Mr David John Leigh, 56, of Sherwood, Queensland, has been committed by the Brisbane Magistrates’ Court on fraud charges and will be sentenced by the Brisbane District Court following an investigation by ASIC. ASIC alleges that between 25 July 2017 and 9 November 2017, Mr Leigh, as the co-liquidator of Neolido Holdings Pty Ltd (Neolido),…
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TMX Group Limited has announced October 2018 trading statistics for its marketplaces – Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange (Alpha) and Montréal Exchange (MX). In October 2018, MX set a new overall monthly volume record with 10,933,209 contracts. A new Equity Options monthly volume record was also achieved with 3,077,922 contracts. Options…
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Powernext has introduced new PEG Spot contracts on its trading platform PEGAS last week, to accompany the merger of the PEG Nord and TRS hubs, completed on 1st November 2018. PEG Futures products were already available since 28 September 2018 and successfully traded during the month of October. First PEG Spot instruments became tradable on…
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STOXX Ltd., the operator of Deutsche Börse Group’s index business and a global provider of innovative and tradable index concepts, has just announced that it has licensed the iSTOXX® MUTB Global ex-Australia Quality Leaders 150 Index to leading Australian ETF company, Betashares as an underlying for an ETF. The index selects quality companies from the…
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The Securities and Exchange Commission (SEC) has just announced that Citibank N.A. has agreed to pay $38.7 million to settle charges of improper handling of “pre-released” American Depositary Receipts (ADRs). ADRs – U.S. securities that represent foreign shares of a foreign company – require a corresponding number of foreign shares to be held in custody…
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The Financial Markets Authority (FMA) has just issued a warning against a scam company called 365 Markets. 365 Markets Associated entities/individuals: Trustnet Limited (Company) 2018 Trading name: 365Markets Website: www.365markets.com, www.premium.365markets.com Reason for warning: The regulator recommends exercising caution before dealing with 365 Markets. 365 Markets is not registered as a financial service provider in…
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The Securities and Exchange Commission (SEC) has announced that ITG Inc. and its affiliate AlterNet Securities Inc. have agreed to pay $12 million to settle charges arising from ITG’s misstatements and omissions about the operation of the firm’s dark pool, POSIT, and ITG’s failure to establish adequate safeguards and procedures to protect POSIT subscribers’ confidential…
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New Zealand’s exchange (NZX) has just welcomed the inaugural Carbon Fund (CO2) to be listed on the Main Board today by Salt Funds Management. The Carbon Fund is designed to trade in New Zealand and international carbon credits and will provide investors with an opportunity to invest in our country’s low carbon future. Today’s listing…
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The Financial Conduct Authority (FCA) has today issued final guidance that clarifies its expectations about the handling of certain regular premium payment protection insurance (PPI) complaints. The FCA is also proposing new rules requiring firms to write to around 150,000 consumers who had previously complained unsuccessfully to tell them they can make a new complaint and remind them…
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Moscow Exchange (MOEX) has announced its financial results in accordance with International Financial Reporting Standards (IFRS) for Q3 2018. Record high fee and commission income (F&C) from the Money Market and Depositary and Settlement Services were key highlights in the quarter, while all markets delivered positive YoY F&C growth. Unless stated otherwise, all figures below…
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