Israel’s ISA pulls investor awareness ads following Binary Options ties to campaign celebrity Pini Gershon LeapRate

Pini Gershon binary options

January 25, 2018 BY LeapRate Staff

Israel's ISA pulls investor awareness ads following Binary Options ties to campaign celebrity Pini Gershon

Israeli financial regulator the Israel Securities Authority (ISA) has come under scrutiny once again due to Binary Options, but this time from a different angle. After more than a year of public and media pressure for the ISA and its then-Chairman Shmuel Hauser to "do something" about the rash of Binary Options brokers based in…

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January 25, 2018 BY Valentina Kirilova

GLMX electronic repo marketplace raises $20 million in growth equity financing

GLMX, a comprehensive technology solution for the trading of repurchase agreements ("repo") and secured lending, just announced that it has raised $20 million in growth equity financing. The investment will help the firm expand its operations into major European markets and bolster its engineering team following a record year in which its client base doubled,…

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January 25, 2018 BY Valentina Kirilova

JHC hires ex-Dion Head Ron Tomlinson to bolster development delivery

Wealth management fintech firm JHC Systems (JHC), has hired Ron Tomlinson as Head of Solutions Development. Formerly Global Head of Development of Wealth and Post Trade at Dion, Ron brings unrivalled experience heading up wealth management product development teams. He will report to Chief Financial Officer, Gareth Anderson. Tomlinson’s varied career has given him an…

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ASEAN Exchanges

January 25, 2018 BY Valentina Kirilova

Solactive launches Sustainability Index Europe developed with Deutsche Bank

Solactive today announced the launch of the Solactive Sustainability Index Europe, which was developed with Deutsche Bank, and is designed to track the performance of environmentally and socially responsible European companies, based on the data-driven platform Arabesque S- Ray®. Arabesque S-Ray® is the first tool of its kind that uses machine-learning and algorithm- based technology…

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January 25, 2018 BY Valentina Kirilova

Bcause announces board election results for first full-stack cryptocurrency ecosystem

Bcause LLC, creator of the first full-stack cryptocurrency ecosystem, announced today the results of its Board of Managers and Chairman elections certified at its Board meeting last night. Members of the Board of Managers elected Karan Rai as the new Chairman of the Board. Shareholders of the privately held company elected five new directors –…

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ASIC office

January 25, 2018 BY Valentina Kirilova

ASIC takes action against payday lending companies for unpaid fines

ASIC just announced that it has commenced proceedings for recovery of unpaid fines against Fast Access Finance Pty Ltd, Fast Access Finance (Beenleigh) Pty Ltd and Fast Access Finance (Burleigh Heads) Pty Ltd (the FAF Companies). In March 2017, the Federal Court fined the FAF Companies a total of $730,000, after finding in proceedings brought…

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January 25, 2018 BY Valentina Kirilova

FCA fines Interactive Brokers (UK) Ltd £1,049,412 for poor market abuse controls

The Financial Conduct Authority (FCA) informed that it has today imposed a financial penalty on Interactive Brokers (UK) (IBUK) in the amount of £1,049,412 for failings in its post-trade systems and controls for identifying and reporting suspicious transactions in the period February 2014 to February 2015 (“the Relevant Period”). IBUK is an online broker based…

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If Russia ends its ‘Love-Hate’ of cryptos, can it be the ‘King of Blockchain’?

January 25, 2018 BY Valentina Kirilova

Russia’s Ministry of Finance to regulate cryptocurrency transactions

Russia’s finance ministry shared information on its official website that it is working on legislation that would regulate cryptocurrency transactions without fully banning them, although it would not let digital FX be used as a payment in Russia. The draft law is said that will also regulate issues related to public raising of funds, cryptocurrencies…

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UN report says North Korea laundered $2 billion theft via Hong Kong firm

January 25, 2018 BY Valentina Kirilova

SFC to disqualify former chairman of Pearl Oriental Oil Limited for six years

The Hong Kong Securities and Futures Commission (SFC) has obtained an order in the High Court to disqualify Mr Fan Di, former chairman, president and executive director of Pearl Oriental Oil Ltd (Pearl Oriental) for defalcation, misfeasance and other misconduct towards the company. The Honourable Mr Justice Godfrey Lam granted the order to disqualify Fan…

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Kyber Network opens to become the VISA for cryptocurrency

January 25, 2018 BY Valentina Kirilova

GMEX launches Fusion - integrating centralised and blockchain technologies

In response to changing global market drivers and technical innovation, GMEX Technologies Ltd (GMEX), a provider of multi-asset exchange and post-trade business and technology solutions announced GMEX Fusion, a unique integrated centralised and distributed solution set. GMEX Fusion combines the established GMEX centralised technology– currently live in multiple exchanges and post trade venues, such as…

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