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 Apex UK Loan. Apex UK Loan is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities…
Read moreASIC has appointed Morgan Stanley Wealth Management Australia Pty Ltd to sell 22,901,234 ordinary shares (Sale Shares) in Sovereign Gold Company Limited (SOC). The sale follows a decision by the Takeovers Panel to vest the shares in the Commonwealth for sale by ASIC. The shares represent approximately 1.62% of SOC's issued capital. The sale process…
Read moreU.S. fund manager Franklin Templeton Investments (NYSE:BEN) has announced the launching of a new global currency fund headed by its star bond investor Michael Hasenstab and one of his chief lieutenants. Hasenstab, who has made his name buying markets shunned by others, such as Ireland at the height of its debt crisis, said the new fund would…
Read moreThe following article is based on research by Marshall Gittler, Head of Investment Research for FXPRIMUS. [divide] FXPRIMUS Week in Focus for the week beginning 10 Oct It’s going to be a quiet week as regards indicators, as usual for the second week of the month. The start is likely to be particularly quiet owing…
Read moreItaly’s financial markets regulator National Commission for Companies and the Stock Exchange (CONSOB) has issued a public warning against Forex firm FXGlory Ltd. The company is offering its services via www.fxglory.com. The Italian regulator notes that FXGlory Ltd is not authorized to offer investment services in Italy in any way, including via the above-mentioned website. Italy’s CONSOB…
Read moreThe European Securities and Markets Authority (ESMA) has published a Questions and Answers (Q&A) document regarding the implementation of investor protection topics under the Market in Financial Instruments Directive and Regulation (MiFID II/ MiFIR). MiFID II will enter into application on 3 January 2018 and will strengthen the protection of investors by both introducing new…
Read moreForex broker FXTM announced today a new deposit method for clients partnering with MyPay, one of the most popular online payment processors in Thailand. Clients from the region will now be able to fund their trading accounts using Thai baht (THB) with one of the most convenient and safest online methods available. After deposing in Baht…
Read moreGlobal retail forex broker GAIN Capital Holdings, Inc. (NYSE: GCAP) has reported certain operating metrics for the month of September 2016. Retail Segment Metrics OTC average daily volume of $9.4 billion, an increase of 13.2% from August 2016 and a decrease of 40.3% from September 2015. OTC trading volume of $207.8 billion, an increase of 8.3% from…
Read moreGresham, the software and services company that specialises in providing real-time transaction control and enterprise data integrity software, has announced that it has completed the acquisition of C24 Technologies, a company, specializing in standards-based financial messaging and integration solutions. The acquisition of C24 is the first for Gresham since the launch of its Clareti platform in…
Read moreWhy is customer feedback so important? Yael Warman, Content Manager at Leverate, takes a look. In business, customer feedback is your bread and butter. It is the way in which you know whether you are doing things right or you need to adjust to improve your business, products or customer experience. It is a key component…
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