March 29, 2017 BY Valentina Kirilova

SafeCharge: 76% of merchants with at least one complete payments outage for the last year

A new study commissioned by SafeCharge (LON:SCH) has revealed that payment outages and downtime are causing frequent disruption to merchants’ bottom line and growth abilities. The research ‘Payments, Interrupted’, conducted by WBR Digital, surveyed 200+ CFO, VP Finance, Payment Managers and Payments Controllers at large multinational retailers across Europe. The research assesses the current performance…

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March 29, 2017 BY Valentina Kirilova

FlexTrade hires HP executive Vishal Pandya as COO

Multi-asset execution and order management systems company FlexTrade Systems today announced the appointment of Vishal Pandya as Chief Operating Officer (COO). In this newly created position, Pandya will serve as a member of FlexTrade’s executive leadership team and have overall responsibility for the performance and development of the company. In this capacity Pandya will report…

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March 29, 2017 BY Valentina Kirilova

FCA warns against CWA Options 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 firm CWA Options. CWA Options is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…

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March 29, 2017 BY Valentina Kirilova

European Commission blocks proposed merger between Deutsche Börse and London Stock Exchange Group

The European Commission has prohibited the proposed merger between Deutsche Börse AG and London Stock Exchange Group under the EU Merger Regulation. The Commission's investigation concluded the merger would have created a de facto monopoly in the markets for clearing fixed income instruments. The proposed merger would have combined the activities of the two largest…

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March 29, 2017 BY Valentina Kirilova

Bill Gross and PIMCO reach a roughly $81 million settlement

Bill Gross has reached a $81 million settlement of his lawsuit against Pacific Investment Management Co (Pimco), ending a long two and a half year drama over the well-known bond investor's abrupt departure from the investment management giant, Reuters reported earlier today. Gross and Pimco said in a joint statement the settlement was "amicable," and…

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March 29, 2017 BY Valentina Kirilova

ASIC establishes Financial Advisers Consultative Committee

ASIC announced the establishment of the Financial Advisers Consultative Committee, designed to improve industry engagement with its regulator, and revealed its initial membership. ASIC has extensive engagement with participants in the financial advice sector as well as financial advice industry bodies and consumer organisations. We saw benefit in extending our interaction with this sector through…

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sfc warning
March 28, 2017 BY Valentina Kirilova

Hong Kong SFC adds Huxford Group to its alert list

Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…

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