Search Results for: financial markets
CBOE Holdings Agrees to Acquire Bats Global Markets in a $3.2 billion deal
September 26th, 2016
CBOE Holdings, Inc. (NASDAQ: CBOE) and Bats Global Markets, Inc. (Bats: BATS) today announced that they have entered into a definitive agreement, which has been approved by the Board of Directors of each company by unanimous votes of the ...
TechFinancials reports Revenue increased by 34% to US$9.86m
September 12th, 2016
TechFinancials (AIM: TECH), a leading technology provider to financial trading brokers, today announces its unaudited interim results for the six month period ended 30 June 2016 (“H1 2016”). Financial Highlights Revenue increased by 34% to US$9.86m (H1 2015: US$7.34m) ...
DLT Financial To Launch Top 10 Cryptocurrency Index
September 8th, 2016
Recently rebranded from Tramonex, DLT Financial is a fintech company that aims to make virtual currencies an enticing asset class for investors. The firm has received a 250,000 GBP ($333,000 USD) grant from the UK government to develop a working prototype of their proposed ...
HKMA embraces FinTech as it burnishes Hong Kong’s brand to compete as Asia’s financial hub
September 6th, 2016
The Hong Kong Monetary Authority has unveiled a series of policy initiatives for banks to embrace technology, and changed the city’s tax regime to attract corporate treasury departments, as it sharpens its edge to compete with Singapore and Tokyo ...
Financial regulators tell G20 to focus on legal gaps
August 31st, 2016
Bank regulators are better prepared to cope with the potential failure of a major bank but more work needs to be done on the finer detail of legal agreements covering bank resolution and derivatives trade reporting, the Financial Stability ...
ESMA Sees Risk Outlook Deteriorate For EU Securities Markets
August 31st, 2016
The European Securities and Markets Authority (ESMA) latest risk report has found that the overall assessment of risk levels in EU markets under its remit remains unchanged. Market and credit risks remain very high – the highest level – while liquidity ...
Financial Commission approved two Forex brokerages firms as members
August 25th, 2016
Financial Commission, a leading external dispute resolution (EDR) organization that caters to the financial services industry, operated by FinaCom PLC, today announces MaxiMarkets and Umarkets as its newest members. Financial Commission provides customers of member brokerages with a neutral 3rd party mediation platform ...
Even Hedge Funds Can’t Understand Today’s Manipulated Markets
August 16th, 2016
One of the big surprises of the past few years is the number of brand-name hedge funds reporting terrible results. Their customers are not amused: Hedge Funds Are Losing Endowments After Exodus of Pensions (Bloomberg) – ...
Certain financial derivatives such as binary options, CFDs with leverage will be restricted by FSMA
August 16th, 2016
The Financial Services and Markets Authority (FSMA) of Belgium has issued an announcement to inform that the authority establishes a framework for the distribution of OTC Derivatives (Binary options, CFDs, etc.). According to FSMA’s announcement, the distribution of certain ...
Bats Reports Strong Market Share Across All Markets in July
August 12th, 2016
Remains #1 in U.S. ETF Trading, #1 Pan-European Stock Market Welcomes Three New ETF Issuers to the Bats ETF Marketplace in July Bats Global Markets, Inc. (Bats: BATS), a leading global exchange operator and provider of market data and other financial ...
