Minouche Shafik, Deputy Governor for Markets and Banking, will leave the Bank at the end of February 2017 to become the Director of the London School of Economics (LSE). Bank of England Governor Mark Carney commented: We will say farewell to Minouche with gratitude and regret. She helped drive vital reforms on the domestic and…
Read moreAfter the announcement that August FX volumes decreased by 5% YoY, GAIN Capital Holdings, Inc. (NYSE: GCAP) has reported certain operating metrics for the month of August 2016. Retail Segment Metrics OTC average daily volume of $8.3 billion, a decrease of 17.6% from July 2016 and 54.9% from August 2015. OTC trading volume of $191.9 billion, a decrease…
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Read moreSTOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a provider of innovative and tradable index concepts, has announced that the newly launched iSTOXX FactSet Thematic Indices that capture megatrends in investing have been licensed to iShares to underlie four exchange-traded funds (ETFs). iShares is a provider of ETFs, owned by BlackRock. The iSTOXX…
Read moreUniper SE (ISIN: DE000UNSE018) has been listed in the Prime Standard at the Frankfurt Stock Exchange since September 12, 2016. A total of about 366 million shares were placed in the IPO. The total issue volume was approximately €3.7 billion. The initial listing price was €10.015. Listing Agents were J.P. Morgan und Morgan Stanley. Designated…
Read moreASIC has permanently banned former Sydney finance broker, Jennifer Farias of Elderslie, from engaging in credit activities and providing financial services. The bannings follow an ASIC investigation and criminal action against Ms Farias who pleaded guilty in the NSW Local Court in the Downing Centre in Sydney to three charges of loan fraud. ASIC's Deputy…
Read moreThe Cyprus Securities and Exchange Commission has clarified that the suspension of the authorisation of the Cyprus Investment Firm Atlas Capital Financial Services Ltd has automatically been extended and the proceedings for the possible withdrawal of the relevant authorisation has commenced, pursuant to section 26(4)(b) of the Investment Services and Activities and Regulated Markets Law…
Read moreMetaQuotes Software Corp. has announced the integration gateway to LMAX Exchange, the multilateral trading facility (MTF) for trading FX, precious metals and indices. The MetaTrader 5 Gateway to LMAX Exchange will enable brokers, funds and professional traders to access streaming limit order liquidity, transparent price discovery and exchange quality execution. The 'no last look' feature applied…
Read moreHong 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…
Read moreThe Securities and Exchange Commission (SEC) has announced that a subsidiary of Oklahoma-based BOK Financial Corporation (BOKF:NASDAQ) has agreed to pay more than $1.6 million to settle charges that it concealed numerous problems and red flags from investors in municipal bond offerings to purchase and renovate senior living facilities. The agency also filed a complaint in federal…
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