Category: Financial Services

WFE launches new website & members’ portal
February 22, 2017 BY Valentina Kirilova

World Federation of Exchanges publishes report into SME financing & equity markets

The World Federation of Exchanges (WFE), which represents more than 200 market infrastructure providers including exchanges and CCPs, published a report into exchanged-based financing of Small and Medium Enterprises (SMEs), aimed at identifying globally-consistent barriers and opportunities for enhancing SME access to equity finance. As significant employers and potential contributors to global economic development, the…

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STOXX Low Carbon products licensed to Italian bank IMI
February 22, 2017 BY Valentina Kirilova

Deutsche Boerse STOXX expands fixed income offering

STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, today introduced the EURO STOXX 50 Corporate Bond Sector, Rating and Maturity Bucket Sub-Indices. They expand the EURO STOXX 50 Corporate Bond Index, which was launched in April and is the fixed income equivalent of…

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UN report says North Korea laundered $2 billion theft via Hong Kong firm
February 22, 2017 BY Valentina Kirilova

Ex-Forex traders in Singapore jailed for cheating banks

Two former currency traders from Deutsche Bank AG and HSBC Holdings Plc were sentenced to jail terms of as long as 15 weeks for cheating the banks by making false trades, Bloomberg reported earlier today. Former HSBC senior dealer Ivan Chng was sentenced to 15 weeks in jail, Singapore High Court Justice See Kee Oon…

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February 22, 2017 BY Valentina Kirilova

Canada's Joint Serious Offences Team makes first arrest in fight against financial crime

The Alberta Securities Commission (ASC) and the Alberta RCMP announced that Neil Andrew McDonald of Calgary has been charged with alleged breaches of the Criminal Code following an investigation by the Joint Serious Offences Team (JSOT) in Alberta. McDonald has been criminally charged with seven counts of fraud over $5,000 contrary to section 380(1)(a), one…

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February 22, 2017 BY LeapRate Staff

Regulatory reporting specialist Abide Financial applies for ARM and APA status ahead of MiFID II

Regulatory reporting services provider Abide Financial has announced that it has applied to become an Approved Publication Arrangement (APA) and Approved Reporting Mechanism (ARM) in order to provide enhanced MiFID II (Market in Financial Instruments Directive) services leading up to enhanced scope enforcement in January 2018. Abide Financial is a unit of NEX Group PLC (LON:NXG). NEX…

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February 22, 2017 BY admin

XTX Markets joins Aquis Exchange as a member firm

XTX Markets, a leading electronic trading firm providing liquidity in the FX/Commodity/Equity/Derivatives markets, today stated that it has become a member of Aquis Exchange. Aquis Exchange is authorized and regulated by the UK Financial Conduct Authority (FCA) as the operator of a Multilateral Trading Facility (MTF). Commenting on the membership Andonis Sakatis, Head of Business…

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February 21, 2017 BY Valentina Kirilova

Euronext launches Europe's first index dedicated to family businesses

Euronext, the pan-European exchange, announced the launch of Euronext Family Business, the first European index dedicated to family businesses, designed to highlight the performance of 90 family companies listed in the four countries covered by Euronext. Components of the Euronext® Family Business Index are selected from listed companies in compartments A, B and C of…

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sfc warning
February 21, 2017 BY Valentina Kirilova

Hong Kong SFC adds Ono Ventures to its alert list

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. Added to the SFC Alert List…

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