A new equity index fund from the ETF offering issued by Source has been tradable in the XTF segment on Xetra and Börse Frankfurt since Monday. Name: Source GPR Real Estate Europe UCITS ETF Asset class: equity index ETF ISIN: DE000A2AFS54 Total expense ratio: 0.4% Distribution policy: accumulating Benchmark: GPR 75 Liquid Developed Europe Real…
Read moreFindex Group Limited and Financial Index Australia Pty Ltd (FIA) have each paid a $10,800 penalty following the issuing by ASIC of infringement notices for potentially misleading claims. The Findex group of companies (which include Findex Group Limited and FIA) promotes itself as one of Australia’s largest financial advisory businesses. The Findex website indicates the…
Read moreThe Channel Islands Securities Exchange (CISE) has revised its membership rules so that firms from a wider range of jurisdictions can act as sponsors to listings on the Exchange. The membership rules previously restricted sponsors to being entities established in the Channel Islands. Now they have been updated to allow sponsors to be based in…
Read moreDeutsche Bank (DBKGn.DE) shares fell more than 3% early Monday after Chief Executive John Cryan failed to secure a speedy deal with the U.S. Department of Justice (DoJ) at the weekend over the misselling of mortgage-backed securities. Cryan was attending the International Monetary Fund and World Bank's autumn meetings in Washington, hoping that he might personally negotiate down…
Read moreExegy Inc., a St. Louis based provider of high-performance market data normalization and distribution solutions, has announced the addition of Scott Wilson to its team of senior account managers. Wilson has global responsibilities for sales of Exegy products and services for electronic currency markets, reporting directly to chief operating officer Rod Arbaugh, who commented on…
Read moreFXecosystem, a provider of institutional and retail FX outsourced connectivity services, has announced expansion into Asia, with the opening of its regional headquarters in Singapore and a point of presence (POP) in the prestigious Equinix (Nasdaq: EQIX) SG1 Singapore data centre. The expansion accommodates current retail and institutional client requirements and underpins FXecosystem’s strategy for growth…
Read morePayments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has announced the appointment of Robert Caplehorn and Jeremy Nicholds as non-executive directors of the Company and the concurrent retirement of Ed Warner from the Board. Mr Caplehorn, who has been previously Vice-President of Legal Global Operations for Paypal Holdings Inc (NASDAQ:PYPL), is a dual qualified lawyer…
Read moreASIC has permanently banned former Hobart financial adviser Troy Andrew Rodney Williams from providing financial services. Mr Williams, of Sandy Bay, is a director and former financial adviser at Hobart financial planning business, Directions Wealth Management. Mr Williams was authorised to provide financial advice as a representative of Financial Services Partners Pty Ltd (FSP), a…
Read moreTMX Group (TSX:X) has announced its financing activity on Toronto Stock Exchange and TSX Venture Exchange for September 2016. Toronto Stock Exchange welcomed 17 new issuers in September 2016, compared with one in the previous month and 13 in September 2015. The new listings included 14 exchange traded funds, one financial services company, one mining…
Read moreDeutsche Börse has announced that innogy SE (ISIN: DE000A2AADD2) was listed in the Prime Standard of the Frankfurt Stock Exchange today. The listing involved admission to trading of around 555.6 million shares in total. The total issue volume was approximately €5.0 billion, making it the largest IPO this year. Carsten Kengeter, CEO of Deutsche Börse, commented:…
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