UK 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 firm Ellis and Tate. Ellis and Tate is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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Moscow Exchange (MOEX) announced that on 5 October 2017 has signed a memorandum of understanding (MoU) with St. Petersburg International Mercantile Exchange (SPIMEX). Under the agreement, signed by MOEX CEO Alexander Afanasiev and SPIMEX President Alexey Rybnikov at Russian Energy Week 2017, the two organisations will work together to promote a regulated market for commodities…
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The European Securities and Markets Authority (ESMA) announced that has published a Briefing on the Legal Entity Identifier (LEI) as part of its efforts to raise industry awareness and facilitate compliance with the LEI requirements under MiFID II ahead of its 3 January 2018 launch. ESMA expects market participants to take all necessary steps to…
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Eurex Clearing, a part of Deutsche Börse Group, announced that has developed a partnership program designed to further accelerate the development of a liquid, EU based alternative for the clearing of interest rate swaps. Eurex Clearing has designed the program in close consultation with major participants in the interest rate swap market including dealers, end-clients…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Cedar Call. 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…
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In the remarks made to Fintech firms in Cambridge today, Andrew Hauser, Executive Director for Banking, Payments and Financial Resilience, reflected on the work of the Bank of England’s FinTech Accelerator since its launch in June 2016. Hauser also announced the firms the Accelerator would be working with in the latest cohort of proofs of…
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One day after releasing its September volumes, TMX Group (TSX:X) has announced its financing activity on Toronto Stock Exchange and TSX Venture Exchange for September 2017. Toronto Stock Exchange welcomed 17 new issuers in September 2017, compared with three in the previous month and 17 in September 2016. The new listings included 16 exchange traded…
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Biostage, Inc., a biotechnology company developing bioengineered organ implants to treat cancers and other life-threatening conditions of the esophagus, bronchus and trachea, announced today that the Company received written notification from The Nasdaq Stock Market LLC (NASDAQ) indicating that the NASDAQ Hearings Panel (the "Panel") has determined to delist the Company's common stock from The…
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The Stock Exchange of Hong Kong Limited (HKEX) announced that is going to cancel the listing of the shares of Qunxing Paper Holdings Company Limited (the Company) under the Listing Rules. In this regard, the Exchange requires that the Company must have remedied those matters which have rendered it unsuitable for listing by 6 November…
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Since launch in May 2017, Eurex, Europe’s largest derivatives exchange and part of Deutsche Börse Group, has seen its members readily embrace the six new iSTOXX Europe factor index futures. These are systematic rules-based indices, designed to isolate the return of key risk factors and earn a risk premium over time. With robust liquidity provider…
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