The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Rothschild Asset Management. 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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OTC Clearing Hong Kong Limited, a subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX) that was set up in 2013 to provide clearing services for over-the-counter, or OTC, derivatives, just announced that has welcomed Australia and New Zealand Banking Group Limited (ANZ) as a clearing member. ANZ’s membership took effect on 10 July 2017…
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The following article was written by Anya Aratovskaya, VP of Institutional Sales at Advanced Markets and Fortex, Inc. While some industry sources are arguing whether or not MiFID II will dramatically affect the FX industry, most FSA and CySEC licensed FX brokers are rapidly adjusting policies in order to comply with the new requirements. One…
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The Dutch Authority for the Financial Markets (AFM) announced that has imposed an administrative fine of € 10,000 on the Spanish company Lexon Capital S.L. The fine was imposed because Lexon manipulated the prices of four equity funds that are listed on Euronext Amsterdam. Lexon's actions resulted in (potentially) misleading signals with regard to the…
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The Ontario Securities Commission (OSC) has today published OSC Staff Notice 33-748 Annual Summary Report for Dealers, Advisers and Investment Fund Managers. The report provides key information to registrants to help them comply with registration and compliance requirements under Ontario securities law. Current trends in registration, common deficiencies in compliance reviews, and new and proposed…
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The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). Oil prices are having hard time to keep their head above the water. The energy markets were hit by several waves of sell-off since the beginning of the year and the news flow is…
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The U.S. Commodity Futures Trading Commission (CFTC) announced that has filed a civil enforcement action in the U.S. District Court for the Eastern District of New York against Defendants Daniel Winston LaMarco and his company, GDLogix Inc., charging them with off-exchange foreign currency derivatives (forex) fraud, commodity pool fraud, and failure to register with the…
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NEX Group plc (LON:NXG), a financial technology company at the centre of global markets, announces its trading statement for the period from 1 April 2017 to 30 June 2017 ahead of its Annual General Meeting today. Q1 Group revenue up 10% on a constant currency basis NEX Transformation Programme – on track triReduce compression service…
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Bats, a CBOE Holdings, Inc. (NASDAQ:CBOE) company has today welcomed new issuer SportsETFs to the Bats ETF Marketplace with the launch of one fund. The Pro Sports Sponsors ETF (Bats: FANZ) seeks to provide investment results that, before fees and expenses, track the total return performance of the Pro Sports Sponsors Index. The Index is…
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In June, Moscow Exchange’s Indices reflected the negative trend on the Russian stock market. The MICEX Index was down 1.10% to 1,879.50 (from 1,900.38 on 31 May), while the dollar-denominated RTS Index fell 4.97% to 1,000.96 (from 1,053.30). The dollar appreciated 4.55% against the rouble. Volatility decreased, with the Russian Volatility Index falling 13.04% to…
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