Category: Financial Services

February 04, 2020 BY Steffy Bogdanova

New developments on the Moscow Exchange Market

The Russian market operator Moscow Exchange Group (MOEX), announced yesterday that development and construction company Etalon Group started trading Global Depository Receipts (GDRs) on Moscow Exchange’s Equity Market. The start of the trading was marked by a ceremony attended by The Chairman of the Board of Directors of Etalon Group, Sergey Egorov, Ethalon’s CEO, Gennadiy…

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Tokyo Financial Exchange TFX volumes TFX Click 365
February 04, 2020 BY Valentina Kirilova

TFX-Click 365 volume jump 55% MoM in January

Tokyo Financial Exchange (TFX) has released its trading volumes report for the month of January 2020. You can see the highlights below: FX Daily Futures contracts(Click 365) The total trading volume of FX Daily Futures contracts (Click 365) was 1,966,251 ( +17.8% MoM / -30.6% YoY ) and its average daily trading volume was 89,378.…

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January 30, 2020 BY Steffy Bogdanova

FCA instructions for the Brexit implementation period

The Financial Conduct Authority (FCA) publish today guidelines for financial services firms as Brexit is looming over. On 31 January at 11pm the UK is set to leave the European Union (EU). The FCA informs that the implementation period ends on 31 December 2020, until then EU law will continue to apply. UK firms and…

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January 29, 2020 BY Steffy Bogdanova

Cloud9 and GreenKey team up for next generation voice trading

Cloud communications service provider Cloud 9 Technologies (Cloud 9) and AI conversational analytics platform GreenKey Technologies (GK) announced yesterday their collaboration in producing a more efficient and secure extraction of voice trading data. The innovative solution will incorporate Cloud9’s C9 Trader voice collaboration platform, GK’s speech recognition (ASR) and natural language processing (NLP) engine with…

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clone firm FCA warning
January 29, 2020 BY Valentina Kirilova

FCA adds more clone firms to its warning list

UK regulator FCA has put out the details of three clone firms this week. The names of the latest additions to the regulator’s warning list are the companies Titon Associates Asset Management, Sentinel Growth Portfolio Ltd, and Hedge Invest International. According to the regulator, the fraudsters are using or giving out the following details as…

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fma warning
January 29, 2020 BY Valentina Kirilova

New Zealand FMA adds Selected Markets to its warning list

New Zealand Financial Markets Authority (FMA) has yesterday added one more names to its list of unregulated firms and suspected scams. The latest addition is the company Halsted Holdings Limited. Halsted Holdings Limited's trading name is Selected Markets. The company is operating via the website www.selectedmarkets.com. According to the regulator, Selected Markets could be involved…

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cysec cif licence suspension
January 29, 2020 BY Steffy Bogdanova

CySEC warns investors about City Group Italy Banking Group

The Cyprus Securities and Exchange Commission (CySEC) issued a warning yesterday of fraudulent messages sent by City Group Italy Banking Group. The company uses the logo of CySEC and claims to have been authorized by the Italian supervisory authority (CONSOB) to recover investments lost in online trading under “Investor Compensation Fund” act. The content of…

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January 28, 2020 BY Valentina Kirilova

FinTech firm Gold-i partners with tech provider Tradesocio

Global FinTech firm, Gold-i announced today that it has formed a partnership with Tradesocio, a technology provider for the financial industry. Gold-i’s multi-asset liquidity management and aggregation solution, Matrix, has now been integrated into Tradesocio’s Marketplace along with other Gold-i products including its risk management and business intelligence tool, Visual Edge. Tradesocio offers trading and…

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fca fines
January 27, 2020 BY Steffy Bogdanova

London loses to New York as preeminent financial center for second year in Duff & Phelps Global Regulatory Outlook 2020

With Brexit deadline afoot this week, London is losing trust even further as a most important financial center. The declining trust is also strengthened by the latest findings in Global Regulatory Outlook (GRO) report of the global advisors Duff & Phelps. Just 34% of senior executives put London as the world’s preeminent financial hub, 20%…

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