The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Gem Loans / Jem 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…
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Forex and commodities broker, HotForex, just announced that has launched the new design of its myHotForex Client Area. HotForex aims to smoothen its traders’ and affiliates’ experience when managing their accounts, making deposits or withdrawals. The new myHotForex area includes: responsive and user-friendly design extra convenient navigation straightforward access to key information fine-tuned functionalities, ease…
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The commodity arm of Deutsche Börse Group, European Energy Exchange (EEX), announced that has reached an agreement in principle with the shareholders of Nodal Exchange Holdings, LLC – a US regulated futures exchange, headquartered in Virginia – on the purchase of all shares. Therewith Nodal Exchange will become part of Deutsche Börse Group. The acquisition…
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The Financial Conduct Authority (FCA) has today published the first of its two consultation papers on the implementation of the Insurance Distribution Directive (IDD). The Insurance Mediation Directive (IMD) was introduced in early 2005 and was designed to encourage competition between insurance firms, as well as ensure appropriate levels of protection for customers, across the…
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The Securities and Futures Commission (SFC) has reprimanded Guangdong Securities Limited (GSL), now known as Sinolink Securities (Hong Kong) Company Limited, and fined it $3 million for failures in complying with anti-money laundering guidelines when handling third party payments. The SFC found that between February 2011 and March 2013, GSL’s internal controls for handling payments…
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What are some of the most important sales and marketing KPIs your FX brokerage should be setting? Adinah Brown, content manager at Leverate, explains. Operating a Forex brokerage is not much different than operating any other business; the success or failure of it relies largely on your acquisition numbers, for which marketing is mostly responsible, and…
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Five BlackRock Institutional Cash Series plc money market funds are tradable on Xetra From today on money market funds with a shorter settlement period of T+1 are tradable via Xetra, Deutsche Börse just announced. These products are therefore the first class of securities for which transactions are settled on the trading day following order execution.…
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The following article is based on research by Marshall Gittler, Head of Investment Research for FXPRIMUS. FXPRIMUS Week in Focus for the week beginning 6 March: People’s Congress, ECB & RBA meetings, UK Budget, US NFP It’s a week filled with important events and indicators from all over the globe. The week’s events started Sunday…
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After completing its acquisition of Bats Global Markets, Inc. (Bats: BATS), the Chicago Board Options Exchange CBOE Holdings, Inc. (NASDAQ: CBOE) reported February monthly trading volume and average revenue per contract (RPC) data on its website. The data sheet "CBOE Holdings Monthly Volume & RPC Report" contains a complete overview of February trading volume for…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Mr Instant Cash. 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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