September 23, 2014 BY Andrew Saks-McLeod
September 23, 2014 BY Mike Fox
Barclays fined £38 million for putting £16.5 billion of client assets at risk
This is the highest fine ever imposed by the FCA or its predecessor the FSA for client assets breaches, reflecting ‘significant weaknesses’ in the systems and controls in Barclays’ Investment Banking Division between November 2007 and January 2012 and the number of affected accounts.
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September 23, 2014 BY Mike Fox
Swissquote Daily Technical Report: AUD/USD - The support at 0.8891 has been breached
In Swissquote’s Tuesday short term technical trading report, the research team outlines the major technical levels of popular currency instruments with forecasts, below is the outline for AUD/USD and EUR/GBP. To view and download the entire report, click here (PDF). AUD/USD: The support at 0.8891 has been breached • AUD/USD has breached the support at…
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September 23, 2014 BY Gerald Segal
Plus500 statement on FCA investigation matter
Plus500 shares drop another 5% on Tuesday after The Times published an article regarding an FCA investigation centered on money laundering and Plus500's customer on-boarding procedures.
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September 23, 2014 BY Andrew Saks-McLeod
FXStreet goes to school - launches Masters level trading course with University of Essex Online
FXStreet and the University of Essex Online launch the 'Financial Trading Analysis' course, adding the credibility of a bona fide state university to FX training sector, culiminating in a formal qualification
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September 23, 2014 BY Andrew Saks-McLeod
Etrade Australia Securities Limited pays $55,000 infringement notice penalty
Following a finding by the Markets Disciplinary Panel that Etrade executed an on-market trade which moved the SYI price from $27.15 to $20.00 in June 2013, the firm was issued an infringement notice to the tune of $55,000
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September 23, 2014 BY Andrew Saks-McLeod
Admiral Markets to offer new account types in Europe
Admiral Markets' restructure of available account types includes a leverage increase from 1:100 to 1:500 across the European Union and Great Britain
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September 23, 2014 BY Andrew Saks-McLeod
GMO Click simplifies account opening
Japanese retail Forex giant GMO Click Securities has considered the needs of traders and now enables easy and fast trading account opening through smartphones
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September 23, 2014 BY Andrew Saks-McLeod
US regulator pays largest ever whistleblower award: $30 million
Two years after the inception of the SEC's whistleblower program, an individual who provided information to the US regulator on the misconduct of a firm under its auspices prepares to collect more than $30 million
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September 23, 2014 BY Andrew Saks-McLeod
Deutsche Bank fires Australia FX trader for hiding losses in the millions
Sydney-based trader Andy Donaldson is under investigation by ASIC for inflating trades which resulted in losses to his employer of $5 million
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