As part of SWXess Maintenance Release (SMR6), SIX Swiss Exchange has launched SIX Swiss Exchange At Midpoint (SwissAtMid). This new service allows execution of Swiss equities in a non-displayed pool at the mid-point of its lit order book. SwissAtMid provides trading participants with significant price improvements in all Blue Chips as well as Mid and…
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Anthony Constantinou remains free on bail ahead of his sentencing on November 11.
Read moreInternational payments provider OFX has announced the roll-out of its integration with Xero, the cloud accounting software for small businesses, in the UK and New Zealand. The integration makes overseas payments easier for Xero’s small business customers in the UK and New Zealand, who will be able to take advantage of quick international batch payments at competitive…
Read moreThe Listing Committee of the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited (GEM Listing Committee) has censured Mr Mei Ping, former executive director, chairman of the Board and compliance officer of China Nonferrous Metals Company Limited (Stock Code: 8306) at the material time for his breaches of: director's duties under Rules…
Read moreASIC has made a new legislative instrument to replace Class Order [CO 02/225] Rights issue notifications, which was due to expire (‘sunset’) on 1 April 2017. The new legislative instrument is ASIC Corporations (Renounceable Rights Issue Notifications) Instrument 2016/993. The instrument has substantially the same effect as [CO 02/225]. It provides relief from certain sections…
Read moreFX trading applications provider CFH Systems has announced that it will acquire Capital Market Automation Provider Ltd.’s 49% stake in its China joint venture. in November 2015 with Capital Market Automation Provider, an MT4 hosting specialist, and has subsequently enhanced its infrastructure and local market knowledge. The organisation has an internet peering agreement with China Unicom,…
Read moreShenzhen Securities Information Co., Ltd. has signed a cooperation agreement with Euronext Hong Kong Limited, both parties aim to carry out innovative cooperation in small and medium-sized technology enterprise investment and financing services and information service platform construction based on their own market and information business advantages. The signing ceremony was held in Shenzhen Stock…
Read moreFormer Swissquote Group Holding SA (SWX:SQN) Head of Institutional Sales Nidal Adbel Hadi has joined US-based Advanced Markets and Fortex as the companies' new Managing Director of Middle East and North Africa (MENA) operations and business development. Advanced Markets LLC is an institutional liquidity and prime of prime provider, while sister technology company Fortex Inc. has developed a leading ECN trading…
Read moreMulti-asset broker Saxo Bank has announced the appointment of Ashok Kalyanswamy (pictured at left) as its new Chief Information Officer (CIO) and a member of its Executive Team. The appointment follows Ashley Latham’s decision to step down as CIO. Kalyanswamy joins Saxo Bank with over 20 years of experience working in various senior technology positions…
Read moreBusiness information giant Thomson Reuters Corp (NYSE:TRI) has launched an FX Central Limit Order Book (CLOB) for the Nigerian market, a move that will enhance liquidity in the FX market and give the Central Bank of Nigeria (CBN) the tools to foster greater freedom in its financial markets. In launching the CLOB, Thomson Reuters worked closely…
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