Israel based retail forex broker iForex has posted a notice on its website serving customers in its home country (see above) that it has decided to pull its Forex broker license application in Israel, and to terminate its brokerage operations in the country effective immediately. Clients of iForex.co.il , operated by Clio Financial Trading Ltd.,…
Read moreTaiwan Futures Exchange (TAIFEX) and Deutsche Börse Market Data & Services have signed a market data partnership agreement, under which Deutsche Börse will act as the licensor of TAIFEX market data and information products to all international clients. Clients will be able to benefit from the state-of-the-art licensing services offered by Deutsche Börse, which already…
Read moreFiscal 2016 will be IG Group's first year under the stewardship of new CEO Peter Hetherington, and it looks like it will be a good one. Leading UK online broker IG Group Holdings plc (LON:IGG) provided a Trading Update on its 2016 financial results, indicating that the company expects full year 2016 earnings to be slightly ahead of…
Read moreFrance's financial regulators Autorité de Contrôle Prudentiel et de Résolution (ACPR) and Autorité des Marchés Financiers (AMF) have issued a warning to the public against the activities of several websites and entities proposing Forex investments in France without being authorized to do so. The warnings were issued for: www.fxsep.com / SEP GLOBAL LIMITED www.marketct.com www.valtechfx.com…
Read moreCanadian provincial securities regulator British Columbia Securities Commission (BCSC) has issued a warning regarding retail forex broker AvaTrade, adding AvaTrade to its Investment Caution List. The BCSC states that Ava Trade Ltd. claims to be a regulated on-line broker, based in the British Virgin Islands. The BCSC became aware of a recent advertisement placed by Ava Trade…
Read moreTullett Prebon has announced that it become the first firm to successfully send a Swap Execution Facility (SEF) trade for clearing at the Japan Securities Clearing Corporation (JSCC). The trade was executed via tpSEF's hybrid trading platform. Last year, the JSCC obtained an exemption from the Commodity Futures Trading Commission (CFTC) from registration as a…
Read moreBloomberg today announced new features on its refreshed Japanese language news website, Bloomberg.co.jp, bringing its look and functionality in line with the recently launched regional homepage of Bloomberg.com in Asia. Bloomberg is often used as a big media outlet for global brokerage television advertising. “Our new Japanese website will help readers navigate more localized, relevant business news…
Read moreAustralian Securities and Investments Commission (ASIC) today published its third report on its approach to licence applications. The six month report from July to December 2015 sets out recent regulatory outcomes achieved by ASIC in relation to Australian financial services (AFS) applications, Australian credit licence applications, liquidator registration applications, company auditor and approved SMSF auditor…
Read moreFrance financial regulator Autorité des Marchés Financiers (AMF) has announced that it is creating a new FinTech, Innovation and Competitiveness (FIC) division to respond to changes in consumption patterns which have been amplified by technological innovation and the globalization of financial services. The AMF's FIC division will be charged with analyzing innovations taking place in the investment…
Read moreAccording to newly installed London Mayor Sadiq Khan, London is in danger of becoming the world's money laundering capital (if it isn't already) - and it isn't the banks and brokers to blame. In a clear dig at his predecessor and pro-Brexit campaigner Boris Johnson, Mayor Khan stated in an interview on ITV’s Peston on Sunday show…
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