Category: Financial Services

August 23, 2017 BY Valentina Kirilova

No trading today in HKEX's securities and derivatives markets

Hong Kong Exchanges and Clearing Limited (HKEX) announced that today's trading sessions in the securities and derivatives markets, including After-Hours Futures Trading, have been cancelled due to the issuance of Typhoon Signal No. 10. No securities clearing and settlement services will be provided for the day. No Stock Connect trading is available today. For details…

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fca warning
August 23, 2017 BY Valentina Kirilova

FCA warns against Indigo Loans firm

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Indigo Loans. Indigo Loans is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…

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Securities and Exchange Commission proposes Transaction Fee Pilot for NMS Stocks
August 23, 2017 BY Valentina Kirilova

SEC charges investment adviser with defrauding professional athlete and wife

The Securities and Exchange Commission (SEC) announced that has charged investment adviser Jeremy Drake with defrauding two clients, a high profile professional athlete and the athlete’s wife, by deceiving them about the investment advisory fees they were paying. The SEC alleges that Drake went to elaborate lengths to conceal his fraud, including creating and sending…

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August 23, 2017 BY Valentina Kirilova

MOEX halts trading in UAHRUB currency pair

Yesterday Moscow Exchange (MOEX) released its monthly market report for the month of July and the trading volume of stocks totalled RUB 714 bln. The average daily trading volume was RUB 34 bln, down 19% MoM. The T+2 sector made up 97% of the total secondary market trading volume and the T0 sector accounted for…

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Deutsche Börse
August 22, 2017 BY Valentina Kirilova

Deutsche Börse announces unscheduled change to the MDAX Index

Free float adjustment for STADA Arzneimittel AG/ Changes to be effective as of 24 August 2017 On Monday, Deutsche Börse announced an unscheduled change to the MDAX Index. Due to the acquisition of STADA Arzneimittel AG by Nidda Healthcare Holding AG, the free float of STADA Arzneimittel AG changed by more than 10 percentage points.…

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clone firm FCA warning
August 22, 2017 BY Valentina Kirilova

FCA warns against Active Funds ICAV clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Active Funds ICAV. 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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fca warning
August 22, 2017 BY Valentina Kirilova

FCA warns against Ashton Moore Developments firm

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Ashton Moore Developments. Ashton Moore Developments is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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fca warning
August 22, 2017 BY Valentina Kirilova

FCA warns against CDN Law Firm

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm CDN Law Firm. CDN Law Firm is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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moex moscow exchange
August 22, 2017 BY Valentina Kirilova

MOEX average trading volume down 19% MoM in July

Moscow Exchange (MOEX) just released its monthly market report for the month of July and the trading volume of stocks totalled RUB 714 bln. The average daily trading volume was RUB 34 bln, down 19% MoM. The T+2 sector made up 97% of the total secondary market trading volume and the T0 sector accounted for…

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