Eze Investment Suite to power operations for USD100M start-up Eze Software, a global provider of investment technology, announced that it has signed on QQQ Capital Pte Ltd., Singapore’s new long-term value hedge fund manager, to use Eze Investment Suite to automate its operations. QQQ Capital will be launching the QQQ Capital Feeder Fund, a USD100…
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Bitcoin has been popular in Japan for quite some time. A lot of Japanese companies are now paying salaries in Bitcoin. And now, as of January 2018, Yamada Denki, one of the biggest consumer electronics chains in Japan, announced that it is going to start accepting bitcoin payments at two of its largest stores in Tokyo.…
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It is very much a buyer-beware world in the game of ICOs. The U.S. Securities and Exchange Commission (SEC) announced that it has obtained a court order halting an allegedly fraudulent initial coin offering (ICO) that targeted retail investors to fund what it claimed to be the world’s first “decentralized bank.” According to the SEC’s…
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New York-headquartered EM4X, an emerging markets multi-asset and multi-currency trading platform, has announced it has entered into an agreement with Celer Technologies Limited, under which Celer will provide EM4X with its front office Execution Management System, covering multiple GUIs, OMS and their proprietary APIs for optimal speed, along with efficient back office solutions to support the growth…
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Assetz Capital, one of the UK’s largest Peer-to-Peer platforms, just announced it has launched its Innovative Finance ISA (IFISA). IFISA is available as a wrapper on all automated investment accounts, with the Manual Lending Account also set to be allowed into the ISA in early 2018. In a change with convention in the marketplace, this…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Multi Month 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…
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Payments provider Klarna has announced a partnership with Maplin – the UK’s specialist technology retailer. Maplin customers will now be able to use Klarna’s Pay later and Slice It services, allowing them to order online and receive the very latest Smart Home tech, security/CCTV products, top quality drones and so on, and then pay for…
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The Securities and Futures Commission (SFC) today issued a circular setting out guidance on the standards of conduct and internal controls the SFC expects of licensed corporations (LCs) in delivering best execution. This follows a thematic review of selected LCs which assessed the effectiveness and adequacy of arrangements for delivering best execution. The circular reminds…
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Dubai Financial Market (DFM) announced that it has today launched a first-of-its-kind Brokers Excellence Rating initiative as part of its constant efforts to promote service excellence. The Rating will be implemented in cooperation with Dubai Economy in order to assess excellence of services provided by DFM-licensed brokerage firms to their clients and their achievements in…
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FCA regulated FX and CFDs broker ActivTrades has issued its comments on pan European regulator ESMA's proposal to limit CFD trading leverage to 30x. ESMA's proposals are now in the public consultation phase, with repsonses due by next week, February 5. Similar to the reaction and analysis of (most) other leading regulated brokers, ActivTrades believes…
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