Wilkinson and his partnerships including Chicago Index Partners charged with fraudulently soliciting more than $6 million from at least 30 Investors.
Read moreIt was just officially announced that on June 25, 2016, Mr. Liu Shiyu, Chairman of China Securities Regulatory Commission (CSRC) and Mr. Sergey Shvetsov, First Deputy Governor of the Bank of Russia signed a Memorandum of Understanding (MOU) regarding cooperation on financial and capital markets in Beijing. This MOU substitutes the MOU between China Securities…
Read moreThe following guest post is courtesy of CySEC and FCA regulated retail forex broker FxPro. FxPro is one of the largest Cyprus-based Forex brokerages, operating since 2006. We'd note that LeapRate broke news of CySEC's directive against linking Broker pay to volumes, deposits or client P&L two weeks ago. We will continue to bring our readers reaction…
Read moreThree seems to be the magic number when it comes to Brexit. Or more specifically, the effect that the Brexit vote result had on FX trading volumes. After seeing a similar three-times-normal volumes result reported for Friday at institutional eFX platforms FastMatch and the Hotspot FX unit of Bats Global Markets Inc (BATS:BATS), industry leader Thomson Reuters…
Read moreHarmony's growth has been particularly strong in the Asia-Pacific region, with volumes now making up 26% of the total.
Read moreAnyoption analyst Elise Blanford takes an interesting look at last week's Brexit referendum, and what lies ahead for traders and the financial markets. For more of Elise’s research see the Anyoption blog. [divide] In a stunning turn of events, the British electorate voted to leave the European Union on Thursday by a margin of 52% to…
Read moreFCA-regulated retail forex and CFD broker Plus500 Ltd (LON:PLUS) has announced some changes to its Board of Directors. The company added seasoned compliance executive Penny Judd as a non-executive director. Judd is currently EMEA Head of Compliance in the London office of Japanese banking giant Nomura Holdings, Inc. (ADR) (NYSE:NMR), although she plans to step down from…
Read moreAustralian financial regulator ASIC has announced that it has cancelled the Australian Financial Services (AFS) license of Queensland-based Advamode Financial Pty Ltd. Advamode offered a raft of financial services to Australian customers, including online trading with CFDs and Forex instruments. The cancellation was made at Advamode's request after the company was placed into liquidation on 4…
Read moreThe Taiwan Stock Exchange Corporation (TWSE) and Bursa Malaysia Berhad (Bursa Malaysia) have announced that the two market operators have signed a Memorandum of Understanding (MoU) to undertake a joint study to explore capital market opportunities to expand various areas of potential cross-border cooperation, namely in exchange traded funds (ETFs), indices, market connectivity, and market promotional activities. An earlier Memorandum…
Read morePayments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has provided its Trading Update for the first six months of 2016, indicating that the company has had a very strong first half of the year. SafeCharge stated that its EBITDA for 1H-2016 will come in ahead of USD $16 million, which will make the…
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