Category: Financial Services

Frankfurt Stock Exchange
October 31, 2018 BY Valentina Kirilova

Share subscription for IPO of Deutsche Familienversicherung launched on the Frankfurt Stock Exchange

First trading day scheduled for 14 November / Deutsche Börse’s DirectPlace function supports subscription process The share subscription for the IPO of DFV Deutsche Familienversicherung AG (ISIN: DE000A2NBVD5) on the Frankfurt Stock Exchange started today and is expected to last until November 9. The company's first trading day in the Prime Standard is scheduled for…

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fca warning
October 31, 2018 BY Valentina Kirilova

FCA warns against FX Merchants firm

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company FX Merchants. FX Merchants is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…

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First Republic Bank joins S&P 500 index, replaces Scana Corporation
October 31, 2018 BY Valentina Kirilova

MSCI launches a new index series

MSCI Inc. (NYSE: MSCI), a provider of research-based indexes and analytics, has announced today that the MSCI Global Investable Market Indexes will continue to reflect the complete investable equity universe for international institutional investors. Hence, equity securities with unequal voting structures will continue to be eligible for inclusion in the MSCI Global Investable Market Indexes…

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SGX announces trading volumes
October 31, 2018 BY Valentina Kirilova

SGX welcomes MeGroup Ltd. to Catalist

Singapore Exchange (SGX) has just welcomed MeGroup Ltd. to its Catalist under the stock code “SJY”. MeGroup Ltd. manufactures noise, vibration and harshness (“NVH”) components and other non-NVH components primarily for the automotive industry in Malaysia. It is an approved supplier of Malaysian manufacturers of the Honda, Perodua, Mazda and Proton brands of automobiles. It…

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LeapRate interview: Defense against toxic flow, Jeff Wilkins speaks
October 31, 2018 BY Valentina Kirilova

Ontario Securities Commission offers new resource for respondents

The Ontario Securities Commission (OSC) has published “Frequently Asked Questions About Proceedings” on its website. This information is intended to assist respondents, including self-represented parties as well as others involved in proceedings before the Ontario Securities Commission tribunal by answering frequently asked questions and providing a general overview of procedures that can be expected in…

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asic charges
October 31, 2018 BY Valentina Kirilova

Former Gold Coast financial advisor jailed

Former financial adviser and accountant, Satvir Singh Birk, of Reedy Creek, was today sentenced in the Southport District Court to two and a half years imprisonment, following an ASIC investigation. On 25 May 2018, Mr Birk, aged 42, pleaded guilty to five counts of dishonestly using his position as director of The Carter Group with…

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Deutsche Börse
October 30, 2018 BY Valentina Kirilova

Deutsche Börse AG announces significant growth in Q3/2018

Deutsche Börse AG has published its results for the third quarter of 2018 on Monday. The company generated adjusted net revenue of €651.4 million, an increase of 13 per cent compared to the previous year (Q3/2017: €576.3 million). At €260.1 million (Q3/2017: €247.4 million), adjusted operating costs were up 5 per cent year-on-year. Adjusted earnings…

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clone firm FCA warning
October 30, 2018 BY Valentina Kirilova

FCA warns against Arvato Financial Solutions clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Arvato Financial Solutions. 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 tactics…

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