The Financial Conduct Authority (FCA) earlier has today published the final findings of its asset management market study and announced the package of remedies it will take forward to address the concerns identified in its interim report into the sector. Here's what Ian Peacock, Head of UK and Ireland at IG Group Holdings plc (LON:IGG), has to…
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The AMF and the ACPR are publishing a list of new websites and entities offering investments on the unregulated foreign exchange (Forex) market in France, without authorisation to do so. Here is the list of new websites recently identified: www.x90.com / X90 www.mt4invest.com / MT4 INVEST www.gss-fi.eu / GSS FINANCIAL www.boomforex.net / BOOM FOREX www.promfx.com…
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Visa (NYSE:V) and Klarna just announced they have reached an agreement for Visa to invest in Klarna, and intend to develop a future strategic partnership. Klarna is an online payments companies, serving 60 million consumers and 70,000 retailers. The equity investment and planned partnership demonstrate Visa and Klarna’s shared vision to accelerate online and mobile…
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LeapRate Exclusive... LeapRate has learned that CySEC regulated binary options broker Anyoption is, well, on its way to no longer being a binary broker. Sources inform LeapRate that the company has apparently taken the strategic decision to abandon binary options, in favour of building out its offering of FX pair and CFD trading. The company…
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Tata Consultancy Services to provide Canada's premier exchange, depository and clearing group with a new consolidated technology platform TMX Group (TSX:X) today announced the company has chosen Tata Consultancy Services (TCS), (BSE: 532540, NSE:TCS), an IT services, consulting and business solutions organization, to implement a single, integrated technology platform for Canada's clearing and settlement businesses.…
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The Financial Conduct Authority (FCA) has today published the final findings of its asset management market study and announced the package of remedies it will take forward to address the concerns identified in its interim report into the sector. Andrew Bailey, Chief Executive at the FCA said: The asset management sector is important to the…
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Derivatives marketplace operator CME Group Inc (NASDAQ:CME) announced today it has received regulatory clearance from the Commodity Futures Trading Commission (CFTC) to provide clearing services for over-the-counter FX options. This is a significant milestone in providing our FX clients with the broadest and most capital efficient FX clearing solution in the market," said Paul Houston,…
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The Board of the National Securities Market Commission (CNMV) announced that has approved, at its meeting held today, the voluntary takeover bid for the shares of Clínica Baviera, S.A. submitted by Aier Eye International (Europe), S.L.U. The offer is aimed at 100% of the share capital of Baviera composed of 16,307,580 shares of 0.10 euros…
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The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and settling charges against Huafu HK Co. Ltd. (Huafu), a corporation based in Hong Kong, for failing to file CFTC Form 304 reports, reporting its call cotton purchases and sales when it held or controlled at least 100 cotton futures positions. The CFTC…
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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). The Bank of England’s (BoE) Financial Stability Report revealed that Governor Mark Carney is moving toward macro-prudential measures to temper the UK’s rising inflationary pressures within the ‘Brexit reality’. Mark Carney can no longer…
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