June 08, 2017 BY Valentina Kirilova

ESMA appoints new Chair to Investment Management Standing Committee

The Board of Supervisors of the European Securities and Markets Authority (ESMA) has appointed Martin Moloney, Head of Markets Policy Division of the Central Bank of Ireland to serve as the chair of the Investment Management Standing Committee. The standing committees are expert groups drawn from ESMA staff and the national competent authorities for securities…

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June 08, 2017 BY Valentina Kirilova

Bats welcomes NuShares funds to the Bats ETF Marketplace

Bats, a CBOE Holdings, Inc. (NASDAQ: CBOE) company welcomed two Nuveen-sponsored ETFs to the Bats ETF Marketplace. The NuShares ESG International Developed Markets Equity ETF (Bats: NUDM) seeks to track the investment results of the TIAA ESG International Developed Markets Equity Index, which is comprised solely of listed equity securities issued by companies (and depositary…

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June 08, 2017 BY Valentina Kirilova

ASIC continues the Allianz Metro investigation

ASIC has issued an application for contempt charges arising out of proceedings commenced against Allianz Metro Pty Ltd and other entities concerning the operation of binary trading websites. On 1 May 2016, ASIC commenced Federal Court proceedings against various entities including Eustace Senese; his son, Cameron Senese; and associated companies Allianz Metro Pty Ltd, Transcomm…

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June 07, 2017 BY Valentina Kirilova

CBOE Holdings announces next stages of technology integration plan

CBOE Holdings, Inc. (NASDAQ: CBOE) today announced that C2 Options Exchange, one of the firm's derivatives markets, is planned to migrate to Bats technology on May 14, 2018. Beginning in November, C2 trading permit holders may begin basic connectivity testing, and in December, begin certification. Throughout the first quarter of 2018 and into the second…

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fca warning
June 07, 2017 BY Valentina Kirilova

FCA warns against Hamilton-Scott Holdings Limited firm

UK 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 the firm Hamilton-Scott Holdings Limited. Hamilton-Scott Holdings Limited is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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FXCM Group
June 07, 2017 BY Valentina Kirilova

FXCM Group enhances free trading support portal FXCM Plus

Retail forex broker FXCM Inc announced that has enhanced FXCM Plus, a client-only portal with free FXCM proprietary trading data and support tools. FXCM Plus now offers Trading Analytics 4. New features include: Tool Tips (Account Statistics) Daily Returns (Percentage Returns) Updated Analysis Text With FXCM Plus, clients can utilize free trading signals, technical analyzers,…

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June 07, 2017 BY Valentina Kirilova

AFEX appoints Wayne Mitchell as General Manager for EMEA

AFEX, a non-bank providers of global payment and risk management solutions, has appointed Wayne Mitchell as General Manager EMEA. Mitchell’s appointment comes as AFEX extends its product set and local presence across Europe to support its growing client base of businesses and individuals. At the end of 2015, AFEX launched AFEX Offshore, its service for…

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fintech
June 07, 2017 BY Valentina Kirilova

ESMA responds to Commission consultation on Fintech

The European Securities and Markets Authority (ESMA) has sent today its response to the European Commission consultation paper on “Fintech: a more competitive and innovative financial sector”, welcoming the initiative to take a stock-take of the EU’s Fintech industry. ESMA sees Fintech as a positive evolution overall as long as business models aim at improving…

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asic license cancelled
June 07, 2017 BY Valentina Kirilova

ASIC cancels AFS licence of Investment Advisers Alliance Pty Limited

ASIC announced that has cancelled the Australian financial services (AFS) licence of Sydney based company Investment Advisers Alliance Pty Limited (AFS 237902) for failing to lodge its financial statements and auditor's reports for four consecutive years. ASIC Deputy Chairman Peter Kell said: The annual lodgement of financial statements and auditor's reports is an important part…

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