MOEX and DCE announce new areas of cooperation in MOU LeapRate

March 27, 2017 BY Valentina Kirilova

MOEX and DCE announce new areas of cooperation in MOU

Moscow Exchange (MOEX) and Dalian Commodity Exchange (DCE) announced today that they have signed a Memorandum of Understanding (MOU), aimed at expanding the cooperation between the two exchanges in terms of information sharing, high-level visits, training and exchange programmes for staff, and other areas of business cooperation. Li Zhengqiang, Chairman of DCE, said during the…

March 27, 2017 BY Valentina Kirilova

Nasdaq announces mid-month open short interest positions in Nasdaq Stocks

At the end of the settlement date of March 15, 2017, short interest in 2,328 Nasdaq Global MarketSM securities totaled 7,352,374,802 shares compared with 7,280,848,100 shares in 2,345 Global Market issues reported for the prior settlement date of February 28, 2017, as announced by Nasdaq. The mid-March short interest represents 4.54 days average daily Nasdaq…

March 27, 2017 BY Valentina Kirilova

New Zealand's FMA releases Authorised Financial Advisers information

The Financial Markets Authority published its third statistical report on Authorised Financial Advisers (AFAs) in New Zealand. The FMA requires AFAs to submit an annual information return each year. The report uses the data from that questionnaire to provide a snapshot of the sector for the 12 month period ending June 30th 2016. It has…

Securities and Exchange Commission proposes Transaction Fee Pilot for NMS Stocks

March 27, 2017 BY Valentina Kirilova

Peruvian traders pay back all profits plus penalties in insider trading case

The Securities and Exchange Commission (SEC) announced that three Peruvian traders have agreed to settle a pending case alleging that they traded on nonpublic information prior to the merger of two mining companies. The SEC filed its complaint in September 2016, and the settlements were approved today in U.S. District Court for the Southern District…

March 27, 2017 BY Valentina Kirilova

CFTC staff provides relief associated with swap trade confirmations

The U.S. Commodity Futures Trading Commission's (CFTC) Division of Market Oversight (DMO) issued a no-action letter extending relief associated with swap trade confirmation requirements that previously was provided in CFTC Staff Letter 16-25, which expires March 31, 2017. The letter extends the relief until the effective date of any revised CFTC regulations regarding trade confirmation…

March 27, 2017 BY Valentina Kirilova

ASIC releases guidance on risk management systems of responsible entities

ASIC released Regulatory Guide RG 259 Risk Management systems of responsible entities to provide additional guidance to responsible entities on our expectations for compliance with their existing obligation under the Corporations Act 2001 to maintain adequate risk management systems. The guide is aimed at ensuring that the risk management systems of responsible entities, including minimum…

MOEX launches trading in sunflower seed futures

March 26, 2017 BY Valentina Kirilova

Ernst & Young affirms MOEX meets IOSCO benchmark principles

Moscow Exchange announced that it has successfully undergone an annual assurance review of compliance of the MOEX indices with the IOSCO Principles for Financial Benchmarks. Ernst & Young that had been engaged to complete the review affirmed that index management at Moscow Exchange met 19 IOSCO's principles, and provided reasonable assurance that the processes and…

March 26, 2017 BY Valentina Kirilova

FCA warns against Global Attorney Services Boston firm

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 Global Attorney Services Boston. Global Attorney Services Boston is not authorised by the FCA but has been targeting people in the UK and is also carrying…

March 24, 2017 BY Valentina Kirilova

AMF launches a public consultation on its policy to strengthen the framework for French ETFs

The Autorité des Marchés Financiers (AMF) announced that wants to update its policy to reflect the rapid growth in exchange-traded funds (ETFs) and is submitting three proposed amendments to public consultation. This consultation will remain open for a period of two months and will end on 24 May 2017. ETFs have experienced explosive growth in…

March 24, 2017 BY Valentina Kirilova

Aumann AG IPO on Frankfurt Stock Exchange

Aumann AG (ISIN: DE000A2DAM03) was listed in the Prime Standard of the Frankfurt Stock Exchange today, Deutsche Börse just announced. The placement volume of the company was around €250 million. The initial listing price was €48.20; the issue price €42.00. Berenberg, Citigroup and Hauck & Aufhäuser led the IPO. Berenberg is also the designated sponsor…

Category: Financial Services