The Taiwan Futures Exchange (TAIFEX) has today launched three new derivative contracts – a Taiwan Dollar (TWD)-denominated Nifty 50 Futures contract, and two FX futures contracts: EUR/USD FX Futures and USD/JPY FX Futures. Dr. Len-Yu Liu, Chairman of the TAIFEX said: We are extremely pleased to be launching these new futures contracts today. The Nifty…
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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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ASIC has permanently banned Mr George Karakatsanis, of Yeronga, Queensland from providing any financial services. ASIC found that he engaged in conduct that was misleading and deceptive whilst recommending clients invest in unsecured fixed interest notes in Protect Ensure. ASIC also found he failed to comply with financial services laws. Mr Karakatsanis has been an…
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Sterling traded close to a four-week high on Friday and was heading for its best week since March. The pound jumped right after England's High Court put a spanner in the government's plans to forge ahead with Britain's exit from the European Union. The battered pound returned to its 2.5% against the dollar this week…
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Broadridge Financial Solutions, Inc. (NYSE:BR) has expanded its wealth management and U.S. Department of Labor (DOL) Fiduciary Rule compliance capabilities with the acquisition of M&O Systems, Inc., a provider of advisor compensation management solutions that help broker-dealers and wealth management firms support advisors and grow their businesses. Terms of the deal have not been disclosed.…
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Shortly after the World Federation of Exchanges (WFE) has appointed three new officers of the Board, the Stock Exchange of Thailand (SET) President Kesara Manchusree has also been elected as a member of its Board of Directors to serve a three-year directorship. Elected as a new board member during the 2016 WFE General Assembly and Annual…
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Euronext, the pan-European exchange in the Eurozone, has announced its trading volumes for October 2016. Here are some of the highlights: The average daily transaction value on the Euronext cash order book for October 2016 stood at €6,328 million, down -18.2% compared to October 2015 but up 9.5% compared to Q3 average daily volume. Activity…
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The Autorité des marchés financiers (AMF) has warned French investors against marketing material issued by BLUE STONE LTD via several web sites proposing offers to invest in diamonds. BLUE STONE LTD, whose head office is located at 3rd Floor, 120 Baker Street, London, England, W1U 6TU, proposes offers to investors residing in France to invest in…
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Oil prices were set for sixth straight day of declines this Friday, dragged lower by a surge in U.S. crude inventories, timid demand and doubts over the ability of producers to coordinate output cuts. Brent crude futures were at $46.21 per barrel at 0740 GMT, meaning they were down with 14 cents from their last close.…
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GMO Click Holdings Inc (TYO:7177) has released its monthly preliminary report of its subsidiaries for October 2016. October's total ADV was ¥73,586 million - quite a drop from September's ¥83,077 million. This is a 11.4% dive. OTC FX Trading Value has also made an extreme plunge with a 46.8% MoM. To see the complete report,…
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