United Kingdom's Financial Conduct Authority (FCA) announced that fraudsters are using the details of a firm authorized to try to convince people that they work for the genuine, FCA regulated and authorized firm. Find out more about the latest ‘clone firm’ below: Clone firm details Fraudsters are using or giving out the following details as…
Read moreOriginal upfront payment made by ETX was just
Read moreTrading software developer PFSOFT today announces its partnership with UK online trading services provider Sigma Trading, whereby the broker will use PFSOFT’s Protrader platform for its professional traders. Sigma Trading is a division of Sigma Broking Limited, an FCA-regulated broker. The Protrader platform offers Sigma’s clients an advanced front-end terminal incorporating a variety of trading…
Read moreMoscow Exchange, also known as Moskovskaya Birzha MMVB-RTS PAO (MCX:MOEX), announced today that starting from February 15, 2016, the Moscow Exchange Standardised OTC Derivatives Market offers new types of centrally cleared OTC transactions, FX swaps and FX forwards. These are in addition to already available central counterparty (CCP) cleared OTC interest swaps and CCP-cleared on-exchange…
Read moreHong Kong's Securities and Futures Commission (SFC) has been rather active recently in issuing warnings against clone firms of international financial services giants, such as Goldman Sachs Group Inc (NYSE:GS) and BlackRock, Inc. (NYSE:BLK). The rising number of such warnings indicates the growing pace of activity of companies that misuse data of licensed entities in order…
Read moreJapan Exchange Group, Inc. (JPX) today announces a collaboration with IBM Japan on blockchain technology tests. The two companies have agreed to jointly start running proof of concept (PoC) tests for blockchain, or distributed ledger, technology. JPX notes the increased attention that blockchain technology has gained worldwide as one of the most promising Fintech aspects…
Read moreIt has been about a week since Spain's financial markets watchdog CNMV warned against FXMarker and Imperial Options, and the Spanish regulator has just updated its list of unauthorized investment companies, this time adding three more binary options and Forex services providers that do not have the authorization to target Spanish investors but nevertheless do so.…
Read moreASIC has banned former Macquarie executive Timothy Hornibrook from providing financial services for a period of six years.
Read moreIt has been more than a year since the courts appointed KPMG as the joint special administrators over bankrupt Alpari UK, and the saga is far from over for ex Alpari UK clients. On the 13 month anniversary of the January 15, 2015 Swiss Franc spike which started the story, KPMG has issued its Second Progress Report…
Read moreA follow-up to LeapRate's earlier report about Andy Malpass leaving Fidessa Group plc (LON:FDSA)... The company today announces that Mr Malpass has retired as its executive director and leaves the Board with immediate effect. This is in line with his previously announced plans to step down once Fidessa publishes its 2015 financial results. Mr Malpass joined…
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