Australia financial regulator ASIC has banned Mr Ronald Malcom Cross, of Figtree, New South Wales, from providing financial services for a period of 4 years. Mr Cross is the CEO and a director of Park Trent Properties Group Pty Ltd (Park Trent). On November 27, 2015, further to proceedings issued by ASIC, the Supreme Court of…
Read moreThe European Markets and Securities Authority has published today an update of its Questions & Answers (Q&A) document regarding the implementation of the European Markets Infrastructure Regulation (EMIR). The updated Q&A includes a new answer in relation to reporting of trades cleared by a clearing house which is not a CCP under the EMIR definition.…
Read moreUK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against Unemployed Loans firm, operating from website www.unemployedloans.co.uk. The firm has been providing financial services or products in the UK without FCA’s authorisation. FCA has warned that Unemployed Loans…
Read moreThe New York Stock Exchange (NYSE) has reported short interest as of the close of business on the settlement date of July 15, 2016. SETTLEMENT DATE EXCHANGE TOTAL CURRENT SHORT INTEREST TOTAL PREVIOUS SHORT INTEREST (Revised) NUMBER of SECURITIES with a SHORT POSITION NUMBER of SECURITIES with a POSITION >= 5,000 SHARES 07/15/2016 NYSE 14,165,557,545 14,363,259,123…
Read moreDeutsche Bank had begun settlement talks with the US Department of Justice over its probe into the German bank’s origination and securitisation of mortgage-backed securities, as it posted a slump in second-quarter profits. John Cryan, chief executive, has made clear that he wants to resolve Deutsche Bank’s big outstanding legal cases quick. Deutsche Bank had…
Read moreMoscow Exchange has informed derivatives FAST market data feeds users that FAST gate version 1.2.3 is scheduled to roll on production for August 15, 2016. What's new in version 1.2.3: • New order log feed is added. • Encoding format for SecurityID field for new order log feed is changed. Pay attention that encoding format for…
Read moreAs provided in HKEX’s Articles of Association, any dividend unclaimed after a period of six years from the date for payment of such dividend shall be forfeited and shall revert to HKEX. Accordingly, HKEX’s interim dividend for 2010 of HK$1.89 per share, payable on September 8, 2010 and remaining unclaimed on September 8, 2016, will…
Read moreHong 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 moreFiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, has announced that Dakota Plains Credit Union, based in Edgeley, North Dakota, has selected an integrated technology suite from Fiserv. The suite includes XP2® for core account processing as well as solutions for online and mobile banking, electronic payments, statements, and card processing.…
Read moreThe Board of Directors of the National Association of forex dealers (NAFD, with former name - CRFIN) has decided to accept XTrade LLC, operating under the brand XTrade, in the NAFD, category A. XTrade Group operates in many countries. The company’s future plans include the expansion of their work in Russia and receiving forex dealer…
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