UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Metro Loans UK Ltd. Metro Loans UK Ltd is not authorised by the FCA but has been targeting people in the UK and is also carrying…
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London-based online trading firm CMC Markets Plc (LON:CMCX) has reported its results for the first six months of fiscal 2017 (CMC Markets has a March 31 year end, so the first half covers April 1 through September 30, 2016). And, they showed a significant slowdown in business, despite including the very active trading period around June's Brexit vote.…
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In spite of solid growth in its client base (+2,300) and assets under custody (+ CHF 1 billion) over the first four months of H2 2016 (July until October), Swiss online trading and banking services provider Swissquote Group Holding SA (SWX:SQN) has announced that it will not be able to meet its 2016 growth target of…
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Former TZ Limited director, Andrew John Sigalla, has been late yesterday found guilty on 24 counts of dishonest conduct, following a 22-day trial before a jury in the Supreme Court of New South Wales. The court found that Mr Sigalla used his position as a director dishonestly to gain an advantage for himself or others,…
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Columbus, Ohio headquartered trading platform company MultiCharts today announced a new promotion in honor of "Black Friday" (the day after Thanksgiving in the US) where shoppers come out in droves to scoop up the latest deals before the holidays and new year. The company's redesigned MultiCharts 10 with Ultra HD support as of right now…
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Retail broker Forex4you, part of the E-Global Trade & Finance Group announced today they've launched a new partner program called ProSTP Markup. The goal is for partners to earn more by attracting traders to the firm's ProSTP accounts. The new partner program allows partners to determine flexible commission markups for clients. You can choose up to…
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Euronext, the leading pan-European exchange in the Eurozone, today announced that it has selected Strategic Insight’s LiquidMetrix software for best execution, transaction cost analysis (TCA) and surveillance services as best execution analytics platform for its equity, ETF and derivatives products. Euronext will be using LiquidMetrix to help its clients demonstrate best execution and provide them…
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Warsaw Stock Exchange (GPW) the biggest securities and derivatives exchange in Central and Eastern Europe today announced that the exchange's Management Board has successfully launched GBP futures on the main market. Małgorzata Zaleska, President of the Warsaw Stock Exchange said: The decision to introduce GBP futures is yet another step in making GPW’s offer more attractive…
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The Securities and Exchange Commission (SEC) has announced that Stephen Luparello, Director of the Division of Trading and Markets, will leave the agency by the first of the year. He was named director of the office in February 2014. Mr. Luparello has played a key role in enhancing the transparency and strengthening the integrity of…
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The pan-European gas trading platform PEGAS, operated by Powernext has today published a new position paper regarding the potential merger of the NCG, Gaspool and TTF gas market areas in the near future. Within the paper, PEGAS outlines the potential cost of such a merger while also assessing the limited benefit to end consumers. The…
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