Hong 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 moreEthernet network, cloud and hosting provider BSO has announced plans to add Financial Cloud to its service portfolio to provide a unique and fully-integrated low latency network and cloud offering specifically engineered for the global financial community. The build will include the key FX marketplaces of London, New York and Tokyo with a presence in Equinix LD4,…
Read moreWilkinson 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…
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