SFC fines
February 14, 2018 BY Valentina Kirilova

SFC reprimands and fines Interactive Brokers Hong Kong Limited $4.5 million

The Hong Kong Securities and Futures Commission (SFC) informed that it has reprimanded and fined Interactive Brokers Hong Kong Limited (IBHK) $4.5 million after resolving concerns over IBHK’s breaches of the Code of Conduct in its execution of market orders using electronic and algorithmic trading systems. The SFC’s disciplinary action followed two market disruption incidents…

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clone firm FCA warning
February 14, 2018 BY Valentina Kirilova

FCA warns against Your Loan Deals clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Your Loan Deals. 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…

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February 14, 2018 BY Valentina Kirilova

ABSA goes live with Finastra PayPlus for CLS

Direct membership of CLS Settlement brings increased efficiency and liquidity as well as reduced settlement risk across the bank’s FX operations Finastra today announced that Absa Bank Limited is using its PAYplus for CLS platform to support the bank’s direct participation in CLS settlement, which provides continuous linked settlement services for the global foreign exchange…

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February 14, 2018 BY Valentina Kirilova

MAS and the Central Bank of Egypt bolster FinTech cooperation

The Monetary Authority of Singapore (MAS) and the Central Bank of Egypt (CBE) announced that they have signed an agreement to strengthen FinTech cooperation between the two countries on 6 February 2018. The Cooperation Agreement was signed at Seamless North Africa 2018 (under the patronage of the CBE), a conference focused on Payments, FinTech and…

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Stock Exchange of Thailand SET
February 14, 2018 BY Valentina Kirilova

SET educates Thai firms on MiFID II, lauhcnes SET Digital Roadshow

The Stock Exchange of Thailand (SET), in collaboration with Thai Investor Relations Club and Thai Listed Companies Association, informed that it holds a seminar “MiFID II: The New Challenges For Thai Capital Market”, in which experts from Bloomberg and Maybank Kim Eng jointly provide information to listed companies about Markets in Financial Instruments Directive II…

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February 14, 2018 BY Valentina Kirilova

GAIN Capital with a positive comment on recent market volatility

GAIN Capital Holdings, Inc. (NYSE: GCAP) has commented on recent market volatility while presenting at the Credit Suisse 19th Annual Financial Services Forum. Here's what Glenn Stevens, GAIN Capital's CEO, said at the Forum yesterday: It is encouraging to see active traders embrace recent market volatility, as uncertainty around the direction of the equities markets…

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