The move into summer months did not seem to slow down the stream of Forex Industry News this past week, with all the top stories once again appearing exclusively (or first, before being copied elsewhere) at LeapRate. We exclusively reported on Turkey's ban on accounts and trading with foreign Forex brokers, on GKFX's second major…
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The following article was written by Jens Chrzanowski, Member of the Management Board of Admiral Markets Group AS. Hello, It’s summertime, and also a US holiday this week… So not too much going on in the markets, so today I’d like to write about something related to trading… Trading movies! If you’re struggling with the heat,…
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The International Organization of Securities Commissions (IOSCO) has published today the consultation paper titled Recommendations of Liquidity Risk Management for Collective Investment Schemes, which seeks to address structural vulnerabilities arising from asset management activities, as part of its mission to protect investors and mitigate systemic risk in global financial markets. IOSCO also published today another…
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The European Securities and Markets Authority (ESMA) has issued a public consultation regarding its future technical advice to the European Commission (EC) on the Short-Selling Regulation (SSR). ESMA publishes this consultation paper to seek the views of market participants on the three main elements of its advice to the EC: the scope and functioning of…
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An ASIC investigation of a number of advice licensees within the National Australia Bank Group (NAB Group), for failing to disclose relationships between advisers, advice licensees, and other members of the NAB Group that issue investment products, has resulted in corrective disclosure being made to customers. The non-disclosure occurred when customers were advised to acquire…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm 53 Capital Trade. 53 Capital Trade is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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The Hong Kong Securities and Futures Commission (SFC) has issued a Restriction Notice on W. Falcon Asset Management (Asia) Limited (W. Falcon) to safeguard the assets of the firm and its clients, and to protect the interest of its clients and the investing public. The restriction notice is to prohibit the firm, without the SFC’s…
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Financial Stability Board reinforces latest Saxo Payments White Paper Research The findings from the latest Financial Stability Board (FSB) underlines the ongoing challenges faced by businesses, when trading internationally, reinforcing the findings produced in Saxo Payments White Paper Cross Border Payments for Cross Border Merchants – An Internationally ‘Local’ Future – published last week. Anders…
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The Stock Exchange of Hong Kong Limited (the Exchange), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), announced the appointment of members to the Listing Committee of the Main Board and Growth Enterprise Market (GEM) (together, the Listing Committee). The Listing Rules of the Main Board and GEM provide for all Listing…
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Phillip Futures, member of the PhillipCapital Group based in Singapore, has started to offer the MetaTrader 5 platform to their clients, MetaQuotes anounced earlier today. This makes the futures and forex broker the first in Singapore to adopt the new-generation multi-asset trading platform. The key feature of MetaTrader 5, other than its multi-asset capability, is…
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