Category: Financial Services

tfx volumes
February 21, 2017 BY Valentina Kirilova

Tokyo Financial Exchange renames “Margin Contracts” as “Daily Futures Contracts”

Tokyo Financial Exchange (TFX) announced that in order to clarify its market as a listed derivatives market and avoid a misunderstanding as OTC products, the exchange has renamed its products from “Margin Contracts” to “Daily Futures Contracts”. There is no change on contract specifications. The products' names have been changed as follows: Present Rename Exchange…

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sfc warning
February 20, 2017 BY Valentina Kirilova

Hong Kong SFC adds Rubin Dunn 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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February 20, 2017 BY Valentina Kirilova

SIX Swiss Exchange welcomes new clearing provider EuroCCP

SIX Swiss Exchange announced that is enlarging its choice for Clearing Services and welcomes EuroCCP as third Central Counterparty (CCP) for the Swiss market. With the go-live of EuroCCP, the Swiss exchange strengthens its interoperability and caters even better to the needs of its clients. Both existing and potential trading participants benefit from an new…

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sfc warning
February 20, 2017 BY Valentina Kirilova

Hong Kong SFC adds Paragon Advisors 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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February 20, 2017 BY Valentina Kirilova

Former GRG Investments CEO convicted of unlicensed dealing

The Eastern Magistrates’ Court today convicted Mr Chiang Ching Fung, former chief executive officer of Gold Root Global Investments Limited (GRG Investments), of unlicensed dealing in futures contracts in a prosecution by the Securities and Futures Commission (SFC). This came after the conviction of GRG Investments in October last year of dealing in futures contracts…

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sfc warning
February 20, 2017 BY Valentina Kirilova

Hong Kong SFC adds DA Corporation Partners 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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SFC fines
February 20, 2017 BY Valentina Kirilova

Share Investing pays $130,000 in infringement notice penalty

Share Investing Limited has paid a penalty of $130,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (MDP). The MDP had reasonable grounds to believe that Share Investing had contravened subsection 798H(1) of the Corporations Act 2001 (Cth) by failing to comply with Rule 5.7.1(b)(iii) of the ASIC Market…

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