultation on a number of specific changes to its scheme rules. The FSCS is the UK’s statutory compensation scheme of last resort, which can step in…

Read more
December 14, 2016 BY Valentina Kirilova

ASIC reports on corporate insolvencies

ASIC today published its annual overview of corporate insolvencies based on statutory reports lodged by external administrators for the 2015–16 financial year. Report 507 Insolvency statistics: External administrators’ reports (July 2015 to June 2016) is ASIC's eighth report and provides information on the nature of corporate insolvencies, supplementing the monthly statistics that ASIC publishes on…

Read more