Hong Kong SFC publishes new forms for disclosure of interests notifications LeapRate

May 05, 2017 BY Valentina Kirilova

Hong Kong SFC publishes new forms for disclosure of interests notifications

The Securities and Futures Commission (SFC) today published new prescribed forms for disclosure of interests notifications (DI notices) for use when mandatory electronic filing takes effect on 3 July 2017. The SFC reminds substantial shareholders, directors and chief executives of listed corporations that as of that date, DI notices with respect to their interests in…

May 05, 2017 BY Valentina Kirilova

FCA warns against JW Global clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm JW Global. 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 to…

May 05, 2017 BY Valentina Kirilova

EEX to launch Central & Eastern European power futures in cooperation with the PXE Europe

EEX announced that will enhance its power derivatives offering by listing Central & Eastern European markets on its platform in cooperation with Prague based Power Exchange Central Europe (PXE) on 15th June 2017. Currently, PXE offers power derivatives contracts for the Czech Republic, Hungary, Slovakia, Romania and Poland which will be migrated to EEX. The…

May 05, 2017 BY Valentina Kirilova

Jay Clayton sworn in as Chairman of SEC

Jay Clayton was sworn into office by U.S. Supreme Court Justice Anthony M. Kennedy as the 32nd Chairman of the Securities and Exchange Commission It is a tremendous honor to lead the SEC and to be sworn in by Justice Kennedy, whom I greatly admire," said Chairman Clayton. "The work of the SEC is fundamental…

May 05, 2017 BY Valentina Kirilova

New Zealand’s FMA warns against unregistered broker Mrtmarkets

The FMA noted a recent warning by the Australian Securities and Investment Commission (ASIC) against conducting business with Mrtmarkets. FMA warned that Mrtmarkets are not registered to provide financial services to New Zealanders. FMA has received a complaint about Mrtmarkets, not to mention that several other authorities have already published warnings about Mrtmarkets.com: Autorité des…

May 04, 2017 BY Valentina Kirilova

The European Energy Exchange acquires US Nodal Exchange

The European Energy Exchange (EEX), part of Deutsche Börse Group, and the owners of US-based Nodal Exchange Holdings, LLC announced that have successfully closed the transaction under which EEX has acquired 100% of the equity in Nodal Exchange. All remaining regulatory conditions to closing were satisfied recently, especially the US merger control process was passed…

May 04, 2017 BY Valentina Kirilova

CySEC initiates ICF compensation process for clients of defunct forex broker CommexFX

The Board of the Cyprus Securities Exchange Commission (CySEC) informed the public and especially the covered clients of CommexFX Ltd of the following: The Company’s CIF authorisation has been withdrawn as of July 2016. The Company, has not until today, settled its obligations arising from the investment and ancillary services that provided to its client,…

May 04, 2017 BY Valentina Kirilova

TMX Group releases April volumes, all TMX equities marketplaces down 26% MoM

TMX Group Limited (TSX: X) today announced April 2017 trading statistics for its marketplaces – Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange (Alpha), Montréal Exchange (MX) and NGX. All TMX Equities Marketplaces volume was down 26% from March 2017. Toronto Stock Exchange daily average volume was 334.7 million down 14.9% YoY. TSX Venture…

May 04, 2017 BY Valentina Kirilova

Euronext releases April volumes, best average daily transaction value since February 2016

Euronext, the pan-European exchange in the Eurozone, today announced trading volumes for April 2017. The April 2017 average daily transaction value on the Euronext cash order book stood at €8,458 million up 21.7% compared to April 2016 and up 14.4% from the previous month. April was the fourth consecutive month of volume increase and the…

UN report says North Korea laundered $2 billion theft via Hong Kong firm

May 04, 2017 BY Valentina Kirilova

CFTC charges Williams Advisory Group with receiving at least $13 million in commodity pool scheme

The U.S. Commodity Futures Trading Commission (CFTC) today announced the filing of a civil enforcement action in the U.S. District Court for the District of Arizona against Cory Williams of Gilbert, Arizona, and his company, Williams Advisory Group (WAG) (collectively, Defendants), charging them with defrauding 40 investors out of at least $13 million in connection…

Category: Financial Services