News Centre

ESMA Reports On NCAs’ Use Of Sanctions And Administrative Measures Under MAR

Date 15/11/2018

The European Securities and Markets Authority (ESMA) has published today its first annual report concerning administrative and criminal sanctions as well as other administrative measures issued by National Competent Authorities (NCAs) under the Market Abuse Regulation (MAR).

LCH Receives Licence To Clear FX NDFs In Japan

Date 15/11/2018

• Japanese Financial Services Agency approves LCH Ltd to clear FX Non-Deliverable Forwards for Japanese banks and clients
• Builds on existing LCH licence to clear non-Yen OTC interest rate derivatives
• Underlines LCH’s continued commitment to the Japanese market

big xyt Liquidity Cockpit Delivers Insight On Systematic Internalisers - Analytics Platform Introduces New Dashboard To Interrogate SI Component Volumes

Date 15/11/2018

big xyt, the independent provider of high-volume, smart data and analytics capabilities is pleased to announce further client driven enhancements to its Liquidity Cockpit.

Al Mawared Brokerage's Company Highlights On Jordan Express Tourist Transport

Date 15/11/2018

Click here to download Al Mawared Brokerage's Company Highlights on Jordan Express Tourist Transport.

DriveWealth And Trading Central Announce Strategic Partnership-Relationship Pairs Straightforward Digital Investing Experience With Actionable Financial Content

Date 15/11/2018

DriveWealth, LLC<https://drivewealth.com/>, a leader in global digital trading technology, today announced a strategic partnership with Trading Central<https://www.tradingcentral.com/>, a global leader of financial market research and investment analytics.  The new relationship will allow the two companies to leverage the complementary elements of their businesses:  seamless, digital, mobile-first transaction capabilities and sophisticated, accessible and actionable financial content.

DriveWealth CEO Robert Cortright said:  "We are creating an exciting opportunity for investors and financial advisors around the world by putting together relevant financial content that drives investment decisions with a seamless digital investing experience and state-of-the-art execution capabilities.  Working with Trading Central allows us to bring a complete investment solution to a wide range of market participants."

Julien Heiderscheid, Global Solutions Director at Trading Central, said:  "At Trading Central, we've spent the last 20 years dedicated to empowering investors by providing them actionable analytics and research through the world's leading online brokerage and media platforms.  DriveWealth's disruptive technology is a natural complement to these goals. We are excited to announce our new partnership, in the spirit of helping even more of today's investors participate in financial markets."

With customers and partners in more than 140 countries, DriveWealth is the pioneer in bringing digital access to the U.S. securities market for investors around the world.  The company, which launched its patent-pending real-time fractional share trading capabilities in 2016, was founded with the mission to democratize investing in the U.S. stock market by making it available to everyone, globally, at an affordable cost. Feature by feature, DriveWealth has eliminated many of the barriers investors typically encounter with legacy brokers, creating its own proprietary infrastructure that allows investors to purchase securities without minimum account balances, high transaction costs or full share quantities. Today, DriveWealth provides this innovative investing technology and its own customizable suite of application programming interfaces (APIs) to partners all over the world, allowing investors everywhere to gain access to the highly stable, liquid and regulated U.S. stock market with a fully accessible, straightforward user experience

ADX Achieves 97% In Disclosure Compliance Of 3rd Quarter 2018 Financial Statements - An Increase Of 1.59% In Publicly Listed Companies Profits In Comparison To The Same Period In 2017

Date 15/11/2018

Abu Dhabi Securities Exchange (ADX) announced that it has succeeded in achieving a compliance rate of 97% regarding the disclosure of the 3rd quarter financial statements of its listed public joint stock companies within the deadline of 45 days from the end of the financial period 30th of September 2018.

MSCI Delivers Executive Briefing On Market Classification At Nasdaq Dubai MarketSite - Seminar Focused On Strong Competition For Investors’ Capital

Date 15/11/2018

MSCI, a global provider of research-based indexes and analytics, has delivered an Executive Briefing at Nasdaq Dubai MarketSite on the implications of market classification for investors.   

Comment By JCRA On Sterling's Slide Following The Resignation Of Dominic Raab, UK’s Secretary Of State For Exiting The European Union

Date 15/11/2018

Commenting on the fall in Sterling following the resignation of Dominic Raab, Secretary of State for Exiting the European Union, Andy Scott, Associate Director at JCRA, the independent financial risk management consultancy, said: “The announcement caught the market by surprise after Theresa May announced yesterday evening that the Cabinet supported the deal, which she said was in the country’s best interest. His resignation has led to at least a handful of other cabinet ministers and junior ministers following suit."

Fidessa Regulatory Expert Welcomes ESMA Period Auctions Review: It Is About Time, By Christian Voigt

Date 15/11/2018

Last Friday, ESMA finally published its long anticipated call for evidence on periodic auctions. Periodic auctions became popular in 2017 and even more so through 2018 and so they are often linked to the introduction of MiFID II. While some opponents lambasted them as a cynical attempt to avoid the double volume cap, supporters have pointed out their innovative approach to fulfilling a real need amongst market participants while still being fully MiFID II compliant. But it seems like the market has voted with its feet and significant volumes have shifted over to periodic auctions.

BCS Global Markets Obtains Transaction Banking License To Develop Integrated Payment And Investment Model - Plans To Develop An Advanced Global Payments Service Will Complement The Firm’s Growing International Expansion

Date 15/11/2018

The London-based business of BCS Global Markets (“BCS GM”) has obtained a transaction banking license to provide clients with an integrated investment banking and payment services solution. The platform will combine various new technologies with an innovative payment interface and enhanced fraud protection and will be led by Dr Evgeny Kunts.