Category: Financial Services

fca warning
October 12, 2018 BY Valentina Kirilova

FCA warns against Gerber and Partners 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 Gerber and Partners. Gerber and Partners is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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TMX Group
October 12, 2018 BY Valentina Kirilova

TMX explores important market linkages with China

TMX Group Limited (TSX:X) senior executives were in China this week to meet with Chinese government officials and business leaders to further relationships in the region and TMX Group's client-focused global growth strategy. During the visit, TMX Group signed a forward-looking Memorandum of Understanding (MoU) with Shanghai Clearing House (SHCH) which builds on almost two…

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set
October 11, 2018 BY Valentina Kirilova

Demand Derivatives and GMEX Group to launch futures exchange

Demand Derivatives Corp., a creator of novel derivative instruments, and GMEX Group (GMEX), a provider of exchange and post-trade business technology solutions, have announced that they will combine forces to launch a U.S.-regulated futures exchange, RealDemand Board of Trade (“RealBOT”), and clearing house, RealDemand Clearing (“RealClear”). To further align interests and share in the success…

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cysec cif license
October 11, 2018 BY Valentina Kirilova

CySEC warns against Primus Trade website

The Cyprus Securities and Exchange Commission (CySEC) has just informed investors that the website primustrades.com (Primus Trade), does not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities, as provided for in Article 5 of Law 87 (I)/2017. The information contained in…

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etf
October 11, 2018 BY Valentina Kirilova

Deutsche Börse welcomes HANetf as new ETF issuer on Xetra

Since Thursday, three ETFs of the new issuer HANetf have been tradable on Xetra and Börse Frankfurt for the first time, Deutsche Börse informed earlier today. HANetf has listed the first ETF in Europe via its white label platform and additionally two own products. HANetf's white label platform provides the infrastructure to launch and manage…

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Regulation
October 11, 2018 BY Valentina Kirilova

ASEAN capital market regulators launch Professional Mobility Framework

The ASEAN Capital Markets Forum (ACMF) met in Singapore and launched two key initiatives to drive a more connected and sustainable ASEAN capital market. These initiatives complement the measures introduced by the ACMF on collective investment schemes, corporate governance, disclosure standards and capacity building. The ACMF launched a framework to facilitate cross-border movement of investment…

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fca warning
October 11, 2018 BY Valentina Kirilova

FCA warns against DTX Markets 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 DTX Markets. DTX Markets 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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October 10, 2018 BY Valentina Kirilova

MOEX signs strategic partnership agreement with Kazakhstan Stock Exchange

Moscow Exchange (MOEX) and Kazakhstan Stock Exchange (KASE) have just announced that they have signed a strategic partnership agreement. The two exchanges have signed a letter of intent (LoI) on strategic cooperation earlier this year. Chairman of National Bank of Kazakhstan Daniyar Akishev, Moscow Exchange CEO Alexander Afanasiev and Kazakhstan Stock Exchange CEO Alina Aldambergen took…

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Britain can become the natural global home for fintech
October 10, 2018 BY Valentina Kirilova

Britain can become the natural global home for fintech

The Chancellor of the Exchequer, Philip Hammond, has revealed that he will position Britain as the “natural global home” of new and innovative financial services after Brexit at the IMF Annual Meeting in Bali (10 – 13 October). With financial technology as the designated theme of the gathering, the Chancellor will herald Britain’s approach to…

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