Integrated Asset Management Corp. (TSX:IAM) announced the closing on February 1, 2018 of a $7,600,000 senior term loan to Wolverine Management Services Inc. This financing represents IAM’s third transaction with Wolverine, following the initial loan in July 2016 and the second loan in June 2017. The capital will be used to fund the acquisition of…
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Business finance company MarketInvoice announced that it has established a partnership with Euler Hermes, trade-credit insurance company, which will provide credit insurance policies to customers of MarketInvoice in safeguarding their businesses. With Euler Hermes credit insurance, MarketInvoice customers who use invoice finance solutions will have the assurance that they are protected in the event their…
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Virtu Financial, Inc. (NASDAQ: VIRT), a technology-enabled market maker and liquidity provider to the global financial markets, has today reported results for the fourth quarter and the full year ended December 31, 2017. Fourth Quarter and Full Year Selected Highlights Fourth Quarter 2017: Net income of $47.8 million, Normalized Adjusted Net Income* of $41.4 million…
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ULLINK, a global provider of electronic trading and connectivity solutions to the financial community, announced that it has extended its successful partnership with LiquidMetrix to deliver MiFID II best execution reporting to multiple European Sell-Side clients. The solution, UL PUBLISHER for Best Execution, teams ULLINK’s fully-automated, post-trade data management hub with the LiquidMetrix Workstation for…
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The AMF announced that it is launching an annual study to gain a better understanding of the behaviour and opinions of retail investors. The first edition of this Survey , which is the most complete overview of the market with regard to savers’ decisions and objectives, in particular measures their appetite for the Stock Market…
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FTSE Russell, the global index provider, has introduced the FTSE All-World ex Australia Net Tax (Super) Index Series which is designed to support the superannuation industry’s focus towards greater transparency and more accurate measurement of performance. The index series calculates net returns for global equities after deducting both capital gains tax and withholding tax. Capital…
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Nasdaq, Inc. (NASDAQ:NDAQ) just announced it is relocating its global headquarters from downtown Manhattan to its current Nasdaq MarketSite location at The Durst Organization’s 4 Times Square. Highlights of the new agreement include the following: The deal with The Durst Organization more than quintuples Nasdaq’s existing footprint at the property. The 10th floor will be…
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The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, today announced the initiation and development of an electronic-Know-Your-Customer (e-KYC) utility in close collaboration with a key team of the UAE’s largest financial institutions. This initiative follows the first Regional Regulators’ Roundtable for MENA regulators hosted…
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Yesterday the Bank of England has issued Statements of Commitment to the FX Global Code, the UK Money Markets Code and Global Precious Metals Code (the “Codes”). By issuing these Statements of Commitment, the Bank is demonstrating that it is committed to adhering to the principles of these Codes when acting as a market participant…
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NEX Regulatory Reporting announced today that it has partnered with Delta Capita, an international business and technology consulting provider, who will offer specialist advice to clients ahead of the Securities Financing Transactions Regulation (SFTR) coming into effect. Delta Capita’s Securities Finance and Collateral Management Practice has successfully helped tier-one banks and large buy-side clients with…
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