The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). In an exponential fashion, the Australian dollar gained more than 10% against the US dollar since May. The recovery in the Chinese data, combined with a flattening US yield curve brought the carry traders…
Read more
The Board of the International Organization of Securities Commissions (IOSCO) has published its Assessment Committee’s Thematic Review of the Adoption of the Principles set forth in IOSCO’s Report: Recommendations Regarding the Protection of Client Assets (the Principles). The thematic review identifies the implementation progress of 38 IOSCO members from 36 jurisdictions in adopting legislation, regulation…
Read more
New York-based LiquidityBook, a fintech provider of trading and messaging solutions, has just announced the appointment of industry veteran Andrew Carroll as Chief Architect. Mr. Carroll, who will report to CTO Shawn Samuel, will be responsible for the technology architecture of the firm’s SaaS-based platform. He is LiquidityBook’s third major hire in as many months, joining…
Read more
Along with its revenue report, FCA regulated online CFD brokerage house CMC Markets Plc (LON:CMCX) has announced today two additions to its board of directors. It is proposed that Clare Salmon and Paul Wainscott join the Board as a Non-Executive Directors, subject to FCA approval. Clare Salmon has held a broad variety of international leadership…
Read more
Bursa Malaysia Berhad just announced it has started using the Real-time Electronic Transfer of Funds and Securities System (RENTAS) for settlements of payments on Bursa Malaysia Derivatives Clearing Berhad (BMDC). The change to RENTAS will ensure greater efficiency and resilience of the settlements payments mechanism. With the adoption of RENTAS, BMDC can now use the…
Read more
The Eastern Magistrates’ Court today convicted Ms Yan Ching Ching after she pleaded guilty to three counts of making false or misleading representations in support of her licence application to the Hong Kong Securities and Futures Commission (SFC). Yan, among other things, failed to disclose her previous criminal convictions in her SFC licence application in…
Read more
The UK Financial Conduct Authority (FCA) has put out details of the cloned firm AMC Capital Invest / AMC Capital 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…
Read more
New benchmarks ensure regular, accurate and reliable price information for all major currency pairs NEX Data, a NEX Group (LON:NXG) business which delivers independent market intelligence and price information for OTC data, announced today the launch of the ‘EBS FX Benchmarks’, a series of 30-minute FX fixings. The new fixings went live on 26 July…
Read more
FCA regulated online CFD brokerage house CMC Markets Plc (LON:CMCX) has today issued its Interim Management Statement for the Q1 2018 period, from 1 April to 30 June 2017. Revenues have increased during Q1 2018 compared to the same period in 2017 to be in-line with the more normalised conditions seen during H2 2017. CMC…
Read more
Qatar Financial Markets Authority (QFMA) has approved a proposal not to suspend trading on the shares of the companies listed on the Qatar Stock Exchange on AGM days as of January 1st, 2018. The QFMA approval included a set of procedures to be followed in implementing the decision in terms of identifying the shareholders eligible…
Read more