The UK Financial Conduct Authority (FCA) has put out details of the cloned firm JP Morgan Courtage. 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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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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Horizon Software, the global provider of electronic trading and investment management technology, announced the extension of its long-term relationship with Edelweiss International Singapore (Pte) Limited, a subsidiary of Edelweiss Financial Services Limited, one of India’s leading diversified financial services companies. Edelweiss will be using the latest version of Horizon’s trading technology as a strategic element…
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Derivatives marketplace operator CME Group Inc (NASDAQ:CME) announced that February 2017 average daily volume (ADV) reached 18.4 million contracts, down 1% from a strong February 2016. CME Group February 2017 options volume averaged 3.8 million contracts per day, up 9% versus February 2016, with electronic options averaging 2.2 million contracts per day, up 17% over…
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The Cyprus Securities and Exchange Commission (CySEC) just announced that expands its Web Portal (Portal) to include the Administrative Services Providers (ASPs) through which they can submit digitally signed documents/letters to the CySEC. By utilizing its Portal, CySEC expects that the cost of printing and storing physical documents will be eliminated since it will no…
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Provincial market watchdogs are trying to shut down the mechanisms used to entice investors into binary options trading schemes. Securities regulators have released numerous warnings over the past year saying that no one is registered to offer binary options in Canada. Yet still schemes promoting the get-rich-quick investments continue to proliferate and cause losses for…
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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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Investors rely strongly on VSTOXX derivatives to hedge their exposure to equity and credit markets at Eurex, Europe’s largest derivatives exchange, Deutsche Börse announced earlier today. VSTOXX is the Europe’s volatility benchmark. It reflects investor sentiment uncertainty by measuring implied volatility of the EURO STOXX 50. In February, the Average Daily Volume reached 119,838 contracts.…
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Deutsche Börse Group completed the divestiture of its remaining shareholding in BATS Global Markets, Inc. (Bats: BATS) last night. After receiving a cash and share consideration as part of the acquisition of BATS by Chicago Board Options Exchange, Inc. (NASDAQ: CBOE), the CBOE shares were sold in the market. The divestiture is part of Deutsche…
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The Financial Conduct Authority has today confirmed that it will introduce a deadline for making new payment protection insurance (PPI) complaints. The final deadline for making a new PPI complaint will be 29 August 2019. To encourage consumers to decide whether to act about PPI before the deadline, the FCA will run a two-year consumer…
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