Singapore Exchange (SGX) has listed the world’s first green corporate Masala bond from NTPC Limited (NTPC), India’s largest energy conglomerate. NTPC raised Rs. 20 billion (USD 300 million) from issuance of this five-year green bond with a coupon rate of 7.375% per annum. Established in 1975, NTPC is India’s largest power utility with an installed capacity…
Read moreHong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…
Read moreASIC has disqualified Mr Christopher Moylan, of New Lambton, New South Wales, from managing corporations for four years. The disqualification follows ASIC's investigation into Mr Moylan's roles in Moylan Business Solutions Pty Ltd (MBS), MCD Holdings Pty Ltd (MCD), Moylan Investment Group Pty Ltd (MIG), Wallalong Investments Pty Ltd, Decrawood Pty Ltd and Moylan Business…
Read moreFinancial exchanges operator Bats Global Markets Inc (BATS:BATS) has reported July data and highlights, including strong market share across all of its markets for the month. Highlights for July include: Remaining the #1 U.S. market operator for ETF trading, executing 23.8% of all volume during the month, and winning 28% of all U.S. ETF listings so…
Read moreDeutsche Börse AG has announced that more than 75% of Deutsche Börse shares have been tendered under the exchange offer of HLDCO123 PLC (HoldCo) as at 16:00 hrs (CEST) and thus prior to the expiration of the additional acceptance period on August 12, 2016. On June 1, 2016, HoldCo published its voluntary public takeover offer…
Read moreThe Administrative Appeals Tribunal (AAT) has upheld ASIC's decision to permanently ban former credit representative, Shiv Sahay from providing financial services and engaging in credit activity. On October 22, 2015, Mr Sahay applied to the AAT for a review of ASIC’s decision. On August 9, 2016, the AAT decided the permanent bans imposed by ASIC…
Read moreThe U.S. Securities and Exchange Commission today announced that an Atlanta-based building products distributor is settling charges that it violated securities laws by using severance agreements that required outgoing employees to waive their rights to monetary recovery should they file a charge or complaint with the SEC or other federal agencies. BlueLinx Holdings Inc. has…
Read moreCFTC data from US retail forex brokers is out for June, showing a drop across-the-board besides a slight tick up from TD Ameritrade. Moreover, this report completes the removal of Phillips Capital from the USA FCM list, as their NFA/CFTC Retail FX license became null after a ruling stating companies holding dual licenses as Broker-dealers and FCMs cannot…
Read moreRobertson and his business partner Sherman C. Vaughn Jr. diverted nearly $6 million from investors to pay for personal expenses.
Read moreLondon Stock Exchange Group (LSEG) has announced that ELITE Connect, its online connection platform for a wide range of market participants including public companies, investor relations professionals, institutional investors and brokers, is partnering with OpenExchange, the US based secure video service for corporate executives, investor relations officers, analysts and portfolio managers. The agreement will allow ELITE…
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