The Global Foreign Exchange Committee (GFXC) has released further detail from its 22-23 May meeting in Tokyo, Japan. During the meeting the committee discussed its mandate to consider the case for a comprehensive review of the FX Global Code at least every three years. The GFXC announced that Neill Penney, managing director and co-head of…
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Innovative FinTech company Gold-i just announced that it has added three new senior developers to its team. The company intends to accelerate its expansion to new markets and in particular its product roadmap, with a focus on expanding the functionality of its multi-asset liquidity management platform, Matrix. The new developers, each with over 20 years’…
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UK financial regulator Financial Conduct Authority (FCA) have issued their latest warnings against several unregulated financial services providers and clone firms targeting UK consumers. The FCA’s latest warnings are against the companies: Rapid Cash Loans (clone of FCA authorised firm) Telephone: 03335671204; 03335671078; 03333034467; 03335671304; 02032895691 Email: [email protected]; [email protected]; [email protected]; [email protected] Payment Solutions Group (clone…
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The Commission de Surveillance du Secteur Financier (CSSF) has just warned the public of the activities of an entity named SAP one. SAP one is operating via the website: www.sap-one.net, and claims to be established at 1 rue Hildegard Von Bingen, L-1282 Luxembourg. The CSSF has informed the public that an entity named SAP one…
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Deutsche Bank is on its way to the most significant restructuring in decades. The German bank announced on Sunday that it will exit the global equities sales and trading unit, cut down the investment banking arm and slash 18,000 jobs in order to try to improve profitability. According to CNBC, Deutsche plans to cut 18,000…
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UK financial regulator Financial Conduct Authority (FCA) have issued their latest warnings against several unregulated financial services providers targeting UK consumers. The FCA’s latest warnings are against the companies: Hill Law Associates Address: 150 S Wacker Dr, Chicago, IL, 60606, USA Telephone: +1 855 500 1057 Email: [email protected] Website: www.hill-lawassociates.net Levenson Corporate Partners Address: 2258…
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Moscow Exchange (MOEX) has released its trading volumes for the month of June 2019. Total trading volume across Moscow Exchange’s markets was RUB 66.1 trln in June 2019. The growth leaders were the Equity Market (+38.4%) and Bond Market (+13.6%). Equity & Bond Market Total trading volumes on the Equity and Bond Markets in June…
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The U.S. Securities and Exchange Commission (SEC) announced yesterday that it has charged Fieldstone Financial Management Group LLC and its principal Kristofor R. Behn with defrauding retail investment advisory clients. Behn also fraudulently misused approximately $500,000 of one investor’s funds to pay personal expenses. According to the SEC approximately 40 retail clients of Behn and…
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Deutsche Börse has released the volume report for its cash markets, which generated a turnover of €116.0 billion in June (€153.6 billion same period in 2018). Actually Xetra's €106.3 billion turnover (2018: €142.1 billion) brought the ADV to €5.6 billion. Trading volume on Börse Frankfurt was €2.3 billion (2018: €3.4 billion) and on Tradegate Exchange…
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The UK regulator FCA has put out details of two more clone firms today. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to scam people…
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