News Centre

Duco Cube Wins FOW International Award For Best New Product – Trade Reconciliation For Second Year Running

Date 09/12/2015

Duco, a London-based fintech provider of hosted reconciliation services, announced that the firm, for the second year running, has won the FOW International Award for "Best New Technology Product – Trade Reconciliation" for its Duco Cube platform. FOW, the leading news and data service for the global futures and options industry, bestowed the award last night at its International Awards Dinner that closed the FOW Derivatives World London conference.

BME: OpenFinance Signs Agreement With Aldesa Corporación And Breaks Into Costa Rica

Date 09/12/2015

OpenFinance, a BME subsidiary specialising in the development and implementation of technology solutions for financial advice and portfolio management, has signed an agreement with Aldesa Corporación de Inversiones for implementing its Openworkplace® platform. It will also carry out management activities with its clients and tracking product portfolios within the financial firm’s sales management. 

Leading South Korean Institution, Shinhan Bank, Opens In Dubai International Financial Centre

Date 09/12/2015

Dubai International Financial Centre (DIFC), the global financial hub connecting businesses and institutions with emerging market opportunities across the Middle, East, Africa and South Asia, today welcomed one of South Korea's leading banks, Shinhan Bank, to its diverse portfolio of clients.

SGX “Trade With Caution” Alerts To Be More Detailed And Targeted

Date 09/12/2015

Singapore Exchange (SGX) will detail in “Trade with Caution (“TWC”)” alerts our concerns about unusual trading activities in a company’s stock. The alerts will be more targeted as they will be issued on a case-by-case basis instead of being automatically triggered by a company’s “not aware” reply to a public query from SGX. The alerts may also contain details gathered from SGX’s review of trading activities.

Japan's Securities And Exchange Surveillance Commission Recommendation For Administrative Action based On Findings Of The Inspection Of Deutsche Securities Inc.

Date 09/12/2015

1. Contents of the recommendation

Pursuant to Article 20, paragraph (1) of the Act for the Establishment of the Financial Services Agency (FSA), the Securities and Exchange Surveillance Commission (SESC) issued today a recommendation that the Prime Minister and the Commissioner of the FSA take administrative action against Deutsche Securities Inc.* (hereinafter referred to as "the Company"). This recommendation is based on the findings of the inspection of the Company, whereby the following violations by the Company of the law and the ordinance described in 2 below were identified.

*Basic information regarding Deutsche Securities Inc.

First Trade In German Wind Index Futures Executed On Nasdaq Commodities

Date 09/12/2015

Nasdaq Commodities is pleased to announce that the first trade in the German Wind Index Futures was executed on launch day between EDF Trading Ltd and Energi Danmark A/S.

Hong Kong's Securities And Futures Commission: Court Dismisses Appeal By A Substantial Shareholder Against Convictions For Failing To Make Disclosure Of Interests

Date 09/12/2015

The Court of First Instance has dismissed an appeal by Mr Lam Fai Man, a substantial shareholder of Victory Group Limited (Victory), against his convictions for failing to disclose to Victory changes in his interests in the shares of Victory, as required by the Securities and Futures Ordinance.

HKEx: Arrangements For Adjustment Of GCL-Poly Structured Products And Options

Date 09/12/2015

Hong Kong Exchanges and Clearing Limited (HKEx) has announced the arrangements for the adjustment to GCL-Poly Energy Holdings Ltd (GCL-Poly) structured products and options to account for GCL-Poly’s distribution of special dividend.

Intesa Sanpaolo Signs Up For Swift’s 3SKey Solution - Intesa Sanpaolo To Use SWIFT's 3SKey To Provide Secured Personal Digital Signatures And Strong User Authentication To Its Corporate Clients

Date 09/12/2015

SWIFT announces that, Intesa Sanpaolo, one of the top banking groups in the euro zone, has signed up for 3SKey, a multi-bank and multi-channel solution for corporates to securely authenticate and approve operations using digital signatures and strong authentication. It provides a single token for Intesa Sanpaolo’s corporates clients to communicate with the bank across all channels.

UK’s Financial Conduct Authority Sees Improvements In Suitability At Wealth Managers, But Concerns Remain

Date 09/12/2015

Wealth managers and private banks have made progress in demonstrating the suitability of their clients’ portfolios, a thematic review by the Financial Conduct Authority (FCA) has found. However, some firms need to make substantial improvements in client information practices as well as ensuring the portfolios they manage truly reflect the needs and risk appetite of their customers. The FCA will be following up on these issues with these firms.