The Stock Exchange of Hong Kong Limited (HKEx) has placed China Forestry Holdings Co. Ltd. into the third delisting stage today. If no viable resumption proposal is received by the end of the third delisting stage (i.e. February 2, 2017), the company's listing will be cancelled. By July 8, 2015 HKEx was of the view that…
Read moreMoscow Exchange (MOEX) has announced that new bonds will be accepted to margin trading starting from August 3, 2016. From this date on, the following risk parameters will be applied: The following risk parameters for the security PHOR will also be changed: Interest rate risk decrease rate - SECΔ_1. (Y0/Y1)
Read moreAfter expanding with an office in Australia last month, the industry pioneer in broker-neutral algorithmic trading platforms for equities, foreign exchange and listed derivatives, FlexTrade Systems (@FlexTrade), has announced that it has recently opened an office in Frankfurt am Main, Germany. Frankfurt is the heart of the German financial sector and is right at the centre of…
Read morePayments and processing technologies and solutions provider Fiserv Inc (NASDAQ:FISV) has reported financial results for the second quarter of 2016. GAAP revenue for the company increased 5% in the second quarter to $1.36 billion, with 9% growth in the Payments segment and 1% growth in the Financial segment, compared to the second quarter of 2015.…
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 moreThe Ontario Securities Commission (OSC) has announced that Sydney Klein, of Thornhill, Ontario, was sentenced to two years of probation with conditions at the Ontario Court of Justice in Newmarket, Ontario. Klein’s conditions require him to cease trading in securities, to refrain from acting in, and to resign, from any officer or director positions in…
Read moreBinary platform provider and operator TechFinancials Inc (LON:TECH) has issued a statement indicating that its 2016 first half results should be in line with expectations. In addition to the company's previous formal statement, here are some more highlights: Trading in the first half of 2016 has been strong; Operating performance improved substantially compared with the…
Read moreOnline trading services provider Monex Group, Inc. (TYO:8698) has just published its key operating metrics for July 2016 and its Global daily average revenue trades (DARTs) is down from June levels, which were 293,426 in numbers, and is now only 275,082. This slight drop might be due to the 4th of July holidays which is usually followed by…
Read moreDigital Asset, a developer of distributed ledger technology for the financial services industry, today announced that it has made several key senior hires across its global offices. The company has appointed Carol Mathis as its Chief Financial Officer. Mathis joins from RBS Corporate and Institutional Bank where she was Chief Operating Officer and previously CFO.…
Read moreThe Indonesia Stock Exchange (IDX) and Bursa Malaysia Berhad have announced the signing of the second Memorandum of Understanding (MoU) to undertake a joint study to explore potential areas for collaboration, particularly in the development of the Islamic Capital Market in Malaysia and Indonesia. This follows an MoU which was signed between then Jakarta Stock…
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