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IOSCO Surveys Use Of Social Media And Automated Advice By Intermediaries
Date 24/07/2014
The International Organization of Securities Commissions (IOSCO) today published its Report on the IOSCO Social Media and Automation of Advice Tools Surveys. The paper presents the results of four surveys on the use of social media and automated advice tools in capital markets, and how regulators oversee the use of these tools.
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SunGard Named Best Market Risk Solution Provider And Best Network Provider In 2014 Waters Rankings
Date 24/07/2014
SunGard has been named as “Best Market Risk Solution Provider” and “Best Network Provider” in the 2014 Waters Technology Rankings for its Adaptiv and SunGard Global Network (SGN) solutions, respectively. Readers of Waters Technology magazine and industry participants vote in the Waters Rankings, which recognize excellence among providers to the financial industry.
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TheCityUK Responds To Latest Balance Of Competences Report
Date 24/07/2014
TheCityUK has responded to the latest Treasury report reviewing the balance of powers between London and Brussels.
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NASDAQ OMX Announces Quarterly Dividend Of $0.15 Per Share
Date 24/07/2014
The Board of Directors of The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) has declared a regular quarterly dividend of $0.15 per share on the company's outstanding common stock.
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MARF Admits To Trading A €75 Million Issue By EYSA
Date 24/07/2014
The Mercado Alternativo de Renta Fija (MARF) today admitted a new bond issue by EYSA, with an issue size of €75 million.
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NASDAQ OMX Reports Strong Second Quarter 2014 Results
Date 24/07/2014
- Second quarter 2014 net revenues1 were $523 million, up 16% year-over-year.
- Achieved 4% organic revenue growth2 year-over-year, and saw 9% organic growth across the non-transactional segments: Information Services, Technology Solutions, and Listing Services.
- Generated second quarter 2014 non-GAAP diluted EPS of $0.70, a 13% increase year-over-year. Second quarter 2014 GAAP diluted EPS was $0.59.
- Non-transaction based revenues were 74% of our total second quarter 2014 net revenues, and increased 19% from the prior year quarter.
- Announcing reduction of Non-GAAP operating expense guidance for 2014, reflecting the impact of recent industry volume levels and certain management cost actions.
- The company paid down $100 million of debt in the second quarter and returned to its long-term leverage target. Completing this de-leveraging allowed a resumption of the buyback program and $93 million of stock was repurchased during the period.
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ICAEW And CISI Launch Diploma In Corporate Finance In Cyprus
Date 24/07/2014
ICAEW (Institute of Chartered Accountants in England & Wales) and the Chartered Institute for Securities & Investment (CISI) have launched a diploma in Corporate Finance. The only specialist diploma of its kind, the qualification will be delivered by the Cyprus International Institute of Management and is aimed at establishing and maintaining the highest standards of professional skill and care in all corporate finance transactions.
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EDHEC-Risk Institute Study Shows Room To Improve Investment Solutions In The Australian Super System
Date 24/07/2014
Latest research argues that the Australian superannuation industry could be further strengthened by the development of an industry-led reporting standard and certification scheme.
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LME And Colt Collaborate To Launch LMEnet
Date 24/07/2014
The London Metal Exchange (LME) is working with Colt Technology Services to launch LMEnet, a dedicated network that will provide market participants a fast, reliable and secure connection to the Exchange’s electronic systems, including LME Clear.
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Hong Kong's Securities And Futures Commission Revokes The Licences Of Union Securities Limited And Its Responsible Officers Ma Kin Chung And Cheng Tai Ha, And Bans Both For Life
Date 24/07/2014
The Securities and Futures Commission (SFC) has revoked the licences of Union Securities Limited (Union Securities) and its two responsible officers, Mr Ma Kin Chung and Ms Cheng Tai Ha. Ma and Cheng have also been prohibited from re-entering the industry for life.
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