The Dubai Financial Services Authority (DFSA) has accepted an Enforceable Undertaking (EU) from Mr S Ravishankar Naidu, Senior Executive Officer (SEO) at Royal Shield Limited (RSL), an Insurance Intermediary licensed by the DFSA.
read more...Dubai Financial Services Authority Takes Action Against Senior Executive Officer
London Stock Exchange: First Bonds List On New International Securities Market
London Stock Exchange plc has welcomed the first bonds to list on its new International Securities Market (ISM), an additional market for the issuance and trading of UK and international primary debt targeted at institutional and professional investors. India’s NTPC Bond is now available for trading on ISM, which went live on 8 May 2017 following the publication of its rulebook.
read more...Abu Dhabi Global Market Introduces First Calibrated Venture Capital Managers Framework In MENA Region
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has introduced a risk-proportionate regulatory framework for managers of venture capital (VC) funds, the first of such framework in the MENA region. With immediate effect on 15 May 2017, VC managers will not be subject to any base capital requirement or expenditure based capital.
read more...NovitasFTCL Advised The Shareholders Of Twigkit On Its Sale To Lucidworks
Lucidworks, the leader in enterprise search solutions, today announced its acquisition of Twigkit, a software company specializing in user experiences for enterprise-grade search and big data applications. The acquisition is an important step towards Lucidworks’ mission to deliver purpose-built user-driven data applications that give end-users a single access point to aggregated search results.
read more...FlexTrade Launches FlexAlgoWheel - Next Generation, Intuitive Interface For Systematic Selection Of Algorithms To Optimize Best Execution
FlexTrade (@FlexTrade), a global leader in multi-asset execution and order management systems, today announced the rollout of FlexAlgoWheel, the next generation, data-driven interface to algo selection that incorporates real-time internal and external inputs as well as TCA to optimize the broker and algo selection process.
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