Category: Financial Services

May 08, 2017 BY admin

Dubai Commodities Clearing Corporation launches new risk management system

The Dubai Commodities Clearing Corporation (DCCC), the leading Central Counter Party (CCP) in the region and a wholly owned subsidiary of the Dubai Gold & Commodities Exchange (DGCX), has announced the launch of a state-of-the-art Risk Management System (RMS) called ActiveRisk. ActiveRisk, developed by Chella Software (CSPL), has been deployed by DCCC with the primary…

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May 05, 2017 BY Valentina Kirilova

SEC and FINRA announce National Compliance Outreach Program for Broker-Dealers

Cybersecurity, investing by seniors, and other regulatory topics of interest will be discussed when the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) hold their National Compliance Outreach Program for Broker-Dealers on July 27. Registration opened today for the program, which is designed to provide an open forum for regulators and industry…

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Securities and Exchange Commission proposes Transaction Fee Pilot for NMS Stocks
May 05, 2017 BY Valentina Kirilova

SEC staff supplements quarterly private funds statistics

The U.S. Securities and Exchange Commission (SEC) staff published a suite of new data and analyses of private fund statistics and trends. The Private Funds Statistics, released quarterly since October 2015 by the Division of Investment Management’s Risk and Examinations Office, offers investors and other market participants valuable insights by aggregating data reported by private…

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May 05, 2017 BY Valentina Kirilova

Bats announces new complex order options functionality

Bats, a CBOE Holdings, Inc. (NASDAQ: CBOE) company announced that it is planning to launch new complex order functionality on its EDGX options exchange. Subject to regulatory approval, the expanded functionality is planned to launch on October 23, 2017. It will include new order handling, risk management and trade-through protections. Specifically: Complex order types will…

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SGX announces trading volumes
May 05, 2017 BY Valentina Kirilova

SGX welcomes Capital World Limited to Catalist

Singapore Exchange (SGX) just announced that has welcomed Capital World Limited to Catalist under the stock code “1D5”. Based in Johor, Malaysia, Capital World Limited is an integrated property developer that focuses on working with landowners on a joint venture basis to enhance the value of the landowner’s land asset. Through such joint ventures, Capital…

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clone firm FCA warning
May 05, 2017 BY Valentina Kirilova

FCA warns against Markus Spielmann Inc clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Markus Spielmann Inc. 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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May 05, 2017 BY Valentina Kirilova

CBOE begins trading options on VelocityShares' EVIX

CBOE Holdings, Inc. (NASDAQ: CBOE) announced it has begun trading options on the VelocityShares® 1x Long VSTOXX Futures ETN (Bats: EVIX), which are based on the VSTOXX Short-Term Futures Investable Index. The options, which began trading at Chicago Board Options Exchange (CBOE) yesterday are listed under the ticker symbol EVIX. The VSTOXX Short-Term Futures Investable…

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fca warning
May 05, 2017 BY Valentina Kirilova

FCA warns against BBS Consulting / Best Broker Service firm

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 BBS Consulting / Best Broker Service. BBS Consulting / Best Broker Service is not authorised by the FCA but has been targeting people in the UK…

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