The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Kleinwort Benson (Ventures). 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…
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The Cyprus Securities and Exchange Commission (CySEC) has made an announcement, informing all interested parties about the Authorisation of Data Reporting Service Providers. In particular, this Announcement aims to inform potential applicants and assist them in their preparations for the MIFID II authorization requirements, which will apply from 3 January 2018. Firms that intend to…
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Intercontinental Exchange (NYSE: ICE), the operator of global exchanges and clearing houses and provider of data and listings services, announced today that it priced an underwritten public offering of $1.0 billion in new senior notes. The senior notes comprise $500 million in aggregate principal amount of 2.350% Senior Notes due 2022 (the “2022 Notes”) and…
Read moreEgyptian Exchange (EGX) Membership Committee held yesterday its first meeting under the chairmanship of Mr. Mohamed Farid, EGX Chairman and the membership of his deputy Mr. Mohsen Adel, also the Committee had other members of the Board of Directors, Mr. Ahmed Abu El Saad and Shoukat El Maraghi. During the meeting, the Committee declared several…
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Hong Kong Exchanges and Clearing Limited (HKEX) published its consultation conclusions today (Friday) on its proposed after-hours trading (AHT) enhancements. HKEX received a total of 53 responses from a broad spectrum of market participants including 36 Exchange Participants (EPs) and others in the market contributing 83 per cent of the volume in AHT (the T+1…
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The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (DMO) has granted relief to market participants in complying with certain position aggregation requirements. This relief is being provided until August 12, 2019. Previous relief was set to expire on August 14, 2017. During the period of the time-limited no-action relief issued today, DMO…
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The European Securities and Markets Authority (ESMA) has published its first three opinions on position limits regarding commodity derivatives under the Markets in Financial Instruments Directive and Regulation (MiFID II/MIFIR). ESMA’s opinions agree with proposed position limits by the Autorité des Marchés Financiers (AMF) regarding: • Rapeseed; • Corn; and • Milling wheat. ESMA found…
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CBOE Holdings, Inc. (NASDAQ: CBOE) announced today that trading volume in options and futures on the CBOE Volatility Index® (VIX®) each reached new all-time highs on Thursday, August 10. In VIX options at CBOE, a reported 2,562,477 contracts traded on Thursday, surpassing the previous single-day record of 2,382,752 contracts on February 3, 2014. Year-to-date through…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Money Solutions UK. 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…
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The Board of Directors of TMX Group Limited (TSX:X) declared a dividend of $0.50 on each common share outstanding, payable on September 8, 2017 to shareholders of record at the close of business on August 25, 2017. TMX Group hereby advises that this dividend is designated as an "eligible dividend" for Canadian income tax purposes.…
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