December 13, 2016 BY Valentina Kirilova

Broadridge expands presence in Asia with new Singapore office and senior appointment

Broadridge Financial Solutions, Inc. (NYSE: BR), a provider of technology and operations, communications and data and analytics solutions for financial services firms, has expanded its on-the-ground presence in the region, affirming its commitment to the Asian market. Last month, Broadridge moved to its new Asia Pacific headquarters located in Singapore’s Central Business District offices and…

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December 12, 2016 BY Valentina Kirilova

Bloomberg Tradebook enhances cross-asset trading platform to enable relative trading

Bloomberg Tradebook, Bloomberg's global agency brokerage business, has just announced the release of its Relative Benchmark Trading algorithm for its cross-asset trading platform, PAIR {PAIR}. This enhancement gives Bloomberg Tradebook clients the ability to dynamically trade one security relative to a set benchmark, helping traders generate alpha, reduce the costs of trading and better manage…

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December 12, 2016 BY Valentina Kirilova

Nasdaq Nordic launches auction on demand

Nasdaq (Nasdaq: NDAQ) just announced that it will launch an innovative new market feature, Auction on Demand, on June 7, 2017. This service is designed to fulfill MIFID II transparency requirements for the periodic auction trading model, while offering Nasdaq’s trading clients a regulated and highly advanced alternative to Over the Counter and darkpool trading.…

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fma warns against unregulated company
December 12, 2016 BY Valentina Kirilova

Italy regulator CONSOB warns on three new brokers

Italy’s financial markets regulator National Commission for Companies and the Stock Exchange (CONSOB) has issued a public warning against three new forex brokers. The names can be seen below: Recyclix Sp. Z.o.o. Pel Ltd e Kakao Ltd Lm Swiss Group Ltd The Italian regulator noted that has adopted a measure prohibiting the offering to the…

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sfc warning
December 12, 2016 BY Valentina Kirilova

Hong Kong SFC adds AWDH Trading Limited to its alert list

Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…

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December 12, 2016 BY Valentina Kirilova

FCA launches market study on competition in the mortgage sector

The Financial Conduct Authority (FCA) has today launched a market study to consider whether competition in the mortgage sector can be improved to benefit consumers. The FCA wants to understand whether consumers are empowered to choose on an informed basis between products and services and are in a position to understand whether these represent good…

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December 12, 2016 BY Valentina Kirilova

SGX welcomes Golden Energy and Resources to Mainboard

Singapore Exchange (SGX) today welcomed Golden Energy and Resources Limited (GEAR) to Mainboard under the stock code AUE. Backed by the Sinar Mas Group, one of Indonesia’s largest conglomerates, GEAR collectively owns the rights to mine more than 2 billion tonnes of thermal coal resources, with coal reserves of more than 750 million tonnes, as…

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