December 01, 2016 BY Valentina Kirilova

Bats welcomes PowerShares as a new issuer to the Bats ETF Marketplace

Bats Global Markets, Inc.(Bats: BATS) has just welcomed PowerShares as a new issuer to the Bats ETF Marketplace with the launch of two factor-based funds. The PowerShares S&P International Developed High Dividend Low Volatility Portfolio (Bats: IDHD) seeks investment results that generally correspond to the price and yield of the S&P EPAC Ex-Korea Low Volatility…

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December 01, 2016 BY Valentina Kirilova

Naga Group and Deutsche Börse form the joint venture Switex

Hamburg-based FinTech firm Naga Group AG and Deutsche Börse Group are to launch the first global exchange for virtual gaming products. The two companies have set up the joint venture firm Switex GmbH which will launch the world’s first neutral, secure and reliable platform for the exchange and trade of in-game items. The management team…

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December 01, 2016 BY Valentina Kirilova

Fiserv's ProgramATHON to aid the development of 5,000 small and medium-sized enterprises in Latin America

Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, has announced that a software solution developed during the third annual Fiserv Costa Rica ProgramATHON will aid the development of thousands of small- and medium-sized (SME) businesses in the country and throughout Latin America. More than 200 young software developers have taken part…

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December 01, 2016 BY Valentina Kirilova

FCA warns on Rhodium Forex / WR Trade 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 Rhodium Forex / WR Trade. Rhodium Forex / WR Trade is not authorised by the FCA but has been targeting people in the UK and is…

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December 01, 2016 BY Valentina Kirilova

TMX Insights announces alliance with Velocity Trade for TMX Analytics

TMX Insights (TMX Group: TSE:X) has just announced a strategic alliance with Velocity Trade, a global provider of Equity and Foreign Exchange (FX) trading services. Velocity Trade will provide TMX Insights with FX data, and TMX Insights will deliver TMX Analytics tools that provide in-depth market FX and Equity data analytics to Velocity Trade's international…

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TSE establishes an advisory group to review the TSE cash equity market structure
December 01, 2016 BY Valentina Kirilova

Tokyo Stock Exchange approves GCA FAS as J-Adviser

Tokyo Stock Exchange, Inc. (TSE) announced today that it has approved GCA FAS Co., Ltd. (GCA FAS) as a J-Adviser following the company's application for obtaining the qualification. Established following the 2008 amendments to the Financial Instruments and Exchange Act, TOKYO PRO Market (TPM) is a market accessible to domestic and overseas professional investors that…

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December 01, 2016 BY Valentina Kirilova

Paysafe Group opens new Isle of Man office

Digital payment solutions provider Paysafe Group Plc (LSE:PAYS) has opened a new office on Victoria Street in Douglas. The Isle of Man registered business is extending its presence on the island where it has been based since 2003. Paysafe provides digital payments and transaction-related solutions to businesses and consumers around the world. The company provides…

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December 01, 2016 BY Valentina Kirilova

FCA publishes new data on savings interest rates and announces new rules coming into effect

The Financial Conduct Authority (FCA) has today published the third and final ‘sunlight remedy’ data set, showing the lowest interest rates available from 32 providers of cash savings accounts and easy access cash ISAs. This is part of the FCA’s work to shine a light on firms’ strategies towards their long-standing customers. The sunlight remedy…

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ESMA bond liquidity data
December 01, 2016 BY Valentina Kirilova

ESMA sees continued high levels of market risks

The European Securities and Markets Authority (ESMA) risk assessment has updated its Risk Dashboard for the third quarter of 2016. The overall assessment of risk levels in EU markets under ESMA’s remit, remains unchanged for the time being, characterised by continued very high credit and market risks. The risk outlook is stable across all risk…

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