Euronext confirms departure of Maria João Carioca as CEO of Euronext Lisbon

Euronext today confirms that Maria João Carioca, CEO of Euronext Lisbon and member of the Managing Board of Euronext, has resigned after being asked by the Government of Portugal to join the Management Board of Caixa Geral de Depósitos. She has accepted the offer,...

ASIC imposes licence condition on OpenMarkets Australia Limited

ASIC has imposed additional conditions on the Australian financial services licence of OpenMarkets Australia Limited (OpenMarkets). This action follows surveillance activities which identified concerns in OpenMarkets': arrangements for identifying and preventing potential market misconduct (for example, inadequate automated filters in its automated order processing (AOP)...

SEC Names Dr. Narahari Phatak Associate Director for Policy in the Division of Economic and Risk Analysis

The Securities and Exchange Commission today announced that Dr. Narahari Phatak has been named Associate Director for Policy in the Division of Economic and Risk Analysis (DERA). As Associate Director, Dr. Phatak will direct the development of economic analyses to support the Commission’s rulemaking and...

SEC Files Charges in $26 Million Stock Manipulation Scheme

The Securities and Exchange Commission today charged two New Jersey-based traders with manipulating more than 2,000 NYSE- and NASDAQ-traded stocks and reaping more than $26 million in profits from their successful trades. The SEC alleges that Joseph Taub and Elazar Shmalo utilized dozens of accounts...

Broadridge Expands Presence in Asia with New Singapore Office and Senior Appointment

Broadridge Financial Solutions, Inc. (NYSE: BR), a leading provider of technology and operations, communications and data and analytics solutions for financial services firms, has significantly expanded its on-the-ground presence in the region, affirming its commitment to the Asian market. Last month, Broadridge moved to its...

BCSC Warning: 72Option, owned and operated by Epic Ventures Ltd.

72Option claims to be a binary options trading brokerage based in Sofia, Bulgaria, and offers an online binary options trading platform. A binary option is a type of option whose payout depends on whether the underlying asset (such as a stock, a commodity, a currency...

CME Group Announces New Senior Management Positions

CME Group today announced that it has appointed Julie Winkler and Kim Taylor to new roles on its management team. Winkler, a 20-year veteran of CME Group, will serve as the company's Chief Commercial Officer, overseeing sales, product marketing, research and data analysis functions as...

SEC Awards Nearly $1 Million to Whistleblower

The Securities and Exchange Commission today announced an award of more than $900,000 to a whistleblower whose tip enabled the SEC to bring multiple enforcement actions against wrongdoers. “With the issuance of this second award in less than one week, we hope to continue to...

SFC welcomes appointment of Non-Executive Director

The Securities and Futures Commission (SFC) welcomes the appointment by the Financial Secretary of Mr Edward Cheng Wai-Sun as a Non-Executive Director for a term of two years with effect from 1 January 2017. "I would like to extend a warm welcome to Mr Cheng...

CMC MARKETS PLC Response to BaFin Consultation Paper

CMC Markets plc ("CMC") notes yesterday’s announcement by BaFin regarding the marketing, distribution and sale of CFD products to retail clients. The BaFin consultation paper requires CFD providers to ensure that retail clients cannot lose more money than is deposited in their account, a functionality...

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