October 18, 2016 BY Valentina Kirilova

HKEX Listing Committee censures former executive director of China Nonferrous Metals Company Ltd.

The Listing Committee of the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited (GEM Listing Committee) has censured Mr Mei Ping, former executive director, chairman of the Board and compliance officer of China Nonferrous Metals Company Limited (Stock Code: 8306) at the material time for his breaches of: director's duties under Rules…

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October 18, 2016 BY Valentina Kirilova

ASIC remakes ‘sunsetting’ class order on rights issue notifications and repeals ‘sunsetting’ class order on money market deposits

ASIC has made a new legislative instrument to replace Class Order [CO 02/225] Rights issue notifications, which was due to expire (‘sunset’) on 1 April 2017. The new legislative instrument is ASIC Corporations (Renounceable Rights Issue Notifications) Instrument 2016/993. The instrument has substantially the same effect as [CO 02/225]. It provides relief from certain sections…

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October 18, 2016 BY Valentina Kirilova

Shenzhen Securities Information Co. Ltd. signed a cooperation agreement with Euronext Hong Kong

Shenzhen Securities Information Co., Ltd. has signed a cooperation agreement with Euronext Hong Kong Limited, both parties aim to carry out innovative cooperation in small and medium-sized technology enterprise investment and financing services and information service platform construction based on their own market and information business advantages. The signing ceremony was held in Shenzhen Stock…

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October 18, 2016 BY Valentina Kirilova

Thomson Reuters launches FX Central Limit Order Book for greater freedom of Nigerian Financial Markets

Business information giant Thomson Reuters Corp (NYSE:TRI) has launched an FX Central Limit Order Book (CLOB) for the Nigerian market, a move that will enhance liquidity in the FX market and give the Central Bank of Nigeria (CBN) the tools to foster greater freedom in its financial markets. In launching the CLOB, Thomson Reuters worked closely…

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October 18, 2016 BY Valentina Kirilova

Deutsche Börse announces unscheduled adjustment in TecDAX

Deutsche Börse has announced an unscheduled change to TecDAX. As a result of the expected acquisition of AIXTRON SE by Grand Chip Investment GmbH, the AIXTRON SE current share class (ISIN DE000A0WMPJ6) in the index will be replaced with the tendered share class of AIXTRON SE (ISIN DE000A2BPYT0). These changes will become effective on 20…

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October 17, 2016 BY Valentina Kirilova

INTL FCStone announces the launch of its online physical gold trading platform

INTL FCStone (NASDAQ: INTL)'s precious metals division has announced that it is launching PMXecute+, an online trading platform connecting consumers and suppliers of physical gold globally. The platform provides seamless real-time access to the global bullion market routing customized bids and offers to the most relevant platform participants, based on inventory availability and preferences, and couples…

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October 17, 2016 BY Valentina Kirilova

SIX Swiss Exchange welcomes DRW Investments Ltd as a new trading participant

The SIX Swiss Exchange has added DRW Investments (UK) Limited as its third new participant in 2016. Gregor Braun, Head Member Acquisition & Product Sales, commented: SIX Swiss Exchange offers excellent trading conditions as well as premium products and services. We are happy that DRW Investments (UK) Limited has joined our exchange and wish them successful trading." With…

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October 17, 2016 BY Valentina Kirilova

FCA warns on clone firm of Knight Capital Markets

The UK Financial Conduct Authority has put out details of the cloned firm Knight Capital Markets. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to…

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October 17, 2016 BY Valentina Kirilova

CySEC fines the Bank of Cyprus Public Company Ltd and its Director

The Board of the Cyprus Securities and Exchange Commission (CySEC) has informed that it has investigated the compliance of Bank of Cyprus Public Company Ltd, its Board of Director Members’ and its General Manager with the Transparency Requirements and has identified the existence of violations and imposed administrative fines. Bank of Cyprus Public Company Ltd has been charged with…

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October 17, 2016 BY Valentina Kirilova

Thai bourse appoints new executive in charge of corporate strategy

The Stock Exchange of Thailand (SET) has appointed Chirathep Senivongs as Executive Vice President (EVP), Corporate Strategy Division, to oversee international relations, effective from November 1, 2016. SET President Kesara Manchusree said: Chirathep is equipped with strong expertise in expanding business both domestically and overseas, As such, this key mechanism will further enhance cooperation and…

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