Category: Financial Services

fma warning
October 03, 2017 BY Valentina Kirilova

CONSOB suspends Questra World, Questra Holdings and Atlantic Global Asset Management

The National Commission for Companies and the Stock Exchange (Commissione Nazionale per le Società e la Borsa – CONSOB) announced that has adopted two measures prohibiting the advertisement of the public offer promoted by the companies Questra World, Questra Holdings and Atlantic Global Asset Management, concerning financial investments. This is due to the fact that…

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Abu Dhabi Securities Exchange launches its new digital platform Sahmi
October 03, 2017 BY Valentina Kirilova

ADX meets with AmCham to discuss investment opportunities in the Abu Dhabi Securities Exchange

Rashed Al Blooshi, Chief Executive of the Abu Dhabi Securities Exchange (ADX) recently hosted a briefing about ADX at the American Chamber of Commerce, Abu Dhabi (AmCham). The session introduced attendees to the operations of the exchange, its vision moving forwards and the investment opportunities available. Attendees included a number of AmCham’s members, as well…

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SEC charges nine hackers and traders in Edgar hacking case
October 02, 2017 BY LeapRate Staff

SEC beefs up security around EDGAR filing system following 2016 cyber intrusion

SEC Chairman Jay Clayton today provided an update on the status of the agency’s review and investigation of the 2016 intrusion into the EDGAR system. In addition to updating previous disclosures, today's announcement also includes additional information on the agency’s efforts to strengthen its cybersecurity risk profile going forward. The ongoing staff investigation of the…

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Deutsche Börse volumes
October 02, 2017 BY Valentina Kirilova

Deutsche Börse releases September's turnover, Xetra's Average Daily Volume up 10% YoY

Order book turnover on Deutsche Börse cash markets totalled €117.7 billion in September (September 2016: €109.1 billion, August 2017: €116.2 billion). Of the €117.7 billion, €107.3 billion were attributable to Xetra (September 2016: €100.8 billion) and €3.4 billion to Börse Frankfurt (September 2016: €3.3 billion). Order book turnover on Tradegate Exchange totalled €7.0 billion (September…

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October 02, 2017 BY Valentina Kirilova

SIX Securities Services goes live to report derivatives transactions in Switzerland

Six months after receiving approval from FINMA, the Swiss trade repository service provided by SIX Securities Services officially went live. The vast majority of the large financial counterparties in Switzerland (classified as FC+), starting their reporting obligations in the first phase today, decided in favor of the SIX Securities Services solution and are set up…

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SFC fines
October 02, 2017 BY LeapRate Staff

Logista Advisors LLC to pay $250,000 fine for Spoofing on a foreign futures exchange

The U.S. Commodity Futures Trading Commission (CFTC) has issued an Order filing and simultaneously settling charges against Logista Advisors LLC, a crude-oil-trading firm based in Houston, Texas. The Order finds that, from approximately September 2013 through October 2014, Logista failed to diligently supervise the handling by its employees and officers of commodity interest accounts and other…

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October 02, 2017 BY Valentina Kirilova

Bats welcomes new PowerShares Fund to the Bats ETF Marketplace

Bats, a CBOE Holdings, Inc. (NASDAQ:CBOE) company announced that has welcomed a new PowerShares PureBeta fund to the Bats ETF Marketplace. The launch brings the total number of PowerShares funds listed on the Bats ETF Marketplace to 16. The PowerShares PureBeta US Aggregate Bond Portfolio fund (Bats: PBND) seeks to track the investment results of…

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