In the first six months of the year, there have been significantly more IPOs and listings of new exchange-traded funds (ETFs) on the cash markets of Deutsche Börse than in previous years. Trading volumes on the platforms Xetra, Börse Frankfurt and Tradegate Exchange were also significantly higher than in previous years; in the first six…
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Dubai International Financial Centre (DIFC), the international financial hub in the Middle East, Africa and South Asia (MEASA) region, has announced that it has signed a Memorandum of Understanding (MoU) with Finance Innovation, France’s official innovation cluster for the financial industry, based in Paris. The collaboration will support the development of the FinTech ecosystem in…
Read moreThe Hong Kong Securities and Futures Commission (SFC) has shared its support of the proposals in the Stock Exchange of Hong Kong Limited’s (Exchange) consultation paper published today relating to backdoor listings and shell activities. These proposals are part of a series of initiatives to address concerns about problematic corporate and market conduct and represent…
Read moreDeutsche Börse Cash Market has just announced that AKASOL AG (ISIN: DE000A2JNWZ9 ) was listed today in the Prime Standard of the Frankfurt Stock Exchange. The shares of the Darmstadt-based battery manufacturer started trading at €48.80 after an issue price of €48.50 Euro. This takes the current number of IPOs in Frankfurt since the beginning…
Read moreThe UK Financial Conduct Authority (FCA) has put out details of the cloned firm CFD Royal. 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…
Read moreUK 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 company UK Loans Ltd. UK Loans Ltd. is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
Read moreOn 28 June 2018, ASIC accepted a Court Enforceable Undertaking from Melbourne-based Dover Financial Advisers Pty Ltd and its sole director, Mr Terry McMaster. Mr McMaster is named as the Key Person on Dover’s AFS License (AFSL). Under the terms of the Court Enforceable Undertaking, Dover will cease operating its financial services business by 6…
Read moreThe UK Financial Conduct Authority (FCA) has put out details of the cloned firm Nomura and Partners. 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…
Read moreTOCOM, The Tokyo Commodity Exchange, has announced that Japanese commodity brokers are going to introduce Tradency RoboX for commodity futures. Four Japanese commodity brokers are already preparing for introduction. Several companies are planning introduction. The commodity futures version RoboX service is planned to be offered this fall. The Tokyo Commodity Exchange(TOCOM) shared its belief that…
Read moreThe Board of the Cyprus Securities and Exchange Commission (CySEC) has informed the public that, at the meeting held on 5th March 2018, decided to impose an administrative fine of €50.000 to Karkotis Manufacturing & Trading Public Ltd for violation of section 130 of The Cyprus Securities and Cyprus Stock Exchange Laws (L.14(I)/1993). The company…
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