SIX Exchange Regulation announced that it has reached an agreement with HOCHDORF Holding AG in connection with a breach of the accounting standards (Swiss GAAP FER) in the 2017 interim financial statements. The identified deficiencies relate to the treatment of a mandatory convertible bond. As part of the agreement, the company has committed itself to…
Read moreThe UK Financial Conduct Authority (FCA) has put out details of the cloned firm Absolute Capital Returns. 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…
Read moreCLS, a market infrastructure group delivering settlement, processing and data solutions, and NEX (LON:NXG), a financial technology company at the centre of the global markets, announced today that they are extending the triReduce CLS FX service to third parties. Banks, funds, non-bank financial institutions and multinational corporations that settle in CLSSettlement through a settlement member…
Read moreTradeStation Securities, Inc., a fully owned subsidiary of Monex Group, Inc. (TYO:8698), and ClickIPO Securities, LLC have just announced that are making the ClickIPO platform available to eligible TradeStation clients so they may gain access to ClickIPO’s marketplace of initial public offerings, secondary offerings and follow-on offerings (collectively, “Public Offerings”). The ClickIPO app for iOS…
Read moreSirin Labs and FIH Mobile have just announced that they will debut the design and manufacturing of FINNEY™, the world’s first blockchain-based smartphone. In December of 2017, Sirin Labs raised $157.8M for the development of the FINNEY™ family of consumer devices, which will include a smartphone and all-in-one PC. FINNEY™ devices are embedded with a…
Read moreThe Securities Commission Malaysia (SC) has announced that Prime Minister Y.A.B Dato' Sri Mohd. Najib bin Tun Haji Abdul Razak in his capacity as Minister of Finance has appointed Datuk Zainal Izlan Zainal Abidin as the SC’s new Deputy Chief Executive (DCE) which takes effect from 5 April 2018. Datuk Zainal Izlan replaces Dato’ Ahmad…
Read moreE-banking and international payments group FairFX Group (LON:FFX) has announced the achievement of two further milestones as part of its digital banking strategic plans, with the commencement of self-issuance of Mastercard branded cards and launching a commercial finance capability to its business banking customers. Self-issuance allows the Group to consider multiple options for issuance of…
Read moreThe U.S. Securities and Exchange Commission (SEC) has issued an Investor Alert warning investors of fraudsters claiming to be SEC employees in an attempt to trick investors into sending money or revealing sensitive account information. The alert makes clear that the SEC does not contact investors to confirm trades, set up trading accounts, or record the details…
Read moreThe following article was written by Reem Aboul Hosn, Research and Market Analyst Officer at Credit Financier Invest (CFI) Ltd. What triggered the sell-off in Oil prices earlier this week? One possible response is the impact of US policies on markets, and concerns about growth in global trade. Tariff Tensions In the latest escalating U.S.-China…
Read moreLeapRate has learned via regulatory filings that FCA regulated Retail Forex and CFDs broker Hantec Markets saw a decline in activity in its 2017 fiscal year (ended June 30, 2017), reversing the growth trend of the previous year. After seeing Revenues grow 62% the previous year, Hantec's Revenues declined by 33% in 2017 to £3.8 million (USD $45.4…
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