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Autorité Des Marchés Financiers: Publication Of A New Notice On Marketplace Lending Platforms
Date 15/08/2017
On August 3, 2017, the Autorité des marchés financiers (the “Authority”) published an updated version of its Notice relating to the operation of marketplace lending platforms (pdf - 41 KB)This link will open in a new window. This new notice is the result of recommendations made by the Authority’s Fintech Working Group, whose mandate is to analyze fintech developments and anticipate related regulatory and consumer protection issues.
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FINRA Expels Hallmark Investments, Inc. And Bars CEO For Fraud -Restitution Ordered To Affected Customers
Date 15/08/2017
The Financial Industry Regulatory Authority (FINRA) announced today that it has expelled New York-based Hallmark Investments, Inc. and barred its Chief Executive Officer, Steven G. Dash, in connection with a scheme to sell shares of stock to customers at fraudulently inflated prices. FINRA also suspended Hallmark representative Stephen P. Zipkin for two years and required him to pay more than $18,000 in restitution to affected customers.
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CBOE Risk Management Conference Europe 2017 - CBOE Holdings Set To Host 6th Annual CBOE RMC Europe This September In Hertfordshire, UK
Date 14/08/2017
CBOE Holdings, Inc. (BATS: CBOE | NASDAQ: CBOE) will host the 6th annual CBOE Risk Management Conference (RMC) Europe, Monday, September 11 through Wednesday, September 13, 2017, at the Grove Hotel in Hertfordshire, UK – just 20 miles from the London city center.
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MGEX Announces Sixth-Best Volume Day
Date 14/08/2017
MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), announces Friday’s volume was the sixth-best in Exchange history with 27,734 contracts.
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London Stock Exchange Group Plc Transaction In Own Shares
Date 14/08/2017
London Stock Exchange Group plc (the "Company") announces that it has purchased through RBC Europe Limited, in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 26 April 2017, the following number of its ordinary shares of 6 79/86 pence each ("Shares") on the London Stock Exchange as part of the buyback programme announced on 29 March 2017:
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EBA Updates List Of Public Sector Entities For The Calculation Of Capital Requirements
Date 14/08/2017
The European Banking Authority (EBA) published today an updated list of public sector entities (PSEs) that may be treated as regional governments, local authorities or central governments for the calculation of capital requirements, in accordance with the EU Capital Requirements Regulation (CRR). -
FIA July 2017 SEF Tracker
Date 14/08/2017
Total trading volume on SEFs averaged $496.1 billion in notional value per day during the month of July, down 30.7% from the previous month but up 21.9% from July 2016. The decrease in trading volume was driven mainly by a drop in on-SEF trading of interest rate swaps, which was down 32.3% from June 2017 but up 23.7% from July 2016.
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IOSCO Consults On Recommendations To Improve Transparency Of Corporate Bond Markets
Date 14/08/2017
Corporate bond markets are a significant part of the global capital markets and a critical source of financing for economic growth. Since 2004, various developments have impacted corporate bond markets. These include changes in regulation as well as the market structure; the entrance of new participants; a shift from the traditional dealer-based principal model to an agency based model; and the increasing use of technology. In response to these significant changes, the Board of the International Organization of Securities Commissions (IOSCO) agreed to examine the liquidity of secondary bond markets and published its findings in March 2017.
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ESMA: Consultation On Guidelines On Certain Aspects Of The MiFID Ii Suitability Requirements
Date 14/08/2017
DETAILS
This paper is primarily of interest to competent authorities and firms that are subject to Directive 2014/65/EU of the European Parliament and of the Council (MiFID II). In particular, this paper is addressed to investment firms and credit institutions providing investment advice or discretionary portfolio management services. This paper is also important for consumer groups, investors and trade associations, because the guidelines seek to implement enhanced provisions to ensure investor protection, with potential impacts for anyone engaged in the dealing with or processing of financial instruments.
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ESMA Closed For Public Holiday Tuesday 15 August
Date 14/08/2017
ESMA is closed for Public Holiday on Tuesday 15 August
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