The UK Financial Conduct Authority (FCA) has put out details of the cloned firm PDL Finance. 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 to…
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ASIC announced that has today accepted an enforceable undertaking (EU) from Macquarie Bank Limited (ASX:MQG) in relation to the bank’s wholesale foreign exchange (FX) businesses, following an ASIC investigation. ASIC is concerned that the bank failed to ensure that its systems and controls were adequate to address risks relating to instances of inappropriate conduct identified…
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LeapRate Exclusive... Times are clearly not easy at retail forex broker FXCM, or at its (50.1%) parent company Global Brokerage Inc (NASDAQ:GLBR). Trading volumes are down at FXCM. The company has large financial obligations to Leucadia National Corp (NYSE:LUK) and to its convertible bond holders, who may be able to force the company into an event of…
Read morePublished on 18.05.2017 22:49 The British pound broke through the $1.30 mark today, its highest level in 8 months and some believe that now the physiological barrier has been broken, we may see further gains. At 8.26pm (GMT) the British currency was trading at $1.2940 after reaching a high of $1.3048 earlier in the trading…
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The service has officially launched in the US, Canada, Australia, and the UK, and will be expanding to additional countries in the near future. OANDA, one of the world’s largest providers of multi-asset trading services and foreign exchange solutions for individuals and businesses, today announced that it has teamed up with The Western Union Company…
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The UpTrader integrator announced that has launched a portfolio of ready-made solutions for companies offering the latest-generation multi-asset platform Meta Trader 5. UpTrader is a technology provider with 10 years of experience creating products that comply with specific requirements set by brokers. The company offers a wide range of modules and individual solutions necessary for…
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NZD/USD has seen a substantial 6.22% retracement since February 7. Since the end of April, the downtrend has held above a significant support line at 0.6800, suggesting the bearish momentum has been waning. The price further broke the next psychological level at 0.6900 on Wednesday, as a result of the weakening of USD caused by…
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The European Securities and Markets Authority (ESMA) has published a Follow-up Report on the actions undertaken by ten National Competent Authorities (NCAs) in addressing deficiencies identified in the 2014 Peer Review on MiFID Conduct of Business rules relating to fair, clear and not misleading information (2014 Review). ESMA welcomes the efforts made by most of…
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IPC Systems, Inc., a global provider of secure, compliant communications and networking solutions for the financial markets community, today announced a collaboration with OneAsia, a provider of connectivity, data centre, managed cloud and technology infrastructure services in Asia, to equip investors around the world with the connectivity and technology critical for reliable, secure participation in…
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The Cyprus Securities and Exchange Commission (CySEC) announced that, on 27th April 2017, the CIF HiwayFX parent Lucro Capital Ltd renounced its authorisation, pursuant to section 24(1)(b) of the Investment Services and Activities and Regulated Markets Law of 2007, as in force (the ‘Law’). Therefore, the CIF authorisation with Νumber 252/14 lapsed as from the…
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