August 09, 2016 BY Valentina Kirilova

Hong Kong SFC adds Wheaton Capital to its alert list

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…

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August 09, 2016 BY Valentina Kirilova

ASIC review of handling of confidential information and conflicts of interest by sell-side research and corporate advisory

An ASIC review of risks related to the handling of confidential information and conflicts of interests, particularly in the provision of sell-side research and corporate advisory services, has found that most firms have policies and procedures in place to deal with these risks. However, there remain instances of poor and inconsistent practice in their application.…

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August 08, 2016 BY Valentina Kirilova

MOEX: NCC Clearing Bank announces risk parameters change

NCC Clearing Bank has announced that it is changing risk parameters in Securities market for the following instruments starting from August 12, 2016: Shares: № Ticker Name Current IM rates New IM rates New concentration limits, sec. S_1_min S_2_min S_3_min S_1_min S_2_min S_3_min 1st level 2nd level 1 MSRS MOESK 100% 100% 100% 70% 85%…

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August 08, 2016 BY Valentina Kirilova

Denmark FSA warns against binary options signal provider Den Danske Metode

The Danish Financial Supervisory Authority has been informed that Den Danske Metode unsolicited has offered to carry out financial services in Denmark. The company's address is unknown, but its homepage is danishmethod.com. Den Danske Metode does not have authorization from the Danish Financial Supervisory Authority in accordance with the Financial Business Act to carry out…

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August 08, 2016 BY Valentina Kirilova

Weekly overview: Asian shares rise to one-year high

Asian stocks climbed to one-year highs on Monday. The Australian dollar also rose as investors' hunt for yield gathered momentum against a backdrop of a recovering U.S. economy and easy global monetary policy conditions. The U.S. Department of Labor said July non-farm payrolls rose by 255,000 and revised the June increase upward to 292,000. The…

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August 08, 2016 BY Valentina Kirilova

HKEX to offer mini H-shares index options

Hong Kong Exchanges and Clearing Limited (HKEX) plans to introduce Mini-Hang Seng China Enterprises Index Options (Mini H-shares Index Options) on Monday, September 5, 2016 to meet demand from retail investors and give market participants more flexibility by providing a contract one-fifth the size of its H-shares Index Options contract. Underlying Index Hang Seng China…

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