Category: Financial Services

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…

Read more
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…

Read more
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…

Read more
October 10, 2018 BY Valentina Kirilova

London Stock Exchange Group appoints General Manager for Romania

London Stock Exchange Group (LSEG) has just announced that Andreea Stanescu has been appointed General Manager, Romania. Andreea Stanescu will be reporting to Dee Liyanwela, Head of Business Services Ltd (BSL) Sri Lanka and Romania. In her new role, Andreea Stanescu will oversee the Group’ new Business Services centre in Bucharest. LSEG announced earlier this…

Read more
gold
October 10, 2018 BY Valentina Kirilova

Moscow Exchange launches gold futures with physical delivery

Moscow Exchange (MOEX) has just informed that it will begin trading of deliverable gold futures on its Derivatives Market on 11 October 2018. The new contract will link Moscow Exchange’s Precious Metals to the Derivatives Markets as gold will be delivered via the Precious Metals Market spot section. The contract will be quoted in rubles per…

Read more
fca fines
October 10, 2018 BY Valentina Kirilova

Montréal Exchange launches trading on London time

Montréal Exchange (MX), Canada's derivatives exchange, has announced that it has opened for trading at 2:00 a.m. EDT yesterday morning, or 7:00 a.m. London time. The move to extend its trading hours is in response to an increase in activity and demand from MX's global clients, particularly during the early trading session. MX's regular trading…

Read more
ASIC office
October 10, 2018 BY Valentina Kirilova

ASIC releases new instrument delaying reporting dates

Australian regulator ASIC has just announced that it has released a new legislative instrument relating to the professional standards reforms for financial advisers, as announced on 1 August 2018. The instrument makes changes to the reporting dates for a number of disclosure obligations in the transition to the new financial adviser professional standards reforms. It…

Read more
fca warning
October 09, 2018 BY Valentina Kirilova

FCA warns against Digital Worldwide OU 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 Digital Worldwide OU t/a Royal CFDs. Digital Worldwide is not authorised by the FCA but has been targeting people in the UK and is also carrying…

Read more
Frankfurt Stock Exchange
October 09, 2018 BY Valentina Kirilova

Westwing Group AG launched on Frankfurt Stock Exchange

Online retailer listed in Prime Standard since today Today's listing of the Westwing Group AG (ISIN: DE000A2N4H07) is the 16th IPO on the Frankfurt Stock Exchange this year, Deutsche Boerse announced earlier today. The shares of the online retailer were listed in the Prime Standard segment and started trading at 26.49 Euro. The issue price…

Read more
Euronext
October 09, 2018 BY Valentina Kirilova

Medincell lists on Euronext Paris - €30 million raised

Financial markets operator Euronext NV (EPA:ENX) has just announced that it has welcomed MedinCell, a pharmaceutical technology company that develops injectable drug delivery solutions, to listing in compartment C of Euronext Paris. Based in Jacou, near Montpellier in southern France, MedinCell is dedicated to achieving significant gains in the efficiency of drug therapies. The two most…

Read more