Geneva based Retail Forex broker Dukascopy Bank is warning that there is a clone of the company's site operating from dukascopi.com. This website pretends to offer Forex, CFD and commodities trading from Switzerland at almost same address as Dukascopy Bank. The clone is showing a "Main Office" address of Route de Pre-Bois 22, ICC, Entrance, Geneva 15, Switzierland…
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Belgium's financial regulator FSMA has issued a warning against nine Binary Options brokers which are unlawfully offering binary options to Belgian retail traders. Any company wishing to offer investment products in Belgium must hold an authorization. However, since August 18, 2016, no investment firm (authorized or not) is permitted actively to distribute binary options within the territory of Belgium.…
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Gain Capital Holdings Inc (NYSE:GCAP), the parent company of Retail FX broker Forex.com and institutional FX platform GTX, looks to be gearing up for more acquisitions as the company has announced plans to raise an additional $80 million in a convertible note offering. LeapRate readers will recall that this isn't the first time that GAIN…
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Barclays (LON:BARC) announced it has appointed Barry Rodrigues as Chief Executive Officer of Barclaycard International. Mr. Rodrigues will be based in New York and join the Barclays International Executive Committee, reporting directly to Tim Throsby, President, Barclays International and CEO, Corporate and Investment Bank. Mr. Rodrigues joined Barclays following six years at Citi where he…
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UK capital markets technology outfit Options just announced a significant investment by Bregal Sagemount, a New York-based private equity firm focused on growth-oriented investments. The transaction, which sees Bregal Sagemount invest nearly $100 million in Options, will enable the firm’s executive team to pursue strategic growth initiatives, invest further in platform innovations, and expand Options’…
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Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, has launched the first of its kind Foundations regime in support of more effective structures for wealth preservation and wealth management. The ADGM Foundations regime provides a strategic platform for financial planning and structuring, serving as an alternative to trusts and corporate vehicles.…
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The NZX Ltd (NZE:NZX) today announced the appointment of David Flacks as the independent Chair of NZX’s Regulatory Governance Committee (RGC). Mr Flacks will replace the Committee’s current Chair, Derek Johnston, effective 1 September 2017. The term of the appointment is two years. The RGC assists the NZX Board in fulfilling its governance responsibilities in…
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The National Securities Market Commission (CNMV) publishes the following list of warnings reported on unregistered entities that were received through international supervisors (in this case - the UK financial regulator Financial Conduct Authority (FCA)): Paramount Law Boston, operating at www.paramountlawboston.com Money Solutions UK Higa and Partners, operating at www.HigaandPartners.com Kleinwort Benson (Ventures),operating at www.kwbenson.com, and The…
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The Malta Financial Services Authority (MFSA) has just issued an administrative measure against P.D.K. Financial Services Limited (the Financial Institution) for failure to communicate with the Authority and to submit its audited financial statements within the stipulated timeframes. P.D.K. Financial Services Limited has been directed to: make immediate contact with the Authority, preserve and safeguard…
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Brian Quintenz was officially sworn in today, after being unanimously confirmed by the U.S. Senate on August 3, to serve as a Commissioner of the U.S. Commodity Futures Trading Commission (CFTC), the federal agency that oversees the commodity futures, options and swaps industry. His term expires in April 2020. I’m deeply honored to be sworn…
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