Since the Wirecard scandal blew up six weeks ago, CEO Markus Braun and other executives have been arrested. The company’s second in command and believed to be the mastermind behind the scandal Jan Marsalek, however, is still missing. He was thought to be hiding in the Philippines until recently but was discovered that immigration data…
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What to watch US employment report: The US employment numbers during the coronavirus crisis have been essential reading for updates on the health of the economy. The latest employment report is different from jobless numbers reported yesterday in that it counts the number of people actively employed rather than those who are claiming social security…
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NZX Executive Director for Markets Development & Clearing, Benjamin Phillips said the endorsement is important for the development strategy of NZX and its success as it will attract global participation in the markets and expand capacity and development of more direct connectivity to offshore capital flows. Phillips also stated that the collaboration will continue to…
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Bristol Myers Squibb: New York-based pharmaceutical company Bristol-Myers Squibb reports earnings on Thursday, the day after securing a patent win for it and Pfizer, which have a profit sharing agreement on a blood-thinning drug. A judge found that products made by multiple firms had infringed upon the patents. BMQ stock surged 5% in after-hours trading…
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Options’ Managing Director for APAC Jun Ashida, said: As a managed colocation and private cloud service provider, our offering gives clients a fully compliant institutional infrastructure, integrated with industry-leading technologies. This allows us to connect clients to both Asian and Global financial hubs for a seamless trading experience. We have worked closely with MAS (The…
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Equity Options Single stock options average daily contracts traded fell by 15% and index options average daily contracts by 32% on the pcp. Exchange-Traded Markets Participant margin balances held on balance sheet at month-end amounted to $13.0 billion, a 13% growth YoY, compared to $11.5 billion the previous year. Settlement The value of securities held…
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Alexandre Carteau, Head of MARKTS at TradingScreen said: Our integration with OSL Exchange is a key part of our ongoing drive to aggregate high-quality liquidity across the world. As the digital asset market continues to evolve across Asia, ensuring institutional investors can trade digital assets seamlessly regardless of location is imperative. OSL CEO Wayne Trench…
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ASIC Deputy Chair Daniel Crennan QC said: As a financial adviser Mr Miller ought to have protected the interests of his clients. His sentencing should send a strong message that such conduct will lead to individuals involved being brought before the court to face criminal charges. Miller was a financial adviser of CFS between 2013…
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EUROPEAN SHARES Shares opened mostly higher in Europe following strong bullish momentum from the Asian trading session on Tuesday. Yesterday’s reassuring manufacturing PMIs in Europe followed by positive data in the US combined with lower virus cases in some states, have lifted global market sentiment higher. In addition, the current risk appetite is also sustained…
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Earlier in May, HKEX signed a 10-year licensing agreement with MSCI to license a suite of MSCI indexes in Asia and Emerging Markets for the release of 37 futures and options contracts in Hong Kong. The agreement broadens the partnership further and anchors the two companies’ commitment to a long-term product development and innovation programme…
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