Moscow Exchange (MOEX) has informed the public that it has launched US 500 Index Futures. The underlying asset for US 500 Index Futures is the Solactive US Large Cap Index, a benchmark mirroring the performance of the 500 largest US companies. Renaissance Broker and Region Investments will quote buy and sell orders of 100 contracts…
Read moreAustralian regulator ASIC informed the public that it has acted to address concerns about the operations of Aurora Funds Management Limited (Aurora), the responsible entity of several ASX-listed managed investment schemes including the Aurora Property Buy-Write Income Trust (AUP). ASIC has imposed conditions on Aurora’s financial services license. This follows ASIC undertaking enquiries into the…
Read moreThe U.S. Commodity Futures Trading Commission (CFTC) has announced that Judge Timothy M. Cain of the U.S. District Court for the District of South Carolina entered a Consent Order against Defendant Jody Dupont of Anderson, South Carolina, and an Order of Default Judgment against his company, Open Range Trading LLC, also of Anderson. Neither DuPont nor Open Range…
Read moreMauritius financial regulator the Financial Services Commission (FSC) has announced that a licence was purportedly issued with the licence number 216/13 on 06 March 2012 in the name of Cynthia Johnson Loan Company International and Skye Trade Cooperative (which is licensed as B.O Tradefinancials Ltd). The entities are claiming to hold a Category 2 Global…
Read moreNasdaq (Nasdaq:NDAQ) today announced the Nasdaq Closing Cross had a record day as it was used for the 15th consecutive year to rebalance Nasdaq-listed securities in the entire family of Russell U.S. Indexes, part of global index provider FTSE Russell, during their annual reconstitution. A record 1.188 billion shares representing $39.26 billion were executed in…
Read moreDeutsche Börse Cash Market has just announced that investors can now trade round about one million certificates and warrants on the Frankfurt Stock Exchange from 8 am to 10 pm - expanding trading hours to one hour earlier in the morning and two hours longer in the evening. It is the first time that trading…
Read moreGMEX Group (GMEX), a global provider of multi-asset exchange trading, post trade business solutions and technology has announced it will launch a Mauritius based International Derivatives and Commodities Exchange (MINDEX) ecosystem. The setting up of a MINDEX ecosystem was initially an initiative first announced in the National Budget 2016/2017, and the GMEX-led private sector consortium…
Read moreThe UK Financial Conduct Authority (FCA) has put out details of the cloned firm Arden & Partners. 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…
Read moreThe UK Financial Conduct Authority (FCA) has put out details of the cloned firm Wallace Braxton Credit Union Limited. 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…
Read moreThe Nigerian Stock Exchange (The Exchange or NSE) has just announced that it has reviewed its Equities Market Structure, which shall become effective on Monday, July 2, 2018. The new Market Structure will create a level playing field for all market participants and enable investors deploy broader trading strategies, enjoy best execution and benefit from…
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