Regulators issue new reporting guidance on systems outages Share this article and your comments with peers on social media James Langton Securities regulators are once again examining a long-standing issue for brokers and investors—the prevalence of “internalization” in the Canadian equity trading landscape, and its impact on the fairness and efficiency of markets.In a joint consultation paper published Tuesday, the Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) said they’re seeking industry feedback on the issue of internalization, which generally refers to a broker acting as both buyer and seller on an order. Keywords Trading rules, Electronic trading, Alternative trading systems everythingpossible/123RF As retail trading jumps, SEC to rethink its rules Among other things, the regulators are looking for insight into how internalization impacts the market overall (weighed against the interests of individual clients and dealers); the conflicts of interest inherent in broker preferencing practices and their impact on liquidity, price discovery and market fairness; and the effects of increasing market segmentation for retail orders.“Much of the recent concern about increasing levels of dealer internalization is premised on the view that systems are being employed to segment and internalize predominantly retail orders, leaving significantly less opportunity for the broader market to trade with retail clients and potentially resulting in inferior execution results for market participants in aggregate,” the paper noted.“While there are a variety of competing interests, our underlying goal is to ensure the protection of investors, and to foster fair and efficient capital markets and confidence in capital markets,” the regulators said in the paper.There are no specific policy responses proposed in the paper, and the CSA and IIROC stressed they haven’t reached any conclusions about whether rule changes are needed.“We are seeking feedback to consider how current trading practices fit within our rule framework, offer investors protection, and support the evolution and functioning of a fair and efficient market,” said Louis Morisset, chair of the CSA and president and CEO of the Autorité des marchés financiers (AMF), in a release accompanying the regulators’ paper.The issue of internalization has existed for years in the Canadian equity market. In the days before the advent of alternative trading systems and widespread electronic trading, regulators worried about the role of the “upstairs market” in Canada.Now, in their paper, the CSA and IIROC are examining the phenomenon in the context of the modern Canadian equity market, which has multiple trading venues—including both dark and lit markets—offering a vast array of trading models. Comments on the paper are due by May 13. OSC seeks market structure expertise Related news Facebook LinkedIn Twitter
HomeAppsNews Alibaba to invest $200M in Snapchat — report Apps China’s e-commerce giant Alibaba Group, in a move to beef up its mobile services, reportedly will invest $200 million in Snapchat, a mobile app that sends photos and messages that disappear after a few seconds.Bloomberg, citing unnamed sources familiar with the deal, reported the investment from the Chinese firm would give Snapchat a valuation of $15 billion.The Los Angeles-based startup, which claims to have more than 100 million users, started carrying videos and articles from mainstream media outlets such as CNN and ESPN at the beginning of the year, bringing it into closer competition with Facebook and Twitter, Reuters said.Snapchat executives recently met with Saudi Arabia’s Prince Alwaleed bin Talal, who owns 95 per cent of investment holding company Kingdom Holding, to talk about “future potential business cooperation in the technology field”.Bloomberg reported a month ago that Snapchat was in advanced talks with fund managers about a $500 million funding round, which would value the company somewhere between $16 billion and $19 billion. That round would make Snapchat the third most valuable venture capital-backed company, behind Uber (valued at $45 billion) and Xiaomi ($40 billion).Snapchat turned down a $3 billion acquisition offer from Facebook in 2013 and in 2014 managed to raise funds from more than 20 investors at a $10 billion valuation.Alibaba, China’s largest e-commerce firm, has been an active investor in tech startups recently. This month it led a round of funding that raised $60 million for Quixey, a mobile search engine that includes content within apps.In early February it invested $590 million to take a minority stake in mainland mobile phone maker Meizu Technology, giving it a captive hardware platform for its mobile operating system. The Chinese firm didn’t specify the size of its interest in Meizu, a privately-owned company based in Guangdong province with more than 1,000 employees. Snapchat snaps Spotlight feature in TikTok rivalry Previous ArticleText alerts, banking apps reduce pain of overdraft charges — surveyNext ArticleVietnam’s Viettel unveils grand global ambitions Joseph Waring AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 12 MAR 2015 Alibaba pulls the plug on Xiami Music AlibabaSnapchatstartup Tags Joseph Waring joins Mobile World Live as the Asia editor for its new Asia channel. Before joining the GSMA, Joseph was group editor for Telecom Asia for more than ten years. In addition to writing features, news and blogs, he… Read more Related Author Snapchat blends mini-apps in global launch
