Category: Financial Services

fca warning
February 17, 2020 BY Steffy Bogdanova

FCA updates warning list with more companies

UK watchdog FCA has put out the details of several unregulated companies, as well as few clone firms this week. The names of the latest additions to the regulator’s warning list are the companies UK Claims Department, Data Financial Services Group, Country Loans, Funds-Recovery.co.uk / Fund Recovery, Cryptomarket, Info Bond Finder / Bond Finder and…

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IronX completes token crowdsale, raises $26 million
February 14, 2020 BY Steffy Bogdanova

ICE Bond completes integration of BlackRock’s Aladdin and opens access to Portfolio Auction functionality

Global exchanges operator and clearing houses, Intercontinental Exchange, Inc. (NYSE:ICE) announced yesterday the completion of ICE Bonds integration with the investment operating system BlackRock’s Aladdin. ICE now offers its customers access to ICE Bonds’ Portfolio Auction functionality, an automated execution protocol for portfolio trading. The new functionality allows investment managers to auction a portfolio of…

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SGX
February 14, 2020 BY Steffy Bogdanova

Don Agro International debuts at S$0.25 on SGX

Earlier today the Singapore Exchange (SGX) added the Russian agri and dairy firm Don Agro International Limited to its Catalist under the stock code “GRQ”. The company appears for the first time on the Singaore stock exchange at S$0.25, 13.6% higher than its initial offering price (IPO). Don Agro operates agricultural products in the Rostov…

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SGX
February 14, 2020 BY Steffy Bogdanova

SGX RegCo uses AI enhancements in its surveillance activities

Singapore Exchange Regulation (SGX RegCo) is making its monitoring and regulating system more effective with the use of artificial intelligence (AI) improvements. Introducing AI in regulation can help single out unusual trading activities through analysis of historical data and avoiding noise from developments between the financial markets. Thus, the regulatory agency can focus on smaller…

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Euronext
February 13, 2020 BY Steffy Bogdanova

Euronext reports double-digit growth in revenue for 2019

The pan-European exchange Euronext has just announced its trading volumes for Q4 and the full year. The acquisition of Oslo Børs VPS last year has significant contributions to Euronext’s revenue and all Oslo activity from July 2019 are included in the report. Highlights from the performance report include: Euronext sees a double-digit revenue growth for…

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fca clone firm
February 13, 2020 BY Steffy Bogdanova

FCA adds more clone firms to its warning list

UK regulator FCA has put out the details of several clone firms this week. The names of the latest additions to the regulator’s warning list are the companies ATUK, Assetz Capital, Bitsmax, First Choice Finance, Goldmans Banc, Triton-Online, Cash Pug Finance and Thestepchange.com / The Step Change. According to the regulator, the fraudsters are using or giving out the following details as…

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fca warning
February 13, 2020 BY Steffy Bogdanova

FCA adds more companies to its warning list

UK watchdog FCA has put out the details of several unregulated companies. The names of the latest additions to the regulator’s warning list are the companies Alliance Private Bank, Fixed Income, Croceus Limited / Croceus Invest, Immediate Edge, I Say Capital, Selected Markets/Halsted Holdings Ltd, Apus Capital and New Rich Markets Ltd. According to the regulator, the fraudsters are using or giving…

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asic ban
February 13, 2020 BY Steffy Bogdanova

ASIC bans Macquarie financial adviser

Australian Securities and Investments Commission (ASIC) announced today the permanent ban of Queensland financial adviser Warren Scott Acworth from providing financial services. The investigation that led to the ban looked into Acworth’s conduct between December 2015 and May 2018 when he was working as adviser with Macquarie Equities Limited and in particular trading activities on…

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