News Centre

Federation Of Euro-Asian Stock Exchanges (FEAS) Announces Its Annual Champions League Award Ceremony Among FEAS Members’ Markets Participants

Date 15/06/2019

Today, the Federation of Euro-Asian Stock Exchanges (FEAS) announces its annual Champions League Award Ceremony among FEAS Members’ Markets Participants during its flagship event ConFEAS 2019 in Bucharest, Romania.

Federal Reserve Board Requests Public Comment On Technical Updates To Its Freedom Of Information Act Procedures And On Changes To Its Rules Governing The Disclosure Of Confidential Supervisory Information

Date 14/06/2019

The Federal Reserve Board on Friday requested public comment on technical, clarifying updates regarding its Freedom of Information Act (FOIA) procedures and changes to improve the efficiency of its rules governing the disclosure of confidential supervisory information (CSI).

US Department Of Justice: Second New York Broker-Dealer Pleads Guilty To Rigging Bids For Financial Instruments In Violation Of Antitrust Law - Sentenced To Criminal Fine In Excess Of $3 Million

Date 14/06/2019

Industrial and Commercial Bank of China Financial Services LLC (ICBCFS) pleaded guilty to an antitrust charge and was sentenced to pay a criminal fine in excess of $3 million for its involvement in a bid-rigging conspiracy involving certain financial instruments, the Department of Justice announced today. 

SIFMA Comments On New Jersey Fiduciary Rule Proposal

Date 14/06/2019

In a comment letter submitted today in response to New Jersey’s proposed rule to create a state fiduciary standard, SIFMA expressed strong concern with the approach taken and urged the state to defer to the new nationwide best interest standard finalized by the Securities and Exchange Commission (SEC) last week, which addresses the investor protection concerns and goals stated by New Jersey policymakers.

CFTC Commitments Of Traders Reports Update

Date 14/06/2019

The current reports for the week of June 14, 2019 are now available.

Nigerian Stock Exchange Weekly Market Report For June 14th 2019

Date 14/06/2019

It was a four-day trading week as the Federal Government of Nigeria declared Wednesday 12th June 2019 as  Public Holiday to mark the Democracy Day celebrations.  

JonesTrading Outsourced White Paper - Outsourced Trading Vs. Insourced Trading: A Comprehensive Examination

Date 14/06/2019

Executive Summary

Receiving trading services for variable commission dollars is not a new concept—outsourced trading firms have roots dating back as far as hedge funds. However, over the last five years, there has been a dramatic shift in both the levels of service offered by outsourced trading firms and the types of clients they now serve. Due to the pressure on fees and other trends such as MiFID II, outsourced trading is one of the most talked about and fastest growing components in the alternative and traditional asset management industries.

The MiG Report - TSX - TSX Venture Exchange

Date 14/06/2019

• 42 Corporate Issuers
• 56 ETFs
• 28 CPCs 

SEC: Industrial And Commercial Bank Of China Affiliate To Pay More Than $42 Million For Improper Handling Of ADRs

Date 14/06/2019

The Securities and Exchange Commission today announced that Industrial and Commercial Bank of China Financial Services LLC (ICBCFS), a wholly-owned subsidiary of Industrial and Commercial Bank of China Limited, will pay more than $42 million to settle charges for improper handling of “pre-released” American Depositary Receipts (ADRs).  The settlement marks the largest recovery against a broker in the SEC’s ongoing investigation of ADR practices, which thus far has resulted in settlements with 10 financial institutions exceeding $414 million.

Nigerian Stock Exchange Set To Accelerate Islamic Finance In Nigeria - Partners REDmoney To Host IFN Nigeria Forum

Date 14/06/2019

The Nigerian Stock Exchange (NSE), in partnership with REDmoney Group, is set to hold the inaugural edition of the IFN Nigeria Forum themed, “Harnessing the Islamic Finance Sector for Infrastructure Development and Economic Growth”, on Tuesday, June 18, 2019, at the Eko Hotels and Suites, Lagos. The forum is aimed at promoting the growth and development of the Nigerian Islamic Finance industry and facilitate the growth of a new asset class in the capital market.