October 13, 2016 BY Valentina Kirilova

MAMM plugin for MT5 now available for asset management in financial markets for brokers and professional traders

Plugit Apps Business Solution provider has released an asset management automation service integrated with the MetaTrader 5. MetaTrader 5 PLG Multi-Asset Management Module (MAMM) is a special server-side plugin with a web interface designed for brokers and professional asset managers. The application simplifies and optimizes the interaction between a money manager (Master) and an investor…

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October 13, 2016 BY Valentina Kirilova

ASIC cancels the Australian Financial Services licence of Macro All State Investments & Securities Limited

ASIC has cancelled the Australian Financial Services (AFS) licence of Western Australian-based Macro All State Investments & Securities Limited. In general, the Macro AFS licence allowed Macro to: provide general financial product advice; deal in a financial product, issue or vary a financial product; apply for, acquire, dispose of financial products on another's behalf; operate…

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October 12, 2016 BY Valentina Kirilova

ESMA's golden aspirations

To achieve MiFID II’s aim of greater transparency, having a proper golden source of instrument data is key for every market participant. Fortunately, under the new rules, ESMA is required to publish a list of all financial instruments traded on all trading venues and systematic internalisers, enriched with useful, related information such as MiFIR transparency…

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October 12, 2016 BY Valentina Kirilova

Fiserv names Devin B. McGranahan Group President

Fiserv, Inc. (NASDAQ: FISV), the global provider of financial services technology solutions, has announced that Devin McGranahan has been named president of its Billing and Payments Group, effective November 1, 2016. McGranahan succeeds Rahul Gupta, who will leave Fiserv in December 2016 to pursue other interests. McGranahan brings more than 25 years of business and…

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October 12, 2016 BY Valentina Kirilova

NEI Investments launches the new NEI Global Value Fund

NEI Investments has announced the successful launch of the NEI Global Value Fund to be managed by Maj Invest Asset Management Fondsmæglerselskab A/S (Maj Invest). Based in Copenhagen and one of Denmark's asset management companies, Maj Invest adds further depth to NEI's roster of third party sub advisors and even greater expertise and resources within global…

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October 12, 2016 BY Valentina Kirilova

OTC Markets Group welcomes Poydras Gaming Finance Corp. to OTCQX

OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, has announced Poydras Gaming Finance Corp. (TSX-V: PYD; OTCQX: PYDGF), a regional slot route operator in Oklahoma and Texas, has qualified to trade on the OTCQX® Best Market. Poydras upgraded to OTCQX from the Pink® market. Poydras begins trading today…

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October 12, 2016 BY Valentina Kirilova

ESMA publishes updated UCITS Q&A

The European Securities and Markets Authority (ESMA) has published an updated questions and answers (Q&A) document on the application of the Undertakings for the Collective Investment in Transferable Securities Directive (UCITS). The Q&A includes four new questions and answers on: regulated markets in Member States under the UCITS Directive, translation requirements in relation to the…

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