Euronext announced yesterday that Øivind Amundsen was appointed as CEO of Oslo Børs VPS Holding and Oslo Børs. Amundsen’s nomination is approved by the Boards of Oslo Børs VPS Holding ASA and Oslo Børs ASA. Amundsen has been with Oslo Børs since 2010 as head of the legal department and Executive Vice President of Primary…
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The Australian Securities and Investment Commission (ASIC) has imposed new conditions on the Australian financial services (AFS) licence of BGC Securities Australia (BGC) to ensure that BGC’s disposition can accommodate compliance with obligations related to fixed income solutions business. The additional conditions instruct the appointment of an independent expert for review and assessment of BGC’s…
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The Financial Conduct Authority (FCA) publish today guidelines for financial services firms as Brexit is looming over. On 31 January at 11pm the UK is set to leave the European Union (EU). The FCA informs that the implementation period ends on 31 December 2020, until then EU law will continue to apply. UK firms and…
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FX expert Marshall Gittler was appointed as the new Head of Investment Research at BDSwiss. Gittler will be joining an already established team of financial analysts to further enhance the existing suite of resources wile leading the new Research & Analysis portal. Gittler is a renowned financial analyst with three decades of experience in financial…
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As cases of the new coronavirus, 2019-nCoV, have exceeded 5,000 in China, many fear the economic impact. Just weeks after the tenuous truce the US and China achieved, the outbreak has put the already slowing Chinese economy in jeopardy, threatening to have global repercussions. The disease originated in the center of China and has already…
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Cloud communications service provider Cloud 9 Technologies (Cloud 9) and AI conversational analytics platform GreenKey Technologies (GK) announced yesterday their collaboration in producing a more efficient and secure extraction of voice trading data. The innovative solution will incorporate Cloud9’s C9 Trader voice collaboration platform, GK’s speech recognition (ASR) and natural language processing (NLP) engine with…
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The Cyprus Securities and Exchange Commission (CySEC) issued a warning yesterday of fraudulent messages sent by City Group Italy Banking Group. The company uses the logo of CySEC and claims to have been authorized by the Italian supervisory authority (CONSOB) to recover investments lost in online trading under “Investor Compensation Fund” act. The content of…
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Digital currencies and distributed ledger technologies (DLT) have been faced with continuous change and fluctuation in their legislative environment in recent years, Forbes reports. Electronic money was not always as popular as it is today upheld only technologists and Libertarian in the beginning. This changed as cryptocurrencies and blockchain technology spiked interest and powered up…
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The fintech company, part of the S&P 500 Index, Broadridge Financial Solutions, announced today its decision to appoint Michael Alexander as President of Wealth Management. The position is newly created and Alexander’s responsibility will be to consolidate Broadridge’s Wealth solutions into integrated, Wealth Management business leader. Alexander will report directly to the President of Global…
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With Brexit deadline afoot this week, London is losing trust even further as a most important financial center. The declining trust is also strengthened by the latest findings in Global Regulatory Outlook (GRO) report of the global advisors Duff & Phelps. Just 34% of senior executives put London as the world’s preeminent financial hub, 20%…
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