Category: Financial Services

SGX announces trading volumes
February 16, 2017 BY Valentina Kirilova

SGX welcomes Pacific Star Development Limited to Catalist

Singapore Exchange (SGX) today welcomed Pacific Star Development Limited to Catalist under the stock code 1C5. Pacific Star Development Limited is a Singapore-based premier property developer of award-winning mixed-used projects and prime residential developments in key gateway cities across ASEAN countries. Its projects on hand include Puteri Cove Residences and Quayside in Iskandar Malaysia, and…

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February 16, 2017 BY Valentina Kirilova

HKEX to introduce its first RMB currency options in March

Hong Kong Exchanges and Clearing Limited (HKEX) just announced that will introduce its planned Renminbi (RMB) Currency Options on Monday, 20 March 2017. The US dollar-Offshore RMB (USD/CNH) Options will be the first currency options traded at HKEX. The eight contract months on the launch day will comprise April, May, June, July, September and December…

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February 16, 2017 BY Valentina Kirilova

FCA finds new evidence on liquidity in the UK corporate bond market

Liquidity in the UK corporate bond market has declined recently but still seems relatively healthy, according to analysis by Felix Suntheim from our Chief Economist’s Department and Matthew Allan from the Financial Conduct Authority's Markets Policy Department. New data suggests there has been a decline in liquidity in the UK’s corporate bond market over the…

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February 15, 2017 BY Valentina Kirilova

TMX Group sells TMX Atrium to Intercontinental Exchange

TMX Group (TSX:X) today announced that it has sold the wireless and extranet infrastructure services business known as TMX Atrium to Intercontinental Exchange (ICE). The decision to enter into this transaction was made within the scope of TMX's ongoing strategic initiative to streamline its organizational structure and position the company to deliver profitable long-term growth.…

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February 15, 2017 BY Valentina Kirilova

BNP Paribas Easy launches six new smart beta ETFs on Xetra

Six new equity index funds issued by BNP Paribas Easy SICAV have been tradable via Xetra since Tuesday, Deutsche Börse just announced. The six new BNP Paribas Easy ETFs enable investors to participate in the performance of stock corporations domiciled in Europe or the US which are selected based on one of the following criteria:…

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February 15, 2017 BY Valentina Kirilova

Malta MFSA and Abu Dhabi regulator sign MoU for bilateral cooperation agreement

The Malta Financial Services Authority just announced that, on the 2nd February 2017, it successfully concluded and signed a Memorandum of Understanding with the Abu Dhabi Global Market Financials Services Regulatory Authority. The Memorandum of Understanding establishes a framework of bilateral cooperation between the two Authorities in the carrying out of their respective duties and…

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February 15, 2017 BY Valentina Kirilova

SIX Swiss Exchange SLS includes two additional European markets

The internationalization of the SIX Swiss Exchange Liquidnet Service (SLS) provides participants with more options for non-displayed trading SLS announced that, as of today, supports trading in both Italian and Norwegian equities. This extension adds over 400 shares to the universe of tradable instruments, and brings the total number of markets supported by SLS to…

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fma warning
February 15, 2017 BY Valentina Kirilova

New Zealand's FMA updates strategic risk outlook and sets course for new era in conduct regulation

The Financial Markets Authority just published its updated Strategic Risk Outlook (SRO). This is a foundation FMA document and sets out how the regulator identifies and prioritises the key risks to its overall objective of fair, efficient and transparent markets. In 2014, the FMA established seven strategic priorities to address the main risks and potential…

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MAS Monetary Authority of Singapore
February 15, 2017 BY Valentina Kirilova

Monetary Authority of Singapore announces faster approvals and lower requirements for venture capital managers

The Monetary Authority of Singapore (MAS) published a consultation paper proposing a simplified authorisation process and regulatory framework for managers of venture capital funds (VC managers). The move is part of MAS’ broader efforts to promote financing for enterprise development. VC managers are an essential component of the start-up eco-system. They provide capital and expertise…

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gold
February 15, 2017 BY Valentina Kirilova

Gold scam in the form of $4 million Ponzi scheme unveiled by CFTC

The U.S. Commodity Futures Trading Commission (CFTC) announced the filing of a federal civil enforcement action in Florida charging Defendants Carlos Javier Ramirez, Gold Chasers, Inc., and Royal Leisure International, Inc., all with last known addresses in Orlando, Florida, with misappropriating customer funds and engaging in fraudulent sales solicitations in connection with the purported purchase…

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