Moscow Exchange
November 24, 2021 BY Steffy Bogdanova

MOEX expands international share offering to more than 500 stocks

All shares international companies that can be traded on Moscow Exchange are available in RUB and the currency of the primary listing, primarily US dollars. According to the official announcement, National Clearing Centre (NCC, part of Moscow Exchange Group) takes securities of international companies as collateral for trades made on Moscow Exchange markets. MOEX further…

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ASIC
November 23, 2021 BY Steffy Bogdanova

ASIC obtains court order against Maliver

According to ASIC’s announcement, Caddick operated without an AFS licence between October 2012 and November 2020. This decision made by the court follows a three-day hearing held on 29 June 2021. There were criminal charges brought up in march against Caddick, however, they were withdrawn in order to enable civil proceedings in the Federal Court…

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Euroclear
November 23, 2021 BY Steffy Bogdanova

Euroclear names Michal Paprocki Group Chief Information Officer

Before joining Euroclear in 2018, Paprocki was CEO of ING Tech Poland. There, he was responsible for the company’s IT technology hub, overseeing full global IT delivery. Paprocki holds a postgraduate MBA Degree from Warsaw University of Technology. In his new position at Euroclear, he will continue the company’s IT transformation into new technologies, reinforcing…

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Acquisition
November 23, 2021 BY Steffy Bogdanova

United Fintech acquires trading analytics firm FairXchange

Frahm noted that the acquisition will not impact FairXchange clients and employees’ everyday business. The trading analytics firm fits with United Fintech’s strategy of acquiring Capital Markets software products ready for scaling and global roll-out on its platform. United Fintech aims to help big banks and financial institutions accelerate the implementation of digital technology. Guy…

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Whistleblower
November 23, 2021 BY Steffy Bogdanova

Whistleblowers receive more than $10.4 million from SEC

Emily Pasquinelli, Acting Chief of the SEC’s Office of the Whistleblower said: Today’s whistleblowers provided information and assistance that proved critical to several enforcement actions. Their information allowed the agency to conserve significant resources and to bring each action more efficiently. So far, the agency has awarded over $1.2 billion to a total of 233…

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Acquisition
November 22, 2021 BY Steffy Bogdanova

smartTrade acquires Canadian technology firm TickTrade

David Vincent, Chief Executive Officer & Co-Founder at smartTrade Group, said: For both smartTrade and TickTrade customers, the combination is extremely compelling. It brings two industry-leading technologies together – one complementing the other, creating a unique breadth and depth of product capabilities. Baha Ohcebol, Co-Founder of TickTrade, commented: This is great news for TickTrade customers.…

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Saxo Bank
November 22, 2021 BY Steffy Bogdanova

Saxo adds nine Crypto-FX pairs to TradingView

The new additions follow an expansion of Saxo’s offering with 520 stock tickers in October. They included some of the most traded companies from major stock exchanges in Europe and Asia, as well as a range of stocks and single-stock CFDs on US exchanges which have been available since July. Saxo Bank noted that the…

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Saxo Markets appoints Jessica Amir and David Harvie to Australian team
November 22, 2021 BY Steffy Bogdanova

Saxo Markets Australia hires Jessica Amir and David Harvie

Jessica Amir commented: I’m incredibly excited to be joining a global fintech pioneer like Saxo. Over the last 15 years I’ve become increasingly passionate about demystifying  the finance world and global markets. I also extreemly enjoy helping investors understand what drives markets and how they can maximise their investments. David Harvie joins Saxo Markets from…

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SEC warning
November 22, 2021 BY Steffy Bogdanova

SEC issues warning against imposters

The SEC stated in its official alert: These phone calls and voicemail messages are in no way connected to the SEC.  If you receive a communication that appears to be from the SEC, do not provide any personal information unless you have verified that you are dealing with the SEC.  The SEC does not seek…

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November 21, 2021 BY Alan Sayer

Oil Rallies as US Crude Stocks Decline in Tight Market

The United States is the largest consumer of crude oil in the world. Spurred by strong demand in the US and global supply shortage, oil prices have reached a new high. On 26th October, Brent crude was selling at $86 a barrel, and US oil was up by 0.7% to $83.96. According to Goldman Sachs,…

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