The Securities and Exchange Commission (SEC) today announced that an overseas stock manipulator has agreed to pay nearly $800,000 and be permanently barred from involvement in penny stocks after hiding his significant stake in a small oil & gas company while secretly funding a fraudulent promotional campaign that artificially boosted the company’s stock price before…
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Total trading volumes across Moscow Exchange`s (MOEX) markets increased in July by 14.8% YoY to RUB 75.4 trln. Turnover increased on the Bond Market (+34.0% YoY), Money Market (+28.9% YoY) and Equity Market (+8.7% YoY). Equity and Bond Market Total trading volumes on the Equity and Bond Market grew by 23.8% YoY to RUB 2,019.9…
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Bats, a CBOE Holdings, Inc. (NASDAQ:CBOE) company, and market for exchange-traded product (ETP) trading globally, today welcomed thirty iShares funds to the Bats ETF Marketplace, the largest single transfer the exchange has handled. The funds, which have consolidated assets under management over $110 billion, bring the total number of iShares funds listed on Bats to…
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Boerse Stuttgart just released its volume report for the month of July 2017 and announced that the turnover was around EUR 6 billion. The lion’s share of this total, around EUR 2.5 billion, was generated by securitised derivatives – approximately EUR 1.2 billion from leverage products and around EUR 1.3 billion (up 5 percent on…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Debt Advice Trust. 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 Tokyo Commodity Exchange, Inc. (TOCOM) has announced today Precious Metals Market rule changes for Declared Delivery and Customized Delivery. The new rules allow settlement through the delivery of bars instead of warehouse receipts where there is consent between buyer and seller. The updated rules took effect on August 1 and are applicable to the…
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The Securities Investor Protection Corporation (SIPC) and the Financial Industry Regulatory Authority (FINRA) have announced a services agreement designed to ease reporting burdens and compliance costs for member firms. The new, simplified filing process will also reduce inconsistent or incomplete filing of annual audited financial statements and supplementary reports. Effective September 1, firms that currently…
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Order book turnover on Deutsche Börse cash markets totalled €118.9 billion in July (July 2016: €100.8 billion). Deutsche Börse AG has also published its results for the second quarter of 2017 last Wednesday. Of the €118.9 billion, €109.1 billion were attributable to Xetra (July 2016: €91.8 billion) and €3.5 billion to Börse Frankfurt (July 2016: €3.4…
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Bolsa de Madrid (BME) has just announced its monthly volumes report. The highlights include: Trading volume in the first seven months of the year amounted to €417.1 billion The number of trades in July was 4.8 million, up 9% from last year's figure Trading in Financial Derivatives in July rose by 20% from the same…
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The month of July proved to be an eventful one for DGCX, the largest and the most diversified derivatives bourse in the region, as it inked pacts for greater collaboration with two leading Abu Dhabi based entities – the Abu Dhabi Securities Exchange (ADX) and Abu Dhabi Global Market (ADGM). The Exchange’s recent regulatory recognition…
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