The FMA has acknowledged the announcement by Commerce and Consumer Affairs Minister Paul Goldsmith of government approval to increase FMA funding. The Government has approved an increase in funding of $9.8 million. While the Crown and levy payers will continue to share the costs of funding the FMA, this increase has been made possible by…
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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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The European Securities and Markets Authority (ESMA) has published an updated questions and answers (Q&A) document on the application of MiFID II/ MiFIR which clarifies when ESMA will publish the first set of data needed to implement the Systematic Internaliser (SI) regime and the date by when firms must comply with the SI regime for…
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Shortly after marking the first trading day for four letter stock symbols on Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV), the Board of Directors of TMX Group Limited (TSX: X) has declared a dividend of $0.45 on each common share outstanding, a 12.5% increase from the previous $0.40 per common share. This dividend…
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Japanese forex broker Monex Group, Inc. (TYO:8698) has just published its monthly business metrics of its subsidiaries in October 2016. The number of Global Daily Average Revenue Trades has dropped last month with 5.7% from 251,188 to 236,895 MoM. The number of total accounts has remained almost the same MoM, with a slightly inappreciable rise…
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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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The World Federation of Exchanges (WFE), which represents more than 200 market infrastructure providers including exchanges and CCPs, has appointed three new officers of the Board, in line with the organisation’s customary geographical rotation of officers every two years. The new officers of the Board are: Ms Chitra Ramkrishna, Managing Director & CEO, National Stock…
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Financial technology provider Broadridge Financial Solutions, Inc. (NYSE:BR) has announced a new suite of technology driven solutions to help the investment community solve several of the most pressing challenges associated with the upcoming U.S. Department of Labor (DOL) Conflict of Interest Rule. The new offerings - DOL Fiduciary Solutions, DOL Customer Communications, and DOL Compliance…
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Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, and next-generation endpoint protection company CrowdStrike have announced an agreement to add CrowdStrike’s SaaS-based endpoint protection technology to the multi-layered SentrySM Cyber Security offerings from Fiserv. With CrowdStrike Falcon, Fiserv clients can prevent, detect, and respond to malicious cyber threats in real-time, helping customers…
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Hazelcast, the global open source in-memory data grid (IMDG), and Striim, provider of end-to-end, real-time data integration and streaming analytics platform, have announced the launch of Hazelcast Striim Hot Cache. This integration enables real-time, push-based propagation of changes from the database to the cache. For organizations that manage high volumes of data, Hazelcast Striim Hot…
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