Today the UK Financial Conduct Authority put out details of the cloned firm ADVInvests. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. The clone firm are using or giving out the following details as part of their tactics to…
Read moreInnotribe, SWIFT’s innovation arm, and Innovate Finance, the independent membership organisation for global FinTech, have announced the launch of the Global FinTech Hubs Federation (GFHF) to help foster innovation across the world’s financial services industry. To date, more than 20 countries - including Canada, China, Germany, Mexico, Switzerland, and the United Kingdom, to name a few…
Read moreWhy do we keep hearing about MT4 downtime, server freezes and price outages at forex brokers?
Read moreThomson Reuters has announced its findings on the performance of all unit trusts and investment-linked insurance products (ILPs) that are included under the Central Provident Fund Investment Scheme (CPFIS) as of June 30, 2016. In Q2 2016, the overall performance of CPFIS-included funds rose 0.68% on average, a positive and encouraging development for investors. Specifically, CPFIS-included…
Read moreOnline gaming giant Playtech PLC (LON:PTEC) announced its First Half 2016 results today, which overall were pretty good. Playtech's revenues and EBITDA were up in the healthy double digit percent range. The company increased its dividend. And post announcement Playtech's shares reacted nicely, up more than 4% to a new all-time high for the stock at about…
Read moreDubai Financial Market (DFM) has announced that Global for Shares & Bonds Co. (LLC) has been accredited to provide Direct Market Access (DMA) for global brokers lifting the number of DMA service providers to 13 brokerage firms. The exchange is currently processing similar applications from other brokerage firms in collaboration with the Securities and Commodities Authority…
Read moreHong 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 moreHong 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 moreLeapRate Exclusive... LeapRate has learned that online trading platforms provider Leverate has stopped selling its BX8 Binary Options platform product. Leverate is continuing to support BX8 for the binary options brokers who are already running it. We've learned from industry sources that Leverate is looking to sell the BX8 platform, along with the current clients running…
Read moreThe Securities and Exchange Commission (SEC) has announced enforcement actions against 71 municipal issuers and other obligated persons for violations in municipal bond offerings. The SEC found that from 2011 to 2014, the 71 issuers and obligated persons sold municipal bonds using offering documents that contained materially false statements or omissions about their compliance with continuing…
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