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 Greenfield Loans Limited. Greenfield Loans Limited is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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The European Securities and Markets Authority (ESMA) announced that has added 2 new Q&A to its Questions and Answers (Q&A) document on the implementation of investor protection topics under the Market in Financial Instruments Directive and Regulation (MiFID II/ MiFIR). The new Q&A cover the topics of recording of telephone conversations and electronic communications, and…
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The Abu Dhabi Securities Exchange (ADX), a leading securities exchange in the region, announced that has signed a Memorandum of Understanding (MoU) with Dubai Gold and Commodities Exchange (DGCX), the region’s largest and most diversified derivatives bourse, and its parent company, DMCC (Dubai Multi Commodities Centre) to create the basis for collaboration on a unified…
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It has been a golden summer for HKEX, because just days after launching the Bond Connect, they've turned their attention to one of the world’s most precious metals: gold. Today HKEX has launched a dual-currency gold futures contract in Hong Kong that is physically-settled, and a gold contract as part of LMEprecious on the LME.…
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The Kuala Lumpur Sessions Court today convicted and jailed two former executive directors of Axis Incorporation Bhd (Axis) for furnishing false statements to Bursa Malaysia Securities Bhd. Lee Han Boon and Saipuddin Lim Abdullah both pleaded guilty for furnishing false information to the stock exchange in relation to Axis’ revenue of RM91.13 million. Out of…
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The Hong Kong Securities and Futures Commission (SFC) and the Autorité des Marchés Financiers (AMF) announced that have signed a Memorandum of Understanding (MoU) on France-Hong Kong Mutual Recognition of Funds (MRF), which will allow eligible Hong Kong public funds and French UCITS funds to be distributed to retail investors in each other’s market through…
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The Cyprus Securities and Exchange Commission (CySEC) has today announced a series of financial penalties on the directors of Falcon Brokers Limited, and has banned all key persons of the Company from exercising professional activity related to the financial sector for a number of years. This decision marks the conclusion of CySEC’s eighteen-month investigation into…
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With the Hamburg-based fintech, The NAGA Group AG, the first company from the Deutsche Börse Venture Network has been listed in the SME segment Scale on the Frankfurt Stock Exchange. The issue volume of the IPO was €2.51 million. The first price was €3.60, the issue price €2.60. The IPO was accompanied by Hauck &…
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Bats, a CBOE Holdings Inc. (NASDAQ: CBOE) company, and a market for exchange-traded products (ETP) trading globally, announced that has welcomed a new iShares ETF to the Bats ETF Marketplace. The iShares Russell 2500 ETF (Bats: SMMD) seeks to track the investment results of an index composed of mid- and smallcapitalization U.S. equities. Year-to-date, Bats…
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CBOE Holdings, Inc. (NASDAQ: CBOE) announced it plans to list options on Blue Apron Holdings, Inc. (APRN), a meal-kit delivery service. CBOE Holdings anticipates trading in options on Blue Apron will begin on Monday, July 10, at Chicago Board Options Exchange (CBOE) and C2 Options Exchange (C2), once the underlying stock has been certified as…
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