News Centre

Boutique Prime Broker Linear Investments To Use TFG Financial Systems For Real-Time Margin Reporting

Date 14/11/2016

Linear Investments, the FCA-approved boutique prime broker, has appointed TFG Financial Systems for the provision of real-time margin reporting. In addition, TFG will be adding its trademark real-time portfolio analytics to the Linear offering. This will be extended to Linear’s hedge fund clients, enabling them to carry out sophisticated pre-deal margin and impact risk assessments.

U.S. Justice Department: Former Autonomy CFO Charged With Wire Fraud - Defendant Allegedly Defrauded Hewlett-Packard Company In The Acquisition Of Autonomy For $11 Billion

Date 14/11/2016

A federal grand jury indicted Sushovan Hussain, 52, a citizen and resident of the United Kingdom, with conspiracy to commit wire fraud and multiple counts of wire fraud.  According to the indictment filed last Nov. 10, Hussain allegedly engaged in a scheme to defraud purchasers and sellers of securities of Autonomy Corporation plc (Autonomy) and Hewlett-Packard Company about the true performance of Autonomy’s business, its financial condition and its prospects for growth.

DTCC: Tax And Regulatory Differences, Operational Complexities Remain Challenges For RMB Internationalisation

Date 14/11/2016

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure provider for the global financial services industry, today released new research examining opportunities and challenges facing international financial services firms as the internationalisation of China’s currency, the renminbi (RMB), proceeds.

FINRA: Study Finds 1 In 3 Student Loan Holders With Payments Due Are Late With Payments And More Than Half Regret Their Borrowing - Data Shows Many Borrowers Don’t Understand Loans They Obtain

Date 14/11/2016

Nearly half of young Americans start their working lives with student debt, and 43 million Americans carry student loans. A new study by the Global Financial Literacy Excellence Center (GFLEC) at the George Washington University School of Business found that many borrowers are struggling to make student loan payments and regret their borrowing. 

TSX Ignite 2016 Live Event Series Wraps Up In Vancouver On November 15

Date 14/11/2016

Toronto Stock Exchange (TSX) and TSX Venture Exchange wrap up this year's TSX Ignite live event series in Vancouver tomorrow, November 15.

BM&FBOVESPA Market Holiday Tuesday November 15 - Black Consciousness Day - Municipal Holiday

Date 14/11/2016

There will be no trading and settlement on BM&FBOVESPA’s markets on Tuesday (November 15).

Nasdaq MarketSite To Become Broadcast Home To CNBC’s Flagship Morning Show “Squawk Box"

Date 14/11/2016

Nasdaq (Nasdaq:NDAQ) announced that CNBC's "Squawk Box" will broadcast from the Nasdaq MarketSite studio in Times Square, starting January 3, 2017, Monday - Friday at 6:00am EST.

SEC Issues $20 Million Whistleblower Award

Date 14/11/2016

The Securities and Exchange Commission today announced an award of more than $20 million to a whistleblower who promptly came forward with valuable information that enabled the SEC to move quickly and initiate an enforcement action against wrongdoers before they could squander the money.

EBA: Consultation On ITS Amending Implementing Regulation (EU) No 680/2014 With Regard To Operational Risk And Sovereign Exposures (EBA-CP-2016-20)

Date 14/11/2016

The European Banking Authority (EBA) published today for consultation revised Implementing Technical Standards (ITS) on supervisory reporting. The proposed amendments concern new requirements for the reporting of information on sovereign exposures and changed requirements for the reporting of operational risk data. The standards on supervisory reporting aim at collecting information on institutions’ compliance with prudential requirements in a consistent way and need to be updated whenever prudential or supervisory requirements change. This consultation runs until 7 January 2017.

DIFC To Host First Race Of 2017 Bloomberg Square Mile Relay Global Series

Date 14/11/2016

Dubai International Financial Centre (DIFC), the leading financial hub for the Middle East, Africa and South Asia, today announced that it will host the first race of the 2017 Bloomberg Square Mile Relay global series on Wednesday 8 February, when up to 1,000 runners from Dubai’s leading businesses will once again take on the ultimate corporate relay.