Australian regulator ASIC has just announced that it has cancelled the Australian financial services (AFS) license of WA-based Red Summit Trading Partners Pty Ltd (Red Summit). On 7 March 2018, ASIC suspended the AFS license of Red Summit until 7 September 2018 after it was found that the licensee was not carrying on its financial…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Unicominsurance.net. 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 to scam…
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Moscow Exchange Group (MOEX) has today announced that it has achieved the ISO 27001:2013 – Information Security Management Systems and ISO 22301:2012 - Business Continuity Management Systems certification covering the organization of on-exchange trading, clearing services and services on the securities, derivatives, FX and precious metals markets. This voluntary certification followed the completion of an…
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The Depository Trust & Clearing Corporation (DTCC), which provides post-trade market infrastructure for the global financial services industry, has announced it will launch a new, on demand, real time, centralized communications service for the mutual fund industry by the end of 2018, the first service of its kind from DTCC’s Wealth Management Services (WMS) division…
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CQG, a global provider of high-performance trading, market data, and technical analysis tools, has just announced a new partnership with Nasdaq Fixed Income (NFI). Under the agreement, NFI will provide the web-based CQG Desktop platform to NFI customers as the official front-end for trading NFI's U.S. Treasury Benchmark products. CQG announced earlier this year a…
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The European Securities and Markets Authority (ESMA), in its annual report on prospectus activity, has just informed the public that it has found that in 2017 the number of prospectus approvals across the European Economic Area (EEA) increased by around 1.9% compared to 2016 (from 3499 to 3567). The growth in prospectus approvals puts an…
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Nasdaq (Nasdaq: NDAQ) has announced the launch of futures based on the recently launched OMXS30 ESG Responsible index (OMXS30ESG). The product is the first exchange listed and ESG compliant index future in the world. In recent years we have seen institutions increase efforts to integrate sustainability into their investment strategies, with the Nordic region being…
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Derivatives marketplace CME Group (NASDAQ:CME) has announced E-mini Nasdaq-100 futures reached an all-time daily volume record of 1,150,475 contracts traded on Thursday, Oct. 11, 2018. This surpasses the previous single-day volume record of 1,149,387 contracts reached on Sept. 18, 2008. This milestone demonstrates how global investors are increasingly turning to CME Group's products to manage…
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Abu Dhabi Securities Exchange (ADX), the region's leading financial market, has just announced that it has launched its new integrated digital platform, ‘Sahmi’ which provides digital services for individual investors. The Platform was launched during the GITEX Technology Week 2018, which ADX is partaking in at the Abu Dhabi government pavilion. Sahmi aims to manage…
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SIX – which owns and manages the Swiss stock exchange – has taken a minority stake in pre-ICO start-up PassOn AG as part of its strategy to build a digital asset custody ecosystem. Following its announcement in July launching SIX Digital Exchange (SDX) to address the opportunities in the digital asset space, SIX today announced…
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