April 23, 2020 BY Steffy Bogdanova

HKEX to implement Volatility Control Mechanism enhancements

HKEX’s Head of Markets Wilfred Yiu said: The enhancement will further strengthen our stock-level safeguards during extreme price volatility, and reflect changes in international practice and regulatory guidance. HKEX discovered substantial market support for the proposal for implementing first phase of VCM enhancements, based on the consultation feedback. The first phase includes: Expansion of VCM…

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Binance seeks to curb SEC’s hunt for “fraud”
April 23, 2020 BY Steffy Bogdanova

Binance launches payment app for cash and crypto in Nigeria

Bundle also supports a range of deposit methods such as credit cards, bank transfers and mobile money, a widely used cash storing method in Africa. Founder, Yele Bademosi said: We built Bundle with the digitally native African user in mind. They are social, online, and connected across geographical boundaries. They prefer their financial services delivered…

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April 23, 2020 BY Steffy Bogdanova

New Zealand FMA adds accessfinancenz.com to its warning list

The website is not associated or authorised by the company Access Finance Limited, registered in New Zealand. Read More: New Zealand FMA adds MetalsWise to its warning list New Zealand FMA adds Horse Forex and Whitley Trading Group to its warning list New Zealand FMA adds Tiger Brokers (NZ) and Profit Bitcoin to its warning list

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April 23, 2020 BY Steffy Bogdanova

Aite Group study suggests technology will play a vital role in risk management

Anthony Pereira, Head of Torstone’s Risk Platform, noted: In rapidly changing global markets, risk teams need technology that provides real-time oversight and the capability to answer new questions not captured in their daily batch reports. This comes while operational and compliance costs continue to increase for the industry, putting ever-greater pressures on the firms already…

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April 23, 2020 BY Steffy Bogdanova

CFH and Gold-I partner for multi-asset liquidity distribution

Paul Groves, Head of European Sales, CFH said: As a leading multi-asset Liquidity Provider, with a very competitive and robust offering, we are delighted to be extending our distribution to Gold-i’s high calibre, global network of institutional clients, hedge funds and asset managers. CFH has worked closely with Gold-i for many years and this latest…

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fca warning
April 23, 2020 BY Steffy Bogdanova

Kensington Bonds Group, Standard FX Option and others added to FCA warning list

Kensington Bonds Group Address: Stamford St, Bishop's, London SE1 9NN, United Kingdom Telephone: 0203 769 2577​​​​​​​ Website: https://kensingtonbondsgroup.co.uk Standard FX Option / StandardFXOption Address: 123 Fifth Avenue, Lane no 17, New York NY688101 Telephone: 123-456-7890/91 Email: [email protected] Website: https://standardfxoption.com Atlas FMI (clone) Telephone: 0208 059 9763, 0208 059 9773, 07537153331, 02038075171, 07537 156312, 0203 670…

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CLS
April 22, 2020 BY Steffy Bogdanova

Banco Monex to become the first bank in Latin America to offer third-party access to CLSSettlement

Héctor Lagos, CEO, Banco Monex, commented: As a CLSSettlement member for nearly two years, we have benefited from the increased liquidity, reduced settlement risk and greater operational efficiency the service provides. We look forward to facilitating access to CLSSettlement for our clients as third parties and believe this will help to build a more robust…

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