Yum Brands Inc (YUM.N), owner of Pizza Hut, KFC and Taco Bell, shared it expects to return as much as $13.5 billion to shareholders by 2019 after the separation of its China unit. Yum Brands' shares were up 1.2% at $88.45 before the bell on Tuesday. The company said it would increase franchise restaurant ownership to…
Read moreThe European Securities and Markets Authority (ESMA) has published today an updated version of its question and answer document (Q&A) on the application of the Markets in Financial Instruments Directive (MiFID) to the marketing and sale of financial contracts for difference (CFDs) and other speculative products to retail clients (such as binary options and rolling…
Read moreDubai Gold and Commodities Exchange (DGCX) has welcomed ABN AMRO Clearing Bank N.V. as a Special Clearing Member on Dubai Commodities Clearing Corporation (DCCC). DCCC is a wholly owned subsidiary of DGCX and acts as central counterparty for all trades executed on the Exchange. ABN AMRO Clearing is a global company in clearing and post-trade services and…
Read moreLeapRate Exclusive... LeapRate has learned via regulatory filings that 2015 was another banner year of growth for ETX Capital. After seeing 2014 revenues soar by 38%, the company continued the positive momentum in fiscal year 2015, with revenues up another 20% to £41.3 million (USD $51 million). However the growth came at a cost, with…
Read moreFXCM Inc. (NASDAQ:FXCM) has announced certain key customer trading metrics for September 2016 for its retail and institutional foreign exchange business. September seems to be a great month for FXCM's retail FX volume results since they have reached their highest peak since January 2016. Here are the highlights: September 2016 Customer Trading Metrics from Continuing Operations Retail Customer Trading Metrics Retail…
Read moreFCA regulated online brokerage group CMC Markets Plc (LON:CMCX) has expanded its product portfolio with the launch of Knock-Out CFDs in Germany and Austria. Clients will be able to trade Knock-Outs in an easy and customisable way via the Next Generation platform. A Knock-Out CFD is a popular limited-risk form of derivative trading which enables a…
Read moreThe Cyprus Securities and Exchange Commission ( CySEC) has informed the Cyprus Investment Firms (CIFs) about the following: According to the Investment Services and Activities and Regulated Markets Law CIFs are obliged to be members of, and contribute to, the Investors Compensation Fund (ICF). By now for capital adequacy purposes, the ICF contribution has been categorised as an…
Read moreBoston Ivy domain registry today announces its partnership with Sedo.com, the world's largest domain marketplace and monetization provider, for an upcoming auction of premium domain names. The online auction, which will run from October 27 until November 3, 2016, will mostly feature financial domain names, reflecting four of Boston Ivy's six Top Level Domains - .markets,…
Read moreBusiness information giant Thomson Reuters Corp (NYSE:TRI) and AIM Software have announced the release of an upgraded and fully standardized adapter that allows buy-side firms to connect DataScope Select pricing and reference data with AIM Software’s enterprise data management (EDM) platform, GAIN. The innovative solution allows investment managers, asset managers and asset servicing firms who use…
Read moreThe Stock Exchange of Hong Kong Limited (SEHK) and Hong Kong Securities Clearing Company Limited (HKSCC), wholly-owned subsidiaries of Hong Kong Exchanges and Clearing Limited (HKEX), have signed an agreement (the Four-party Agreement) today with the Shenzhen Stock Exchange (SZSE) and China Securities Depository and Clearing Corporation Limited (ChinaClear) for the establishment of Shenzhen-Hong Kong…
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