Securities firm is fined €78,000
The Central Bank has slapped derivatives trading company Susquehanna International Securities with a €78,000 fine for failing to report, or reporting incorrectly, over 91,000 transactions.
The regulator said that between November 2008 and December 2012, Susquehanna failed to report by close of business on the following working day, or reported incorrectly, a total of 91,034 transactions in financial instruments admitted to trading on a regulated market, and/or a multilateral trading facility marketed by a market operator.
DEBENHAMS' SHARE PRICE JUMPS 4PC
Shares in Debenhams, the UK's second-biggest department store operator, jumped over 4pc yesterday after it reported "robust" trading in the 16 weeks to June 22.
The shares rose even as sales missed estimates. But the company said it posted continued market share gains in clothing, beauty and home segments, with online sales having grown 40pc in the first 16 weeks of the second half of its financial year.
3V SIGNS VIRTUAL PAY DEAL IN FINLAND
Irish mobile payments firm 3V Transaction Services has signed an agreement to introduce a virtual Visa payment card service in Finland.
Launched with Finland's third-biggest mobile operator, DNA Mobile, the service will enable its three million subscribers to make payments over their smartphones and online.
GOLD PRICES SLIDE TO 34-MONTH LOW
Gold futures tumbled below $1,200 an ounce, extending a slump to a 34-month low, as US economic data topped estimates by analysts, eroding the metal's appeal as a store of value. In May, US consumer spending rebounded and pending home sales jumped to their highest since 2006, while jobless claims fell last week, reports showed yesterday.
Gains in the economy have boosted speculation that the Fed will scale back US monetary stimulus that helped drive gold higher.
FINANCE DIRECTOR TO INVEST IN GRAFTON
Outgoing Grafton Group finance director Colm O Nuallain has applied to buy £342,500 (€400,655) worth of the company's new 5.5pc sterling denominated retail bond.
The bonds, worth €50m, are due to be issued next month.