Retail Forex broker FXTM today announced exclusive new trading conditions: due to popular demand the company will offer 1:1000 leverage across all trading accounts on its ECN Server. Effective Thursday, September 1, 2016, every trader – regardless of the size of initial deposit – will be able to reap the benefits of the almighty ECN Server. As a…
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 moreFormer Victorian finance broker Rudy Noel Frugtniet's appeal against his permanent banning from engaging in credit activities has been dismissed by the Federal Court of Australia. ASIC permanently banned Mr Frugtniet, a former director of Unique Mortgage Services Pty Ltd (UMS), in July 2014 after it was found he provided misleading information and a lack…
Read moreToday the UK Financial Conduct Authority put out details of the cloned firm JB Trade Finance. 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…
Read moreThe Canadian Securities Administrators (CSA) has announced a multi-year research project to measure the impacts of requirements introduced by Phase 2 of the Client Relationship Model (CRM2) and the Point of Sale (POS) amendments on investors and the industry. On July 15, 2013, the CRM2 amendments to National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant…
Read moreThe technology company, developing and operating web-based solutions for the financial services industry, TIM Group, has recruited three further members to work in its New York office, to increase its footprint in a key market and to continue to support its US clients. Christopher Kleparek joins the team from Thomson Reuters where he was responsible…
Read moreThe following article is based on research by Marshall Gittler, Head of Investment Research for FXPRIMUS. [divide] This week is relatively quiet. However there are two big things on the schedule: the preliminary purchasing managers’ indices (PMIs) from the major economies on Tuesday and the Kansas City Fed’s annual Jackson Hole symposium on Thursday and…
Read moreLeading CySEC and FCA regulated broker FxPro today announced key execution statistics registered during the months of April, May and June 2016. The statistics show a slight increase in positive slippage and a drop in requotes. The second quarter of 2016 was yet another busy period for FxPro with many developments taking place, including the…
Read moreThe Governor of the Dubai International Financial Centre (DIFC), HE Essa Kazim, has established a DIFC Wealth Management Working Group to discuss and compile an updated wealth management strategy for the DIFC. Its key focus areas will be to consider the enhancement of DIFC as a wealth management provider and succession planning platform for GCC…
Read moreThe Polish Financial Supervision Authority (KNF) has extended the authorisation of the clearing house KDPW_CCP to cover new classes of instruments and categories of acceptable collateral as of August 9, 2016. KNF’s decision allows KDPW_CCP to offer new services: the clearing of EUR-denominated instruments in organised trading (exchange market and ATS) and in OTC trade…
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