Global exchanges operator Bats Global Markets, Inc. (BATS:BATS), today reported June data and highlights, including record market share for its U.S. Options business. Bats reported 11.7% U.S. Options market share, up from 9.7% a year ago, and was also the market leader in single-leg equity options trades with 19.0% market share, a new record for…
Read moreThe Euronext subsidiary EnterNext, dedicated to promoting and growing the market for small and medium-sized companies (SMEs), today has welcomed GenSight Biologics, a biopharmaceutical specialist in gene therapy, for its first day of trading on compartment C of Euronext’s regulated market in Paris. Founded in 2012, GenSight Biologics is a company dedicated to discovering and…
Read moreThe financial planner TheCityUK has announced the appointment of Miles Celic as its new Chief Executive. Celic will succeed Chris Cummings later this year – a date will be confirmed shortly. Celic will join the organisation at a critical juncture for the UK-based financial and related professional services industry as the UK seeks to retain its…
Read moreThe Listing Committee has censured Rosan Resources Holdings Limited (Stock Code: 578) and a number of its current and former directors for breaching the Exchange Listing Rules and/or the Director’s Undertaking. The Stock Exchange of Hong Kong’s listing committee commented also that the violated rules are 14.34, 14.38A and 14.40 of the Rules Governing the Listing…
Read moreThe International Securities Exchange (ISE), now part of Nasdaq, has reported a combined average daily volume (ADV) of 2.2 million contracts in June 2016 for its three options exchanges: ISE, ISE Gemini, and ISE Mercury. ISE’s options exchanges combined to represent 15.2% of equity options market share, excluding dividend trades, which made up 0.4% of…
Read moreThe Financial Conduct Authority (FCA) has today fined Towergate Underwriting Group Limited (Towergate) £2,632,000 for failings in relation to its protection of client and insurer money. Towergate, an insurance intermediary which holds both client and insurer money, accumulated a shortfall of £12.6 million in its client and insurer money bank accounts which, due to systems…
Read moreThe European Securities and Markets Authority (ESMA) has made some changes to its risk assessment as a result of the outcome of the UK referendum on EU membership. The overall assessment of risk levels in EU markets under ESMA’s remit, as indicated in the Risk Dashboard No.2, 2016 remain unchanged for the time being, characterised…
Read moreThomson Reuters and CME Group Inc (NASDAQ:CME) have announced they have reached an agreement to implement connectivity between their instant messaging networks, Thomson Reuters Eikon Messenger and CME Pivot Instant Messaging, to support open and compliant cross-industry communication for financial and commodities markets. This combined service will be available late Q3 2016. The agreement between…
Read moreAt the end of the settlement date of June 30, 2016, short interest in 2,316 Nasdaq Global MarketSM securities totaled 7,887,260,999 shares compared with 7,830,349,659 shares in 2,313 Global Market issues reported for the prior settlement date of June 15, 2016. The end-of-May short interest represents 4.76 days average daily Nasdaq Global Market share volume…
Read moreThe ALTX East Africa Ltd team led by CEO, Joseph Kitamirike has built the exchange since 2013, and spent most of the last eight months optimising their systems. The platform obtained regulatory approval in 2014 and depository approval was secured in 2015. Today, it goes live. The ALTX East Africa exchange platform will have the…
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