Former EE, Sunrise boss Swantee given Vodafone role Vodafone sets wheels in motion for tower IPO Chris joined the Mobile World Live team in November 2016 having previously worked at a number of UK media outlets including Trinity Mirror, The Press Association and UK telecoms publication Mobile News. After spending 10 years in journalism, he moved… Read more Chris Donkin AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 04 JAN 2018 Related Author Previous ArticleChina dominating global IoT connectionsNext ArticleGoogle uncovers smartphone security vulnerability Vodafone seeks at least €2B from tower IPO Idea Cellular announced it will raise INR67.5 billion ($1.06 billion) to strengthen its contribution to the balance sheet of its merged venture with Vodafone, ahead of an expected completion in H1 2018.At a board meeting, Idea executives agreed to raise INR35 billion from equity sales to largest shareholder Aditya Birla Group (ABG) – taking its stake in Idea from 42 per cent to 47 per cent – and appointed a committee to assess how to secure a further INR32.5 billion.In a joint statement with Vodafone Group, Idea said the new funds would be used alongside the proceeds from the sale of the two companies tower businesses in India to strengthen the balance sheet of the joint entity. The companies added the approvals process was progressing to schedule, with only clearances from the National Company Law Tribunal and Department of Telecommunications outstanding.The timeline originally slated deal completion by the end of 2018, but the two are now targeting the first half given the approvals gained so far. When complete the merged entity will be the largest operator by connections in India, overtaking current market leader Bharti Airtel.Since the original agreement was announced in March 2017 Idea reported falling revenue and a bottom-line loss of INR11.76 billion for its fiscal Q2 (calendar Q3 2017) – the latest results reported by the company.During December, rumours emerged Idea’s financial woes could lead to a renegotiation of the terms of the deal – a report rebuffed by Vodafone. Home Idea Cellular set for funding drive ahead of merger Tags Idea CelluarVodafone Group
‘ Wes Anderson allowed just two hits and struck out 10 in six innings to help the Bossier Parish Community College Cavaliers defeat Mountain View College 7-2 on Thursday in Dallas.Seven Cavaliers accounted for BPCC’s 10 hits. Stephen Zayas went 3-for-4. Cole Frost had a two-run home run. Willie Ward went 2-for-3.Brent Holcombe didn’t allow a run in three innings of relief. BPCC (7-7) returns to action Sunday with games against St. Louis Community College and Baton Rouge Community College in Baton Rouge.— Staff ReportsTop Expat InsuranceExpat Living in Hong Kong without Health Insurance?Top Expat Insurance|SponsoredSponsoredUndoNews gadgetThis watch takes the whole country by storm! it’s price? Ridiculous!News gadget|SponsoredSponsoredUndoTheTopFiveVPNThe Secret Netflix Doesn’t Want You To Know To Unblock RestrictionsTheTopFiveVPN|SponsoredSponsoredUndoPerfect-Dating.comAre You Ready to Meet Cool Guys in Tung Chung?Perfect-Dating.com|SponsoredSponsoredUndoTheTopFiveVPNThe Trick Netflix Doesn’t Want You To Know To Unlock RestrictionsTheTopFiveVPN|SponsoredSponsoredUndoCelebsland.com9 Celebrity Before-And-After Plastic Surgery DisastersCelebsland.com|SponsoredSponsoredUndoPersonal Loan | Search AdsGetting a Loan in Hong Kong Might be Easier Than You ThinkPersonal Loan | Search Ads|SponsoredSponsoredUndoGenius-Story.com48 Broke Celebrities Now Working Normal JobsGenius-Story.com|SponsoredSponsoredUndoMy-BrightSideHusband Illustrates Everyday Life With Wife In 19 Pictures. Try not to Cry! My-BrightSide|SponsoredSponsoredUndoAspireAbove.comRemember Abby from NCIS? Take A Deep Breath Before You See How She Looks NowAspireAbove.com|SponsoredSponsoredUndoBossier task force busts four for prostitution and drugsBossier PressUndoSeven arrested for prostitution and panderingBossier PressUndoCosmoWomensTop 30 Most Beautiful Women in the WorldCosmoWomens|SponsoredSponsoredUndoLifestly.comWhere Ronaldo lives at 42 is heartbreakingLifestly.com|SponsoredSponsoredUndobestfamilymag.comBacary Sagna’s wife is probably the most beautiful woman on Earth bestfamilymag.com|SponsoredSponsoredUndoLovelyHealthyMagAli MacGraw Is Almost 85, Try Not To Smile When You See Her Now!LovelyHealthyMag|SponsoredSponsoredUndo ‘ ‘ ‘ ‘ ‘ HealthyFoodNetwork21 Celebs Who Are Gay – No.13 Will Shock Men HealthyFoodNetwork|SponsoredSponsoredUndo Bossier Parish School Board member pleads guilty to anabolic steroid distribution conspiracyBossier PressUndo Bossier City man found guilty of killing his co-workerBossier PressUndo Shreveporter arrested for human traffickingBossier PressUndo
