The Board of Directors of TMX Group Limited (TSX:X) declared a dividend of $0.62 on each common share outstanding, an increase of $0.04 or 7%, from the previous $0.58 per common share. This dividend is payable on March 15, 2019 to shareholders of record at the close of business on March 1, 2019. We are…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm IMC Financial Services Ltd. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their…
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Moscow Exchange (MOEX) has completed the development phase of its electronic platform for remote opening of deposit accounts as part of the Bank of Russia’s Marketplace project. The online Marketplace project was initiated by the Bank of Russia in Q1 2018. The platform is not yet available to clients though, waiting for its necessary legislative…
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The Cyprus regulator (CySEC) announced that it has decided to withdraw the Cyprus Investment Firm (CIF) authorisation of the company Centaur Financial Services Ltd. The action follows up Centaur Financial Services Ltd’s decision to expressly renounce it. The official announcement can be seen here. Earlier this week, CySEC warned against several unregulated websites: lite-options.com www.jetfore.com…
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Global financial technology and social trading group ayondo Ltd just announced its plans for a possible sale of their UK subsidiary, ayondo markets Ltd to BUX Holding B.V. BUX Financial Services B.V. The Amsterdam-based FinTech company is a subsidiary of BUX Holding B.V, which already is a tied agent of ayondo markets Limited and its largest…
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According to Deutsche Börse AG’s preliminary report, Q4 2018 revenues grew by 16% to reach €740 million, while net profits rose by 19% YoY during the same quarter. Net revenues for the full year expanded by 13% to come in at €2.8 billion, while adjusted full year 2018 profits were up 17% to hit €1.0…
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The US Securities and Exchange Commission (SEC) yesterday opened insider trading charges against a former senior Apple Inc.(NASDAQ:AAPL) attorney named Gene Daniel Levoff. According to SEC charges, Levoff was responsible for implementing Apple’s insider trading compliance measures when he used his position to buy Apple shares before quarterly earnings releases. Levoff served as Apple’s company…
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Vienna Stock Exchange AG (Wiener Börse AG) has been officially designated as a registered benchmark administrator becoming the first European Stock Exchange to achieve this coveted status. A benchmark administrator is a term that refers to a natural person or legal entity that has been granted control over an index. Such an entity can make…
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A new report titled Early Lessons on Regulatory Innovations to Enable Inclusive Fintech indicates that regulatory sandboxes are not the sole vehicle that can be used by regulatory authorities to encourage financial inclusion, and that there are other tools such as innovation offices that could achieve the same results/goal. The report was commissioned by the United Nations Secretary…
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Oslo Børs VPS Holding ASA today released its Q4 2018 financial results indicating profit of NOK 77 million for the period, but said that it would not pay another dividend for the 2018 fiscal year. The company earned revenues of NOK 268 million during the quarter, which was higher than the Q4 2017 profits by…
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