May 11, 2018 BY Valentina Kirilova

FCA warns against CreditMyFunds clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm CreditMyFunds. 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 scam…

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May 11, 2018 BY Valentina Kirilova

New Zealand FMA warns against Managed Forex Hub Limited

The Financial Markets Authority (FMA) has just issued a formal warning to Andrew James Sturge, the sole director and shareholder of Managed Forex Hub Limited (Company Number: 4599319 – removed on 15 December 2017) (MFH), under s 9 of the Financial Markets Authority Act 2011. The complete warning can be seen below: On 12 September…

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May 11, 2018 BY Valentina Kirilova

Licence applicant convicted of providing false information to SFC

The Eastern Magistrates’ Court convicted Mr Lui Ho Yeung after he pleaded guilty to two counts of making false or misleading representations in support of his licence applications to the Hong Kong Securities and Futures Commission (SFC). Lui failed to disclose his previous criminal conviction in his SFC licence applications in 2009 and 2015 respectively.…

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May 11, 2018 BY Valentina Kirilova

Regulated Ethereum futures go live via Crypto Facilities

Cryptocurrency trading platform Crypto Facilities has just announced the launch of futures for Ethereum. The new derivatives contract will start trading at 4pm UK time today. The first Ethereum futures to be offered by a regulated firm, the products will enable market participants to take a long or short position in the cryptocurrency, allowing them to…

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May 11, 2018 BY Valentina Kirilova

Hong Kong SFC CEO reappointed Chair of IOSCO Board

The Securities and Futures Commission (SFC) has just announced that its Chief Executive Officer, Mr Ashley Alder, has been reappointed as Chair of the new Board of the International Organization of Securities Commissions (IOSCO) at IOSCO’s annual conference in Budapest. The SFC’s Chairman, Mr Carlson Tong said: I am delighted with Ashley’s reappointment to chair…

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May 11, 2018 BY Valentina Kirilova

Individual charged with insider trading in Singapore

Following a joint investigation by the CAD and Monetary Authority of Singapore (MAS), civil penalty action has been taken against Ms Kunye Tagi for insider trading in the shares of Genting Singapore PLC (Genting). On 14 May 2015, Genting announced its financial losses for the quarter ending 31 March 2015. Following the financial results announcement,…

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May 11, 2018 BY Valentina Kirilova

Cboe to provide market and trade data to dxFeed Bookmap

Cboe Global Markets, Inc. (Nasdaq: CBOE) has announced that it is now providing its EDGX Depth real-time stock quote and trade information to dxFeed Bookmap, an innovative full order book pattern detection and analysis software. The EDGX Depth feed is a market data product from Cboe Global Markets that provides cost-effective, high-quality quote and trade…

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May 11, 2018 BY Valentina Kirilova

Playkey Tokens (PKT) to debut as payment method by end of May

The international cloud-based gaming platform Playkey has unveiled its plans to integrate its utility token (PKT) payment system for subscriptions into the current cloud-based gaming platform. In addition to the usual fiat payments, the change is set to take place by the end of May 2018. The company plans to utilize the tokens before the…

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May 11, 2018 BY Valentina Kirilova

Optimove acquires email personalization tool DynamicMail

Optimove, makers of the Science-first Relationship Marketing Hub, announced that it acquired DynamicMail business from PowerInbox, a leader in email real-time personalization and dynamic subscriber engagement. The first real digital marketing tool, email is still one of the most effective platforms in relationship marketing. That said, there is a huge opportunity to bring the type…

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