Category: Financial Services

Whistleblower
May 05, 2020 BY Steffy Bogdanova

Whistleblower receives $2 million award from SEC

So far, the agency has awarded over $450 million to 82 individuals for their help since the first award was issued in 2012. Payment of the awards is taken out of an investor protection fund set up by Congress. It is financed through monetary sanctions of security law violations paid to SEC. To be eligible…

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May 05, 2020 BY Steffy Bogdanova

Deutsche Börse reports 42% MoM decrease in April volumes

Divided by class of asset, equities generated around €148.3 billion. Trading ETFs/ETCs/ETNs earned €21.7 billion. The trading volume in bonds was €0.5 billion, in certificates €1.9 billion and in funds €0.3 billion. Allianz SE achieved the highest volume from the DAX stock on Xetra in April with €7.8 billion. Commerzbank AG led the MDAX equities…

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May 04, 2020 BY Steffy Bogdanova

CME Group reports 17.8 million contracts for April

The company’s monthly metrics highlights from April include Equity Index ADV reaching 119% growth from April 2019. -mini S&P 500 futures ADV increased 60% compared to the same period the previous year. Micro E-mini Equity futures ADV reached 1.7 million contracts and equity Index options ADV grew 33% YoY. In April, energy ADV increased 38%…

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FinTech company TigerWit receives Hong Kong SFC licence
May 04, 2020 BY Steffy Bogdanova

TigerWit reports revenues increase of 24% for the financial year

Tim Hughes, CEO at TigerWit, commented: The last financial year has been both successful and transformational for the Group as we progressed our strategy of broadening our global footprint and further developing our technology. These investments position us to offer an innovative suite of trading and fintech products to retail investors around the world. This…

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May 04, 2020 BY Steffy Bogdanova

New Zealand FMA adds Karatbars to its warning list

New Zealand watchdog FMA found that other regulators have also cautioned about Karatbars: BaFin (German Federal Financial Supervisory Authority) Financial Sector Conduct Authority (FSCA), South African regulator British Columbia Securities Commission Autorite des Marches Financiers (AMF), Quebec Bank of Namibia (BoN) Read More: New Zealand FMA adds Techvision to its warning list New Zealand FMA…

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Cboe Global Markets
May 04, 2020 BY Steffy Bogdanova

Cboe reports 28% increase in net revenue for Q1 2020

Edward T. Tilly, Cboe Global Markets Chairman, President and Chief Executive Officer commented: The first quarter 2020 was defined by tremendous market uncertainty fueled by the COVID-19 pandemic. We took swift action to protect the health of our associates and trading floor community, while maintaining orderly markets to serve our customers and the investing public.…

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Tokyo Financial Exchange TFX volumes TFX Click 365
May 01, 2020 BY Steffy Bogdanova

TFX Click kabu 365 down 61% MoM in April

Items Apr 2020 Trading Volume Daily Average Change on Previous Month Year on Year Change Click kabu 365 1,390,279 64,216 -62.2% 232.0% Nikkei 225 Daily Futures contract 935,772 42,535 -61.8% 192.2% DJIA Daily Futures contract 438,853 20,898 -62.5% 402.7% DAXR Daily Futures contract 7,483 374 -73.1% 38.4% FTSE 100 Daily Futures contract 8,171 409 -73.1%…

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moex moscow exchange
May 01, 2020 BY Steffy Bogdanova

MOEX Supervisory Board re-elected Oleg Viyugin as Chairman

The new and re-elected members are as follows: The Audit Committee members are Ramón Adarraga, Paul Bodart, Alexander Izosimov and Maria Gordon, elected as Chairperson. Nomination and Remuneration Committee members are Oleg Viyugin, Maria Gordon, Maxim Krasnykh and Alexander Izosimov, elected as Chairperson. Strategy Planning Committee members are Ramón Adarraga, Oleg Viyugin, Andrey Golikov, Dmitriy…

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bscs warning
April 30, 2020 BY Steffy Bogdanova

Canadian regulator BCSC warns against i-Coin, BTCExch and others

Richfield Capital Limited dba Analysed Options provides services through a online trading platform and claims to be based in Texas, US. The company operates through website http://www.analysed-options.online. The BCSC has found that Analysed Options accepts fund from British Columbia citizens, however the company has not been registered or authorized to trade in, or advise on,…

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April 30, 2020 BY Steffy Bogdanova

ASIC bans Spectrum Wealth financial adviser

ASIC found Myers to lack adequate training and competence to provide financial services. SMSF may impact customers’ retirement savings and advisers must take the personal circumstances of their clients into account when recommending the establishment of SMSFs. ASIC also banned a New South Wales adviser Alexander Bruce Thomas for a period of three years. Thomas…

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