CySEC Changes Examination Rules
The Cyprus Securities and Exchange Commission (the ‘Commission’) wishes to inform all interested parties, that, it decided to suspend the ‘fast track’ examination scheme (the ‘Scheme’) for the examination of applications for authorisation.
The Commission reached the relevant decision due to the exceedingly large number...
Football INDEX partners with Gold-i to offer ‘football trading’ on MetaTrader
Football INDEX has formed an exclusive partnership with Gold-i to create a new and highly innovative ‘tradeable market’ in football for the MetaTrader 4 and MetaTrader 5 trading platforms.
Launching in Q2 2017, ‘football traders’ using MetaTrader will be able to buy or sell futures...
IG Group Holdings plc – IGG Interim Results for the six months ended 30 Nov 16
IG Group Holdings plc ("IG", "the Group", "the Company"), a global leader in online trading, today announces results for the six months ended 30 November 2016.
Financial Summary
· Net trading revenue(1) up 14% at £244.9 million
· Operating expenses up 23%, with significant investment in effective...
Commission Statement on T+2 Implementation
Last week, on September 5, 2017, the securities industry successfully implemented a shortened settlement cycle for most securities transactions, pursuant to amendments to Rule 15c6-1 that the Commission adopted earlier this year. The move to a two business day standard settlement cycle – or...
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)...
XTB Leaves Turkey!
In relation to current report no. 5/2017 regarding information on possible limitation of XTB Capital Group’s operations on the Turkish market, the Management Board of X-Trade Brokers Dom Maklerski S.A. (the „Issuer”, ”Company”, “XTB”) hereby announces that on 18 May 2017 detailed analysis of...
GPW and SII Join Forces in Support of Individual Investors
On 31 May 2017, on the GPW Trading Floor, representatives of the Warsaw Stock Exchange and the Association of Individual Investors have signed a co-operation agreement in support of individual investors.
The agreement provides for joint initiatives to activate individual investors on the...
ASIC updates licence conditions on OpenMarkets Australia Limited
ASIC and OpenMarkets Australia Limited (OpenMarkets) have agreed for an independent expert to monitor, evaluate and report on OpenMarkets' implementation of recommendations arising from an independent review of its trading and compliance arrangements.
The independent expert completed their review of OpenMarkets’ trading and compliance arrangements...
SEC, MSRB, FINRA to Hold Compliance Outreach Program for Municipal Advisors
The Securities and Exchange Commission, Municipal Securities Rulemaking Board (MSRB), and Financial Industry Regulatory Authority (FINRA) today announced the opening of registration for the Compliance Outreach Program for Municipal Advisors.
There is no cost to attend the program, which provides an open forum for municipal...
HSBC settles foreign exchange investigation with the US Department of Justice
HSBC Holdings plc has entered into a three-year deferred prosecution agreement with the US Department of Justice (DoJ) to resolve the DoJ’s investigation into HSBC’s historical foreign exchange sales and trading activities within its Global Markets business.
Under the agreement, HSBC will pay a total...
