Energy stocks fall 8.6% in a week While the S&P 500 and Dow Jones Industrial Average both fell last week, the tech heavy Nasdaq Composite managed to eke out a 1.1% gain. Tech giants Amazon, Apple and Microsoft all posted positive weeks, but remain down between 9% and 10% apiece over the past month. In…
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LSEG also announced that Gavin Sullivan, group communication director and a member of the LSEG executive committee, has decided to leave the company at the end of the year following a transition period. Schwimmer said: On behalf of the Executive Committee, I want to express my deep appreciation to Gavin, who has made a significant…
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Open interest in MSCI contracts registered significant growth in September during the during the quarterly and monthly roll periods for futures contracts, showing increased demand for the MSCI derivatives products on HKEX. The MSCI Taiwan Net Total Return (NTR) futures contract, in particular, had open interest of $465 million as of 25 September, reporting a…
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Acquisition Direct Facilitators Associated individuals: Dr Serge Pacome, Dodi Burgi Website: https://aquisitiondirect.com/ Address: Emaar Business Square Tower 2, Downtown Dubai Phone: +971503074243 and 09 379 6779 Email: [email protected], [email protected], [email protected] Acquisition Direct Facilitators (ADF) representatives purport to be a Fund Manager in New Zealand when this is not the case. ADF is not registered on the Financial Service Providers…
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Coghlan, continued: The desire for ETFs is growing year on year and that trend is showing no signs of slowing down. This is a very understandable trend for the retail trader. This is because ETFs allow for simple, low-cost access across multiple markets. They can be sector-based like health care- or tech-related. They can be…
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Westpac Banking Corporation announced reaching an agreement with the Australian Transaction Reports and Analysis Centre (AUSTRAC for 23 million alleged breaches of anti-money laundering laws. The bank agreed to pay $1.3 billion to settle the charges in the biggest penalty in Australian corporate history. Digital asset trading platform Bitfinex launched real-time market data feed to…
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The CFTC requires Marex and Marex Spectron to pay a fine in the amounts of $250,000 and $120,000, respectively. Both entities would also cease and desists form any further violations of the regulations. Division of Enforcement Director James McDonald commented: The Division of Enforcement will remain vigilant in enforcing minimum capital requirements for registered entities…
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Besst Point Capital House manages $ 250 million in funds, collectively, for institutions, financial advisers and private investors. Broker team members with over 14 years of investments experience, manage $65.8 million in client portfolio. Santoshkumar Gaikwad, Chairman of Besst Point Capital House commented: With MetaTrader 5 now as Hedge Fund Software, we are reaching our…
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Hugh Whelan, Head of EBSI commented: Client demand continues to grow for advanced functionality and consistent workflow management solutions. This link will improve our clients' experience, especially as IHS Markit's thinkFolio is often their system provider of choice. Connectivity between EBS Institutional and thinkFolio is a key milestone in our strategy to expand the suite…
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Rose continued: Westpac’s failure to implement effective transaction monitoring programs, and its failure to submit IFTI reports to AUSTRAC and apply enhanced customer due diligence in relation to suspicious transactions, meant AUSTRAC and law enforcement were missing critical intelligence to support police investigations. In the original statements against Westpac, the Australian watchdog AUSTRAC identified a…
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