The Court of First Instance has dismissed the appeal of Hong Kong Game Theory Association Limited (Hong Kong Game Theory) and its sole director Mr Sze Ching Lok against their convictions for carrying on a business in advising on futures contracts without a licence, Hong Kong SFC announced earlier today. In dismissing the appeal, Deputy…
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The U.S. Commodity Futures Trading Commission (CFTC) has announced that it entered into non-prosecution agreements with Jeremy Lao of New York, Daniel Liao of Minato-Ku, Japan, and Shlomo Salant of New York. In their non-prosecution agreements, Lao, Liao, and Salant each admits that he engaged in the unlawful disruptive trade practice of “spoofing” (bidding or offering with…
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The U.S. Commodity Futures Trading Commission (CFTC) has announced the filing and simultaneous settlement of charges against Rosenthal Collins Capital Markets, LLC, now known as DV Trading LLC (RCCM), of Chicago, Illinois, for engaging in illegal wash sales in order to generate rebates of exchange fees based upon increased trading volumes. The CFTC Order requires RCCM to…
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FactSet, a global provider of integrated financial information, analytical applications, and industry-leading services has selected ChartIQ to standardize its HTML5 charting technology across FactSet’s web, desktop, and mobile platforms. This updated HTML5 toolkit will enhance FactSet users’ ability to work with, manipulate and manage their data, effortlessly build reports, and combine commercial data with their…
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FCA regulated Forex and CFD broker Plus500 Ltd (LON:PLUS) has indicated that in accordance with the terms of its Share Buyback Programme announced on 2 June 2017, the Company acquired 22,000 ordinary shares of ILS 0.01 each in the capital of the Company ("Shares") on 28 June 2017 at a price of 548.68 pence per…
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Hong Kong Exchanges and Clearing Limited (HKEX) and The Chinese Gold and Silver Exchange Society (CGSE) signed a Memorandum of Understanding (MOU) to consider cooperation on matters ranging from product promotion to storage vaults. Christopher Hui, Managing Director for Market Development and Head of Project Management at HKEX, and Brian Fung, Chief Executive Officer at…
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Toronto Stock Exchange (TSX) today provided an update on the progress of TSX NAVex, its centralized mutual fund solution. Across the mutual fund industry, interest continues to grow as Canadian dealers and fund providers converge on the platform in preparation for trading. TSX NAVex recently welcomed National Bank of Canada and the National Bank Correspondent…
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The Autorité des marchés financiers (AMF) is publishing another warning list in just two days, this time of new websites offering binary options trading, for which no authorized investment services provider could be clearly identified. Here is the list of new websites recently identified: www.cbf-financial.com www.toro-next.com www.easygestions.com www.4u-groups.com www.luxembourg-capital-finance.com A list of all unauthorized sites…
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Bats, a CBOE Holdings, Inc. (NASDAQ:CBOE) company, and a market for exchange-traded products (ETP) trading globally, announced that has welcomed a new TrimTabs’ ETF to the Bats ETF Marketplace. The TrimTabs All Cap International Free-Cash-Flow ETF (Bats: TTAI) will seek to generate long-term returns in excess of the total return of the S&P Developed ex-U.S.…
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The Securities and Exchange Commission (SEC) announced that has charged a Canadian-based oil and gas company and three of its former top finance executives for their roles in an extensive, multi-year accounting fraud. The SEC's complaint alleges that Penn West Petroleum Ltd., which has since been renamed Obsidian Energy Ltd., fraudulently moved hundreds of millions…
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