September 09, 2016 BY Valentina Kirilova

SFC and HKEX extend deadline for response to the joint consultation on listing regulation

The Securities and Futures Commission (SFC) and The Stock Exchange of Hong Kong Limited, a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), have announced a two-month extension of the deadline for responding to the joint consultation on the proposed enhancements to the Exchange’s decision-making and governance structure for listing regulationNote. The consultation…

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September 09, 2016 BY Valentina Kirilova

Court appoints provisional liquidator to Uglii Corporation Limited and other related companies

Following an application by ASIC, the Federal Court of Australia has ordered the appointment of Ms Robyn Erskine and Mr Adrian Hunter of Brooke Bird as joint and several provisional liquidators of Uglii Corporation Limited, Traralgon Technology Holdings Limited, Uglii Find Australia Limited, BizMio Limited, Projects Discovery Services Pty Ltd and Global Ads System Pty…

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September 09, 2016 BY Valentina Kirilova

Executives charged with inflating performance of real estate investment trust

The Securities and Exchange Commission (SEC) has charged two former accounting executives with overstating the financial performance of a large publicly-traded real estate investment trust (REIT) then known as American Realty Capital Properties (ARCP) by purposely inflating a key metric used by analysts and investors to assess the company. According to the SEC’s complaint, then-chief financial…

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September 09, 2016 BY Valentina Kirilova

Deutsche Börse: New db x-trackers bond index ETF on Asian corporate bonds ex Japan tradable on Xetra

A new db x-trackers ETF from the Deutsche Asset Management ETF product family has been tradable in Deutsche Börse's XTF segment via Xetra and Börse Frankfurt since Thursday. Name: db x-trackers II iBoxx USD Liquid Asia Ex-Japan Corporate Bond UCITS ETF (DR) Asset class: bond index ETF ISIN: LU1409136006 Total expense ratio: 0.30% Distribution policy:…

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September 09, 2016 BY Valentina Kirilova

ICAP appoints Seth Johnson CEO of EBS BrokerTec

Interdealer broker ICAP plc (IAP.L) has announced that Seth Johnson, currently Head of Strategy at ICAP’s Global Broking division, has been appointed CEO of EBS BrokerTec. Johnson takes over from Gil Mandelzis who, as announced on July 21, 2016, has decided to leave ICAP. As Head of Strategy for Global Broking, Johnson has been responsible for growing…

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September 08, 2016 BY Mike Fox

Thomson Reuters spot Forex volumes for August down 14.4% MoM

Thomson Reuters Corp (NYSE:TRI) has published their Forex volume metrics for August 2016, with spot FX volumes dropping to $83 billion, 14.4% off MoM from July's $97 billion. The summer slowdown of July and August hit after the massive volatility on Brexit day saw Reuters FX trading platforms report 3x the normal volume the Friday of the vote during June, with…

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