The Stock Exchange of Hong Kong Limited, a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), has announced that with effect from 18 November, 2016, 37 additional securities will be eligible for short selling and 28 existing designated securities will be removed from the list. The total number of designated securities for short…
Read more
Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…
Read more
Australian-owned Forex (FX) and Contracts For Difference (CFD) trading provider AxiCorp has appointed Ivan Rojas as Head of Latin America and Spain as it continues to expand its global footprint. Rojas, who will be responsible for growing AxiCorp’s presence in the burgeoning Latin American market, has more than 10 years of experience operating and growing…
Read more
GAIN Capital Holdings Inc (NYSE: GCAP) board member Mr. Joe Schenk according to a newly published Form 4 has purchased 10,000 shares of GAIN Capital stock to bring his total holdings to 87,619 shares. The shares were purchased for an average amount of $5.4097 (total: $54,497). The shares purchased during the market dip on Wednesday,…
Read more
CME Group today announced that its Chief Executive Officer Phupinder Gill has informed the Company's Board of Directors that he is retiring from the organization and Board, at year end, December 31, 2016. At the Board's request, Terry Duffy has assumed the expanded role of Chairman and Chief Executive Officer. Bryan Durkin, who is currently…
Read more
The Securities and Exchange Commission today announced that an Israeli-based firm EZTD Inc. parent company of CySEC regulated WGM Services Ltd doing business as EZTrader must pay more than $1.7 million for misleading investors into trading binary options over the internet, and the agency warned that other firms may be out there actively trying to…
Read more
SETL, the London based financial blockchain specialist, has appointed national security expert Martin Clements CMG OBE to its board. SETL was launched in July 2015 to deploy a multi-asset, multi-currency institutional payment and settlements infrastructure based on blockchain technology. The SETL system will enable market participants to move cash and assets directly between each other,…
Read more
Liquidnet, the global institutional trading network, today announced the launch of Liquidnet Virtual High Touch, a new category of buy-side technology that brings together advanced data analysis, adaptive learning algorithms, unique liquidity search tools, and real-time analytics into a new trading experience. As a key component of Virtual High Touch technology, Liquidnet also announced an…
Read more
The Ontario Securities Commission (OSC) today announced RegHackTO, the first hackathon by a securities regulator in Canada. RegHackTO aims to bring together Canadian innovators, strategists and developers to collaborate on possible solutions to shared challenges in the regulatory environment. The event follows the OSC’s establishment of OSC LaunchPad, which engages with fintech businesses, provides the opportunity for…
Read more
CySEC and IFSC regulated global FX brokerage RoboForex today announced a new third party addition to its offering fitting for its name. Capitalizing on the growing algorithmic trend for retail traders, RoboForex added StrategyQuant, a trading robots and strategies designer. Using a desktop version or EA Wizard web platform, clients will be able to create,…
Read more