September 16, 2016 BY Valentina Kirilova

ASIC bans alternative investment spruiker for four years

ASIC has banned Mr Geoffrey Woodcock of Auckland, New Zealand, from providing financial services for a period of four years. Between November 2011 and October 2013, Mr Woodcock was the founder and manager of Capital Alternatives Pty Ltd and a director of Velvet Assets Pty Ltd. Both of those companies promoted alternative investments in Australia.…

Read more
September 16, 2016 BY Valentina Kirilova

Playtech provides first native app to bet365, speed 3x HTML5

bet365 has become the first operator to go live with Playtech’s new native mobile casino application, offering instant gameplay and improved speed and performance across all iOS and Android devices. bet365 players can download and play games in seconds, with loading speeds up to three times faster than HTML5 equivalents, giving them instant access to…

Read more
September 15, 2016 BY Mike Fox

Options trading now available at AMP Futures using Rithmic

AMP Futures, a Chicago-based Futures Commission Merchant (FCM) today announced that the Rithmic R | Trader platform now includes options trading. Rithmic is a developer of high performance multi-asset trade execution software. This Initial Release includes Options Trading on all CME exchanges: CME CBOT NYMEX COMEX 2nd phase release will enable live options trading using CQG 3rd…

Read more
September 15, 2016 BY Mike Fox

India to start mock trading for international exchange starting in October

Indian financial exchange BSE today said it has decided to begin mock trading sessions for its international exchange in Gujarat International Finance Tec-City (GIFT) from October 3rd. BSE had signed a pact with GIFT SEZ Ltd in January last year to set up BSE International Exchange and BSE International Clearing Corporation at the GIFT city…

Read more
September 15, 2016 BY Mike Fox

CBOE to launch options on FTSE Emerging Index

CBOE Holdings, Inc (NASDAQ:CBOE) today announced that it plans to launch options on the FTSE Emerging Index on September 26, 2016. The FTSE Emerging Index is a market-capitalization weighted index representing the performance of large and mid-cap companies from advanced and secondary emerging markets. The FTSE Emerging Index (Ticker: FTEM) includes approximately 972 securities from 22…

Read more
September 15, 2016 BY Valentina Kirilova

TMX Market Insights announces new leader of real-time data team

TMX Market Insights has announced that it has named John Willock as Director, TMX Datalinx, effective September 26, 2016. Reporting directly to Eric Sinclair, President, TMX Market Insights and Group Head of Information Services, TMX Group, Mr. Willock will be responsible for managing the suite of TMX Datalinx real-time products and services, including all equities,…

Read more
September 15, 2016 BY Valentina Kirilova

CySEC announces Guidelines on Cross Selling Practices under MiFID II

The Cyprus Securities and Exchange Commission (CySEC) has informed the Regulated Entities that the European Securities and Markets Authority (ESMA) has published its Guidelines on Cross Selling Practices under MiFID II to ensure investors are treated fairly when a firm offers two or more financial products or services as part of a package. The Guidelines include…

Read more
September 15, 2016 BY Valentina Kirilova

KCG Holdings release August trading volumes, down in fixed income

KCG Holdings, Inc. (NYSE: KCG) has also released its trade volumes for the month of August 2016 today. In Market Making, KCG averaged $24.1 billion dollar volume traded, 3.7 billion shares traded, and 3.1 million trades per day in U.S. equities. In Global Execution Services: KCG Institutional Equities averaged 194.6 million U.S. equity shares traded per…

Read more
September 15, 2016 BY Valentina Kirilova

THEAM aims to triple assets under management in ETFs by 2020

THEAM, BNP Paribas (EPA:BNP) Investment Partners’ specialist in capital-protected, indexed and model-driven management, has unveiled a new strategic plan for its indexed fund activities, confirming its intention to double assets under management in indexed funds and triple those of exchange-traded funds (ETFs) by 2020. Denis Panel, CEO of THEAM, comments: Our expertise in indexed management…

Read more
September 15, 2016 BY Valentina Kirilova

FCA warns on clone firm of Sky Financial Services

Today the UK Financial Conduct Authority put out details of the cloned firm Sky Financial Services. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. This FCA authorised firm that fraudsters are claiming to work for has no association with…

Read more