FCA clarifies fairer treatment of regular premium PPI complaints LeapRate

November 07, 2018 BY Valentina Kirilova

FCA clarifies fairer treatment of regular premium PPI complaints

The Financial Conduct Authority (FCA) has today issued final guidance that clarifies its expectations about the handling of certain regular premium payment protection insurance (PPI) complaints. The FCA is also proposing new rules requiring firms to write to around 150,000 consumers who had previously complained unsuccessfully to tell them they can make a new complaint and remind them…

FlexTrade teams up with ACA Technology to provide data on-demand for trade surveillance

November 07, 2018 BY Valentina Kirilova

CubeLogic and FERDEC announce partnership for transaction surveillance

CubeLogic, the business intelligence (BI) enabled risk management solutions company and FERDEC, the MAR/MAD II/REMIT transaction surveillance solutions for physical and financial Energy and Commodity markets, have just announced a strategic partnership to enable CubeLogic’s clients to leverage the sophisticated transaction surveillance capabilities of the ferdecTS® solution directly from within the RiskCubed suite. Increasing demand…

November 07, 2018 BY Valentina Kirilova

CMC Markets adopts IRESS’ open access trading technology

IRESS has announced that CMC Markets Institutional, a provider of liquidity solutions used by many banks, brokerages, funds and dealing desks across the globe, has adopted its order management system. The new order management system helps CMC manage client pre-trade risk, positions, portfolios, margin, order routing and workflow and forms a key component of CMC’s…

Persona releases beta version of its KYC verification system

November 07, 2018 BY Valentina Kirilova

Persona and FintruX announce renewed control over personal data

Persona, the blockchain-based solution for identity management,has just announced its partnership with FintruX, the P2P lending ecosystem, to streamline the onboarding process for customers while ensuring they remain in full control over their personal details. Persona is the first identity management solution developing its own blockchain, as opposed to other projects being developed as ERC20…

November 07, 2018 BY Valentina Kirilova

Virtu pays $1 billion to acquire agency execution and trading analytics firm ITG

Virtu Financial, Inc. (NASDAQ: VIRT) has just announced that it has entered into a definitive agreement to acquire Investment Technology Group, Inc. (NYSE: ITG), which has been unanimously approved by the Board of Directors of ITG and Virtu. Virtu has agreed to acquire ITG in a cash transaction valued at $30.30 per ITG share. Clients…

November 07, 2018 BY Valentina Kirilova

Coinduck joins SIRIN LABS to provide a crypto-payment option through the Finney smartphone

SIRIN LABS, the creator of the blockchain smartphone, has announced its most recent partnership with Coinduck. Coinduck, an in-house venture created by Chain Partners, is the cryptocurrency payment service provider, enabling Ethereum coins for offline payments at 1,000 stores in Korea since its inception in 2018. For the first time, consumers can pay with ETH…

November 07, 2018 BY Valentina Kirilova

MOEX reports record high fee and commission income from the Money Market in Q3

Moscow Exchange (MOEX) has announced its financial results in accordance with International Financial Reporting Standards (IFRS) for Q3 2018. Record high fee and commission income (F&C) from the Money Market and Depositary and Settlement Services were key highlights in the quarter, while all markets delivered positive YoY F&C growth. Unless stated otherwise, all figures below…

November 07, 2018 BY Valentina Kirilova

ADSS Asia adds Jacob Wissum as CAO / CCO in Hong Kong

ADS Securities Hong Kong Limited (ADSS Asia) has announced the appointment of Jacob Wissum as its Chief Administrative and Compliance Officer. He will be a member of the ADSS Asia management team. He will be reporting directly to Francis Lee, CEO ADSS Asia, who commented: Jacob will provide the senior leadership and management experience to…

November 07, 2018 BY Valentina Kirilova

Tradeview LTD launches on-exchange equities for Metatrader 5 platform

Tradeview LTD, a Cayman Islands regulated broker-dealer, has just announced the launch of US equity trading directly on the Metatrader 5 platform. Traders now have direct market access (DMA) to stocks listed on the New York Stock Exchange, NASDAQ and the American Stock Exchange. Integrating real equities onto MT5 gives Tradeview a major competitive advantage…