Search Results for: financial markets
AMF Updates List of Unauthorised Binary Options Providers
June 18th, 2014
The Autorité des Marchés Financiers (AMF), warns the investors by publishing a new updated list of websites offering binary options trading, for which no authorised investment services provider could be clearly identified. The AMF is once again warning retail ...
Yuan to Start Direct Trading With Pound from tomorrow
June 18th, 2014
China will allow the yuan to be exchanged directly for British pounds from tomorrow in Shanghai as the world’s second-largest economy promotes the use of its currency in global trade and finance. “This is an important step in strengthening ...
CySec: Publication of new EU Directives and Regulation
June 17th, 2014
The Cyprus Securities and Exchange Commission (CySec) wishes to inform the Cyprus Investment Firms (‘the CIFs’) about the following: 1. On June 12, 2014, the following Directives/Regulations were published in the Official Journal of the European Union, which are ...
New EU Bank-Creditor Loss Rules Leave Room for Confusion
June 13th, 2014
The European Union has served notice that senior bondholders will be in the firing line for losses when banks go bust, yet the law’s fine print leaves room for confusion. Policy makers from Michel Barnier to Jeroen Dijsselbloem have ...
Dark Pools Take Larger Share of Trades Amid SEC Scrutiny
June 13th, 2014
The rise of off-exchange trading in the U.S. stock market continues unabated even as regulators question the wisdom of allowing the shift to continue. Shares changing hands in private venues such as dark pools accounted for 40.4 percent of ...
Predatory Trading Rules Considered in Canada
June 13th, 2014
The Ontario Securities Commission may consider measures to regulate high-frequency trading if evidence of predatory activity is found as it reviews its market-structure policies, Chairman Howard Wetston said. “The important question for us is, is our market fair?” Wetston ...
BNP Paribas: EU’s Barnier wants ‘fair’ US action over fine
June 13th, 2014
One of the European Union’s top officials has intervened in the controversy over a potential huge US fine on BNP Paribas. Michel Barnier, the EU’s internal markets commissioner, said any penalty on the giant French bank must be “fair ...
Europe Bankers Cringe at Rising U.S. Fines Amid BNP Probe
June 12th, 2014
HSBC Holdings Plc (HSBA) Chairman Douglas Flint had some advice for bank executives meeting in London last week: Read up on how the U.S. uses financial warfare against its enemies in a foreign-policy shift that’s entangling lenders. Since HSBC ...
FCA finalises rules to improve the protection of client money and custody assets
June 10th, 2014
The Financial Conduct Authority (FCA) has announced in a press release that it has finalised changes to the client money and custody assets (client assets) rules. These changes affect approximately 1,500 FCA regulated firms that carry out investment business, ...
Price rises threaten to stifle China easing
June 10th, 2014
Chinese consumer inflation picked up in May following a dip in April that had raised concerns about the danger of deflation in the world’s second-largest economy. The headline consumer price index rose 2.5 per cent from a year earlier, ...
