News Centre

ALTX East Africa Launches In Uganda

Date 13/07/2016

Today, ALTX East Africa Ltd goes live with its high tech exchange. The team led by CEO, Joseph Kitamirike has built the exchange since 2013, and spent most of the last eight months optimising their systems, aiming to deliver a world class securities exchange facility. The platform obtained regulatory approval in 2014 and depository approval was secured in 2015.

Ministry Of Finance And Abu Dhabi Global Market Sign MoU On The Automatic Exchange Of Information For Tax Purposes

Date 13/07/2016

The Ministry of Finance (MoF) and Abu Dhabi Global Market (ADGM) signed a Memorandum of Understanding (MoU) to establish a framework for Automatic Exchange of Information (AEoI ) on tax purpose and part of their commitment to uphold the Tax information Exchange and International Double Taxation agreements.

SIX Exchange Regulation: Delisting Kuoni Travel Holding Ltd, Zurich

Date 13/07/2016

On 14 June 2016, Kuoni Travel Holding Ltd, Zurich applied for the delisting of all of its registered shares with a par value of CHF 1.00 each (Swiss Security Number 350’485 / ISIN CH0003504856).

ICAP Plc - Trading Statement

Date 13/07/2016

• Positive momentum from investment in new products
• EBS BrokerTec wins contract to deliver technology to CFETS
• Transaction with Tullett Prebon on track to complete later this year

Bulgarian Stock Exchange-Sofia Main Market Summary June 2016

Date 13/07/2016

Click here to download the statistics for the market performance of the Bulgarian Stock Exchange in June, 2016.

First, Get Their Attention: David M. Rowe, Ph.D. President David M. Rowe Risk Advisory July 2016 - Brexit Will Clearly Lead To Short-Term Economic Turmoil Driven By Political Uncertainty - David Rowe Argues, However, That It Just Might Improve The Sustainability Of The European Union

Date 13/07/2016

There is an old American joke about a farmer selling a mule.  He says to a prospective buyer that the mule is a very good worker and is very cooperative but you have to treat it gently for best results. When the prospective buyer asks for a demonstration, the farmer walks over to the mule, takes a large stick and swats the mule beside the head. “Wait a minute,” says the buyer.  “I thought you said you have to treat it gently to get the best results.” “Of course,” says the farmer, “but first you have to get its attention.”

New Zealand's Financial Markets Authority: Changes Recommended To The FAA And FSPR Are Good For Consumer

Date 13/07/2016

The Financial Markets Authority welcomes the Minister of Commerce and Consumer Affairs, Paul Goldsmith’s recommendations on changes to two significant pieces of legislation for NZ’s financial markets. The Financial Advisers Act (FAA) and Financial Services Providers Act (FSPA) have been through a review process including extensive consultation for the past 18 months.

ASIC Consults On Remaking And Repealing Class Orders On Markets And Securities

Date 13/07/2016

ASIC has today released a consultation paper proposing to maintain markets and securities relief that ASIC has previously provided from certain obligations under the Corporations Act.

Metamako To Offer Enhanced Support Services In Australia With PRO IT Partnership

Date 13/07/2016

Metamako, the leading specialist in deterministic network devices for the world’s financial institutions, announced today that it has signed a partnership agreement with PRO IT for enhanced IT infrastructure support services across Australia. PRO IT is an Australian IT services provider with a unique focus on financial markets.

U.S. Justice Department Obtains Record Fine And Injunctive Relief Against Activist Investor For Violating Premerger Notification Requirements - ValueAct To Pay $11 Million For Investing In Halliburton And Baker Hughes Without Notifying Antitrust Authorities

Date 13/07/2016

The Department of Justice announced today that ValueAct has agreed to pay $11 million to settle allegations that certain ValueAct entities violated the reporting and waiting period requirements of the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the “HSR Act”).  As part of the settlement, ValueAct has also agreed to injunctive relief designed to prevent future violations.