UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company Lenders Club Ltd. Lenders Club Ltd is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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The Commodity Futures Trading Commission (CFTC) announced that a federal court has resolved its action against the company 1pool Ltd. and its owner, by entering a Consent Order. 1pool Ltd. and its CEO and owner, Patrick Brunner, have been charged with illegally offering retail commodity transactions that were margined in bitcoin, failing to register as a…
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Deutsche Börse Group announced that has joined forces with Swisscom, the Swiss Information and Communication Technology (ICT) company, and Sygnum, a Swiss and Singapore-based fintech firm. The companies want to build out and grow a trusted and regulatory compliant financial market infrastructure for digital assets. The ecosystem's aim is to enable investors to tap into…
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Cboe Europe, a division of Cboe Global Markets (Cboe: CBOE), announced that Cboe Europe B.V. has just received authorisation from the Dutch Ministry of Finance and will be regulated by the Dutch Authority for the Financial Markets (AFM). Cboe Europe B.V. is Cboe Europe's new subsidiary based in Amsterdam. The company is now authorised to operate a Regulated Market…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company Payton Capital Partners. Payton Capital Partners is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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The Moscow Exchange (MOEX) announced the launch of deliverable futures for the common shares of Polyus and Magnitogorsk Iron and Steel Works (MMK) including options trading on stock futures. The new offerings are an addition to MOEX’s portfolio of stock derivatives, which gives portfolio managers more options when trading the two stocks. A single lot…
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The Cyprus regulator (CySEC) announced that it has decided to withdraw the Cyprus Investment Firm (CIF) authorisation of the company GS Sharestocks Ltd. The Cyprus Investment Firm's authorisation is with Number 262/14 of GS Sharestocks Ltd. The regulator has made this announcement due to GS Sharestocks Ltd’s decision to expressly renounce it. The official announcement…
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The CEO of Saxo Capital Markets, Andrew Edwards recently made the following observations about the rules and limits on the marketing and sale of contracts for differences (CFDs) introduced by the European Securities and Markets Authority (ESMA) on 30th July 2018. CFDs are instruments used by traders to speculate on whether an asset with rise…
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The Securities and Exchange Commission (SEC) revealed that BB&T Securities has finally agreed to reimburse over $5 million to individual investors and to pay a $500,000 fine as part of a settlement for charges that a company it acquired deceived its clients that they were being given all brokerage services by an in-house team at…
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Euronext, an exchange operator within the Eurozone, yesterday released its February 2019 trading volumes report. The report covered the following segments: Cash trading The mean daily transaction value on Euronext’s cash orders book was recorded at €7,314.5 million, which was a 21.8% drop from the values recorded in February 2018, but a 9.0% increase from…
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