Binary options broker Banc de Binary renounces CySEC license to go unregulated LeapRate

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January 11, 2017 BY Valentina Kirilova

Binary options broker Banc de Binary renounces CySEC license to go unregulated

The Cyprus Securities and Exchange Commission (CySEC) announced that the binary options broker and Cyprus investment firm Banc De Binary Ltd (BDB) has just renounced its authorization. As stated in the renouncement letter of the Company, its authorization with Number 188/13 lapses as from January 15, 2017. It is noted that Banc De Binary Ltd remains…

January 11, 2017 BY Valentina Kirilova

Arran Rowsell joins BGC Partners to further strengthen London credit team

BGC Partners, Inc. (NASDAQ: BGCP), a global brokerage company servicing the financial and real estate markets, announced that Arran Rowsell has joined the Company as Head of Credit Strategy in London. Mr. Rowsell will report to Tony Warner, Executive Managing Director and Head of BGC's brokerage business in London. Mr. Rowsell will oversee the coordination…

January 11, 2017 BY Valentina Kirilova

TMX Group releases decreasing results for its December 2016 financial activity

TMX Group Limited (TSX: X) announced its financing activity on Toronto Stock Exchange and TSX Venture Exchange for December 2016. Toronto Stock Exchange welcomed eight new issuers in December 2016, compared with six in the previous month and three in December 2015. The new listings included two closed-end funds, one exchange traded fund, two life…

January 11, 2017 BY Valentina Kirilova

ASIC warns against scam emails

The Australian Securities and Investments Commission (ASIC) warned its Registry customers to be vigilant of scam emails purporting to be from ASIC. Some customers have received emails containing attachments or links to fake invoices. Fake emails may look different to ASIC emails and generally instruct the recipient to click a link to make a payment…

January 11, 2017 BY Valentina Kirilova

Chinese banks forced to cover tracks of forex regulator

China's forex regulator is telling banks to keep its instructions about curbing capital outflows secret and to ensure that research analysts keep any negative views about the yuan's prospects to themselves, several bankers said, according to Reuters. Both demands are seen as an attempt by the authorities to prevent alarm that could trigger further declines…

January 11, 2017 BY Valentina Kirilova

FCA warns on Savage Finance Limited 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 Savage Finance Limited. Savage Finance Limited is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

January 10, 2017 BY Valentina Kirilova

AMF sets specifics for its ban on the advertising of binary options and CFDs

For several years, the AMF has focused its attention on exposing the danger posed to retail investors by highly speculative products such as forex and binary options trading. In addition to calls for public awareness campaigns, the regulator introduced and now commends the measure included in the “Sapin II” law to ban electronic advertising for…

January 10, 2017 BY Valentina Kirilova

CySEC fines Mutual Trust Ltd €15.000 for noncompliance

Last time we heard of the administrative services provider Mutual Trust Limited was when the Board of the Cyprus Securities and Exchange Commission (CySEC) extended the suspension of the company's ASP license once more. Now, almost a half year later, CySEC informed that has decided to impose a total administrative fine of €15.000 on the ASP Mutual…

January 10, 2017 BY Valentina Kirilova

GAIN Capital reports weak operating metrics for December 2016

GAIN Capital Holdings, Inc. (NYSE: GCAP) just reported its operating metrics for the month of December 2016 and they don't look so good. Retail Segment Metrics OTC average daily volume of $8.6 billion, a decrease of 26.4% from November 2016 and 33.4% from December 2015. OTC trading volume of $189.1 billion, a decrease of 26.4% from…

MOEX launches trading in sunflower seed futures

January 10, 2017 BY Valentina Kirilova

Moscow Exchange reports 24% YoY rise in 2016 total trading volume

Moscow Exchange (MOEX) just announced that in 2016 its total trading volume grew by 24% YoY to RUB 850.4 trln. In December 2016, total trading volumes increased by 18.5% YoY to RUB 89.5 trln. Money Market added 51.1%, Bond Market increased by 132.9% and Equity Market was up by 25.6%. Equity and Bond Market Total trading…

Binary options broker Banc de Binary renounces CySEC license to go unregulated

Arran Rowsell joins BGC Partners to further strengthen London credit team

TMX Group releases decreasing results for its December 2016 financial activity

ASIC warns against scam emails

Chinese banks forced to cover tracks of forex regulator

FCA warns on Savage Finance Limited firm

AMF sets specifics for its ban on the advertising of binary options and CFDs

CySEC fines Mutual Trust Ltd €15.000 for noncompliance

GAIN Capital reports weak operating metrics for December 2016

Moscow Exchange reports 24% YoY rise in 2016 total trading volume

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