News Centre

ESMA Publishes Review On Best Execution Supervisory Practices Under MiFID

Date 25/02/2015

The European Securities and Markets Authority (ESMA) has conducted a peer review on how national regulators (national competent authorities or NCAs) supervise and enforce the MiFID provisions relating to investment firms’ obligation to provide best execution, or obtain the best possible result, for their clients when executing their orders. ESMA found that the level of implementation of best execution provisions, as well as the level of convergence of supervisory practices by NCAs, is relatively low. In order to address this situation a number of improvements were identified, including:

• prioritisation of best execution as a key conduct of business supervisory issue;
• the allocation of sufficient resources to best execution supervision; and
• a more proactive supervisory approach to monitoring compliance with best execution requirements, both desk-based and onsite inspections.

Euronext Publishes Full Year 2014 Results

Date 25/02/2015

Euronext (Paris:ENX) (Amsterdam:ENX) (Brussels:ENX) today announced its results for the full year of 2014.

ESMA Publishes Peer Review On Best Execution Under MiFID

Date 25/02/2015

The European Securities and Markets Authority (ESMA) has conducted a peer review on how national regulators (national competent authorities or NCAs) supervise and enforce the MiFID provisions relating to investment firms’ obligation to provide best execution, or obtain the best possible result, for their clients when executing their orders.

iMeta Integrates With Avox Web Services For Real Time Access To Legal Entity Data

Date 25/02/2015

iMeta Technologies Ltd., at the forefront of delivering Entity Data Management technology, has joined forces with Avox Limited, the industry-leader in legal entity data services, to offer a complete, automated solution to address on-boarding and client data management requirements. Specifically, this partnership links Avox web services with iMeta Assassin.

Hong Kong's Securities And Futures Commission Bans Katherina Lo Ka Shun For Two Years For Improper Trading Arrangement

Date 25/02/2015

The Securities and Futures Commission (SFC) has banned Ms Katherina Lo Ka Shun from re-entering the industry for two years from 24 February 2015 to 23 February 2017 (Note 1).

Fidessa Appoints Jay Biancamano To lead Equities In The Americas

Date 25/02/2015

Fidessa group plc (LSE: FDSA) today announced a key appointment for its sell-side business, Jay Biancamano is now Head of Equities Product Marketing for the Americas. Based in New York and reporting to James Blackburn, Global Head of Equities Product Marketing, Biancamano will focus on driving the strategic direction of Fidessa's sell-side equities products to provide new and innovative services to its clients which deliver them real business value. 

Fintech Venture Capital Firm Takes Stake In Collateral Management Company CloudMargin

Date 25/02/2015

• First investment announced by llluminate Financial Management since inception last year
• CloudMargin launched in 2013 after securing backing from senior financial market executives

Frank Fabozzi Awarded James R. Vertin Award By CFA Institute Research Foundation - Frank Fabozzi Recognized For Producing Relevant And Valuable Body Of Research That Has Contributed To The Investment Profession

Date 25/02/2015

Frank Fabozzi has been awarded the James R. Vertin Award by the CFA Institute Research Foundation, a not-for-profit organization that sponsors independent research for investors and investment professionals around the world.

Nasdaq Nordic Introduces Company Fact Sheet, Powered By Morningstar - Increasing Investor Awareness For Publically Traded Small And Medium-Sized Enterprises

Date 25/02/2015

Nasdaq (Nasdaq: NDAQ) announces that it has selected Morningstar, a leading provider of independent investment research, to produce fact sheets for its listed companies in the Nordics* and Baltics**. Through this initiative investors are given access to key financial data for the more than 800 companies traded on Nasdaq’s Nordic and Baltic markets.

Lodestone REIT Limited Lists On The JSE

Date 25/02/2015

Today the JSE welcomed Lodestone REIT Limited on the JSE’s AltX board. Lodestone REIT Limited is the second company to list on the JSE this year, bringing the total number of companies listed on the AltX board to 60. Lodestone (JSE: LDO) listed on the Real Estate Diversified REIT sector on the AltX board of the JSE.