September 13, 2016 BY Valentina Kirilova

Euroclear successfully converts to TARGET2-Securities

Euroclear has announced migration of its ESES CSDs to the TARGET2-Securities (T2S) platform. The migration process was completed successfully, alongside the other CSDs connecting to T2S in Wave 3. T2S increases cross-border settlement efficiency in Europe and presents new opportunities for firms to access liquidity and finance their activity more effectively. Through their migration to the…

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September 13, 2016 BY Valentina Kirilova

iShares launches first ETFs on innovative sector indices in iSTOXX FactSet Thematic index family on Xetra

Deutsche Börse has announced that four new sector ETFs issued by BlackRock have been tradable on Xetra and Börse Frankfurt since Tuesday. The four iShare ETFs enable investors to invest for the first time in sectors only very recently offered by the iSTOXX FactSet Thematic index family. The ETFs track the themes: Automation & Robotics,…

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September 13, 2016 BY LeapRate Staff

FXCM moving its shares from NYSE to NASDAQ

Retail forex broker FXCM Inc (NYSE:FXCM) has announced that it is transferring its stock exchange listing to The NASDAQ Global Market. Since going public in 2010, FXCM shares have traded on the 'big board' New York Stock Exchange (NYSE). FXCM rival Gain Capital Holdings Inc (NYSE:GCAP) also trades on the NYSE. The last day of trading on the…

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September 13, 2016 BY Valentina Kirilova

FXPRIMUS announces the launch of its VIP Trading Signals

FXPRIMUS has announced the launch of its VIP Trading Signals. Clients are provided with leading market Trading Signals, straight to their Members Area Dashboard. These Trading Signals ensure that clients have valuable trading alerts as and when they happen. Subscribing to trading signals will ensure that clients have all the information they need and at the right time.…

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September 13, 2016 BY Valentina Kirilova

New fees of the Moscow Exchange Derivatives Market

At its meeting on 9 September, the Supervisory Board adopted new tariffs for the Moscow Exchange Derivatives Market on the back of a new billing concept. The tariffs were agreed with the MOEX Derivatives Market Committee in August. The new billing concept envisages switching to fees in basis points (as a percentage of the trade…

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September 13, 2016 BY Valentina Kirilova

ASIC accepts enforceable undertaking to address compliance failures of Perth financial advice firm

ASIC has accepted an enforceable undertaking (EU) from Neo Financial Solutions Pty Ltd following concerns about the adequacy and application of Neo’s risk management and compliance frameworks. Under the EU, Neo will engage an independent expert to assess, report and make recommendations about Neo’s risk management and compliance frameworks. NEO is based in Perth, Western…

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September 13, 2016 BY Valentina Kirilova

Westpac refunds $9.2 million after failing to waive bank account fees for eligible customers

Westpac Banking Corporation (WBC:ASX) has recently refunded approximately $20 million to around 820,000 customers for not clearly disclosing the types of credit card transactions that attract foreign transaction fees. Now the banking corporation has refunded approximately $9.2 million to 161,414 customers after it failed to waive fees on Westpac and St. George branded savings and…

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September 13, 2016 BY Valentina Kirilova

H2Ocean embraces OnMarket Technology for IPO

H2Ocean Ltd, a company which invests in a diversified global portfolio of early and growth stage financial technology (fintech) companies, has announced that it is extending the reach of its Initial Public Offering (IPO) and offering shares to retail investors through fintech firm OnMarket. Ben Heap, co-founder of H2Ocean, said: We are delighted that investors can…

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