Search Results for: Sage
IOSCO: Harmonisation of the Unique Transaction Identifier (UTI) to OTC derivatives transactions
February 28th, 2017
A new report provides technical guidance to authorities to enable them to set rules on assigning uniform global Unique Transaction Identifiers (UTIs) to over-the-counter (OTC) derivatives transactions. The report, entitled Harmonisation of the Unique Transaction Identifier, is a joint ...
Bank of Israel keeps the interest rate unchanged
February 28th, 2017
Inflation data: The Consumer Price Index for January declined by 0.2 percent, in line with the average of forecasters’ projections. There were seasonal declines this month in the clothing and footwear component (9.2 percent), in the housing component (0.5 ...
An investment management business in UK claimed £15m in damages but awarded £2 compensation
February 24th, 2017
An investment management business which claimed £15m in damages for stolen data from departing staff has ended up with just £2 compensation after a High Court judge ruled that no injury had been sustained. The Honourable Mr Justice Leggatt ...
Asian markets dip as investors cash out after dovish Fed minutes
February 24th, 2017
Shares in Asia lost ground Friday as dovish signals from the U.S. Federal Reserve weakened the dollar, with possible consequences for the competitiveness of Asian exports. The Nikkei Stock Average NIK, -0.45% was down 0.2% with the S&P/ASX ...
CySec fined €63.000 a Cyprus Investment Firm
February 23rd, 2017
The Board of the Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors that, at its meeting held on January 23, 2017, decided to impose a total administrative fine of €63.000 on the CIF PriorFx ...
Global brokerage BGC Partners pays $90,000 penalty
February 23rd, 2017
BGC Partners (Australia) Pty Limited (“BGC”) has paid a total penalty of $90,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (“MDP”). The MDP had reasonable grounds to believe that BGC had contravened subsection 798H(1) ...
Construction of Iran-Oman-India Gas Pipeline is about to happen
February 22nd, 2017
An official with New Delhi-based South Asia Gas Enterprise Pvt Ltd (SAGE) said that the implementation of a plan to build an undersea gas pipeline to export Iran’s gas via Oman Sea and Indian Ocean to India is imminent. ...
Malta’s new draft law raises concerns over internet freedom
February 22nd, 2017
Several thousand people took to the streets of Malta on Sunday (19 February) to protest against a new bill that is expected to force online news sites to register with the government. The protest, organised by Malta’s opposition Nationalist ...
Nasdaq and Borse Dubai Sign Landmark Market Technology Deal
February 21st, 2017
Borse Dubai will overhaul trading and post-trade technology of Dubai Financial Market, paving the way for various market enhancements including CCP clearing Nasdaq, Inc. (Nasdaq:NDAQ) and Borse Dubai today announced a new landmark agreement to bolster the technological infrastructure of Dubai’s stock ...
Samsung head arrested for corruption scandal involving South Korea president
February 20th, 2017
Samsung‘s would be head Lee Jae-yong (Jay Y Lee) was arrested in Seoul on Friday on charges of bribery and undue influence in connection with a scandal involving South Korea President Park Geun-hye. In approving the warrant ...
