LeapRate reported few days ago that the Board of Directors of Oslo Børs VPS Holding ASA have decided not to recommend Euronext’s acquisition offer, despite the fact that it is supported by the majority of Oslo Børs VPS shareholders. Euronext, however, showed its determination to acquire Oslo Børs VPS. Euronext's first all-cash tender offer for…
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Euronext, the pan-European exchange in the Eurozone, has announced trading volumes for January 2019. Apart from FastMatch ADV monthly rise, a drop in the total volumes can be seen in the first month of the year. Just a few days ago, after revealing its determination to acquire Oslo Børs VPS, the exchange announced the successful migration of the…
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Paris in the middle of winter can be brutal, but one year ago, attendees at the Paris Fintech Forum were hot with crypto fever. When one of Europe’s biggest annual gatherings of its kind convened this year in the City of Light, over 3,000 entrepreneurs, investors, bankers, and regulators braved the cold once again, but…
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UK financial regulator Financial Conduct Authority (FCA) has announced that it has fined Paul Stephany, a former fund manager at Newton Investment Management Limited, £32,200 for his conduct in relation to an Initial Public Offering (IPO) and a placing. Stephany risked undermining the integrity of the market and the book build by trying to use their collective…
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Euronext, the pan-European exchange in the Eurozone, has been busy these days. After revealing its determination to acquire Oslo Børs VPS, the exchange announced the successful migration of the 53 companies currently listed on Euronext Dublin to Euronext's proprietary trading platform, Optiq. The transition completes the equity migration from the Irish Stock Exchange plc to Euronext Dublin.…
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Moscow Exchange (MOEX) has just announced its financial results for the month of January 2019. Total trading volume across Moscow Exchange’s markets was up 1.5% to RUB 58.9 trln in January 2019 (almost equal to January 2018's RUB 58.0 trln). The Exchange has been quite busy lately, expanding analytics offering for algorithmic and HFT firms. MOEX…
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The European Energy Exchange (EEX) has just released its January 2019 volumes report. EEX' volumes on its power derivatives markets were up 34% to 323.0 TWh (January 2018: 240.9TWh). A significant growth was seen in power futures: Germany (224.2 TWh, + 92%), Austria (1.3 TWh, + 5,240%) Spain (14.4 TWh, + 170%) Central and South-Eastern…
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Australian regulator ASIC has announced that the former Adelaide financial adviser, James Gibbs, has pleaded guilty to theft of $4.88 million. He committed these offences while working as a financial planner and director of James Gibbs Investments Pty Ltd (JGI). James Gibbs stole approximately $4.88 million of funds that he was managing for his clients.…
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Moscow Exchange (MOEX) has announced that it will launch an updated version of the FAST protocol and a new FAST Full_orders_log Online service to enhance market data delivery from its Derivatives Market. The updated version will allow trading members to cease using other market data sources. Traders will now be able to reduce their infrastructure…
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The Hong Kong Securities and Futures Commission (SFC) has just announced that it has revoked the license of W. Falcon Asset Management (Asia) Limited (Falcon) for several different types of failures. The regulator has already issued a Restriction Notice on Falcon to safeguard the assets of the firm and its clients, and to protect the…
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