August 18, 2016 BY Valentina Kirilova

ASX announces full 2016 results, revenue up $45.6 million

Australia Securities Exchange (ASX) has just announced its full-year results. Some of the highlights include: Revenue up $45.6 million Growth in all business lines underpinned by higher trading activity and robust capital raisings Expenses up $10.5 million EBITDA up $35.1 million, increase of 6.5%, NPAT and DPS up 5.7% Continued strategic technology investment • Futures…

Read more
August 18, 2016 BY Valentina Kirilova

Thomson Reuters sees successful upswing in Eikon Messenger clients in South Korea

Thomson Reuters has seen a surge in financial services clients joining Thomson Reuters signature messaging platform, Eikon Messenger, in South Korea. Following the announcement that Yahoo will begin shutting down its legacy messaging client and API service between August 5, 2016 and Aug 31, 2016, financial services firms in South Korea are choosing Eikon Messenger as…

Read more
August 18, 2016 BY Valentina Kirilova

TradeStation to be first retail online broker member of new IEX stock exchange

TradeStation, a Monex Group, Inc. (TYO:8698) company, has announced that it has been approved as the first retail online brokerage member firm of the Investors Exchange (IEX), which was recently approved to become the nation’s thirteenth registered national securities exchange. The SEC approved IEX’s application to become a registered national securities exchange on June 17,…

Read more
August 18, 2016 BY Valentina Kirilova

ASIC accepts voluntary undertaking from Victorian liquidator

ASIC has accepted a voluntary undertaking (VU) from Victoria-based registered liquidator, Gregory Stuart Andrews, of the insolvency firm GS Andrews & Associates. An ASIC investigation found Mr Andrews had not complied with his statutory lodgement and publication obligations. In response, Mr Andrews acknowledged his non-compliance and took the necessary steps to rectify the breach. The…

Read more
August 17, 2016 BY Mike Fox

CFTC charges Las Vegas-based TradeMasters USA, LLC for fraudulently soliciting $155K

The U.S. Commodity Futures Trading Commission (CFTC) today announced that it filed a civil enforcement action in the U.S. District Court for the District of Nevada charging Mirko “Mick” Schacke of Antioch, California, and his company, TradeMasters USA, LLC (https://www.trademastersusa.com), of Las Vegas, Nevada (the Defendants) with fraud and failing to register with the CFTC, as…

Read more
August 17, 2016 BY Mike Fox

CBOE Futures Exchange officially approved in Singapore

CBOE Holdings, Inc (NASDAQ: CBOE) today announced CBOE Futures Exchange received approval from the Monetary Authority of Singapore (MAS) to be a Registered Market Operator (RMO) in Singapore. With this designation, CFE may now allow professional investors, accredited investors and expert investors, as defined under Singaporean law, to become CFE Trading Privilege Holders (TPHs) and…

Read more
August 17, 2016 BY Mike Fox

New Forex blockchain-based trade platform to launch in 2017?

Financial technology firm Cobalt DL has commenced beta testing with a number of leading FX participants on its private peer-to-peer network that uses distributed ledger technology to significantly cut post-trade cost and risk. After a year of design and testing and following a successful completion of a proof-of-concept with one of the largest FX market…

Read more
August 17, 2016 BY Valentina Kirilova

CESC announces upcoming change to universe of securities for CES 300

Responding to the forthcoming launch of Shenzhen-Hong Kong Stock Connect, China Exchanges Services Company Limited (CESC) has announced there will be a change to the universe of securities for its CES Stock Connect 300 Index (CES 300) upon the start of Shenzhen-Hong Kong Stock Connect. On the launch date, the universe of securities for the “Shenzhen…

Read more
August 17, 2016 BY Valentina Kirilova

Singapore retail securities brokers and CDP to promote electronic statements to all retail investors

Singapore Exchange (SGX) has announced that all the nine retail securities brokers in Singapore and The Central Depository (CDP) will provide electronic statements to customers, starting from the fourth quarter of 2016. These nine retail securities brokers in Singapore are all members of the Securities Association of Singapore (SAS) and SGX-Securities Trading (SGX-ST). Retail investors…

Read more