The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Low Rate Loans. 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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ASIC announced that has commenced proceedings in the Federal Court of Australia to wind up a land banking scheme known as the VKK Investments Unit Trust (VKK scheme), as well as the trustee and operator of the scheme, Gem Management Group Pty Ltd (Gem). The VKK scheme owns land located at 64 Hutton Road, Keysborough…
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The following article was written by Tony Chrystopher, Financial Analyst at UFX.com’s Trading Support Center. UFX.com Weekly Market Review – Sunday, July 16, 2017 Here are some of the major financial events of the past week and how they affected the global currency and commodity markets. The EUR/USD rose by 0.63%, closing the week at…
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Hardly a week of Forex Industry News goes by without word of significant regulator action in one place or another. Two weeks ago it was the FCA delaying its proposed CFD trading rules. Last week it was our exclusive report on Turkey banning foreign FX brokerage accounts. And this week did not disappoint as well,…
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LeapRate Exclusive... LeapRate has learned that FCA regulated retail FX and CFDs broker GKFX has added Rod Martenstyn as its new CFO. Rod Martenstyn joins GKFX from Finsa Europe Ltd, the parent company of spread betting and CFD trading brokerage Core Spreads, where he held a similar role. Mr. Martenstyn has also resigned from the board of…
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The forces behind currency markets, and what makes them tick, is always an interesting topic. Currency movements affect every part of society, from travellers to financiers, writes FXTM Head of E-Commerce, Nandik Barbhaiya. The strength of a country’s currency is often in direct proportion to their fiscal health and political stability, and this is why…
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The following article was written by Jens Chrzanowski, Member of the Management Board of Admiral Markets Group AS. Hello, The talk of the town, or at least the talk of traders’ town, is clearly about cryptocurrencies these days – especially the BIG FOUR – Bitcoin, Ether, Litecoin, and Ripple. Everyone is into buying or trading them,…
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37 Issuers, 191 Funds Now Listed on Bats in the U.S. Bats, a CBOE Holdings, Inc. (NASDAQ:CBOE) company, and the market for exchange-traded product (ETP) trading globally, announced that besides the two new PowerShares funds, and the iShares funds, has welcomed one more issuer OppenheimerFunds to the Bats ETF Marketplace, with the listing of three…
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Malaysia, widely acknowledged as being in the forefront of Islamic finance, announced that is taking the lead in promoting the sustainable and responsible investing (SRI) proposition based on its shared values with Islamic finance. As part of initiatives to generate greater awareness on responsible investing, Securities Commission Malaysia (SC) and Bursa Malaysia co-hosted the Responsible…
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After imposing a fine on CybAero amounting to three annual fees just yesterday, the Disciplinary Committee of Nasdaq Stockholm announced that has found that Skandinaviska Enskilda Banken AB (SEB) has breached Nasdaq Stockholm’s Rule Book for Issuers (“the Rule Book”) and, accordingly, has ordered SEB to pay a fine of one annual fee, corresponding to…
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