Category: Financial Services

FMA warning
June 05, 2020 BY Steffy Bogdanova

New Zealand FMA adds Crowd1 and Impact Crowd Technology S.L. and others to its warning list

The New Zealand watchdog found that Crowd1 and Impact Crowd Technology S.L. re not registered companies or financial service providers in New Zealand. Other overseas regulators such as SEC Philippines and FSC – Mauritius have cautioned against Crowd1. FMA also cautions that Mana Atua Mana Maori, www.atua-gov.org and Sovereign Global Bank of Aotearoa may be…

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AMF alerts list
June 05, 2020 BY Steffy Bogdanova

AMF issues warning on websites fortiscapitalmanagers.com, wavetomarkets.com and others

AMF added the following websites to its blacklist: www.fortiscapitalmanagers.com www.wavetomarkets.com www.investisafe.com www.brightfinance.co fc-managementgroup.com www.klimek-consulting.com bitcoin-storm.com/fr cryptolegacypro.com/fr ovale-scpi.com cemg-groupe.com creo-conseil.com www.globalmtcorp.com www.act-financial-solutions.com www.groupe-bkint.com www.i-financial-advisor.com https://www.uniontradecenter.com www.mf-capital.fr www.tiic-conseil.com https://fr.uptos.com www.daxbase.com/fr www.bitworldfx.com www.daxioma.com/fr Read More: French AMF warns against several companies French AMF warns against the entity and the website Magaffairs

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Whistleblower
June 05, 2020 BY Steffy Bogdanova

Whistleblower receives nearly $50 million award from SEC

So far, the agency has awarded over $500 million to 83 individuals for their help since the first award was issued in 2012. Payment of the awards is taken out of an investor protection fund set up by Congress. It is financed through monetary sanctions of security law violations paid to SEC. To be eligible…

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Former CEO of Sirtex Medical, Gilman Edwin Wong sentenced for insider trading
June 04, 2020 BY Steffy Bogdanova

Former CEO of Sirtex Medical sentenced for insider trading

In October 2016 Wong having inside information on Sirtex’s sales sold 74,968 Sirtex shares and gained more than $2 million. Later in 2016, Sirtex released a Trading Update on the ASX devaluing the growth forecasts for the 2017 financial year. The opening price of Sirtex shares fell to $13.01 after the announcement, a decrease of…

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FTSE4Good TIP Taiwan ESG
June 04, 2020 BY Steffy Bogdanova

TAIFEX to launch the first ESG futures in ASIA

Jessie Pak, Managing Director, Head of Information Services Asia Pacific, London Stock Exchange Group, said: We are delighted that TAIFEX has selected the FTSE4Good TIP Taiwan ESG Index to track for its latest listed futures. FTSE Russell is committed to supporting growing client and investor demand in Taiwan, and across Asia, for sustainable investment 2…

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ASIC suspends AFS license
June 04, 2020 BY Steffy Bogdanova

ASIC suspends the AFS licence of BBY Ltd

BBY can to ensure that the receivers and liquidators have the legal authority to transfer a client’s “holder identification number” to another market participant with instructions from the client or to convert a licensee sponsored holding to an issuer sponsored holding in accordance with the ASX Settlement Operating Rules. The company can compensate retail clients…

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fca warning
June 03, 2020 BY Steffy Bogdanova

Thortons Global, JCAM Investments Limited and others added to FCA warning list

Thortons Global Address: 13 Hanover Square, Westminster, London, United Kingdom, W1S 1JD Telephone: 02036274861; 08000662141 Email: [email protected]; [email protected] Website: www.thortonsglobal.com JCAM Investments Limited (clone of authorised firm) Telephone: 02077887361 Firm Name: JCAM Investment Ltd Firm Reference Number: 586545 Address: 4th Floor East Eagle House, 108-110 Jermyn Street, London, SW1Y 6EE Telephone: 02034684920 Email: [email protected] Horizon…

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moex moscow exchange
June 03, 2020 BY Steffy Bogdanova

Moscow Exchange reports 29% MoM decline in May volumes

Derivatives Market RUB 7.6 trillion (RUB 10.4 trillion for April 2020) are attributed to derivatives and market volumes, registering almost a 27% decline. Contracts were 137.3 million, down almost 40% MoM (RUB 227.9 million contracts for April 2020). Of these futures account for 133.2 million, and options for 4.1 million. ADTV was RUB 400.7 billion,…

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June 03, 2020 BY Steffy Bogdanova

HKEX to launch Silver Futures contracts

The new addition to HKEX’s existing metals products will provide investors and risk managers in the region with a new tool for trading, hedging and asset allocation and further strengthen Hong Kong’s status as an international financial hub. In July 2017, HKEX launched its first deliverable precious metals contracts, the USD and CNH denominated gold…

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CME Group
June 03, 2020 BY Steffy Bogdanova

CME Group reports 17.9 million contracts for May

The company’s monthly metrics highlights from May include Interest Rate ADV of 8.2 million contracts. Equity Index ADV registered 5.2 million contracts, up by 23% YoY. Micro E-mini Equity futures traded 252 million contracts, across all four indices, since their May 2019 launch and E-mini Russell 2000 futures ADV grew 39%. Options ADV were 2.5…

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