Category: Financial Services

FINRA releases report on the rise of RegTech
September 11, 2018 BY Valentina Kirilova

FINRA releases report on the rise of RegTech

FINRA has released a white paper outlining recent regulatory technology (RegTech) developments within the securities industry and potential opportunities and implications these technologies may have for broker-dealers. The report follows an in-depth review conducted by FINRA on the emergence of RegTech tools within the securities industry and summarizes the study’s key findings. Notably, FINRA highlights…

Read more
Cboe Global Markets
September 11, 2018 BY Valentina Kirilova

Cboe Global Markets launches IBHY futures

Cboe Global Markets, Inc. (Nasdaq: CBOE) has announced the launch of Cboe® iBoxx® iShares® $ High Yield Corporate Bond Index (IBHY) futures on Cboe Futures Exchange (CFE). The $8.8 trillion U.S. corporate bond market includes robust cash and exchange-traded fund (ETF) markets, but Cboe IBHY is now the only exchange-listed futures product linked to U.S.…

Read more
TMX Group volumes report
September 11, 2018 BY Valentina Kirilova

TMX Group's total financings decrease 53% MoM in August

TMX Group Limited (TSX:X) has announced August 2018 trading statistics for its marketplaces – Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange (Alpha) and Montréal Exchange (MX). TSX has welcomed six new issuers in August 2018, compared with seven in the previous month and three in August 2017. The new listings were six exchange…

Read more
admiral markets etfs
September 11, 2018 BY Valentina Kirilova

Admiral Markets launches 177 new ETFs for MetaTrader 5

Estonia based Retail FX brokerage firm Admiral Markets Group AS has announced that it has expanded its MetaTrader 5 offering. Company clients can now have access to 177 new ETFs on the Admiral.Invest account. ETFs are investment funds traded in an exchange, much like stocks. Any ETF is an asset portfolio that tracks an index…

Read more
UN report says North Korea laundered $2 billion theft via Hong Kong firm
September 11, 2018 BY Valentina Kirilova

SEC charges two brokers with fraud

The Securities and Exchange Commission (SEC) has informed the public that it has charged two brokers for recommending excessive levels of trading that were costly for retail customers but lucrative for the brokers. In separate complaints filed in federal court in Manhattan on Friday, the SEC alleges that Florida resident Emil Botvinnik and New York…

Read more
FCA warning
September 11, 2018 BY Valentina Kirilova

FCA warns against Finbdo Limited trading as Capital Banks

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 Finbdo Limited. Finbdo Limited is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…

Read more
clone firm FCA warning
September 11, 2018 BY Valentina Kirilova

FCA warns against Carna Capital clone firm

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

Read more
fma scam alert
September 11, 2018 BY Valentina Kirilova

New Zealand FMA warns against Coin Link NZ

The Financial Markets Authority (FMA) has just issued a warning against a scam company called Coin Link NZ. Coin Link NZ Website: www.coinlinknz.co.nz Email: [email protected] Reason for warning: FMA recommends exercising caution before dealing with the website www.coinlinknz.co.nz as it has the characteristics of a scam. The website www.coinlinknz.co.nz is not associated with, nor a…

Read more
fca warning clone firm
September 11, 2018 BY Valentina Kirilova

FCA warns against Richmond Investing clone firm

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

Read more