Deutsche Börse AG published its preliminary results for the fourth quarter and the full year 2019 on Monday. The company reported the following results for the full year 2019: Net revenue reached €2,936.0 million, marking a 6% increase since last year. Of those, 5% were attributed to secular factors and 1% to consolidation. Operating costs…
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JPMorgan Chase & Co warned financial technology companies that they will be denied access to customer information if they do not sign new data access agreement by 30 July. JPMorgan plans to stop using customer passwords to gather the data. The U.S. bank sent a letter in late January to fintechs and aggregators with the…
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Channel New Asia reported yesterday that Pareto SG Pte Ltd, Pareto International Holdings Limited and Veritas Global Exchange are under investigation by the Commercial Affairs Department of the Singapore Police for involvement in an investment scheme. The companies are investigated for possible breaches and offences under the Penal Code and the Securities and Futures Act,…
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New issuer of exchange traded funds, Rize ETF, has made its debut in Europe. The company specialises in theme-based products and for the initial listing of ETFs on the megatrends cannabis and cybersecurity, Rize chose Deutsche Börse’s trading venues - Xetra and Börse Frankfurt. With the new Rize Medical Cannabis and Life Sciences UCITS ETF…
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IOS Investments Limited appeared yesterday on the New Zealand Financial Markets Authority (FMA) list of alerts and warnings. Complaints have been filed against the company from individual who have invested in IOS after seeing interviews with high profile New Zealand citizens stating that they invested in bitcoin with the same company. One of those high…
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UK watchdog FCA has put out the details of several unregulated companies, as well as few clone firms this week. The names of the latest additions to the regulator’s warning list are the companies UK Claims Department, Data Financial Services Group, Country Loans, Funds-Recovery.co.uk / Fund Recovery, Cryptomarket, Info Bond Finder / Bond Finder and…
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The German fintech firm, NAGA, announced today the improvement of the trading experience for its clients by integrating the MetaTrader 5 platform. Moreover, the company has broadened its multi-asset offering to provide its growing network of clients with access to stocks listed on 9 global exchanges, including NASDAQ, NYSE, London Stock Exchange, HKE, Börse Frankfurt…
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Global exchanges operator and clearing houses, Intercontinental Exchange, Inc. (NYSE:ICE) announced yesterday the completion of ICE Bonds integration with the investment operating system BlackRock’s Aladdin. ICE now offers its customers access to ICE Bonds’ Portfolio Auction functionality, an automated execution protocol for portfolio trading. The new functionality allows investment managers to auction a portfolio of…
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Earlier today the Singapore Exchange (SGX) added the Russian agri and dairy firm Don Agro International Limited to its Catalist under the stock code “GRQ”. The company appears for the first time on the Singaore stock exchange at S$0.25, 13.6% higher than its initial offering price (IPO). Don Agro operates agricultural products in the Rostov…
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Singapore Exchange Regulation (SGX RegCo) is making its monitoring and regulating system more effective with the use of artificial intelligence (AI) improvements. Introducing AI in regulation can help single out unusual trading activities through analysis of historical data and avoiding noise from developments between the financial markets. Thus, the regulatory agency can focus on smaller…
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