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  • Consumer Credit Firms Must Raise Advertising Standards, Says UK's Financial Conduct Authority

    Date 16/05/2014

    Credit firms need to do more to ensure their adverts and promotions do not mislead potential customers. The findings come as Financial Conduct Authority (FCA) statistics show that one in five adverts from consumer credit firms, for products including payday loans, fell short of the FCA’s financial promotion expectations - although most firms were quick to make changes once the shortcomings were pointed out.

  • SIX Swiss Exchange: Shares Of HIAG Immobilien Holding AG (HIAG) Open At CHF 76.00

    Date 16/05/2014

    Today, the shares of HIAG Immobilien Holding AG (“HIAG Immobilien”) were traded for the first time under the “Standard for Real Estate Companies” of SIX Swiss Exchange, opening at CHF 76.00. This corresponds to a total market capitalization of around CHF 608 million.

  • Global Financial Markets Association Elects New Chair And CEO

    Date 16/05/2014

    The Global Financial Markets Association (GFMA), which represents the common interests of the world’s leading financial and capital market participants, announced a leadership transition as the terms of the current Chair and CEO expire. The appointments were approved at GFMA’s Board of Directors meeting in London.

  • UOB Becomes First Eurex Clearing Member In Asia - Extension Of Eurex Clearing’s Global Member Network - UOB Also To Actively Support Eurex/TAIFEX Link

    Date 16/05/2014

    Eurex Group, operator of Europe’s largest derivatives marketplace and leading clearing house and part of Deutsche Börse Group, welcomes United Overseas Bank Ltd. (UOB), Singapore, as a new member of Eurex Clearing. With today’s admission, UOB is the first Asian-based Eurex Clearing member. This allows UOB to clear business of Asian and international Eurex trading members and to provide the respective services to them.

  • Despite Concerns About High Frequency Trading, European Financial Industry Participants Have Not Changed How They Interact With Markets

    Date 16/05/2014

    ConvergEx Group, a leading provider of global brokerage and trading-related services, has released the results of its European Equity Market Structure Survey, exploring the concerns and actions of financial industry participants regarding high frequency trading (HFT), regulatory oversight and market stability. The survey found that less than a third (28%) of respondents believe that European equity markets are currently fair for all participants, and almost twice as many believe that HFT is harmful (28%) as believe it is helpful (14%). Despite these concerns, more than two-thirds (67%) report that they have not made any changes to the way they interact with markets.

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