September 28, 2016 BY Valentina Kirilova

GTX teams with Nightberg to provide market strategy service to FX clients

Another piece of news from GAIN Capital Holdings Inc. (NYSE: GCAP) we learned that GTX, the institutional foreign exchange trading arm of GAIN and Nightberg, an independent macro strategy firm founded by former hedge fund strategists, are partnering to distribute Nightberg’s full suite of investment research to institutional FX traders. The product will be provided on…

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September 28, 2016 BY Valentina Kirilova

Digital currency DASH partners with compliance provider Coinfirm

The digital currency Dash has announced the direct cooperation with a blockchain compliance platform provider Coinfirm. The partnership creates an interwoven solution for AML/KYC compliance in cryptocurrency, the fastest-growing sector in finance. London-based Coinfirm will provide Dash with the capacity for safe adoption by commercial or financial institutions that require full-fledged compliance without affecting Dash’s optional…

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September 28, 2016 BY Valentina Kirilova

HKEX publishes further information on Shenzhen-Hong Kong Stock Connect to facilitate business and technical preparation

As part of the market communication plan for Shenzhen-Hong Kong Stock Connect, the Stock Exchange of Hong Kong Limited (SEHK) and Hong Kong Securities Clearing Company Limited (HKSCC), wholly-owned subsidiaries of Hong Kong Exchanges and Clearing Limited (HKEX), has published the revised Information Book, Frequently Asked Questions and the proposed amendments to the Rules of the…

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September 28, 2016 BY Valentina Kirilova

ASIC updates regulatory framework for charitable investment fundraisers

ASIC has issued a revised policy and regulatory framework for charities that raise investment funds. The framework removes regulatory barriers to the issue of financial products while strengthening protection for public investors. The changes follow an ASIC review of the operation of exemptions available to charities from certain managed investment, debenture, fundraising and licensing provisions…

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September 28, 2016 BY Valentina Kirilova

Moscow Exchange announces trading schedule for January-February 2017

Moscow Exchange has announced its trading schedule for public holidays in January and February 2017. It goes as follows: On 3-6 January and 24 February 2017: The Equity & Bond and Derivatives Markets will operate as usual; All instruments will trade on the FX and Precious Metals Markets, except trades with "today" settlement and swap transactions with…

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September 28, 2016 BY Valentina Kirilova

The AMF is launching AGILITY, a welcome program for management firms and FinTech companies based in the UK

The Autorité des Marchés Financiers (AMF) is pursuing its commitment to making the Paris financial market more appealing by launching AGILITY, a program devoted to guiding financial firms through the French authorisation process. It will provide a range of services, notably helping financial firms authorised in the UK set up in France. With 2WeekTicket pre-authorisation,…

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September 28, 2016 BY Valentina Kirilova

IOU Financial and Paysafe partner to fuel small business growth

The online lender IOU Financial (TSX-V: IOU) has entered into a partnership with the global payments provider Paysafe (PAYS: L) to fuel the growth of small businesses in North America. The partnership, which covers the U.S. and Canada, will combine both companies’ market expertise and services to provide small businesses with capital management solutions through…

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September 28, 2016 BY Valentina Kirilova

Former financial adviser charged over fraud

Former financial adviser, Gabriel Nakhl, appeared in the Local Court of New South Wales yesterday on 19 charges brought by ASIC of engaging in dishonest conduct with investor funds. ASIC alleges that Mr Nakhl, of Illawong, NSW knowingly engaged in dishonest conduct in relation to twelve investors by: misleading them about the investments he would…

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September 28, 2016 BY Valentina Kirilova

EBS BrokerTec launches EBS Live Ultra

EBS BrokerTec, interdealer broker ICAP plc (IAP.L)'s electronic foreign exchange and fixed income business, has announced that it has gone live with EBS Live Ultra, its fastest FX data product to date. EBS Live Ultra has two data interval rates: 100 milliseconds, the same as the current EBS Live service but with lower latency, and a…

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