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 Watkins Consultancy Ltd. The company is not authorised by the FCA but has been targeting people in the UK: Watkins Consultancy Ltd Address: 1 New York Plaza,…
Read moreBrokerage company BGC Partners, Inc. (NASDAQ: BGCP) has announced an offer to exchange up to $285 million aggregate principal amount of its outstanding 5.125% Senior Notes due 2021 (the Old Notes) for an equivalent amount of its 5.125% Senior Notes due 2021 registered under the Securities Act of 1933, as amended (the Exchange Notes). $300 million in…
Read moreSecurities trading company KCG Holdings, Inc. (NYSE: KCG) has announced that it has completed the acquisition of Neonet Securities AB, an independent agency broker and execution specialist based in Stockholm, Sweden. The Neonet business, which will operate as a subsidiary of KCG and be renamed KCG Neonet, will continue to be based in Stockholm and led by…
Read moreThomson Reuters (TSX/NYSE: TRI) has announced the appointment of Kristin Peck to the company’s Board of Directors effective immediately. David Thomson, chairman of Thomson Reuters, commented: Kristin's strategic and innovative business model experience has focused on global markets and deep customer interactions. Her passion for talent and leadership development bodes well for our future. We surely welcome…
Read moreLeapRate Exclusive... LeapRate has learned that FCA and CySEC regulated retail forex broker FxPro has begun a refreshing of its brand with a change in its logo for the first time in 10 years. The main change to the FxPro logo has been the removal of the word 'Forex' from the tagline integrated into FxPro's ubiquitous…
Read moreSixteen new exchange-listed equity index funds issued by BNP Paribas Easy have been tradable via Xetra and Börse Frankfurt since Wednesday. Five of these new BNP Paribas Easy ETFs enable investors to participate in the performance of listed companies domiciled in Europe or the US which are selected based on one of the following criteria:…
Read moreASIC has permanently banned Mr Steven William Hill from engaging in credit activities and providing financial services. An ASIC investigation found that between January 2006 and February 2007, Mr Hill, through Hill Stephens & Associates Pty Ltd and International Finance Consortium (Aust) Pty Ltd induced various investors to pay approximately $618,000 to acquire interests in…
Read moreThomson Reuters has signed an agreement with independent research firm New Constructs to offer innovative investment research to Thomson ONE North American Wealth Management clients. New Constructs offers forensic-accounting reports to help investors, traders, and advisors make informed decisions. The company leverages proprietary technology to analyze SEC filings, especially footnotes, to create unique investment insights.…
Read moreSwissquote Bank Ltd has launched Swissquote GO – a location-based game inspired by Pokemon GO, offering the chance to win SMI shares by visiting sites where they are hidden. The game draws on the popularity of Swissquote’s mobile app to reach a large number of users, with traders increasingly using apps on daily basis. It…
Read moreTradeSocio, a Fintech company founded in 2015, has announced the launch of Alpha, an alternative investment platform aimed at Forex Brokers, as well as other Financial Institutions. TradeSocio’s platform Alpha offers the experience of co-existing within a single balanced ecosystem. Up until now, it has proven difficult to house key financial players in a single ecosystem…
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