Broadridge Financial Solutions Inc. (NYSE:BR)
March 01, 2017 BY Valentina Kirilova

Broadridge delivers new tax platform to wealth management firms

Financial technology provider Broadridge Financial Solutions, Inc. (NYSE:BR) announced the Tax Form Plus (TFP) solution is available to all securities brokers and dealers, regardless of their back office operating platform. TFP helps firms more efficiently manage their tax reporting requirements while automating data collection, composition, and delivery of client communications (print and digital formats supported).…

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March 01, 2017 BY Valentina Kirilova

ASIC issues new guidance for registered liquidators

ASIC just announced that has released new Regulatory Guide 258 Registered liquidators: Registration, disciplinary actions and insurance requirements. RG 258 explains: how to apply for registration as a liquidator, including the requirements a person must meet to become a registered liquidator; the renewal of registration process; the disciplinary and other actions that a registered liquidator…

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March 01, 2017 BY Valentina Kirilova

MetaQuotes launches coupons for brokers to support their traders

During the iFX EXPO Asia 2017 in Hong Kong, Forex trading platform developer MetaQuotes officially announced the launch of the Coupons service. This new service allows brokers to support their traders willing to purchase applications and services for the MetaTrader platforms — from virtual hosting to trading signals subscriptions. A coupon is a text code…

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Sucden
March 01, 2017 BY Valentina Kirilova

Sucden Financial hires ABN Amro Exec Noel Singh to head non-bank FX prime brokerage

International derivatives broker Sucden Financial has appointed Noel Singh as Head of eFX Business Development, where he will lead the firm’s development of its non-bank FX prime brokerage business. Singh will specifically target institutional firms, including asset managers, hedge funds and prop trading houses. His appointment comes as part of a significant investment plan to…

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STOXX Low Carbon products licensed to Italian bank IMI
March 01, 2017 BY Valentina Kirilova

STOXX changes composition of benchmark indices

STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, today announced the new composition of STOXX Benchmarks and their sub and sector indices, among them the STOXX Europe 600 Index, STOXX North America 600 Index and STOXX Asia/Pacific 600 Index. Effective as of the…

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TFX volumes
March 01, 2017 BY Valentina Kirilova

TFX Click 365 Japan FX volumes down 24% in February

Continuing the decline we have already seen in February forex volumes from leading institutional eFX venues Hotspot FX, FastMatch and GTX, the Tokyo Financial Exchange (TFX) just announced that the total trading volume of FX Daily Futures contracts (Click 365) in February was 2,402,878 ( - 24.2% MoM / - 46.2% YoY) and its average…

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March 01, 2017 BY Valentina Kirilova

SFC to standardise rules for prescribing professional investors

The Securities and Futures Commission (SFC) today launched a consultation on proposed amendments to the Securities and Futures (Professional Investor) Rules (PI Rules) to allow joint accounts with non-associates and assets held in investment vehicles owned by individuals to be counted in ascertaining whether individuals meet the monetary threshold to qualify as professional investors. In…

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Deutsche Börse
March 01, 2017 BY Valentina Kirilova

Deutsche Börse launches new SME segment “Scale”

Deutsche Börse successfully launched its new segment for small and medium-sized enterprises (SMEs) named Scale. As of the start of trading 46 equities and corporate bonds had listed on Scale and further issuers are expected in the next few days, based on applications already received. To mark the launch of the new segment, Christine Bortenlänger…

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March 01, 2017 BY Valentina Kirilova

FCA warns against Loan2Pocket clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Loan2Pocket. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to scam…

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March 01, 2017 BY Valentina Kirilova

Pacific Star Network writes down intangible assets

ASIC noted the decision by ASX-listed Pacific Star Network Limited (PNW), announced on 28 February, to record an impairment charge of $4.5 million on publishing mastheads and goodwill arising from the acquisition of Morrison Media. ASIC had previously made enquiries of PNW regarding the carrying value of non-current assets in its 30 June 2016 financial…

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