Category: Financial Services

moex moscow exchange
July 04, 2018 BY Valentina Kirilova

MOEX FX Market turnover down 6% MoM in June

Moscow Exchange (MOEX) has just released its market report for the month of June 2018. Total trading volume across Moscow Exchange’s markets was RUB 70.8 trln in June 2018. The fastest-growing market was the Bond Market, where trading volumes increased by 16.8% year-on-year. The first half of 2018 was strong for Moscow Exchange, with many…

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clone firm FCA warning
July 04, 2018 BY Valentina Kirilova

FCA warns against Loan Match clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Loan Match. 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…

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cysec cif license
July 04, 2018 BY Valentina Kirilova

CySEC withdraws CIF license of B.O. Tradefinancials Ltd

The Cyprus Securities and Exchange Commission (CySEC) has announced that, on its meeting of 25th June 2018, has decided, pursuant to section 8(1)(a) of the Investment Services and Activities and Regulated Markets Law of 2017 (ΝI87(I)/2017), as in force (‘the Law’), to wholly withdraw the Cyprus Investment Firm authorisation with number CIF 216/13 of the…

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Deutsche Börse volumes
July 04, 2018 BY Valentina Kirilova

High number of IPOs and ETF listings on Deutsche Börse in 1H

In the first six months of the year, there have been significantly more IPOs and listings of new exchange-traded funds (ETFs) on the cash markets of Deutsche Börse than in previous years. Trading volumes on the platforms Xetra, Börse Frankfurt and Tradegate Exchange were also significantly higher than in previous years; in the first six…

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July 02, 2018 BY Valentina Kirilova

DIFC teams up with France's Finance Innovation to promote FinTech growth

Dubai International Financial Centre (DIFC), the international financial hub in the Middle East, Africa and South Asia (MEASA) region, has announced that it has signed a Memorandum of Understanding (MoU) with Finance Innovation, France’s official innovation cluster for the financial industry, based in Paris. The collaboration will support the development of the FinTech ecosystem in…

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June 29, 2018 BY Valentina Kirilova

SFC endorses Stock Exchange of Hong Kong’s initiative to tackle backdoor listings

The Hong Kong Securities and Futures Commission (SFC) has shared its support of the proposals in the Stock Exchange of Hong Kong Limited’s (Exchange) consultation paper published today relating to backdoor listings and shell activities. These proposals are part of a series of initiatives to address concerns about problematic corporate and market conduct and represent…

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June 29, 2018 BY Valentina Kirilova

AKASOL AG now listed on the Frankfurt Stock Exchange

Deutsche Börse Cash Market has just announced that AKASOL AG (ISIN: DE000A2JNWZ9 ) was listed today in the Prime Standard of the Frankfurt Stock Exchange. The shares of the Darmstadt-based battery manufacturer started trading at €48.80 after an issue price of €48.50 Euro. This takes the current number of IPOs in Frankfurt since the beginning…

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June 29, 2018 BY Valentina Kirilova

FCA warns against CFD Royal clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm CFD Royal. 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…

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June 29, 2018 BY Valentina Kirilova

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

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June 29, 2018 BY Valentina Kirilova

ASIC cancels Dover Financial Advisers’ AFS license

On 28 June 2018, ASIC accepted a Court Enforceable Undertaking from Melbourne-based Dover Financial Advisers Pty Ltd and its sole director, Mr Terry McMaster. Mr McMaster is named as the Key Person on Dover’s AFS License (AFSL). Under the terms of the Court Enforceable Undertaking, Dover will cease operating its financial services business by 6…

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