Search Results for: EBS
ISDA Publishes EMIR Classification Letter
July 15th, 2015
The International Swaps and Derivatives Association, Inc. (ISDA) has published a new classification letter that will enable counterparties to notify each other of their status for clearing and other regulatory requirements under the European Market Infrastructure Regulation (EMIR). Financial ...
China Opens Interbank Market to Central Banks, Sovereign Funds
July 14th, 2015
China issued new rules making it easier for foreign central banks, sovereign wealth funds and global financial organizations to access its interbank bond market, the latest step in the opening up of Asia’s largest economy. They will no longer ...
Bats Plans Block-Trading Service to Prepare for Dark-Pool Rules
July 14th, 2015
Bats Chi-X Europe will unveil a block-trading initiative within months as markets prepare for European Union rules that will restrict dark-pool trading. “We fully intend to facilitate large-in-scale trading and we will be unveiling highly competitive initiatives in the ...
Brazil Regulator Names 30 Traders in Probe of Currency Rigging
July 14th, 2015
Brazil’s antitrust regulator named 30 people it’s investigating as part of a civil probe into anticompetitive practices in the currency market. If found to have violated the law, the individuals each may face penalties of as much as 2 ...
FCA warning against clone firm
July 14th, 2015
The Financial Conduct Authority (FCA) of the United Kingdom has issued a warning to alert all recipients that: Fraudsters are using or giving out the following details as part of their tactics to scam people: Clone firm details: Augustine ...
China accuses brokers of manipulating share prices during stock market crisis
July 14th, 2015
Beijing has accused brokers of manipulating share prices during China’s recent stock market plunge and launched a crackdown against unlicensed companies that financed speculative trading. The police ministry said investigators had found “evidence to suspect that individual trading companies ...
CySec: Withdraw of CIF authorisation
July 10th, 2015
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority, has issued an announcement informing that: On its meeting of 6 July 2015, has decided, pursuant, of section 25(1), subparagraphs (b) and (c) of the Investment Services ...
Spanish, French Stocks Lead Europe Rally as Greece Submits Plan
July 10th, 2015
European stocks climbed, poised for a weekly gain, after Greece offered to meet most of creditors’ demands in exchange for a new bailout. The Stoxx Europe 600 Index rose 1.5 percent to 386.91 at 10:04 a.m. in London. Benchmark ...
Saxo Bank receives two reprimands by Finanstilsynet (the Danish FSA) in relation to its handling of the CHF incident on 15 January 2015
July 10th, 2015
The Danish FSA has reviewed Saxo Bank A/S handling of the CHF incident and finds no reason to criticise the Bank except for two specific issues. The Danish FSA concludes that the method applied by Saxo Bank contributes to ...
CySec has issued an announcement regarding Activation Procedures for Autorized Firms
July 9th, 2015
CySec has issued today an announcement regarding Activation Procedures for Autorized Firms specifying that: In order to improve the process of activation of persons who have obtained licence by the Cyprus Securities and Exchange Commission (“CySEC”) and in order to ...
