August 09, 2016 BY Valentina Kirilova

EEX Emissions Market adds Belektron as a new Market Maker

The European Energy Exchange (EEX) has announced that the Business to Business service company Belektron has been welcomed as a new Market Maker on the Derivatives Market for Emission Allowances. Since January 2015, Belektron has been active as a Market Maker on the EUA Spot Market and has provided buy and sell orders on the EUA Futures…

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August 09, 2016 BY Valentina Kirilova

OTC Markets announces listing of Enzon Pharmaceuticals to OTCQX

OTC Markets Group Inc. (OTCQX: OTCM) has announced that the pharmaceutical company Enzon Pharmaceuticals, Inc. (OTCQX: ENZN) has qualified to trade on the OTCQX® Best Market. Enzon Pharmaceuticals, Inc. begins trading today on OTCQX under the symbol ENZN. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company here. Jason Paltrowitz,…

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August 09, 2016 BY Valentina Kirilova

CySEC continues ASP license suspension of Mutual Trust Limited

Cyprus financial regulator CySEC has once again extended the suspension of ASP license of the administrative services provider Mutual Trust Limited. CySEC has stated that Mutual Trust Limited appears to be non-compliant with Cyprus’ law of protection of client funds, its own funds appear to be less than the sum of its capital requirements, and…

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August 09, 2016 BY Valentina Kirilova

Tullett Prebon teams up with GMEX Group to develop electronic trading platform

Tullett Prebon Plc (LON:TLPR) has announced that it has entered into a partnership with GMEX Group to develop a best-in-class hybrid voice and electronic trading platform for FX Options. The new FX Options trading solution will enhance Tullett Prebon’s offering to its clients, integrating GMEX’s request for quote (RFQ) technology with Tullett Prebon’s existing central limit…

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August 09, 2016 BY Valentina Kirilova

FCA fines Cenkos Securities £530,500

The Financial Conduct Authority (FCA) has fined Cenkos Securities plc (Cenkos) £530,500 for failures in its sponsor services business. Cenkos failed to have appropriate systems and controls in place across its sponsor services business, and, on a particular transaction, failed to act in its sponsor role with the level of diligence and professional care that…

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August 09, 2016 BY Valentina Kirilova

ASIC reviews the Australian equity market cleanliness

A review by ASIC has found an overall improvement in the measures of cleanliness in the Australian listed equity market over the past decade. Report 487 Review of Australian equity market cleanliness, looked at possible insider trading and information leakage ahead of material, price-sensitive announcements (material announcements) by analysing price movements or shifts in trading…

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