March 08, 2017 BY Valentina Kirilova

TradeStation introduces simplified commission pricing for equities and options trades

Online broker-dealer and futures commission merchant TradeStation Group, Inc., a fully owned subsidiary of Monex Group, Inc. (TYO:8698), just announced new per-trade pricing for stocks, ETFs and options for all new customers and all existing customers who notify TradeStation they would like to switch to the new pricing. This new, simplified pricing model – with…

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March 07, 2017 BY Valentina Kirilova

OSC announces new Commissioner appointments

Ontario Securities Commission (OSC) Chair and CEO Maureen Jensen announced today the following appointments to the OSC. The Commissioners will each serve a two-year term effective February 2, 2017. Robert P. Hutchison spent more than 40 years with Borden Ladner Gervais LLP, where he practiced business law, focusing on financial services. In addition to advising…

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March 07, 2017 BY Valentina Kirilova

Issuer Direct partners with Wall Street Horizon

Issuer Direct Corporation (NYSE MKT: ISDR), the company behind the premier communications and compliance platform, and Wall Street Horizon, the corporate events surveillance company, just announced that have partnered to bring Wall Street Horizon's corporate events data to Investor Relations and Corporate Communications professionals via Issuer Direct's Platform id. We are increasingly seeing Investor Relations…

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March 07, 2017 BY Valentina Kirilova

TMX Group releases February trading statistics, a new record for Montréal Exchange

TMX Group Limited (TSX:X) today announced February 2017 trading statistics for its marketplaces – Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange (Alpha), Montréal Exchange (MX) and NGX. MX achieved a new open interest record for Options on Three-Month Canadian Bankers' Acceptance Futures (OBX) of 315,410 contracts on February 17, 2017. To see the…

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IOSCO issues statement on liquidity risk management recommendations for investment funds
March 07, 2017 BY Valentina Kirilova

IOSCO finds little evidence of declining secondary corporate bond market liquidity

A report published today by the Board of the International Organization of Securities Commissions (IOSCO) has found no substantial evidence showing that liquidity in the secondary corporate bond markets between 2004 and 2015 has deteriorated markedly from historic norms for non-crisis periods. The report, titled Examination of Liquidity of the Secondary Corporate Bond Markets, presents…

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March 07, 2017 BY Valentina Kirilova

FCA warns against Loan and Go 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 Loan and Go. Loan and Go is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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Bank of China (UK) Limited joins LCH’s SwapClear
March 07, 2017 BY Valentina Kirilova

Neil Walker steps down from LCH SA and Group boards

The clearing house LCH just announced that Neil Walker is standing down as a non-executive director of LCH’s SA and Group boards, effective immediately. Neil Walker will focus on executive commitments elsewhere. He has been a non-executive director for LCH since 2012 and has served as a member of LCH’s risk committees. Lex Hoogduin, Group Chairman,…

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STOXX Low Carbon products licensed to Italian bank IMI
March 07, 2017 BY Valentina Kirilova

STOXX licenses next generation of low carbon indices to Scandinavian asset owner

STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, today introduced the STOXX Climate Impact and STOXX Climate Awareness Indices. This next generation of low carbon indices incorporates the CDP climate change scoring methodology which evaluates companies based on their progress in the transition…

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