Cyprus financial regulator CySEC has once again extended the suspension of ASP license of the administrative services provider Mutual Trust Limited. CySEC has stated that Mutual Trust Limited appears to be non-compliant with Cyprus’ law of protection of client funds, its own funds appear to be less than the sum of its capital requirements, and…
Read moreMetaQuotes has just announced an update to MetaTrader 5 for iPhone/iPad. The updated MetaTrader 5 for iPhone/iPad features a completely new design of messages. Now, MQL5.community messages and push-notifications from the desktop platform are displayed as chats similar to those used in popular messaging apps. In addition, it is now possible to switch to any…
Read moreCyprus financial regulator CySEC has once again extended the retail forex broker UBFS Invest (full legal name: UBFS Invest Powered By Moneychoice Brokers Ltd)'s suspension. CySEC has stated that UBFS appears to be non-compliant with Cyprus’ law of protection of client funds, its own funds appear to be less than the sum of its capital…
Read moreTullett Prebon Plc (LON:TLPR) has announced that it has entered into a partnership with GMEX Group to develop a best-in-class hybrid voice and electronic trading platform for FX Options. The new FX Options trading solution will enhance Tullett Prebon’s offering to its clients, integrating GMEX’s request for quote (RFQ) technology with Tullett Prebon’s existing central limit…
Read moreThe Financial Conduct Authority (FCA) has fined Cenkos Securities plc (Cenkos) £530,500 for failures in its sponsor services business. Cenkos failed to have appropriate systems and controls in place across its sponsor services business, and, on a particular transaction, failed to act in its sponsor role with the level of diligence and professional care that…
Read moreA review by ASIC has found an overall improvement in the measures of cleanliness in the Australian listed equity market over the past decade. Report 487 Review of Australian equity market cleanliness, looked at possible insider trading and information leakage ahead of material, price-sensitive announcements (material announcements) by analysing price movements or shifts in trading…
Read moreTMX Group Limited (TSX:X) has announced its financing activity on Toronto Stock Exchange and TSX Venture Exchange for July 2016. Toronto Stock Exchange welcomed 13 new issuers in July 2016, compared with nine in the previous month and 14 in July 2015. The new listings included eight exchange traded funds, four mining companies and one…
Read moreThe World Gold Council and the London Metal Exchange (LME), together with Goldman Sachs, ICBC Standard Bank, Morgan Stanley, Natixis, OSTC and Societe Generale, today announce their intention to introduce a suite of exchange-traded and centrally-cleared precious metals products. The initiative has been driven by the need for greater market transparency, to support and aid…
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 moreFinancial exchanges operator Bats Global Markets Inc (BATS:BATS) Europe and BIDS Trading LP (BIDS), a block trading ATS by volume in the U.S., have announced that Bats Europe has agreed to license BIDS technology to launch Bats LIS, a new block trading service for the European equity market. Bats LIS (Large in Scale), which is…
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