The Moscow Exchange (MOEX) just announced that has added the Brent Oil Futures contract (BR-1.18) expired on 1 January 2018 to the trading system. The contract corresponds with the ICE Brent Crude Futures contract expired on 19 December 2017. In this regard, the ICE Brent Index price published on the ICE's website on 29 December…
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On 28 December 2016, the NSD Repository announced that has received the license for repository operations issued by the Bank of Russia. It became the first entity in Russia to receive this type of license. In compliance with the Russian law on the securities market, all repositories which register OTC transactions (of the types established…
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On 8 December 2016, Norinvest Holding Ltd applied for the delisting of all of its listed registered shares (Swiss Security Number 1’359’224 / ISIN CH0013592248) with a par value of CHF 1 each. SIX Exchange Regulation granted this application on 27 December 2016. The delisting takes place on 28 April 2017, the last trading day…
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The Securities and Futures Commission (SFC) has banned Mr Lam Yuk Wai, a former staff of HSBC Broking Securities (Asia) Limited, HSBC Broking Futures (Asia) Limited, HSBC Broking Futures (Hong Kong) Limited and HSBC Broking Forex (Asia) Limited (collectively, HSBC Broking), from re-entering the industry for life. The disciplinary action follows an SFC investigation which…
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Jae A. Evans, Chief Executive Officer of Isabella Bank Corporation (OTCQX:ISBA), just announced that the Board of Directors at its December 21, 2016 Board meeting approved a resolution to increase its share repurchase program by an additional 200,000 shares, raising the aggregate authorization under the program to 209,557 shares. The Corporation has repurchased to date…
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Financial Services Superintendent Maria T. Vullo announced that the New York State Department of Financial Services (DFS) has updated its proposed first-in-the-nation cybersecurity regulation to protect New York State from the ever-growing threat of cyber-attacks. The proposed regulation, which will be effective March 1, 2017, will require banks, insurance companies, and other financial services institutions…
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The Securities and Exchange Commission (SEC) announced that a Florida-based businessman has agreed to settle charges that he misused investor funds intended to create U.S. jobs through the EB-5 Immigrant Investor Program. The SEC alleges that Jason Adam Ogden, the CEO of a pair of smoothie and frozen yogurt franchises called Juiceblendz and Yoblendz, formed…
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The Saudi stock Exchange Tadawul announced plans to launch Nomu - Parallel Market on February 26, 2017, following the Capital Market Authority’s (CMA) announcement of issuing the Parallel Market Listing Rules published last Thursday. Launching Nomu - Parallel Market is a step towards fulfilling Tadawul’s plans to further develop the capital market. It is also…
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Europe based brokerage Admiral Markets just announced that are introducing their new Order execution quality page which will help traders find key information about the benefits of Admiral Markets in terms of execution quality, supported by the statistics on all executed market orders for the previous calendar year. This is the first time Admiral Markets…
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International forex and CFDs brokerage Blackwell Global announced today the acquisition of 2 new licences issued by the Security and Futures Commission (SFC; Securities Licence No. BGX296 and Futures Licence No. BGX460.) in Hong Kong, permitting the brokerage to offer securities and futures contracts to both Hong Kong and international investors. Following the licence approvals,…
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