Cboe Global Markets, Inc. (Nasdaq: CBOE) has announced the settlement of the May expiry Cboe bitcoin (XBT) futures, the fifth contract settlement (January, February, March, April) conducted since the contract was introduced last December. The settlement price was $8,238.49, as determined by the 4:00 p.m. ET Gemini1 Exchange bitcoin auction. Cboe bitcoin futures, the first…
Read moreThe Australian Securities and Investments Commission (ASIC) announced that it has permanently banned financial adviser Ezzat-Daniel Nesseim from providing financial services. ASIC found that Mr Nesseim engaged in misleading and deceptive conduct, that he was not of good fame or character, and that he was likely to contravene a financial services law. In the course…
Read moreThe UK Financial Conduct Authority (FCA) has put out details of the cloned firm Clear Loans. 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…
Read moreThe Hong Kong Securities and Futures Commission (SFC) announced that it has reprimanded and fined Citigroup Global Markets Asia Limited (Citi) $57 million after resolving concerns with Citi over its discharge of duties as a sponsor in relation to the listing application of Real Gold Mining Limited (Real Gold). An SFC investigation revealed that Citi…
Read moreCboe Global Markets, Inc. (Nasdaq: CBOE) announced that it has welcomed new issuer Salt Financial, a provider of data, ETF and index products, to the Cboe ETF Marketplace. The Salt truBeta™ High Exposure ETF (Cboe: SLT) is passively managed and the strategy targets magnified exposure to large and mid-cap stocks across a broad range of…
Read moreLeapRate Exclusive... LeapRate has learned that a new EU regulated provider of liquidity and risk management services has launched, based in Cyprus, called INFLYX. Seeking to broaden the scope of liquidity services to Forex and CFD brokers, INFLYX has launched a programme of comprehensive solutions for managing liquidity risk. This programme is intended to minimise exposure…
Read moreUK 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 Potter Consultancy. Potter Consultancy is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
Read moreThe management turnover at forex broker platform and technology provider Leverate is continuing, with the latest senior executive to depart being Ben Richter. Ben Richter had been with Leverate since January 2016, joining as Head of Institutional Sales before being promoted last year to Head of Global Sales. He had joined Leverate after spending eight…
Read moreDeutsche Börse AG has just announced that its shareholders gave their approval to increase the number of Supervisory Board members from 12 to 16. In addition, the following new members were elected for three leaving members of the shareholder representatives: During his professional career in Germany and abroad, Martin Jetter has held various senior roles…
Read moreMulti-asset electronic trading solutions provider smartTrade Technologies has announced the addition of Cryptocurrencies to its FX Trading Platform, LiquidityFX (LFX). The Cryptocurrency market is growing fast, and a large percentage of the current trading volumes is concentrated on the top ten cryptocurrencies, which accounts for about 70% of daily turnover. It is also highly decentralized…
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