clone firm FCA warning
December 06, 2018 BY Valentina Kirilova

FCA warns against FC COIN clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm FC COIN. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to…

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acquisition
December 06, 2018 BY Valentina Kirilova

Dash Financial Technologies acquires eRoom Securities

Dash Financial Technologies has just announced it has signed a definitive agreement to acquire eRoom Securities, LLC. The move follows last year’s acquisition of Convergex’s options business, Liquidpoint, and will allow the firm to enter the introducing prime brokerage space. eRoom is a Chicago based company, providing multi-asset trading technology, agency execution, risk management, reporting and clearing services…

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Grand Capital switches to MetaTrader 5 with hedging
December 06, 2018 BY Valentina Kirilova

Grand Capital switches to MetaTrader 5 with hedging

The international broker Grand Capital has just announced that it has launched MetaQuotes' MetaTrader 5 trading platform with hedging. Features of MetaTrader 5 offering include: Advanced trading opportunities: netting and hedging order accounting systems, market depth, separate accounting of orders and deals. Extended analytics: 21 timeframes, in-chart calendar. Developing and testing trading robots: multi-currency strategy tester and…

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fca warning
December 06, 2018 BY Valentina Kirilova

FCA warns against City Global Trading firm

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company City Global Trading. City Global Trading is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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Regulation
December 06, 2018 BY Valentina Kirilova

Regulatory Jurisdictions for startup FX Brokerages

The following article was written by Anya Aratovskaya, VP of Institutional Sales at Advanced Markets and Fortex, Inc. The FX Landscape has changed dramatically this year, mostly due to the implementation of MiFID 2 regulations, and rulings by ESMA, in Europe alongside additional government scrutiny of the Chinese FX Market and the exposure of failed profit-sharing models.…

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fca warning clone firm
December 06, 2018 BY Valentina Kirilova

FCA warns against Easy FX Trade clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Easy FX Trade. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics…

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ayondo launches ayondoPRO trading platform
December 06, 2018 BY Valentina Kirilova

ayondo launches ayondoPRO trading platform

Global financial technology and social trading group ayondo Ltd has announced that it has launched ayondoPRO trading platform. ayondoPRO allows the company's professional clients to trade more than 2,000 instruments with leverage of up to 200 times, as well as participate in a Spread Rebate Program, giving clients a portion of the spread they have paid, back to…

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December 05, 2018 BY Valentina Kirilova

SEC loses bid for temporary injunction of Blockvest Crypto ICO

Crypto enthusiasts were cheering what many reports were calling a “Monumental” ruling by a Federal Court. The court ruled in favor of Blockvest, a crypto Initial Coin Offering (ICO) that was still in its initial testing phase, well before any real investing had ever taken place. The U.S. Securities and Exchange Commission (SEC) had shuttered…

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