Category: Financial Services

Nasdaq

December 28, 2017 BY Valentina Kirilova

Nasdaq announces mid-month open short interest positions in Nasdaq stocks

At the end of the settlement date of December 15, 2017, short interest in 2,344 Nasdaq Global Market SM securities totaled 7,459,908,298 shares compared with 7,455,601,576 shares in 2,348 Global Market issues reported for the prior settlement date of November 30, 2017. The mid-December short interest represents 4.37 days average daily Nasdaq Global Market share…

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Cboe ETF Marketplace Cboe Global Markets Inc. (Nasdaq: CBOE)

December 28, 2017 BY Valentina Kirilova

Cboe welcomes new issuer AlphaClone to ETF Marketplace

Cboe Global Markets, Inc. (Nasdaq: CBOE) announced that two AlphaClone funds successfully transferred to the Cboe ETF Marketplace from NYSE Arca today. The AlphaClone Alternative Alpha ETF (Cboe: ALFA) seeks to track the price and yield, before fees and expenses, of the AlphaClone Hedge Fund Downside Hedged Index. The AlphaClone International ETF (Cboe: ALFI) seeks…

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December 27, 2017 BY Valentina Kirilova

FINRA fines J.P. Morgan Securities LLC $2.8 million for supervisory failures

The Financial Industry Regulatory Authority (FINRA) announced today that it has fined J.P. Morgan Securities $2.8 million for violating the Securities and Exchange Commission’s (SEC) Customer Protection Rule and for related supervisory failures. The SEC rule creates requirements to protect customers' funds and securities. To ensure that customers could recover their assets in the event…

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Spanish Stock Market BME Bolsa de Madrid

December 27, 2017 BY Valentina Kirilova

Spanish regulator CNMV approves BME as APA and ARM

BME Regulatory Services announced today that it has received authorisation from the Spanish securities market regulator, Comisión Nacional del Mercado de Valores (CNMV), to provide Approved Publication Arrangement (APA) and Approved Reporting Mechanism (ARM) services in compliance with MiFID II and MiFIR requirements, which will come into force on 3rd January 2018. As an APA,…

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Hong Kong SFC

December 27, 2017 BY Valentina Kirilova

Court allows SFC’s appeal in illegal short selling case

The Court of First Instance informed that it has allowed the Hong Kong Securities and Futures Commission’s (SFC) appeal against the acquittal of Mr Wong Hung of illegal short selling and ordered that the case be remitted back to the Magistrates’ Court for a re-trial. In May 2014, the Eastern Magistrates’ Court acquitted Wong on…

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Regulation

December 27, 2017 BY Valentina Kirilova

CMA exempts listed companies from disclosing financial statements for Q4 2017

The Saudi Arabia Capital Market Authority (CMA) has pointed out that its decision announced by the CMA Board to exempt listed companies from disclosing financial statements for the fourth quarter of the current fiscal year is part of CMA's ongoing efforts to develop the financial market in the Kingdom. It also stems from CMA's keenness…

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December 27, 2017 BY Valentina Kirilova

Global Investor Confidence declines in December by 1.5 points to 95

State Street Global Exchange has today released the results of the State Street Investor Confidence Index® (ICI) for December 2017. The Global Investor Confidence Index decreased to 94.8, down 1.5 points from November’s revised reading of 96.3. The fall in sentiment was driven by a 6.2 point drop in the North American ICI to 94.9…

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sfc bans

December 27, 2017 BY Valentina Kirilova

Hong Kong SFC bans a former account executive of Get Nice Securities Limited

The Securities and Futures Commission (SFC) has banned Mr Ng Chau, a former account executive of Get Nice Securities Limited (Get Nice), from re-entering the industry for six months from 15 December 2017 to 14 June 2018 for breach of the SFC’s Code of Conduct. The SFC found that Ng effected transactions in a client’s…

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December 27, 2017 BY Valentina Kirilova

Amman Stock Exchange launches ASE News app on mobile devices

Amman Stock Exchange (ASE) announced that it will launch the new official application ASE News today on the devices that use (IOS) and (Android) operating systems. This application aims to enable investors and those who are interested in securities to follow up all news, circulars and disclosures of listed companies issued by the ASE. The…

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clone firm FCA warning

December 26, 2017 BY Valentina Kirilova

FCA warns against Lolly Loans PVT Ltd clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Lolly Loans PVT Ltd. 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…

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