Clearstream ensures stable custody services LeapRate

October 19, 2017 BY Valentina Kirilova

Clearstream ensures stable custody services

The International Central Securities Depository (ICSD) Clearstream, which is part of Deutsche Börse Group, will continue to offer stable custody services no matter how the Brexit negotiations will evolve, Deutsche Börse just announced. This commitment is founded in Clearstream‘s core task, which is to absorb differences in regulatory frameworks. The company was established in 1970…

October 19, 2017 BY Valentina Kirilova

ASIC accepts voluntary undertakings from three liquidators

ASIC has announced the latest enforcement outcomes from its Published Notices Website and Lodgement project, an industry-wide project to improve publicly available information about failed companies through testing all registered liquidators’ compliance with the requirement to lodge forms with ASIC and publish notices on our published notices website. In each of the below cases, the…

October 19, 2017 BY Valentina Kirilova

MOEX releases September market report, ADV up 4% MoM

The trading volume of stocks totalled RUB 767 bln in September. The average daily trading volume was RUB 36.5 bln, up 4% MoM. The T+2 sector made up 98% of the total secondary market trading volume and the T0 sector accounted for 2%. The MICEX Index was up 2.7% MoM to 2,077.19 at the end…

October 19, 2017 BY Valentina Kirilova

AMF and ADGM to promote innovation in financial services in France and the UAE

The French Autorité des Marchés Financiers (AMF) and the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, have signed a cooperation agreement to promote innovation in financial services in France and the United Arab Emirates (UAE). The agreement was signed between Mr Robert Ophèle, Chairman of…

October 19, 2017 BY Valentina Kirilova

Varta AG listed on the Frankfurt Stock Exchange

Varta AG (ISIN: DE000A0TGJ55) was listed in the Prime Standard of the Frankfurt Stock Exchange, Deutsche Börse announced earlier today. 8.6 million new shares were placed during the IPO. The initial listing price was €24.25, the issue price €17.50. The issue's lead manager was Berenberg, UniCredit Bank acted as Joint Bookrunner. Berenberg also has the role…

Global elite attending Davos rehashed common cryptocurrency themes

October 19, 2017 BY Valentina Kirilova

EBA issues opinion on the design of new prudential framework for investment firms

The Cyprus Securities and Exchange Commission (CySEC) has informed the Cyprus Investment Firms about the following: 1. The European Banking Authority (EBA) issued on the 29th of September 2017, its Opinion on the design and calibration of a new prudential framework for investment firms (the ‘Opinion’), which is specifically tailored to the needs of investment…

October 19, 2017 BY Valentina Kirilova

FMA and ASIC confirm trans-Tasman collaborative approach to fintech

The Financial Markets Authority (FMA) and the Australian Securities and Investments Commission (ASIC) have re-affirmed their commitment to collaboration and cooperation on the expanding opportunities in fintech and innovation. The FMA and ASIC entered a wide-ranging Memorandum of Understanding (MoU) in 2012. Today in Sydney, senior executives from both regulators discussed the opportunities and challenges…

October 18, 2017 BY Valentina Kirilova

Cboe welcomes new Global X fund to ETF Marketplace

Cboe Global Markets, Inc. (BZX: CBOE | NASDAQ: CBOE) announced that it has today welcomed another fund to its Cboe ETF Marketplace - Global X fund. The Global X Iconic U.S. Brands ETF (Bats: LOGO) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Accuvest…

October 18, 2017 BY Valentina Kirilova

Deutsche Börse to launch Scale selection index in early 2018

Deutsche Börse drew a positive interim balance of the Scale SME segment launched on 1 March 2017. The trading volume of the companies that moved to Scale have more than doubled year-on-year in the first seven months since the segment’s launch, from €827 million to around €1.84 billion. The Scale All Share Index, which tracks…

October 18, 2017 BY Valentina Kirilova

FCA warns against My Finance clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm My Finance. 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 to…

Category: Financial Services