News Centre

Nasdaq Completes Acquisition Of eVestment

Date 23/10/2017

Nasdaq (Nasdaq:NDAQ) today announced the completion of its acquisition of eVestment, an industry leading content and analytics provider used by asset managers, investment consultants and asset owners to help facilitate institutional investment decisions.

Statement On SEC Approval Of The PCAOB’s New Auditor’s Reporting Standard, Chairman Jay Clayton

Date 23/10/2017

The Public Company Accounting Oversight Board (“PCAOB” or “Board”) plays an important role in our capital markets as an independent audit regulator. The PCAOB’s work furthers the public interest, including the protection of investors, through its oversight of the preparation of independent audit reports. Today, the Commission approved a PCAOB rule that requires significant enhancements to certain public company audit reports, including the communication of critical audit matters (“CAMs”) and the disclosure of auditor tenure. These changes are intended to make the auditor’s report more informative.

US Department Of Justice: Former Global Head Of HSBC's Foreign Exchange Cash-Trading Found Guilty Of Orchestrating Multimillion-Dollar Front-Running Scheme

Date 23/10/2017

The former head of global foreign exchange cash trading at HSBC Bank plc, a subsidiary of HSBC Holdings plc (collectively HSBC), was found guilty today for his role in a scheme to defraud an HSBC client through a multimillion-dollar scheme commonly referred to as “front running.” 

SIFMA’s Board Of Directors Announces Newly Elected Officers

Date 23/10/2017

Chair-Elect:
James R. Allen, Chairman & CEO, Hilliard Lyons

What Matters Now Is Compensation For RBS GRG Victims

Date 23/10/2017

Responding to the Financial Conduct Authority (FCA)’s interim summary of its independent report on the treatment of smaller businesses by Royal Bank of Scotland (RBS)’s Global Restructuring Group (GRG), Mike Cherry, Federation of Small Businesses (FSB), National Chairman, said:

“Today’s FCA summary marks a welcome step forward in identifying exactly what happened to the victims of GRG."

AICPA And Wall Street Blockchain Alliance Announce Collaboration - Associations Plan Joint Effort To Advance Blockchain Technology For Accounting Profession

Date 23/10/2017

The American Institute of CPAs (AICPA) and Wall Street Blockchain Alliance (WSBA), a leading nonprofit trade association promoting the comprehensive adoption of blockchain technology across global markets, today announced plans to work together to define the impact of blockchain technology for the accounting profession and advance the interests of both the public and profession in this area.

Irish Stock Exchange: Italian Bank, Banca IFIS, Lists First Notes From €5bn Programme On MSM

Date 23/10/2017

Banca IFIS lists €400m notes from its €5bn EMTN programme on the Main Securities Market (MSM) of the Irish Stock Exchange (ISE). The notes, with a 4.5% interest rate, have a maturity date of October 2027.

Third Bridge Report Shows Significant Inconsistencies In The Pricing Of Investor Research

Date 23/10/2017

Third Bridge, a leading international primary research firm, surveyed and interviewed 30 respondents from buy-side asset management firms, to gather information on how investment banks and boutique sell-side firms are pricing their research.

Tourmaline Partners, LLC Launches New Commission Management Website - Expands CSA Footprint To Prepare For MiFID II

Date 23/10/2017

Tourmaline Partners, LLC, a global institutional equity and derivatives trading solutions firm, is pleased to announce the launch of their new commission management website to accommodate a growing client demand for CCA and CSA administration.  To find out more about Tourmaline Partners, LLC please contact Aaron Hantman at 203.302.7300 or ah@tourmalinellc.com.

Toronto Stock Exchange And Venture Exchange Lead - Four-Day Roadshow In Israel - Exchanges Lead Canadian Delegation As Part Of International Growth Strategy

Date 23/10/2017

TMX Group’s equity exchanges, Toronto Stock Exchange (TSX) and Venture Exchange (Venture), today announced they have returned to Israel as part of a four-day roadshow from October 22-25.