Category: Financial Services

Eurex reports 192.1 million traded contracts in June
December 03, 2019 BY Valentina Kirilova

Eurex Clearing adds cross-currency swaps to its derivatives CCP model

The Eurex Exchange, a subsidiary of Deutsche Börse and Europe’s largest trading platform for derivatives and the third largest in the world, is now expanding the offerings of its clearing mechanism to include EUR/USD and GBP/USD cross-currency swap transactions. Industry observers see this move as one more step towards central clearing for the forex industry.…

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fca warning
December 02, 2019 BY Valentina Kirilova

Another week, another FCA warning

The UK Financial Conduct Authority (FCA) has put out details of another unregulated firm this week. The name of the latest addition to the regulator’s warning list is the company Shore Capital Markets. According to the regulator, the fraudsters are using or giving out the following details as part of their tactics to scam people…

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TFX volumes
December 02, 2019 BY Valentina Kirilova

TFX-Click 365 volume continues to drop MoM in November

Tokyo Financial Exchange (TFX) has released its trading volumes report for the month of November 2019. You can see the highlights below: FX Daily Futures contracts (Click 365) The total trading volume of FX Daily Futures contracts (Click 365) was 1,451,538 ( -29.0% MoM / -43.6% YoY ) and its average daily trading volume was…

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fca warning
November 29, 2019 BY Valentina Kirilova

UK FCA warns against several unauthorised companies

The UK Financial Conduct Authority (FCA) has put out details of several unregulated firms. The names of the latest additions to the regulator’s warning list are OMC Markets, First Allied Advisory Services, Codrington UK, Airborn Investments, FXFinest, Investor Shield, and Trade 100 FM. According to the regulator, the fraudsters are using or giving out the…

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November 29, 2019 BY Valentina Kirilova

FinTech provider Refinitiv joins Tradesocio's marketplace

Global provider of market data and technology tools for the financial industry Refinitiv, formerly the Financial and Risk business of information giant Thomson Reuters (NYSE:TRI), has announced that it has joined TS Marketplace. Its institutional-grade platform is now accessible within Tradesocio’s ecosystem. This integration benefits financial services providers forming the fintech company’s ecosystem in multiple ways, allowing them…

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November 27, 2019 BY Valentina Kirilova

How to get a Hong Kong Forex licence

The following article is courtesy of the liquidity and technology provider of solutions for the crypto and foreign exchange (FX) industry, B2Broker. The text below is an excerpt. Hong Kong is highly regarded as one of the best countries in the world to set up business, and thanks to its business-friendly policies, it has become…

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asic bans
November 27, 2019 BY Valentina Kirilova

ASIC bans former director of Linchpin and Endeavour for 5 years

Australian watchdog ASIC has announced yesterday that it has banned Paul Nielsen, a former director of Endeavour Securities (Australia) Ltd and Linchpin Capital Group Ltd, from providing any financial services for a period of five years. Earlier this year, the regulator obtained orders in the Federal Court against Linchpin and Endeavour for contravening multiple provisions…

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