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Dalian Commodity Exchange Imposes Regulatory Measure On Accounts
Date 06/02/2017
Recently, the related accounts under common control of a client surnamed Liu opened more than 1,000 contracts of positions on the coking coal futures in a single day, meeting the criteria of DCE for disciplinary sanction for the second time. Based on the relevant requirements for trading limit in the “Measures of Dalian Commodity Exchange for Risk Management”, DCE has decided to take the regulatory measure to ban the above-mentioned accounts from opening positions on the relevant futures for 3 days.
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Corrected: The First IPO Via Book Building System At Tehran Stock Exchange
Date 05/02/2017
On Sunday 5 February 2017, 340 million shares equal to 10 percent of Barekat Pharmaceutical Company’s shares, each averaged out at IRR 2401, were offered at Tehran Stock Exchange. The above-mentioned IPO added IRR 8160 billion to TSE’s market capitalization.
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Dubai International Financial Centre Joins World’s Most Influential Global Takaful Forum - Leading Global Financial Hub Is Official Strategic Partner Of 12th Annual World Takaful Conference
Date 05/02/2017
The 12th annual World Takaful Conference (WTC) will be convened by leading financial intelligence platform, Middle East Global Advisors, in strategic partnership with the Dubai International Financial Centre (DIFC). To be held under the theme of “Stability, Authenticity & Technological Transformation”, WTC 2017 will build on its long-standing reputation for nurturing the development of the Takaful industry by facilitating thought-provoking discussions, actionable insights and connectivity.
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15.2 Billion Dirhams Of Margin Trading Finance In ADX In 2016 - 11% Growth In Providing The Service From 2015
Date 05/02/2017
Abu Dhabi Securities Exchange (ADX) announced that margin trading finances have reached 15.2 billion Dirhams, representing %15.4 of the total trading value (buy and sell) in 2016 which amounted to 98 billion Dirhams.
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DGCX Sees Strong Start To The Year On The Back Of Continued Global Volatility
Date 05/02/2017
The Dubai Gold and Commodities Exchange (DGCX) continued to be a safe haven for investors looking to insure against volatility stirred by a series of significant political events, with the Exchange trading an aggregate 1.37 million contracts in the month of January, valued at US $ 33 billion.
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MIAX Options Exchange: MIAX Options And MIAX PEARL Fee Schedule Updates
Date 03/02/2017
The MIAX PEARL Fee Schedule will be effective Monday, February 6, 2017. The MIAX Options Fee Schedule rates remain unchanged. However, connectivity descriptions as they relate to MIAX PEARL access have been updated for clarity. A summary of the changes are attached.
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Remarks By President Trump In Strategy And Policy Forum
Date 03/02/2017
THE PRESIDENT: Well, thank you, everybody, for being here this morning. This is a really world-class group and I want to thank and congratulate Steve. You have done, as usual, an amazing job. Steve called me up the day after the election -- it might have even been the same night, Jamie, to be honest with you. You know Steve -- (inaudible) -- in fact, I think maybe one minute. And he said, I'd like to put together a group of world-class leaders and that's what he's done. So good job, Steve.
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SIFMA Statement On Trump Memorandum To Delay DOL Fiduciary Rule
Date 03/02/2017
SIFMA today released the following statement from Kenneth E. Bentsen, Jr, SIFMA president and CEO, on the memorandum issued by President Trump directing the Department of Labor to delay the applicability date of the fiduciary rule:
“The Department of Labor’s fiduciary rule is flawed and is causing harm to retirement savers. SIFMA’s members have long supported a best interest standard for brokers who provide personalized investment advice, but the DOL is not the right agency nor is the DOL rule the right approach. Delaying the applicability date to allow the new Administration an opportunity to review the rule’s impact on investors and the market is appropriate and not without precedent.”
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British Columbia Securities Commission Panel Finds West Vancouver Woman Made False Statements To Investigators And Dismisses Allegations Of Misrepresentation, Market Manipulation, And Illegal Distribution
Date 03/02/2017
A British Columbia Securities Commission (BCSC) panel has found that Christine Maria Cerisse made false or misleading statements to BCSC investigators. In the same decision, the panel dismissed allegations of misrepresentation, market manipulation, and illegal distribution against Cerisse and two other B.C. residents, Laurence (a.k.a. Lawrence) Frederick Austin, and Thomas John Sadler.
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SIFMA Commends Presidential Action to Review Financial Regulatory Framework
Date 03/02/2017
SIFMA today released a statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, regarding the executive order from President Trump calling for review of the nation’s financial regulatory framework and its impact on the markets and the economy:
“SIFMA has long called for a cumulative review of financial regulations including those put in place since 2008 and we commend the Trump Administration taking this action. Our capital markets are the envy of the world and also among the most regulated sectors in the U.S. economy. It is imperative to ensure that our financial regulatory framework does not unnecessarily impede capital formation that drives job creation, economic growth and investor opportunity in this country."
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