Former CEO of Sirtex Medical, Gilman Edwin Wong sentenced for insider trading
June 04, 2020 BY Steffy Bogdanova

Former CEO of Sirtex Medical sentenced for insider trading

In October 2016 Wong having inside information on Sirtex’s sales sold 74,968 Sirtex shares and gained more than $2 million. Later in 2016, Sirtex released a Trading Update on the ASX devaluing the growth forecasts for the 2017 financial year. The opening price of Sirtex shares fell to $13.01 after the announcement, a decrease of…

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FTSE4Good TIP Taiwan ESG
June 04, 2020 BY Steffy Bogdanova

TAIFEX to launch the first ESG futures in ASIA

Jessie Pak, Managing Director, Head of Information Services Asia Pacific, London Stock Exchange Group, said: We are delighted that TAIFEX has selected the FTSE4Good TIP Taiwan ESG Index to track for its latest listed futures. FTSE Russell is committed to supporting growing client and investor demand in Taiwan, and across Asia, for sustainable investment 2…

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ASIC suspends AFS license
June 04, 2020 BY Steffy Bogdanova

ASIC suspends the AFS licence of BBY Ltd

BBY can to ensure that the receivers and liquidators have the legal authority to transfer a client’s “holder identification number” to another market participant with instructions from the client or to convert a licensee sponsored holding to an issuer sponsored holding in accordance with the ASX Settlement Operating Rules. The company can compensate retail clients…

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fca warning
June 03, 2020 BY Steffy Bogdanova

Thortons Global, JCAM Investments Limited and others added to FCA warning list

Thortons Global Address: 13 Hanover Square, Westminster, London, United Kingdom, W1S 1JD Telephone: 02036274861; 08000662141 Email: [email protected]; [email protected] Website: www.thortonsglobal.com JCAM Investments Limited (clone of authorised firm) Telephone: 02077887361 Firm Name: JCAM Investment Ltd Firm Reference Number: 586545 Address: 4th Floor East Eagle House, 108-110 Jermyn Street, London, SW1Y 6EE Telephone: 02034684920 Email: [email protected] Horizon…

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moex moscow exchange
June 03, 2020 BY Steffy Bogdanova

Moscow Exchange reports 29% MoM decline in May volumes

Derivatives Market RUB 7.6 trillion (RUB 10.4 trillion for April 2020) are attributed to derivatives and market volumes, registering almost a 27% decline. Contracts were 137.3 million, down almost 40% MoM (RUB 227.9 million contracts for April 2020). Of these futures account for 133.2 million, and options for 4.1 million. ADTV was RUB 400.7 billion,…

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June 03, 2020 BY Steffy Bogdanova

HKEX to launch Silver Futures contracts

The new addition to HKEX’s existing metals products will provide investors and risk managers in the region with a new tool for trading, hedging and asset allocation and further strengthen Hong Kong’s status as an international financial hub. In July 2017, HKEX launched its first deliverable precious metals contracts, the USD and CNH denominated gold…

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