Category: Financial Services

Thomson Reuters (NYSE:TRI)
January 11, 2018 BY Valentina Kirilova

Thomson Reuters goes live with key MiFID II services

Information giant Thomson Reuters (NYSE:TRI) announced that it has successfully gone live with its key MiFID II services, helping the financial services industry meet the new regulatory requirements. The new services are part of Thomson Reuters commitment to providing a comprehensive suite of solutions to assist the financial services industry with ensuring ongoing compliance with MiFID…

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moex moscow exchange
January 11, 2018 BY Valentina Kirilova

MOEX FX Market turnover 10% up MoM in December

Moscow Exchange (MOEX) has just released its market report for the month of December. Total trading volume across Moscow Exchange`s markets in December was RUB 71.5 trln - number goes up from November's RUB 70.4 trln. The number of trading days in December 2017 was 21 (versus 22 trading days in December 2016). In 2017,…

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SFC fines
January 11, 2018 BY Valentina Kirilova

Hong Kong SFC reprimands and fines EFG Bank AG $2 million

The Securities and Futures Commission (SFC) announced that it has reprimanded and fined EFG Bank AG (EFG Bank) $2 million for dealing in futures contracts without the required registration. The SFC found that between 1 April 2003 and 22 November 2016, EFG Bank executed 139 transactions in offshore listed index options for 11 clients without…

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ASIC office
January 11, 2018 BY Valentina Kirilova

Seven Australia crowdfunding sites receive ASIC license

The Australian Securities and Investments Commission (ASIC) informed that it has licensed the first crowd-sourced funding (CSF) intermediaries under the new CSF regime. Seven companies have been issued with Australian Financial Services (AFS) license authorisations to act as intermediaries able to provide a crowd-sourced funding service. With the grant of these new authorisations eligible public…

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Deutsche Börse
January 10, 2018 BY Valentina Kirilova

Deutsche Börse welcomes Expat Asset Management as new ETF issuer

First ETF with access to Bulgarian stock market launched on Xetra More news from the Bulgarian market today, as the first exchange traded fund (ETF) issued by Expat Asset Management has been tradable on Xetra and Börse Frankfurt since Wednesday. The Expat Bulgaria SOFIX UCITS ETF tracks the performance of the Bulgarian SOFIX Index, giving investors…

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ESMA ceases renewal of product intervention CFDs measures
January 10, 2018 BY Valentina Kirilova

ESMA delays publication of double volume cap data

The European Securities and Markets Authority (ESMA) announced that it has decided to delay the publication of the data on the double volume cap (DVC) mechanism for January 2018. The current quality and completeness of the data does not allow for a sufficiently meaningful and comprehensive publication of double volume cap calculations, as required under…

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WFE World Federation of Exchanges
January 10, 2018 BY Valentina Kirilova

WFE publishes position paper on FinTech in the market infrastructure space

The World Federation of Exchanges (WFE), which represents more than 200 market infrastructure providers including exchanges and CCPs, today published a position paper summarising the WFE’s current views on FinTech and the regulatory environment surrounding it. The purpose of the paper - entitled FinTech in the Market Infrastructure Space - is to support ongoing compliance…

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January 10, 2018 BY Valentina Kirilova

Shenzhen Stock Exchange signs a strategic cooperation agreement with China Railway

On January 8th, a high-level conference was held in Beijing between Shenzhen Stock Exchange (SZSE) and China Railway Corporation, where both parties entered into a strategic cooperation agreement. Wu Lijun, Secretary of the Party Committee and Chairman of the Administrative Committee of SZSE, and Lu Dongfu, Secretary of the Party Committee and General Manager of…

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