Australian regulator ASIC has earlier today released its guidance for Australian financial service (AFS) licensees about how they can mitigate the risks to their clients and business of share sale fraud. Share sale fraud is the fraudulent activity of a person who is not who they claim to be, selling shares that do not belong…
Read more
The Financial Conduct Authority (FCA) and the China Securities Regulatory Commission (CSRC) have made it clear today that they both approve the Shanghai and London Stock Exchanges’ proposed new Shanghai-London Stock Connect. The Stock Connect scheme launches today and is a aims to encourage cross-border investment between the countries and provide investors and companies in…
Read more
The Australia and New Zealand Banking Group Limited (ANZ) confirmed the appointment of Antonia Watson as Acting CEO of ANZ New Zealand, following the departure of David Hisco. Mr Hisco’s departure follows ongoing health issues as well as Board concern about the characterisation of certain transactions following an internal review of personal expenses. ANZ New…
Read more
The Financial Markets Authority (FMA) has just issued a public warning against a scam company called Willow Group Limited. Details of the company can be seen below: Willow Group Limited Address: Rykaden Capital Tower, 135 Hoi Bun Road, Kwun Tong, Hong Kong Website: www.willowmgmt.com Email: [email protected] According to the regulator, Willow Group Limited is not…
Read more
ActivTrades’ Market Analysts have prepared for Leaprate their daily commentary on traditional markets for June 17, 2019. See details below: FOREX The US Dollar remains buoyant after gaining more than 0.5% against the Euro during Friday's session. As the countdown to June's Fed meeting is under way, the US Dollar index continues to record gains…
Read more
LeapRate Exclusive... LeapRate recently sat down with Mr. Matus Bajko, CEO of Bel air s.r.o., owners of the social trading network FX Junction. This is the second time we sat down with Matus, this time for a free-flowing discussion on several topics, such as what it takes to run FX Junction and where the future…
Read more
ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for June 17, 2019. EURUSD The euro tumbled on Friday against the greenback. Closing at 1.1210(-69 pips) on Friday. The dollar recovered amid decreasing fears of an upcoming dovish Fed. The preliminary June Michigan Consumer Sentiment Index came…
Read more
Where is the 30%+ correction in Bitcoin prices? It was certainly not present during weekend trading, as the world’s favorite cryptocurrency bolted past $9,000, climbed to $9,388, pulled back, only to repeat its magical mystery tour once more. The ensuing attack on what many analysts have claimed to be an inordinate concentration of profit taking…
Read more
The former CEO of Wells Fargo, Mr. Tim Sloan, resigned from the bank in March, 2019. Ever since then, there seems to be a recruiting problem at Wells Fargo. Financial advisors at the bank are currently hoping to soon find a new CEO, one who will lead the bank out of the history of scandals…
Read more
Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for June 14, 2019. The text below is an excerpt and does not contain the full analysis. To say that crypto regulations in the United States are unclear would be a bit of an understatement. Progress…
Read more