The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Index Limited t/a 4XPremium. 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 their…
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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 Manaia and Partners. The Financial Markets Authority (FMA) has already issued a warning to the same company earlier this year. Manaia and Partners is not authorised…
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The Disciplinary Committee of Nasdaq Stockholm has found that Oscar Properties Holding AB (“Oscar Properties” or the “Company”) has breached Nasdaq Stockholm’s Rule Book for Issuers (the “Rule Book”) and, accordingly, has imposed a fine on Oscar Properties amounting to two annual fees, corresponding to an amount of SEK 410,000. The Disciplinary Committee has found…
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Block Commodities Limited (NEX: BLCC), the commodity trader operating in Africa, has announced a strategic partnership with Pure Grow Africa Limited (Pure Grow), a supplier of high-quality agricultural produce based in Uganda. Block and Pure Grow will be working together in connection with the first pilot of a food project commodity cycle ecosystem (Pilot Ecosystem…
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Copenhagen based Retail FX and CFDs broker Saxo Bank has announced that all the necessary regulatory approvals have been received to enable China’s Geely Group and Sampo plc of Finland to acquire shares in Saxo Bank A/S. Following the approval and reflecting the new ownership structure of Saxo Bank, Daniel Donghui Li has been elected chairman…
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Nasdaq (Nasdaq:NDAQ), the global provider of trading, clearing, exchange technology, listing, information and public company services, has announced that it has made an USD 190m all cash recommended public offer to the shareholders and warrant holders of Cinnober (Nasdaq First North: CINN), a major Swedish financial technology provider to brokers, exchanges and clearinghouses worldwide. Nasdaq’s…
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Startups gain better access to later stage financing With a new collaboration, the more than 160 startups from Deutsche Börse Venture Network will get better access to growth financing: global technology advisory and investment firm GP Bullhound is joining the network. Companies in the later stage growth phase in particular will benefit from this. GP…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Capital NCL. 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 their tactics to…
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The Securities and Exchange Commission (SEC) has announced that Convergex Execution Solutions LLC, now known as Cowen Execution Services LLC, will pay $2.75 million to settle charges that the broker-dealer firm provided the SEC with incomplete and deficient securities trading information known as “blue sheet data.” According to the SEC’s order, for nearly four years…
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Cyprus financial regulator Cyprus Securities and Exchange Commission (CySEC) has announced that it has decided to withdraw the CIF license of a company called Ouroboros Derivatives Trading Ltd. The complete text of the regulator's decision can be seen below: Announcement date: 13.09.2018 CySEC Decision date: 03.09.2018 Regarding: Ouroboros Derivatives Trading Ltd Legislation: The Investment Services…
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