Bats Global Markets, Inc. (Bats: BATS) has welcomed TrimTabs as a new issuer to the Bats ETF Marketplace with the launch of a new fund. The issue is the TrimTabs Float Shrink ETF (Bats: TTAC), which seeks to generate long-term returns in excess of the total return of the Russell 3000 Index with a focus on free cash…
Read moreASIC has permanently banned former Deutsche Bank FX options and futures trader, Andrew Donaldson, of Sydney, from providing financial services. The banning follows an ASIC investigation into Mr Donaldson's conduct in 2013 and 2014 in entering a significant number of false entries into Deutsche Bank's records. By making these false entries, Mr Donaldson temporarily offset…
Read moreAnother piece of news from GAIN Capital Holdings Inc. (NYSE: GCAP) we learned that GTX, the institutional foreign exchange trading arm of GAIN and Nightberg, an independent macro strategy firm founded by former hedge fund strategists, are partnering to distribute Nightberg’s full suite of investment research to institutional FX traders. The product will be provided on…
Read moreThe digital currency Dash has announced the direct cooperation with a blockchain compliance platform provider Coinfirm. The partnership creates an interwoven solution for AML/KYC compliance in cryptocurrency, the fastest-growing sector in finance. London-based Coinfirm will provide Dash with the capacity for safe adoption by commercial or financial institutions that require full-fledged compliance without affecting Dash’s optional…
Read moreAs part of the market communication plan for Shenzhen-Hong Kong Stock Connect, the Stock Exchange of Hong Kong Limited (SEHK) and Hong Kong Securities Clearing Company Limited (HKSCC), wholly-owned subsidiaries of Hong Kong Exchanges and Clearing Limited (HKEX), has published the revised Information Book, Frequently Asked Questions and the proposed amendments to the Rules of the…
Read moreASIC has issued a revised policy and regulatory framework for charities that raise investment funds. The framework removes regulatory barriers to the issue of financial products while strengthening protection for public investors. The changes follow an ASIC review of the operation of exemptions available to charities from certain managed investment, debenture, fundraising and licensing provisions…
Read moreMoscow Exchange has announced its trading schedule for public holidays in January and February 2017. It goes as follows: On 3-6 January and 24 February 2017: The Equity & Bond and Derivatives Markets will operate as usual; All instruments will trade on the FX and Precious Metals Markets, except trades with "today" settlement and swap transactions with…
Read moreGTX, the institutional foreign exchange trading arm of GAIN Capital Holdings Inc. (NYSE: GCAP), will launch a new matching engine for its flagship ECN in London October 15, 2016. A Tokyo-based matching engine is planned to come online within 90 days. At launch, liquidity on the LD4 matching engine will supplied by more than 10…
Read moreThe Autorité des Marchés Financiers (AMF) is pursuing its commitment to making the Paris financial market more appealing by launching AGILITY, a program devoted to guiding financial firms through the French authorisation process. It will provide a range of services, notably helping financial firms authorised in the UK set up in France. With 2WeekTicket pre-authorisation,…
Read moreThe online lender IOU Financial (TSX-V: IOU) has entered into a partnership with the global payments provider Paysafe (PAYS: L) to fuel the growth of small businesses in North America. The partnership, which covers the U.S. and Canada, will combine both companies’ market expertise and services to provide small businesses with capital management solutions through…
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