September 15, 2016 BY Valentina Kirilova

Thomson Reuters appoints Kristin Peck to the Board of Directors

Thomson Reuters (TSX/NYSE: TRI) has announced the appointment of Kristin Peck to the company’s Board of Directors effective immediately. David Thomson, chairman of Thomson Reuters, commented: Kristin's strategic and innovative business model experience has focused on global markets and deep customer interactions. Her passion for talent and leadership development bodes well for our future. We surely welcome…

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September 15, 2016 BY Valentina Kirilova

BNP Paribas Easy launches 16 new ETFs on Xetra

Sixteen new exchange-listed equity index funds issued by BNP Paribas Easy have been tradable via Xetra and Börse Frankfurt since Wednesday. Five of these new BNP Paribas Easy ETFs enable investors to participate in the performance of listed companies domiciled in Europe or the US which are selected based on one of the following criteria:…

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September 15, 2016 BY Valentina Kirilova

ASIC permanently bans former company director in relation to fraudulent misappropriation

ASIC has permanently banned Mr Steven William Hill from engaging in credit activities and providing financial services. An ASIC investigation found that between January 2006 and February 2007, Mr Hill, through Hill Stephens & Associates Pty Ltd and International Finance Consortium (Aust) Pty Ltd induced various investors to pay approximately $618,000 to acquire interests in…

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September 15, 2016 BY Valentina Kirilova

Thomson Reuters Wealth Management offers investment research solutions through agreement with New Constructs

Thomson Reuters has signed an agreement with independent research firm New Constructs to offer innovative investment research to Thomson ONE North American Wealth Management clients. New Constructs offers forensic-accounting reports to help investors, traders, and advisors make informed decisions. The company leverages proprietary technology to analyze SEC filings, especially footnotes, to create unique investment insights.…

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September 15, 2016 BY Valentina Kirilova

TradeSocio launches an alternative investment platform Alpha

TradeSocio, a Fintech company founded in 2015, has announced the launch of Alpha, an alternative investment platform aimed at Forex Brokers, as well as other Financial Institutions. TradeSocio’s platform Alpha offers the experience of co-existing within a single balanced ecosystem. Up until now, it has proven difficult to house key financial players in a single ecosystem…

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September 14, 2016 BY Valentina Kirilova

Xetra-Gold exceeds 100 ton mark in gold holdings

The gold held in custody by Deutsche Börse Commodities GmbH for the purpose of physically backing the Xetra-Gold bond has risen to a new record high of 100.97 tons, an increase of approximately 70 per cent since the beginning of the year. For each Xetra-Gold bond, exactly one gram of gold is deposited in the…

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September 14, 2016 BY Valentina Kirilova

AMF issues a public warning against the activities of unauthorised websites offering binary options trading

The Autorité des Marchés Financiers (AMF) has published a list of new websites offering binary options trading, for which no authorised investment services provider could be clearly identified. Here is the list of new websites recently identified: www.b4trade.com www.bosscapital.com www.brevan-invest.com www.limited-binary.com www.loyalbinary.com www.sc-options.com www.swiss-capitalinvest.com A list of all unauthorized sites to offer trading of binary options is…

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September 14, 2016 BY Valentina Kirilova

SEC fines Portuguese company for failing to disclose credit risk in investments

The Securities and Exchange Commission (SEC) has announced that a Portuguese-based telecommunications company has agreed to pay a $1.25 million penalty for its failure to properly disclose the nature and extent of credit risk involved in its investments in debt instruments issued by companies of Portuguese conglomerate Grupo Espirito Santo. An SEC investigation found that Portugal Telecom…

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September 14, 2016 BY Valentina Kirilova

SimCorp to provide users with full foreign exchange netting capabilities via FX Connect

SimCorp, a provider of investment management solutions and services for the global financial services industry, has announced that it has enhanced its partnership with FX Connect to provide SimCorp Dimension users with full foreign exchange netting capabilities. SimCorp leverages FX Connect's cross-currency netting capabilities to enable its clients to seamlessly block, net and subsequently compress large,…

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