Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. This time Hong Kong has added…
Read moreBrexit-related uncertainty, effects of a low interest rate environment, risk of a sharp re-pricing of assets, structural changes in markets: the AMF has drawn up a mid-2016 current state assessment of the main risks to markets, retail investment, collective investment and the financing of the economy. The AMF has published its tenth risk mapping in…
Read moreLong-time Chief Operating Officer Kevin Turner is preparing to leave Microsoft, therefore the company’s Chief Executive Officer Satya Nadella has revealed that a broad reshape of the senior executive ranks is going to be made. Instead of naming one new COO, Nadella appointed two executives to divvy up the sales responsibilities and report to him.…
Read moreThe European Securities and Markets Authority (ESMA) has today issued an opinion regarding the exemption of a Swedish pension scheme from the obligation to centrally clear OTC derivative contracts under the European Market Infrastructure Regulation (EMIR). Pension scheme arrangements meeting certain criteria were granted a transitional exemption from the clearing obligation under EMIR. Some pensions…
Read moreWhat happened to the shares and riskiest securities of European banks after Britain’s disturbing vote to leave the European Union – they plunged. So far the crisis is felt mostly in Italy. Why did this happen to Italy? Italian banks are saddled with about $400 billion of bad loans and lack the financial reserves to…
Read moreDFMarkets is expanding its trading instrument selection by adding several new Еquity CFDs to all versions of the DFTrader platform (desktop, web, mobile), starting July 7. Here’s the list of them: JP Shares: Symbol Sumco Corp SUMCO Yokohama Rubber Co Ltd YOKOHAMA US Shares: Symbol Eastman Chemical Company EMN GrubHub GRUB EU ETFs: Symbol European Low…
Read moreSocial finance community StockTwits, Inc. has announced today that it has named Ian Rosen as Chief Executive Officer, effective July 6th, 2016. Howard Lindzon will assume the role of Executive Chairman, and will continue to serve as Chairman of StockTwits' board. Here's what Lindzon commented about the news: Ian's strong experience and passion for the…
Read moreRegulatory reporting specialist Abide Financial and real-time data analytics company Corvil today announced a partnership to deliver end-to-end transaction reporting and reconciliation solutions to meet increasingly complex international regulations. The partnership enables reporting parties in UK, Europe, US, Canada, Australia and other jurisdictions to reduce risk and achieve faster, more accurate compliance with current and evolving…
Read moreEBS BrokerTec, ICAP's electronic foreign exchange (FX) and fixed income business and ICAP Information Services (IIS), the information division of ICAP, have announced today that they have launched the ‘EBS CNH Benchmark’, the first fully electronic, trade-backed reference rate for the offshore Chinese renminbi (CNH) market. The benchmark has been launched following considerable interest from…
Read moreFXPRIMUS indicators and events for July 7 include UK industrial production, ECB meeting minutes, Japan trade figures. Here's a list of all the upcoming economic indicators and events for today: We can’t get away from focusing on the UK as today we get the UK industrial & manufacturing production figures for May. The figures are…
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