Caldwell representatives were on hand when the Kansas State Department of Education announced that USD 360 will be one of 19 schools selected to participate in the Gemini II Redesign Project.Submitted to the Sumner Newscow — The Kansas State Department of Education announced Tuesday, April 17, that USD 360 Caldwell Schools is one of 19 school districts from across the state selected to take part in Gemini II: The Space Walk Begins, which is the next round of the Kansans Can School Redesign Project. Caldwell is the second Sumner County school to participate in the program with Wellington being the first.Caldwell will initiate the Redesign project in 2019-20.Attending the State BOE meeting on behalf of the district were Gage Overall, USD 360 BOE member, Julie Matthew, fifth grade teacher, Wayne Greenlee, CHS ELA Teacher, and Alan Jamison, USD 360 Superintendent. KSDE in February 2018 began accepting applications for the Gemini II Project and the districts were announced April 17 during the Kansas State Board of Education meeting.In support of Kansas’ vision for education, KSDE launched the Kansans Can School Redesign Project in August 2017. Twenty-nine Kansas school districts applied for the project. Seven districts including Wellington — each one representing one of the Mercury 7 astronauts — were selected. Remaining applicants had the opportunity to participate in the Gemini I Project.“After the initial Kansas redesign schools were selected last year, the staff and administration spent the year discussing where we were at as a district and where we wanted to go in the future. We had the opportunity to see and hear how the schools around the state were progressing with their redesign efforts and our staff took the initiative to move us forward,” said Alan Jamison, Superintendent.All districts that applied for the Kansans Can School Redesign Project had to agree to redesign at least one elementary and one secondary school around the five outcomes established by the Kansas State Board of Education, the five elements identified as defining a successful high school graduate, and what Kansans said they want schools to provide students. They also had to have approval by their local school board with a public vote, faculty support with a vote of 80 percent, and support from KNEA or other professional organization.USD 360 Caldwell Schools plans to launch a new school redesign in the 2019-2020 school year and will serve as a future demonstration site for other districts in Kansas to study, learn from, and visit.For more information about Caldwell Secondary School and Caldwell Elementary School, visit www.usd360.com.To learn more about the Kansans Can School Redesign Project, visit http://www.ksde.org/Agency/Fiscal-and-Administrative-Services/Communications-and-Recognition-Programs/Vision-Kansans-Can/School-Redesign.Follow us on Facebook.Follow us on Twitter. Close Forgot password? Please put in your email: Send me my password! Close message Login This blog post All blog posts Subscribe to this blog post’s comments through… RSS Feed Subscribe via email Subscribe Subscribe to this blog’s comments through… RSS Feed Subscribe via email Subscribe Follow the discussion Comments Logging you in… Close Login to IntenseDebate Or create an account Username or Email: Password: Forgot login? Cancel Login Close WordPress.com Username or Email: Password: Lost your password? Cancel Login Dashboard | Edit profile | Logout Logged in as Admin Options Disable comments for this page Save Settings You are about to flag this comment as being inappropriate. Please explain why you are flagging this comment in the text box below and submit your report. The blog admin will be notified. Thank you for your input. There are no comments posted yet. Be the first one! Post a new comment Enter text right here! Comment as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Submit Comment Subscribe to None Replies All new comments Comments by IntenseDebate Enter text right here! Reply as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Cancel Submit Comment Subscribe to None Replies All new comments
The Normans entered the week as perhaps the most dangerous Southland team without a victory. Dotson made sure Beverly Hills would have that dubious distinction at least one more week. Dotson carried the ball 33 times for 206 yards and two touchdowns in a 30-14 nonleague win for visiting Mira Costa (2-2). “I was nervous coming here because I knew they were a dangerous team that wanted to get a win for themselves and for their fans,” Dotson said. “We were just better.” Dotson also ran for 10 of Mira Costa’s 19 first downs, three of which helped the Mustangs run the final four minutes off the clock. “My goal is to break it on every play, but when it comes to short yardage, I just lower my head and find that first hole,” Dotson said. “It’s really important when you’re trying to run time off the clock, and I like being the one they give it to in those situations.” Dotson’s job was made easier by the offensive line’s ability to continually provide key blocks when Mira Costa needed them.” “The line did great,” Dotson said. “They lasted all four quarters and we were even missing (Mike) Freeman.” Mira Costa’s line dominated on the defensive side as well. Faced with first-and-goal inside the 1-yard line, the Mustangs line stopped Beverly Hills’ Sae-bin Park and Ramon Judkins on three straight plays. Quarterback Dex Lucci punctuated his team’s futility by overthrowing Erik Munzer in the end zone. “That goal-line stand was huge,” Mira Costa coach Don Morrow said. “I can’t fault their play calling. I would have done the same thing.” Mira Costa’s offense picked up where its defense left off, methodically picking apart Beverly Hills. Dotson’s 13-yard scoring run capped a 10-play drive, which spanned 5:09. “To do what we did on defense and then turn around and have that great drive afterward was a huge part of this (win),” Morrow said. [email protected] local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! NONLEAGUE: Running back punishes Beverly Hills for two TDs. By David Saunders STAFF WRITER Running back Adrien Dotson went into Friday night’s game knowing that Beverly Hills was not your typical winless team.