Category: Financial Services

asic charges
November 06, 2017 BY Valentina Kirilova

Former stockbroker sentenced for dishonest use of clients funds

Mr Lewis Anthony Wright Fellowes, a former strockbroker from Perth, Western Australia, has been sentenced in the Brisbane District Court on dishonesty charges brought by ASIC, the Australian regulator informed earlier today. He had earlier pleaded guilty to one charge of dishonestly using his position with the intention of directly gaining an advantage for someone…

Read more
Melbourne Cup Day betting scams
November 06, 2017 BY LeapRate Staff

Australia consumer watchdog warns of sports investment and betting scams on Melbourne Cup Day

Australia's consumer watchdog Australian Competition and Consumer Commission (ACCC) has issued a warning for 'Punters' to watch out for betting and sports investment scams which falsely promise high odds and big returns on the annual Melbourne Cup Day. Melbourne Cup Day is Australia’s best known horse racing event, held on the first Tuesday of November every…

Read more
French AMF warns against unauthorized companies proposing atypical investments
November 03, 2017 BY Valentina Kirilova

French AMF consults on changes to its General Regulation in preparation for MiFID II

The French Autorité des Marchés Financiers (AMF) announced that it is holding a public consultation on changes to Books III and V of its General Regulation, which deal with investment services providers and market infrastructures respectively. This marks the final stage before implementation of the new framework for markets in financial instruments on 3 January…

Read more
November 03, 2017 BY Valentina Kirilova

TMX Group releases steady October trading statistics

TMX Group Limited (TSX:X) today announced October 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 volumes were up 3% compared to previous month. Toronto Stock Exchange volume was slightly down MoM. TSX Venture Exchange volumes went up…

Read more
November 03, 2017 BY Valentina Kirilova

Russia’s En+ Group lists on London Stock Exchange

London Stock Exchange announced that it today welcomes En+ Group, an international vertically integrated aluminium and power producer with core assets located in Russia, to its Main Market. The company raised $1.5 billion from the sale of new and existing shares to international investors, valuing the company at $8 billion. En+ Group is the largest…

Read more
November 03, 2017 BY Valentina Kirilova

SIX Swiss Exchange's trading turnover increases in October

The good autumn weather in Switzerland last month was mirrored in trading activity on SIX Swiss Exchange. In October, SIX Swiss Exchange posted increased trading turnover and transaction volumes across all trading segments. Trading turnover has risen significantly in the year to date, up 8.0% at CHF 1,129.7 billion. The increase was reflected in the…

Read more
Eurex enhances European ETF ecosystem with new product
November 03, 2017 BY Valentina Kirilova

Cboe welcomes new Exponential ETFs fund to ETF Marketplace

Cboe Global Markets, Inc. (NASDAQ: CBOE) has welcomed a new Exponential ETFs fund to the Cboe ETF Marketplace. The Reverse Cap Weighted U.S. Large Cap ETF (Cboe: RVRS) seeks to track the performance, before fees and expenses, of the Reverse Cap Weighted U.S. Large Cap Index (“Index”). The Index is a rules-based, reverse capitalization weighted…

Read more
Frankfurt Stock Exchange
November 03, 2017 BY Valentina Kirilova

Befesa S.A. listed on the Frankfurt Stock Exchange

Initial price: €28.00 / Metal recycler lists in the Prime Standard Befesa S.A. (ISIN: LU1704650164) was listed in the Prime Standard of the Frankfurt Stock Exchange today. The IPO admitted around 34 million shares to trading. The initial listing price was €28.00; the issue price was €28.00. Citigroup, Goldman Sachs International, J.P. Morgan, Berenberg, Commerzbank,…

Read more