Creating the FinTech, Innovation and Competitiveness division (FIC) was just the beginning. France regulator The Autorité des Marchés Financiers (AMF) has announced that is has started a new FinTech Forum. The AMF and Autorité de Contrôle Prudentiel et de Résolution (ACPR) will coordinate its work. The FinTech Forum is a new body for consultation and dialogue with…
Read moreGlobal exchanges operator Bats Global Markets, Inc. (Bats: BATS) has welcomed ARK Investment Management and The 3D Printing ETF (Bats: PRNT) to the Bats ETF Marketplace. PRNT is the first, and only, ETF in the U.S. to focus solely on the 3D printing ecosystem. The fund seeks to provide investment results that closely correspond, before fees…
Read moreToday the UK Financial Conduct Authority put out details of a cloned firm using the name of the investment advisory firm Portsea Asset Management LLP. Fraudsters are using or giving out the following details as part of their tactics to scam people in the UK: Portsea Asset Management LLP (clone of FCA authorised firm) This…
Read moreASIC has cancelled the Australian Financial Services (AFS) licence of corporate advisory and venture capital firm ICBC Capital Pty Ltd (in liquidation) (ACN140 629 296). ICBC was formerly known as Komodo Capital Pty Ltd. ASIC took this action as ICBC had been placed in liquidation by the Supreme Court of New South Wales on March…
Read moreInteractive Brokers Group, Inc. (NASDAQ: IBKR) an automated global electronic broker and market maker, reported diluted earnings per share on a comprehensive basis of $0.36 for the quarter ended June 30, 2016, compared to diluted earnings per share on a comprehensive basis of $0.44 for the same period in 2015. Excluding other comprehensive income, the…
Read moreThe Jersey Financial Services Commission (JFSC) today welcomed the recommendation that the European Securities and Markets Authority (ESMA) made to the European Parliament, Council and Commission it should be amongst those ‘third countries’ granted an (Alternative Investment Fund Managers Directive) AIFMD passport. The JFSC has fully engaged with ESMA and has been working closely with Member State…
Read moreAlpari has noted significant growth on the number of new trading accounts through the MetaTrader 5 platform. Representatives of RoboForex have also reported a steep increase in the number of opened accounts. Furthermore, a growing number of traders on Moscow Exchange tend to choose the new platform and switch to MetaTrader 5 brokers. Now that…
Read moreToday it was announced that XTX Markets has joined Broadway Technology as a liquidity provider. Broadway Technology is a leading provider of high-performance financial trading solutions for electronic fixed-income markets. XTX is a leading electronic trading firm partnering with exchanges and e-trading venues globally to provide liquidity in FX and derivatives markets. “Broadway Technology is an established vendor of choice…
Read moreAfter linking Eikon with Pivot last week, Thomson Reuters has another announcement to make regarding Eikon. Energy and commodities traders can now execute futures and options orders directly from Thomson Reuters Eikon, helping reduce the need to pay for expensive market data fees across multiple platforms without sacrificing functionality. The service is provided through City Execution,…
Read moreMoscow Exchange has launched a new deliverable USD/RUB FX futures contract on Monday July 18, 2016. Participants executed 65 trades totaling RUB 415.7 million on the first trading day of the new product. The contract lot is 100,000 currency units and the tick size is RUB 0.01. The contracts will expire on fixed days of…
Read more