Category: Financial Services

FCA warning
November 10, 2020 BY Steffy Bogdanova

the-ratesclub.com, Margin Elite and others added to FCA's warning list

The-ratesclub.com Address: 16 Upper Woburn Place London WC1H 0AF Website: The-ratesclub.com MarginElite / Margin Elite Telephone: 02080684341; +74992164936 Email: [email protected]; [email protected] Website: https://marginelite.com The ISA Finder Website: www.theisafinder.com Thunder Loans Address: St Albans House, 57/59 Haymarket, London, SW1Y 4QX Telephone: 02032902244 Email: [email protected]; [email protected] Website: www.thunderloans.co.uk Fixed Rates UK Address: 42 Bowling Green Lane, Farringdon,…

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Hong Kong SFC
November 09, 2020 BY Steffy Bogdanova

Hong Kong SFC fines Credit Suisse Securities $2.1 million over breaches of electronic trading requirements

The incident was caused by a logic error in the symbol mapping programme used by Credit Suisse generating market making quotes. The SFC determined that Credit Suisse’s internal controls and regular tests in place at the time failed to prevent or promptly detect the errors and these failures constitute breaches of electronic trading requirements. In…

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FCA warning
November 06, 2020 BY Steffy Bogdanova

invest-select.com, Invicta-Securities and others added to FCA's warning list

invest-select.com Website: invest-select.com Invicta-Securities (clone of FCA authorised firm) Telephone: +33 09 71 07 76 04 Website: www.invicta-securities.com Markets profit / Marketsprofit.com / Profit Market Trading (clone of FCA authorised firm) Website: http://www.marketsprofit.com/uk/en/ Email: [email protected] Lasso Limited Trading Names: InvestforImpact; Impact Energy Address: 77 Stokes Croft, Bristol, BS1 3RD Telephone: 0800 047 8951 Email: [email protected];…

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Canadian regulator BCSC warns against Highgoldminings.com, Crypto Hallmark Investment and others
November 06, 2020 BY Steffy Bogdanova

Canadian regulator BCSC warns against Avariz Group and others

Fx Stock Trade Income, operating through website https://fxstocktradeincome.com, claims to be located in London, United Kingdom, and offers trading services on crypto assets, foreign exchange options and commodities. The company, however, is not registered to trade in, or advise on, securities or derivatives in BC. Skycapital purports to belocated in St. Vincent and Grenadines, and it also claims…

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Euronext
November 06, 2020 BY Steffy Bogdanova

Euronext reports total revenue up 12.7% YoY in Q3 2020

Euronext reported net income, share of the Group, for Q3 2020 of €70.2 million with 10.6% rise compared to Q3 last year. Adjusted Earnings Per Share (EPS) was at €1.12 for Q3 2020, up by 13.8% from the same period last year. Stéphane Boujnah, Chief Executive Officer and Chairman of the Managing Board of Euronext,…

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CFTC penalty
November 05, 2020 BY Steffy Bogdanova

The CFTC orders Venture Capital Investments to pay $900K in a digital asset and Forex Ponzi Scheme

The order stems from a complaint against VCI filed on 14 February 2020. The court established that the defendants fraudulently solicited over 72 clients to invest in commodity pools that purportedly trade in forex and digital assets, including bitcoin, only to then misappropriate the money. Further, the court uncovered that the defendants lured their clients…

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Euronext
November 05, 2020 BY Steffy Bogdanova

Euronext FX down almost 13% MoM in October

The ADV FX reached $18 billion with a 12.8% MoM decrease, compared to the $21 billion in the previous month. From a Year-on-year perspective, Euronext FX was also down with 4.6%  from the $429 billion in October 2019. ADV Euronext FX fell 0.2% YoY in October from $18 billion during the same period last year.…

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