clone firm FCA warning
May 17, 2017 BY Valentina Kirilova

FCA warns against Pioneer Asset Management clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Pioneer Asset 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 part of their tactics…

Read more
WFE World Federation of Exchanges
May 17, 2017 BY Valentina Kirilova

World Federation of Exchanges responds to EC’s consultation on operations of European Supervisory Authorities

The World Federation of Exchanges (WFE), which represents more than 200 market infrastructure providers including exchanges and CCPs, has responded to the European Commission's Public Consultation on The Operations of the European Supervisory Authorities (ESAs). While the consultation has an EU focus, there are some items that are relevant to the WFE's international membership, therefore…

Read more
May 17, 2017 BY FxPro

WTI Below $50 Ahead of EIA Inventory Data

There are two upcoming events that are expected to impact the price of Oil; firstly, the Iran presidential election will be held this Friday, May 19th and secondly the OPEC meeting will be held on May 25. The result of the Iran presidential election and the associated geo-political risks will likely affect its oil supply.…

Read more
May 17, 2017 BY Valentina Kirilova

NEX Optimisation appoints Goldman Sachs Colin Murphy as Chief Commercial Officer

NEX Optimisation, which helps clients reduce complexity and optimise resources across the transaction lifecycle, announced today that it has appointed Colin Murphy as Chief Commercial Officer of NEX Optimisation which incorporates Head of Sales for NEX Regulatory Reporting. Colin joined NEX Optimisation on 15 May 2017. Launched in March 2017, NEX Regulatory Reporting is a…

Read more
May 17, 2017 BY Valentina Kirilova

GKFX launches GKPro leveraged FX and CFD institutional platform based on TradAir

TradAir, the global provider of trading technology solutions for banks, brokers, prime of primes and regulated marketplaces, announced that FCA regulated broker GKFX, are now live with TradAir’s new high-performance Margin/Credit FX-CFD Trading Platform. Margin/Credit FX-CFD Trading Platform is developed in response to demand from institutional brokers, for a margin and credit solution in one…

Read more
May 17, 2017 BY FxPro

USD Hit Post Election Low on Trump’s Russia Leak Scandal

It was widely reported that President Trump shared highly sensitive information with the Russia Ambassador at a recent meeting at the White House putting further pressure on USD. During today’s early European session the dollar index hit the lowest level of 97.74 last seen back in November 2016, EUR/USD traded as high as 1.1121 a…

Read more