The Cyprus Securities and Exchange Commission (CYSEC) announced in the end of last week the suspension of Cyprus Investment Firm (CIF) authorisation of Prior Capital Cy Ltd. The agency suspended CIF licence number 221/13 because of suspicions of an alleged violation of the Investment Services and Activities and Regulated Markets Law of 2017 regarding the…
Read more
Hauke Stars who has served two terms as a member of the Executive Board of Deutsche Börse AG will not be available for a third. Therefore, the Supervisory Board of the company decided last week to appoint Heike Eckert as full member of the Executive Board of Deutsche Börse AG, effective 1 July 2020. Eckert…
Read more
UK watchdog FCA has put out the details of several unregulated companies and clone firms this week. The names of the latest additions to the regulator’s warning list are the companies [email protected]; [email protected], Open Hub Pro, Fx Pro, GMGFX, Citigroup Asset Management / Citibank Asset Management, Bitmex, MTI24, Lend Finance, FX Goat / @_samfx_ and MCM FX / MCMFX. According to the…
Read more
Moscow Exchange’s Supervisory Board approved the purchase of a minority shareholding in BierbaumPro AG on 5 March. The Board also approved an agreement to acquire up to 100% of BierbaumPro equity over a period of three years. The final price for the Bierbaumpro’s equity will depend on the company’s operational and financial performance. BierbaumPro’s main…
Read more
Avelacom expands to a wider variety of cryptocurrency markets, making it easer for institutions to take advantage of arbitrage and other latency sensitive strategies. Global connectivity and IT infrastructure provider, Avelacom, launched a new point-of-presence (PoP) in Ashburn, Virginia, with direct connectivity to Amazon AWS US – East–1 region. Its most popular route for cryptocurrency…
Read more
FXCM Group, LLC, international foreign exchange trading, CFD trading, cryptocurrencies and related services provider, announced its expansion into equity trading with the launch of a commission-free trading service in collaboration with Interactive Brokers. Equity trading is one of the most popular investment securities for retail traders. FXCM will create a dedicated online and mobile trading…
Read more
United Kingdom Financial Conduct Authority (FCA) quickly took down an official warning against Kraken after apparent confusion but alert about BitMEX remains active. The UK watchdog published a notice on its website on 3 March to warn citizens against Kraken. The warning stated that the second-largest U.S. cryptocurrency exchange by volume is not authorized to…
Read more
Cboe reported their February 2020 volumes, making great raises compared to February the previous year. Options ADV are up with 64%, Futures by 88%, U.S. Equities by 30% and Global FX by 20% YoY. Cboe’s four options exchanges together set a new monthly ADV record with more than 11 million contracts traded in February. A…
Read more
The Russian market operator Moscow Exchange Group (MOEX) reported RUB 69.4 trillion in trading volumes, a 19.9% increase MoM (RUB 57.9 in January 2020). Compared to last year, there is a 11.5% rise (RUB 62.3 trillion for February 2019). Spot FX Market registered the most growth MoM with 60%, followed by Derivatives Market with 40%.…
Read more
UK watchdog FCA has put out the details of several unregulated companies and clone firms this week. The names of the latest additions to the regulator’s warning list are the companies Rogerfin, Currie Consultancy Group, EasyLoan4U, Leonreed Limited / Leonne International, IVL Leasing Limited, Euro 2 Pocket, Euro 2 Pocket / Euro2Pocket, Cleantech Europe Escrow LP, Montague Capital Investments Ltd, Private Wealth Management…
Read more