Moscow Exchange (MOEX) announced that from 1 June 2017, a new market making program will be launched on the Exchange's Spot FX Market to support the USD/RUB instrument with next day settlement. This is the first ever market making initiative on USDRUB_TOM, the most popular instrument of the spot FX market. It aims to further…
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Deutsche Börse announced that is now financial centre partner of national league football club Eintracht Frankfurt, having signed an agreement with Eintracht Frankfurt Fußball AG. This step marks the start of a premium partnership between Eintracht Frankfurt and Deutsche Börse focussing on commitment to a region that both firms have been instrumental in shaping –…
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The Court of Appeal today allowed Securities Commission Malaysia (SC)’s appeal to enhance sentences meted out against former executive directors of Welli Multi Corporation Bhd (Welli Multi), Ang Sun Beng and Ang Soon An, for furnishing misleading financial information to SC in 2005. The court imposed a sentence of six months jail and a fine…
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Moscow Exchange (MOEX) just announced that as of 23 May 2017, clients of China's top four financial information vendors, Great Wisdom, Wind, East Money and Emoney, have started to receive MOEX's real-time market data. The clients now receive online information on MOEX's main benchmarks (MICEX and RTS Indexes). The data range will be extended to…
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Hong Kong Exchanges and Clearing Limited (HKEX) announced today that it will introduce its revised stock option position limit (SOPL) model on 1 June 2017 and new limits will take effect on the same day. HKEX's revised SOPL model is designed to align Hong Kong's SOPL regime more closely with international practices and ensure the…
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In order to further regulate the information disclosure of listed companies engaging in civil engineering and construction industry, Shenzhen Stock Exchange (SZSE) has recently formulated and released the No. 7 Guideline of Shenzhen Stock Exchange for Industry Information Disclosure of Listed Companies Engaging in Civil Engineering and Construction Business. In recently years, SZSE has been…
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ASIC announced that has suspended the Australian financial services (AFS) licence of NSW-based Divitiarum Audax Pty Limited from 8 May 2017 for failing to lodge financial statements and auditor's reports for a period of four years. This is in breach of both Divitiarum Audax's legal obligations and licence conditions. ASIC Deputy Chair Peter Kell said:…
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Colt Technology Services has announced newly optimised low-latency network routes linking stock exchanges in Tokyo and the Chicago Mercantile Exchange, which will be available from May 23, 2017. Connectivity will be provided through the company's private Ethernet-based Colt IQ Network. Latency between Tokyo and Chicago will reach a speed of 121.07ms between each endpoint after…
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The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge Bruce S. Jenkins in the U.S. District Court for the District of Utah entered a Consent Order against Defendants Kimball Parker of Lehi, Utah, and his Utah company, MakeYourFuture, LLC (MYF), who were charged with fraud and other violations in connection with the offering…
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After dealing with several cases of companies retaliating against employees who reported wrongdoing, the U.S. Commodity Futures Trading Commission (CFTC) has announced amendments to the its Whistleblower Rules that will, among other things, strengthen the CFTC’s anti-retaliation protections for whistleblowers and enhance the process for reviewing whistleblower claims. Based on a reinterpretation of the CFTC’s…
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