SGX reports 1Q FY2017 net profit of $83 million

1Q FY2017 Financial Summary Revenue: $191 million, down 13% from a year earlier Operating profit: $97 million, down 17% Net profit: $83 million, down 16% Earnings per share: 7.8 cents, down 16% Interim dividend per share: 5 cents, unchanged Singapore Exchange (SGX) today reported net...

GMO published preliminary Q2 results. Revenues down 10.8%!

GMO CLICK Holdings, Inc. today released the following preliminary consolidated financial results for the Second Quarter of the Fiscal year ending March 31, 2017. Official financial results announcement is scheduled on October 25, 2016. Preliminary Consolidated Financial Results for the Second Quarter of the Fiscal...

SC Files Civil Suit Against Dato’ Sreesanthan Eliathamby for Insider Trading

Securities Commission Malaysia (SC) has filed a civil suit at the Kuala Lumpur High Court against Dato’ Sreesanthan Eliathamby for insider trading involving the shares of Worldwide Holdings Bhd (Worldwide). In the claim filed on 12 October 2016,  SC claimed that Dato’ Sreesanthan had breached...

Shanghai Futures Exchange Launches New Market Surveillance Platform Powered by Nasdaq’s SMARTS

Nasdaq (Nasdaq:NDAQ) have officially announced that Shanghai Futures Exchange (SHFE), one of the world’s largest futures markets, has launched a new market surveillance platform powered by SMARTS, Nasdaq’s flagship surveillance solution. “We are truly honored to be working with Shanghai Futures Exchange on their market surveillance efforts...

FINRA Fines Merrill Lynch $2.8 Million for Systemic Reporting, Books and Records, and Related Supervisory Violations

The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Merrill Lynch, Pierce, Fenner and Smith Inc. $2.8 million for systemic trade reporting, Order Audit Trail System (OATS) reporting, books and records, and related supervisory violations that occurred over a period of...

LMAX Exchange will seek regulation in Ireland unless the UK government preserves the single market access for the capital markets industry

LMAX Exchange, one of UK’s fastest growing technology firms and the leading FCA regulated MTF for FX trading, plans to be regulated in Ireland unless the British government preserves the EU single market passporting rights for the financial services industry. The UK is the world’s...

Another CIF Renounced Its CySEC Authorisation

The Cyprus Securities and Exchange Commission (‘CySEC’) announces that, on 10 October 2016, the CIF Glistentree Holdings Ltd (the ‘Company’), which provided investment services via the domain www.icetrader.com, renounced its authorisation pursuant to section 24(1)(b) of the Investment Services and Activities and Regulated Markets Law of 2007, as...

Orbex and Nour Al-Hammoury Announce a New Educational Partnership

Orbex, an innovative leader in online forex trading, alongside with a world-renowned market strategist and analyst, Nour Eldeen Al-Hammoury, has recently announced a launch of the new educational partnership, meant to add a new dimension to traders’ learning experience, expand the scope of the...

Advanced Markets and Fortex Inc. appoint Nidal Abdel Hadi as a Managing Director

Advanced Markets LLC, the leading institutional liquidity provider and prime of prime, and Fortex Inc., the pace-setting FX technology company, are pleased to announce the appointment of Nidal Abdel Hadi as Managing Director of their Middle East and North Africa (MENA) operations and business...

Liquidity From The Global Broker Alpari Is Now Available To Metatrader 5 Institutional Clients

MetaQuotes Software Corp. has announced the integration of the MetaTrader 5 platform with broker company Alpari — one of the global leaders in the Forex brokerage industry. Alpari has been added to the pool of liquidity providers for MetaTrader 5, offering quotes for 44...

GOOD TO KNOW!

RECENT ARTICLES