Continuing to bring our readers different viewpoints of industry experts on the CySEC bonus ban, we present today's guest post courtesy of Konstantin Rabin, CEO at eFXto. While some people may assume that the most recent update from CySEC is horrifying, I actually feel that it is deadly. Not for the brokers though, but for…
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To match up with Shenzhen-Hong Kong Stock-Connect, Shenzhen Stock Exchange (SZSE) has introduced "Instant Translation", an English translation function, on its "Easy IR" (an Internet-based interactive investor relations service). This enables a convenient means for foreign investors to know about companies listed in Shenzhen market and further perfects the foreign investor service system of SZSE. At…
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The Securities and Futures Commission (SFC) and the Swiss Financial Market Supervisory Authority (FINMA) have signed a Memorandum of Understanding on Switzerland-Hong Kong Mutual Recognition of Funds and Asset Managers (MoU), which will allow eligible Swiss and Hong Kong public funds to be distributed in each other’s market through a streamlined vetting process. The MoU…
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Eurex – Europe’s largest derivatives exchange – has announced that allowed investors in Korea’s equity benchmark KOSPI 200 Index to more easily hedge their options exposures, by using Eurex Mini KOSPI-200-Futures as a hedging tool via the same trading platform. Michael Peters, Deputy CEO of Eurex, when presenting the monthly derivatives trading statistics of Deutsche…
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Forex trading platform developer MetaQuotes has just announced that improved protection of accounts against unauthorized access in the MetaTrader 5 web platform. The enhanced protection includes the two-factor authentication using one-time passwords and the ability to change master and investor passwords. To enable the two-factor authentication, clients must launch the MetaTrader 5 mobile application, log…
Read moreSafeCharge (AIM:SCH), the global provider of payments services, technologies and risk management solutions for online and mobile businesses, has just made a trading statement and strategic update. Trading ahead of the 2016 year end remains strong, as a result SafeCharge's financial performance for the full year is expected to be in line with market expectations.…
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What does a ‘no’ vote mean for the future? Could Italy leave the euro?
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SIX Swiss Exchange and SIX Structured Products Exchange have just announced their November 2016 volumes. Here are some of the key figures: Trading turnover in November 2016 of CHF 125.8 billion (+36.6% month-on-month) Trading turnover in the first 11 months of the year: CHF 1,171.6 billion (-8.0% versus the same period in the previous year…
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The Securities and Exchange Commission (SEC) announced fraud charges and an asset freeze against Miami Beach-based asset management company Onix Capital LLC and owner Alberto Chang-Rajii, a Chilean national who fled the U.S. earlier this year. The SEC alleges that Chang and Onix Capital defrauded investors in promissory notes that “guaranteed” annual returns of 12% to…
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The Financial Conduct Authority has published a Decision Notice in respect of Alistair Burns, Chief Executive at TailorMade Independent Limited (TMI). Mr Burns has referred this Decision Notice to the Upper Tribunal (the Tribunal) where he and the FCA will each present their case. The Decision Notice, which reflects the FCA’s view of what occurred…
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