Abu Dhabi Securities Exchange (ADX), the region's leading financial market, together with Aldar Properties PJSC (Alda”), has informed the public that it has listed Aldar Investments’ new sukuk, marking the first corporate sukuk ever to be listed on the exchange. The sukuk, which was raised at a profit rate of 4.75% with a 7 year…
Read more
UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company Franklin Law Office. Franklin Law Office is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
Read more
The Financial Conduct Authority (FCA) and the Hong Kong Securities and Futures Commission (SFC) have entered into a Memorandum of Understanding on Mutual Recognition of Funds (MoU), which will allow eligible Hong Kong public funds and United Kingdom retail funds to be distributed in each other’s market through a streamlined process. The MoU also establishes…
Read more
ASIC regulated Retail FX broker GO Markets has announced that it now provides the ability to its clients to trade via MetaTrader 5. GO Markets customers have access to the desktop, mobile and web platform versions. The Melbourne based company is one of the pioneers of online trading in Australia providing brokerage services in the…
Read more
Validus platform now integrated with CQG Eventus Systems, Inc., a provider of innovative regtech software solutions for the capital markets, has just announced that FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) has gone live as a client. GAIN has deployed Eventus’ cloud-based version of the Validus platform to manage the market surveillance program for its…
Read more
SIX, the index provider for the Swiss Market, has just announced that it has licensed the SARON (Swiss Average Rate Overnight) to the derivative exchange EUREX as underlying for Futures contract. SARON represents the overnight interest rate of the secured funding market for Swiss franc (CHF). It is based on transactions and quotes made on…
Read more
The first shared trading platform, Exchain, has announced that it has rolled out its public beta test on October 6, 12:00 am (GMT +8). Exchain is invested by oversea institutes and industry professionals, builds branches in Singapore, HK, US, China, etc. Exchain aims to build a transparent, open and mutually beneficial trading platform that is…
Read more
The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Fast Loan Credit of UK. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of…
Read more
RoboForex, the Belize-based unit of the Retail FX brokerage group, has announced an expansion of the list of cryptocurrency instruments, which are available for trading through R Trader multi-asset platform. Sixteen new trading instruments have been added to the list. In total, 26 crypto instruments are available for trading on the platform at the moment.…
Read more
The Hong Kong Securities and Futures Commission (SFC) has announced that it has banned Ms Lok Wai Fong, a former employee of Bank of China (Hong Kong) Limited (Bank), from re-entering the industry for life. The disciplinary action follows an SFC investigation which found that from April 2009 to January 2012, Lok transferred a sum…
Read more