London Stock Exchange today welcomes the AIM flotation of FreeAgent, a provider of cloud-based Software-as-a-Service accounting software and mobile applications designed specifically for UK micro-businesses. The Edinburgh-based company raised £10.7 million at IPO, with a market capitalisation of £34 million.
read more...London Stock Exchange Welcomes Edinburgh Fintech FreeAgent’s IPO
Japan's Financial Services Agency Assistant Commissioner For International Affairs Is Elected To The Position Of Vice Chairman Of The IAIS Executive Committee
On November 10 2016, Hiroshi Ota, Assistant Commissioner for International Affairs of the Financial Services Agency (FSA), was elected Vice Chairman of the Executive Committee of the International Association of Insurance Supervisors (IAIS) for a 2-year term at the IAIS Executive Committee meeting in Asuncion, Paraguay.
read more...HKEX: Listing Committee Chairman's Clarification On News Report Regarding The Joint Consultation Paper On Listing Regulation
Hong Kong Exchanges and Clearing Limited (HKEX) is issuing this statement on behalf of the Chairman of the Listing Committee of The Stock Exchange of Hong Kong Limited (the Exchange), a wholly-owned subsidiary of HKEX.
read more...European Parliament - Money Market Funds: Breakthrough Agreement Between MEPs And Slovak Presidency
An agreement on the EU money market funds regulation has been struck by the European Parliament, Council and Commission, after lengthy negotiations, more than three years after the Commission published the original proposal.
read more...Thomson Reuters Launches Thomson Reuters Pricing Evaluation Score - New Measure Provides Enhanced Transparency Into TRPS Evaluated Fixed Income Prices, Helps Customers Meet Increasingly Stringent Valuation And Reporting Rules
Thomson Reuters today announced the launch of the Thomson Reuters Pricing Service Evaluation Score (“TRPS Score”), a measure of the level of incorporated market color in any given TRPS evaluated price. The TRPS Score incorporates known information associated with an investment instrument’s evaluation, ranging from the level of available market data to the individual attributes of the issue, based on a measurement scale of 1 to 10, with 10 being the maximum score.
read more...IPC Launches Connexus Infrastructure Services - Augments Connexus Cloud With Private And Hybrid IaaS Capabilities Globally
IPC, a leading provider of secure, compliant communications and networking solutions for the financial markets community, today announced the launch of Connexus Infrastructure Services (CIS), a managed private and hybrid Infrastructure as a Service (IaaS) with global availability at premier colocation facilities. Powered by IPC's Connexus Cloud, CIS is part of IPC's Financial Markets Network, one of the industry's largest secure encrypted communications platforms connecting a community of over 200,000 users across 6,000 market participant locations in 700 cities.
read more...GAIN Capital launches ForeignExchange.com - ForeignExchange.com Is A New International Money Transfer Service
GAIN Capital Holdings, Inc. (NYSE: GCAP) today announced the Beta launch of ForeignExchange.com, its new international money transfer service, in the UK market. ForeignExchange.com meets the growing need for cheaper, easier and trusted online services for international money transfers.
read more...CFTC Staff Issues Results Of Supervisory Stress Test Of Clearinghouses
The Staff of the U.S. Commodity Futures Trading Commission (CFTC) today issued a report detailing the results of a supervisory stress test of major clearinghouses. The purpose of the analysis was to assess the impact of a hypothetical set of extreme but plausible market scenarios across multiple clearinghouses and their clearing members.
read more...Why Are Interest Rates Low? - Speech By Bank Of England Deputy Governor For Financial Stability, Sir Jon Cunliffe
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EBA Seeks Views On How To Review The Maturity Ladder For Liquidity Reporting
CBOE, C2 And CFE Trading Schedule For The Thanksgiving Day Holiday
CBOE Holdings, Inc. (NASDAQ: CBOE) today announced the following trading schedule for Chicago Board Options Exchange© (CBOE©), C2 Options Exchange (C2) and CBOE Futures Exchange (CFE©) in observance of the Thanksgiving Day holiday:
read more...EBA: Consultation On Amending ITS On Additional Monitoring Metrics For Liquidity (EBA-CP-2016-22)
Thomson Reuters To Present At The 2016 RBC Capital Markets TMT Deep Dive Conference
Jim Smith, president and chief executive officer of Thomson Reuters (TSX/NYSE: TRI), will present at the RBC Capital Markets TMT Deep Dive Conference in Toronto on Tuesday, November 29, 2016 at 11:00 a.m. ET. The presentation may include forward looking information.
read more...CFTC Division Of Market Oversight Reminds Market Participants Of The Upcoming Expiration Of Certain No-Action Relief From The Ownership And Control Final Rule
The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (Division) today reminds all participants in CFTC-regulated derivatives markets of the upcoming scheduled expiration of certain no-action relief associated with the Ownership and Control (OCR) Final Rule. Specifically, with the expiration of certain relief in CFTC Letter No. 16-32, certain electronic submission requirements for Forms 40/40S and 71 will commence on November 18, 2016, at 12:00 a.m. U.S. Eastern Time.
read more...Bats Europe Expands Reach Of New UK Indices - Bats’ Real-Time Benchmark UK Indices Now Available Via Leading Market Data Providers
Bats Europe (Bats), the region’s largest stock exchange operator, today announced that data for its UK-focused indices, which were launched this summer, is available via the following leading market data providers:
read more...Money Market Funds: Presidency And European Parliament Reach Agreement
On 14 November 2016, the presidency reached provisional agreement with representatives of the European Parliament on a draft regulation on money market funds (MMFs), aimed at making such products more robust.
read more...Examining The Dodd-Frank Act And The Future Of Financial Regulation, Rick A. Fleming, Investor Advocate, U.S. Securities And Exchange Commission[1], Keynote Address, University Of Maryland, Robert H. Smith School Of Business Center For Financial Policy, Nov. 16, 2016
Thank you, David [Lynn], for that kind introduction. I also want to thank Jim Allen and the sponsoring organizations for extending the invitation to speak, and to all of you for participating in this important discussion.
read more...Federal Court Orders IB Capital FX, LLC, Michel Geurkink, And Emad Echadi To Pay More Than $35 Million In Restitution And A Civil Penalty For Soliciting At Least $50 Million From Members Of The Public To Trade Forex, Without Being Registered With The CFTC
The U.S. Commodity Futures Trading Commission (CFTC) obtained a Consent Order against Defendants IB Capital FX, LLC (a/k/a IB Capital FX (NZ) LLP) d/b/a IB Capital (IB Capital), Michel Geurkink, and Emad Echadi, requiring them to pay, jointly and severally, $35 million in restitution to defrauded customers and a $420,000 civil monetary penalty for soliciting and accepting at least $50 million from approximately 1,850 customers in the United States and worldwide for off-exchange margined retail foreign currency (forex) trading, without being registered with the CFTC as is required.
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