Category: Financial Services

Nasdaq Copenhagen Improves Small Cap Market Access For Non-Nordic Trading Members
February 13, 2018 BY Valentina Kirilova

Nasdaq launches Nasdaq Nordic Fund Market in Finland and Norway

Today Nasdaq (Nasdaq:NDAQ) Broker Services announced the launch of Nasdaq Nordic Fund Market in Finland and Norway. The market service, available in Sweden since 2010, aims to increase the efficiency for fund distributors and fund companies by enabling electronic straight through processing of orders and settlement. We have seen an increasing demand in Finland and…

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February 13, 2018 BY Valentina Kirilova

HKEX adds long-dated HSI and HSCEI futures and options

Hong Kong Exchanges and Clearing (HKEX) announced today (Tuesday) that it will introduce long-dated contract months for its Hang Seng Index (HSI) and Hang Seng China Enterprises Index (HSCEI) Futures and increase the long-dated contract months for its HSI and HSCEI Options, with maturities up to 5.5 years, from Monday, 5 March 2018 to give…

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February 13, 2018 BY Valentina Kirilova

TMX Group announces steady results in 4Q and full 2017

TMX Group Limited (TSX:X) has just announced results for the full year and fourth quarter ended December 31, 2017. The highlights include: Diluted earnings per share of $3.63 in Q4/17, up 282% from Q4/16 Adjusted diluted earnings per share of $1.22 in Q4/17, up 3% compared with Q4/16 Revenue of $170.9 million in Q4/17, down…

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FCA warning
February 12, 2018 BY Valentina Kirilova

FCA warns against Prime CFDs 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 Prime CFDs. Prime CFDs 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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hkex
February 12, 2018 BY Valentina Kirilova

HKEX launches director training webcast on IPOs

The Stock Exchange of Hong Kong Limited (the Exchange), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), has today published a webcast that offers directors at companies considering an initial public offering with guidance on their responsibilities, as well as practical advice on tackling issues that may arise during and after the…

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STOXX Low Carbon products licensed to Italian bank IMI
February 12, 2018 BY Valentina Kirilova

iSTOXX American Century USA Quality Value Index to underlie exchange-traded fund in the US

STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, announced that it has licensed its iSTOXX® American Century USA Quality Value Index to American Century Investments as an underlying for an exchange-traded fund (ETF). Our goal with the launch of American Century® ETFs is…

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FCA
February 12, 2018 BY Valentina Kirilova

FCA publishes report on Algo Trading including new MiFID II requirements

The Financial Conduct Authority (FCA) just informed the public that it has today published a report on the supervision of algorithmic trading in wholesale markets. The report summarises the key areas of focus for algorithmic trading and highlights areas of good and bad practice observed within previous cross-firm reviews. Automated technology brings significant benefits to…

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FCA warning
February 09, 2018 BY Valentina Kirilova

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

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