Category: Financial Services

DFSA
January 07, 2020 BY Valentina Kirilova

Bursa Malaysia fines Sunzen Biotech Berhad and Executive Directors

Bursa Malaysia Securities Berhad (Bursa Malaysia Securities) has announced yesterday that it has publicly reprimanded Sunzen Biotech Berhad (SUNZEN) and 2 of its executive directors, for breaches of the Bursa Malaysia Securities ACE Market Listing Requirements (ACE LR). The company's 2 executive directors Datuk Hong Choon Hau and Lim Eng Chai were also fined RM50,000…

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volumes
January 06, 2020 BY Valentina Kirilova

Integral's ADV up 7% MoM in December

Fintech company Integral has released today its December volumes. The company has reported average daily volumes (ADV) of $36.3 billion in the last month of 2019. This represents an increase of 6.8% compared to November 2019. Banks, brokers, and asset managers now share direct access to OCX and successfully use the company's Integral OCXTM platform…

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gold
January 03, 2020 BY Valentina Kirilova

Xetra-Gold holdings increase with 21.7 tonnes YoY in 2019

Deutsche Börse Commodities GmbH has announced that the gold holdings of the exchange-traded bearer bond Xetra-Gold (ISIN: DE000A0S9GB0) increased to 203.2 tonnes at the end of the year 2019. This is an increase of 21.7 tonnes over the course of the year. At the beginning of 2019, 181.5 tonnes of gold were stored in the…

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fca warning
January 03, 2020 BY Valentina Kirilova

UK FCA warns against several unauthorised companies and clone firms

The UK Financial Conduct Authority (FCA) has put out details of several unregulated firms. The names of the latest additions to the regulator’s warning list are Time4Actions, Pro Capital Markets, Investment Bridge, CF Sum, as well as clones of Novum Bank and Heartland Investment Management Limited. According to the regulator, the fraudsters are using or…

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sec charges
January 03, 2020 BY Valentina Kirilova

Six companies charged with international microcap fraud schemes

The Securities and Exchange Commission (SEC) has announced yesterday that it has charged six individuals and their companies with participating in international microcap fraud schemes. The above-mentioned schemes generated more than $35 million of illegal sales of stock in at least 45 microcap companies. According to the regulator, Steve M. Bajic and Rajesh Taneja helped shareholders…

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Deutsche Börse volumes
January 02, 2020 BY Valentina Kirilova

Deutsche Börse's cash market turnover down 13% YoY in 2019

Deutsche Börse has today published its cash market trading statistics for 2019. In total, an order book turnover of €1.50 trillion was achieved last year on the three trading venues Xetra, Börse Frankfurt and Tradegate Exchange, a 12.7% YoY drop (2018: €1.72 billion). The stocks of SAP, Commerzbank, Aixtron and Flatex were the most traded…

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Boerse Stuttgart
January 02, 2020 BY Valentina Kirilova

Boerse Stuttgart's 2019 turnover down 4% YoY

Boerse Stuttgart has released its volumes report for the whole year 2019. Based on the order book statistics, turnover from all trading activities amounted to around EUR 68.5 billion last year – 3,7% less than in 2018. Trading in equities generated turnover of around EUR 14.7 billion. German equities contributed around EUR 10.3 billion to…

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SGX announces trading volumes
January 02, 2020 BY Valentina Kirilova

SGX adds Orient Futures International to its derivatives market

More news from Singapore today, as Singapore Exchange (SGX) has just announced that it has added Orient Futures International (Singapore) Pte. Ltd. as a Trading and Clearing Member to its derivatives market. SGX’s derivatives market now has 65 Trading Members and 26 Clearing Members. Orient Futures International is a wholly owned subsidiary of Orient Futures Co.,…

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SGX
January 02, 2020 BY Valentina Kirilova

SGX RegCo to review retail bonds regulatory framework

Singapore Exchange Regulation (SGX RegCo) has announced today that it has set up a working group of industry professionals and investors to review the retail bonds regulatory framework. The group will discuss matters such as the admission criteria for retail bond listings, the continuing obligations of issuers of such bonds, and ways to protect bondholder…

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