Category: Financial Services

insider trading
February 14, 2019 BY Valentina Kirilova

Former senior Apple attorney charged with insider trading

The US Securities and Exchange Commission (SEC) yesterday opened insider trading charges against a former senior Apple Inc.(NASDAQ:AAPL) attorney named Gene Daniel Levoff. According to SEC charges, Levoff was responsible for implementing Apple’s insider trading compliance measures when he used his position to buy Apple shares before quarterly earnings releases. Levoff served as Apple’s company…

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LeapRate interview: Defense against toxic flow, Jeff Wilkins speaks
February 14, 2019 BY Valentina Kirilova

UNSGSA: Regulatory sandboxes not the only tools for regulating inclusive FinTech

A new report titled Early Lessons on Regulatory Innovations to Enable Inclusive Fintech indicates that regulatory sandboxes are not the sole vehicle that can be used by regulatory authorities to encourage financial inclusion, and that there are other tools such as innovation offices that could achieve the same results/goal. The report was commissioned by the United Nations Secretary…

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fca warning clone firm
February 13, 2019 BY Valentina Kirilova

FCA warns against Frontier Markets clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Frontier Markets. 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…

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asic charges
February 12, 2019 BY Valentina Kirilova

Former Deutsche Bank FX trader jailed for fabricating trade entries

A former FX Options and futures trader at Deutsche Bank’s Sydney branch, Andrew Donaldson, was today sentenced to 18 months in prison by the Sydney District Court for fabricating trade entries within the bank’s internal documents and systems, Australian regulator ASIC stated earlier today. Donaldson, who now resides in New Zealand, pleaded guilty to the…

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clone firm FCA warning
February 12, 2019 BY Valentina Kirilova

FCA warns against European Capital Markets Ltd clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm European Capital Markets Ltd. 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…

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fca warning
February 12, 2019 BY Valentina Kirilova

FCA warns against Miller Davis & Partners

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 Miller Davis & Partners. Miller Davis & Partners is not authorised by the FCA but has been targeting people in the UK and is also carrying…

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Eurex reports 192.1 million traded contracts in June
February 12, 2019 BY Valentina Kirilova

Eurex Clearing starts offering swap trades for US-based end clients

Eurex Clearing, part of Deutsche Börse Group, has successfully executed its very first swap trade for US-based end clients. The company’s swap clearing service has been well-received by US firms with Citibank being the first major firm to offer its clients swap clearing using the Eurex service. Eight other major financial services companies have also partnered…

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