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 moreTHEAM, 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 moreToday 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 moreUK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Watkins Consultancy Ltd. The company is not authorised by the FCA but has been targeting people in the UK: Watkins Consultancy Ltd Address: 1 New York Plaza,…
Read moreBrokerage company BGC Partners, Inc. (NASDAQ: BGCP) has announced an offer to exchange up to $285 million aggregate principal amount of its outstanding 5.125% Senior Notes due 2021 (the Old Notes) for an equivalent amount of its 5.125% Senior Notes due 2021 registered under the Securities Act of 1933, as amended (the Exchange Notes). $300 million in…
Read moreSecurities trading company KCG Holdings, Inc. (NYSE: KCG) has announced that it has completed the acquisition of Neonet Securities AB, an independent agency broker and execution specialist based in Stockholm, Sweden. The Neonet business, which will operate as a subsidiary of KCG and be renamed KCG Neonet, will continue to be based in Stockholm and led by…
Read moreThomson Reuters (TSX/NYSE: TRI) has announced the appointment of Kristin Peck to the company’s Board of Directors effective immediately. David Thomson, chairman of Thomson Reuters, commented: Kristin's strategic and innovative business model experience has focused on global markets and deep customer interactions. Her passion for talent and leadership development bodes well for our future. We surely welcome…
Read moreLeapRate Exclusive... LeapRate has learned that FCA and CySEC regulated retail forex broker FxPro has begun a refreshing of its brand with a change in its logo for the first time in 10 years. The main change to the FxPro logo has been the removal of the word 'Forex' from the tagline integrated into FxPro's ubiquitous…
Read moreSixteen new exchange-listed equity index funds issued by BNP Paribas Easy have been tradable via Xetra and Börse Frankfurt since Wednesday. Five of these new BNP Paribas Easy ETFs enable investors to participate in the performance of listed companies domiciled in Europe or the US which are selected based on one of the following criteria:…
Read moreASIC has permanently banned Mr Steven William Hill from engaging in credit activities and providing financial services. An ASIC investigation found that between January 2006 and February 2007, Mr Hill, through Hill Stephens & Associates Pty Ltd and International Finance Consortium (Aust) Pty Ltd induced various investors to pay approximately $618,000 to acquire interests in…
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