Following an ASIC investigation, Mr Shun Yuen Ken Li (also known as Leo Lee), of Roseville Chase, New South Wales has pleaded guilty in the Downing Centre Local Court on two charges of dishonestly using his position as an employee. Mr Li, 37, is accused of using his position as an employee of the Australia…
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Continuing its string of warnings against unregulated brokers and other scams targeting retail traders in Canada, Canadian securities regulator the British Columbia Securities Commission (BCSC) has added to its Investment Caution List binary broker BinaryOnline at website binaryonline.com, owned and operated by Zola Ltd. According to the BCSC, BinaryOnline claims to be a binary options trading…
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Cyprus regulated brokerage FIBO Group today announced that with the help of the Skrill payment system, the company has implemented an automatic deposit of funds option. Automatic deposit of funds to trading accounts is now available for all FIBO Group clients if the email address in Skrill's system and in the Fibo Group Client Cabinet is…
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Instinet today announced that it successfully integrated U.S. equity research and sales into its cash equities platform, creating a multi-sector boutique research offering. Instinet initially announced its intent to offer U.S. equity research and sales services in June of 2016. Mark Govoni, President of Instinet stated: This strategic move is aligned with a number of…
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The U.S. Commodity Futures Trading Commission (CFTC) today announced that on December 9, 2016, the Honorable Sara L. Ellis of the U.S. District Court for the Northern District of Illinois issued an Opinion and Order (Order) finding that Defendant Yumin Li stole in excess of $300,000 from Li’s former employer by trading the employer’s account…
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The European Securities and Markets Authority (ESMA) has today added ICE Clear US to its list of recognized third country central counterparties (CCPs) under the European Markets Infrastructure Regulation (EMIR). EMIR requires EU-based CCPs to be authorized and non-EU CCPs to be recognized in the European Union (EU). Once a CCP has been authorized or recognized within…
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Continuing its string of warnings against unregulated brokers and other scams targeting retail traders in Canada, Canadian securities regulator the British Columbia Securities Commission (BCSC) has added to its Investment Caution List binary broker BSDOption at website bsdoption.com, operated by Lybss Ltd. and owned by YDBM Ltd. According to the BCSC, BSDOption claims to be a…
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New York-based LiquidityBook, a fintech provider of trading and messaging solutions today announced that it has successfully integrated FactSet’s real-time global exchange, reference and benchmark data within both the Buy-Side LBX and Sell-Side LBX POEMS (portfolio, order and execution management system) platforms. The data can be leveraged globally across all asset classes supported by LiquidityBook —…
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Z.com, the FCA regulated brokerage arm of Japan’s largest retail forex broker GMO Click Holdings Inc (TYO:7177), has issued a warning that there may be some websites which are not operated or affiliated with the company which are potentially intended for the purposes of fraudulently obtaining client information, also known as 'phishing'. Z.com advises clients…
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Duco, the global fintech provider of data control services, today announced a new agreement with Currencycloud, the international Payments Engine behind a number of leading payment firms. Currencycloud will use Duco Cube's self-service data control platform, for a variety of operational functions including cash, trade-to-cash, and bank cash flow reconciliations. In addition to Currencycloud, Duco…
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