Morgan Stanley's quarterly profit rose 61.7% to $1.52 billion from $939 million for the quarter ended September 30, while earnings per shares rose to 81 cents from 48 cents. Earnings per share from continuing operations was 80 cents, far above the average analyst estimate of 63 cents, according to Thomson Reuters. Adjusted revenue from sales…
Read moreThe Commission de Surveillance du Secteur Financier (CSSF) has warned of the activities of an entity named Zidex Financials. The company claims to be supervised by the CSSF and located at 5th floor, 58 boulevard Royal, 2887 Luxembourg. The CSSF has informed that the entity Zidex Financials is not supervised by the CSSF and has not been…
Read moreThe Securities and Futures Commission (SFC) has welcomed the re-appointment by the Financial Secretary of Dr Kelvin Wong Tin-yau as a Non-Executive Director for a term of two years with effect from 20 October 2016. Dr Wong has first been appointed as a Non-Executive Director of the SFC on 20 October 2012. Dr Wong has provided the…
Read moreWith now less than three weeks to go, we thought that we would take a quick look at what UK oddsmakers and bookmakers are saying the 'real' odds are right now of either Hillary Clinton or Donald Trump winning the US Presidential election on November 8. Unlike polls, oddsmakers' numbers aren't estimates or polled people saying…
Read moreThe UK Financial Conduct Authority has put out details of the cloned firm Shaks Specialist Cars. 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 to…
Read moreHibernia Networks, a leading provider of global telecommunications services, has announced that IPC, a leading financial markets technology and service provider, has selected its Ultra Low Latency (ULL) service from Chicago to Tokyo. The service on this route features network latency performance of 121.90 milliseconds from CME in Chicago to JPS in Tokyo, providing IPC…
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At the end of the first autumn month retail FX broker Alpari Limited's turnover has increased by 5% over the August figure and amounted to $88.7 billion. The main fuel for the increase of 11% in September was the most popular among traders Alpari currency pair EURUSD. In relative terms, USDCAD currency pair has also made…
Read moreThe Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) have published for public comment a consultative report on Harmonisation of critical OTC derivatives data elements (other than UTI and UPI) – second batch. The report responds to the G20’s agreement in 2009 that all OTC derivatives contracts would…
Read moreTokyo Stock Exchange, Inc. (TSE) has started gathering public comments concerning the transition in calculation methodology from “full-market capitalization weighting” to “free-float adjusted market capitalization weighting” (hereafter “free-float weighting”) for TSE REIT-related Indices. If the transition is implemented as originally proposed, the underlying index of TSE REIT Index futures listed on Osaka Exchange, Inc. (OSE)…
Read moreThe UK Financial Conduct Authority has put out details of the cloned firm Click Search Media t/a Debt Friendly. 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…
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