Category: Financial Services

fca warning
July 02, 2020 BY Steffy Bogdanova

Traderking, Invcenter and others added to FCA warning list

Traderking Address: Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines Telephone: 01134710070; +41912083263; +44-111-111-11-11 Email: [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected] Website: https://traderking.io/ Invcenter Address: First floor, First St. Vincent Bank Ltd. Building, James street, P.O.B 1574, Kingstown VC0100 St. Vincent and the Grenadines Telephone: +44 20 3991…

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Deutsche Börse
July 02, 2020 BY Steffy Bogdanova

Deutsche Börse’s turnover for June up by 24% MoM

Divided by class of asset, equities generated around €175 billion. Trading ETFs/ETCs/ETNs earned €21.2 billion. The trading volume in bonds was €0.4 billion, in certificates €1.9 billion and in funds €0.2 billion. SAP SE achieved the highest volume from the DAX stock on Xetra in June with €9.2 billion. Commerzbank AG led the MDAX equities…

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tfx japan forex click365
July 01, 2020 BY Valentina Kirilova

TFX Click kabu 365 up 26% in June

Interest Rate Futures contracts The trading volume of Three-month Euroyen futures was 27,298 ( +51.9% MoM / -70.3% YoY ) and its average daily volume was 1,241. Items Jun 2020 Trading Volume Daily Average Change on Previous Month Year on Year Change Total of Interest Rate Futures contracts 27,298 1,241 51.9% -70.3% Three-month Euroyen futures…

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SocGen pleads guilty to client money offences in Australia
July 01, 2020 BY Steffy Bogdanova

SocGen pleads guilty to client money offences in Australia

Each of the offences carries a maximum penalty of approximately $45,000. These offences are regarded as serious misconduct. The legislation has been put in place to protect investors and enhance the confidence and integrity in Australia’s financial markets. The need for the additional license condition which ASIC placed on SocGen’s Australian branch follows the company’s…

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CySEC fines
July 01, 2020 BY Steffy Bogdanova

CySEC fines Harvest Capital Management and others

The companies with monetary penalties include: Harvest Capital Management Public Ltd with administrative fine of €13,000 Cyprus Trading Corporation Plc with administrative fine of €12,500 Aias Investment Public Ltd was fined the amount of €12,500 Regallia Holdings & Investments Public Ltd was fined €6,500 Isxis Investment Public Ltd was fined €6,500 Elma Holdings Public Company…

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CFTC
June 30, 2020 BY Steffy Bogdanova

Long Leaf Trading Group and six employees involved in multi-million dollar options fraud scheme

CFTC’s complaint states that all of Long Leaf’s customers lost money in “Time Means Money” trading program. Over 400 customers lost approximately $6.1 million, while the company made $4.4 million from commissions. The Commission seeks restitution for the defrauded customers, return of the gains, monetary penalties and permanent trading ban. CFTC settled charges against Gecas…

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BaFin employee suspected of Wirecard insider-trading
June 30, 2020 BY Steffy Bogdanova

BaFin takes over in Wirecard balance sheet scandal

The President of the Bavarian Finance Center, Wolfgang Gerke spoke about the failure of the supervisory authorities and said the scandal has done damage that will have “impact for years”. He also said he suspects a corrupt network stands behind the scandal. Following the scandal in Germany, the UK Financial Conduct Authority suspended Wirecard’s UK…

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fca warning
June 29, 2020 BY Steffy Bogdanova

The Lenders, British Market and others added to FCA warning list

The Lenders Telephone: +0300010416; +44 122 739 1454 Email: [email protected]; [email protected] Website: http://thelenders.co.uk/ British Market Address: 2 Bankside London, United Kingdom ​​​​​​​ Website: https://british-market.co.uk/ Citizens Advisory Address: 101 Oxford Street, Manchester, M1 5AN Website: www.citizensadvisory.co.uk FOPU (clone of FCA authorised firm) Address: Unit G25 Waterfront Studios, 1 Dock Road, London, United Kingdom, E16 1AH Telephone:…

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