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 Trade-24 / Trade-24.com firm. The company is not authorised by the FCA but has been targeting people in the UK: Trade-24 / Trade-24.com Addresses: Tower 42, 25 Old…
Read moreTMX Group Limited (TSX:X) has announced that it is funding an independent working group, the Advancing Innovation Roundtable, which will examine ways to increase access to growth capital for companies in Canada's innovation economy. Launching in September 2016, the Roundtable will focus on the scalability issues of Canadian technology and innovation firms caused by insufficient…
Read moreMoscow Exchange (MOEX) has announced that the bond below will be transferred to the partial collateral from August 25, 2016. From this date on, the following risk parameters will be applied: icker Minimum Initial Margin for the Market Risk, % Concentration Limit, # of securities Level 1, S_1_min Level 2, S_2_min Level 3, S_3_min Level…
Read moreThe Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) and the Securities and Exchange Board of India (SEBI) has signed a Memorandum of Understanding (MoU) to enhance regulatory cooperation and facilitate cross- border activities. The MoU establishes a framework for both Authorities to provide assistance, exchange regulatory information and co-operate in supervising…
Read moreCyprus based forex trading provider JFD Brokers Ltd just announced brand new additions to its MT4+ Add-Ons Suite. With the aim of improving its traders experience even further, the company added a 5 new sets of indicators which you can read more about below. To help traders take advantage of these new features on their MT4+ platform, JFD is organizing online webinars…
Read moreChicago-based Rival Systems (Rival), a trading software company established last year, today announced an Agricultural Options Trading desk within Budo Group has selected Rival Trader for its electronic market-making and trading activities. Veteran trader Rod Valeroso said the move to adopt the derivatives front-end platform followed an extensive search to find an advanced platform with…
Read moreBank of New York Mellon Corp (NYSE:BK), Deutsche Bank AG (USA) (NYSE:DB), ICAP plc (LON:IAP) and British bank Santander UK plc join UBS and Clearmatics to advance the Utility Settlement Coin concept, and plan tests in a real-market environment. USC is a digital cash model aimed at facilitating payment and settlement for institutional financial markets.…
Read moreCapital Partners Pty Ltd (RS Capital) has paid a $10,800 infringement notice penalty after making potentially misleading representations about the cost of setting up a self-managed superannuation fund (SMSF) using RS Capital's services. ASIC's concerns related to representations contained on the My SMSF Property website in February and March this year. The representations were that…
Read moreThe Securities and Futures Commission (SFC) has resolved its concerns with Morgan Stanley Hong Kong Securities Limited (MSHK) over its internal control failures. Under the resolution, the SFC reprimanded and fined MSHK $18.5 million for breaches of the Code of Conduct. The internal control failures of MSHK related to avoidance of conflicts of interest; comprehensive…
Read moreThe comprehensive cross-border solutions company Global-e has appointed digital payment solutions provider Paysafe Group Plc (LSE:PAYS) as its merchant acquirer. Global-e, which has been using Paysafe’s processing gateway to deliver a frictionless payments experience to clients, will now benefit from a full suite of processing and settlement currencies through a single global operator. Global-e enables retailers…
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