The Irish Stock Exchange (ISE) announced that has gone live with Deutsche Börse’s new T7 trading platform for the Irish equity market. This new platform further enhances the performance and capacity of the ISE’s equity market offering. T7 delivers synergies, which make it even easier and reduces cost for international trading firms to connect and…
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The World Federation of Exchanges (WFE), which represents more than 200 market infrastructure providers including exchanges and CCPs, has today responded to the UK Financial Conduct Authority's (FCA) Discussion Paper on Distributed Ledger Technologies (DLT). The response summarised the WFE's position on the issue of DLT: The WFE is encouraged by regulators such as the…
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The Federal Reserve Board yesterday announced that it will fine BNP Paribas S.A. and its U.S. subsidiaries $246 million for the firm's unsafe and unsound practices in the Forex markets. This follows the massive fine at the New York state level in May when the New York Department of Financial Services (NYDFS) fined the bank…
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The Tel-Aviv Stock Exchange (TASE) launched this week, a new index: the Tel Bond-Global, which is based on shekel bonds of foreign companies traded on TASE. Bonds included in this index are traded at a higher yield than bonds included in the Tel Bond-Shekel index, the credit rating of which is identical to that of…
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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 Donalds and Brinkley. Donalds and Brinkley is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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Bats Europe, a CBOE Holdings, Inc. (NASDAQ:CBOE) company and the region’s largest equities exchange operator, today announced the successful rollout of its penultimate software release ahead of MiFID II. All of the major real-time exchange functionality needed for MiFID II compliance was incorporated into this latest software release, which was seamlessly deployed on Friday, 14th…
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ASIC announced that has visited twenty limited Australian Financial Services (AFS) licensees during 2016 – 2017 to assess how they were operating under their new licences and to discuss and promote compliance with their AFS licensee obligations. This program followed the removal from 1 July 2016 of the exemption from holding an AFS licence that…
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Hong Kong Exchanges and Clearing Limited (HKEX) has announced the list of securities for Phase 2 of the Closing Auction Session (CAS) it will roll out in its securities market on Monday, 24 July 2017. CAS Phase 2 (Phase 2) will expand the list of CAS Securities to include constituents of the Hang Seng Composite…
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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 Multi Strategy Investments Limited trading as London Investments. Multi Strategy Investments Limited is not authorised by the FCA but has been targeting people in the UK…
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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 GSI Markets. GSI Markets 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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