Hong 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 moreHong Kong Securities Clearing Company Limited (HKSCC), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), has announced the appointment of Industrial and Commercial Bank of China (Asia) Limited (ICBC (Asia)) as a Settlement Bank. The appointment will take effect on Monday, 3 October 2016. Settlement Banks of HKSCC support money settlement in…
Read moreBusy week for Bats Global Markets, Inc. (Bats: BATS) as it also has welcomed its 13th ProShares product to the Bats ETF Marketplace. The new issue is the ProShares K-1 Free Crude Oil Strategy ETF (Bats: OILK), which seeks to provide total return by providing exposure to the West Texas Intermediate crude oil futures market…
Read moreForex trading platform developer MetaQuotes has announced that it has improved its MetaTrader 5 multi-asset web platform and has expanded its features. The latest update and innovations include: the ability to re-size the web application blocks, including Market Watch and price chart windows. the ability to sort by columns in Trade and History tabs of Toolbox window.…
Read moreA new iShares equity index ETF from BlackRock's product offering has been tradable on Xetra and Börse Frankfurt since Thursday. Name: iShares Core FTSE 100 UCITS ETF (Dist) Asset class: equity index ETF ISIN: IE0005042456 Total expense ratio: 0.07% Distribution policy: distributing Benchmark: FTSE 100 Index The iShares Core FTSE 100 UCITS ETF (Dist) gives…
Read moreFollowing previous announcement dated 9 August 2016, the Cyprus Securities and Exchange Commission, following a decision at the meeting dated 5 September 2016, announces that the authorisation of the Cyprus Investment Firm Best Choice FBC Ltd, with number 234/14, will continue to be suspended. LeapRate reminds that Best Choice FBC Ltd acquired FinFX’s retail clients last…
Read moreTwo days ago the UK Financial Conduct Authority (FCA) stated that consumers should be wary of dealing with the software and technology company OneCoin. OneCoin commented earlier today that is disappointed that the FCA has issued a statement without having first contacted the company. OneCoin claims that it has not been contacted by the City of…
Read moreLCH Group Limited has noted the European Commission’s announcement confirming the commencement of Phase II proceedings in connection with its review of the recommended merger of London Stock Exchange Group Plc (LON:LSE) and Deutsche Börse AG which was announced on 16 March 2016, and the subsequent announcement by LSEG regarding the potential sale of LCH…
Read moreThe Securities and Exchange Commission (SEC) has announced that Jane Norberg has been promoted to chief of the SEC’s Office of the Whistleblower. Ms. Norberg joined the SEC in 2012 as the first deputy chief of the Office of the Whistleblower and helped establish the office, which intakes and reviews whistleblower tips received by the agency,…
Read moreAs all players in the Paris financial market are gearing up for the challenges posed by Brexit, the Autorité de contrôle prudentiel et de résolution (ACPR) and the Autorité des marchés financiers (AMF) are getting ready to welcome British-based institutions that wish to locate their business in France. The United Kingdom’s decision to leave the…
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