Category: Financial Services

SFC fines
July 10, 2018 BY Valentina Kirilova

Citigroup Global Markets Asia Ltd fined $4 million for alternative liquidity pool failures

The Hong Kong Securities and Futures Commission (SFC) has just announced that it has reprimanded and fined Citigroup Global Markets Asia Limited (CGMAL) $4 million over CGMAL’s regulatory breaches in relation to the operations of its alternative liquidity pool (ALP). The disciplinary action followed an SFC investigation on CGMAL, which found that the operations of…

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fca warning
July 10, 2018 BY Valentina Kirilova

FCA warns against Cooper & Sloane Associates firm

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 Cooper & Sloane Associates. Cooper & Sloane Associates is not authorised by the FCA but has been targeting people in the UK and is also carrying…

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Euronext's Optiq trading platform goes live on cash markets
July 10, 2018 BY Valentina Kirilova

Euronext's Optiq trading platform goes live on cash markets

Euronext, the pan-European exchange in the Eurozone, has announced that Optiq, its new trading platform, is now live on cash markets, including equities, structured products, ETFs and fixed income. Optiq gives investors access to trading across all asset classes available on Euronext’s pan-European exchanges. Optiq has demonstrated an average performance latency of as low as…

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fca warning clone firm
July 09, 2018 BY Valentina Kirilova

FCA warns against Cash Plus Xpress clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Cash Plus Xpress. 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…

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fma scam alert
July 09, 2018 BY Valentina Kirilova

New Zealand FMA warns against scam website coinbig.co.nz

The Financial Markets Authority (FMA) has just issued a warning to a suspected scam website coinbig.co.nz. The FMA has recommended exercising caution before dealing with the website www.coinbig.co.nz as it has the characteristics of a scam. The website www.coinbig.co.nz is not associated with, nor an authorised representative of, the New Zealand registered company Coinbig Limited.…

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bscs warning
July 09, 2018 BY Valentina Kirilova

New Zealand FMA warns against En Zheng Gold New Zealand

The Financial Markets Authority (FMA) has just issued a warning to a suspected scam company called En Zheng Gold New Zealand. En Zheng Gold New Zealand Website: www.597hr.com This entity is not registered on the Financial Service Providers Register to provide financial services in New Zealand. Its customers will not have access to a Dispute…

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fca warning
July 09, 2018 BY Valentina Kirilova

FCA warns against FXG Trade firm

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

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