Category: Financial Services

April 28, 2017 BY Valentina Kirilova

Catella launches the first Swedish Real Estate Fund listed on Nasdaq Stockholm

Sweden-based company active in the financial sector Catella (STO:CAT-B)’s Property Investment Management unit is launching Property Income 2017, an alternative investment fund that will invest in investment properties with stable cash flows and high dividend capacity. The fund’s AIF manager is Plain Capital Asset Management Sverige AB, and the fund’s depositary is SEB. The listing…

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April 28, 2017 BY Valentina Kirilova

SFC releases report on retail futures brokers

The Securities and Futures Commission (SFC) today published its Report on the fact-finding exercise on retail futures brokers which aimed to understand the business profiles and major risk management controls and practices of 10 major local futures brokers (the Reporting Firms). This information assists the SFC in supervising licensed corporations and helps market participants understand…

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April 28, 2017 BY Valentina Kirilova

Moscow Exchange announces AGM results

Moscow Exchange (MOEX) held its Annual General Meeting of Shareholders (AGM) on 27 April 2017. Shareholders approved the company's annual report for 2016, its FY 2016 financial statements and distribution of profit, including dividends for FY 2016. As recommended by the Supervisory Board, shareholders voted to pay a dividend for 2016 of RUB 17.5 bln,…

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April 28, 2017 BY Valentina Kirilova

Clearstream publishes new International Standard on Assurance Engagements report

Clearstream just announced that the ISAE 3402 report for the period 1 October 2015 to 30 September 2016 is now available to premium users of their website. The International Standard on Assurance Engagements (ISAE) No. 3402, is produced by Clearstream's external auditors, KPMG, and is an assurance report on the description of Clearstream's controls, their design and…

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April 28, 2017 BY Valentina Kirilova

Bats welcomes new iShares Fund to the Bats ETF Marketplace

Bats, a CBOE Holdings, Inc. (NASDAQ: CBOE) company, today welcomed a new iShares fund to the Bats ETF Marketplace. The iShares MSCI Argentina and Global Exposure ETF (Bats: AGT) seeks to track the investment results of the MSCI All Argentina 25/50 Index (the Underlying Index), which is designed to measure the broad Argentina equity universe. The…

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ASIC suspends AFS license
April 28, 2017 BY Valentina Kirilova

ASIC suspends AFS licence of Australia Wealth Capital Group

ASIC has suspended the Australian financial services (AFS) licence of Australia Wealth Capital Group Pty Ltd (AFS licence 434007) until 3 October 2017, for failing to comply with a number of key obligations as a financial services licensee, including: establishing and maintaining compliance measures to ensure, as far as reasonably practical, that the licensee complies…

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April 27, 2017 BY Valentina Kirilova

17 new UK companies join LSE's ELITE

London Stock Exchange Group (LSEG) today announced that its international business support and capital raising ecosystem, ELITE, is welcoming a further 17 UK companies, bringing the total number of UK businesses in the ELITE community to over 100. Umerah Akram, Head of ELITE UK, welcomed the new ELITE CEOs to open trading on London’s markets…

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CME Group
April 27, 2017 BY Valentina Kirilova

CME Group posts strong Q1 results on record trading volumes

Average daily volume reached a record 17.1 million contracts, including records in Interest Rates, Metals, Interest Rate Options and Equity Options Derivatives marketplace operator CME Group Inc (NASDAQ:CME) today reported revenue of $929 million and operating income of $601 million for the first quarter of 2017. Net income was $400 million and diluted earnings per…

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