Category: Financial Services

June 12, 2018 BY Valentina Kirilova

ASIC implements financial benchmark regulatory regime

Australian regulator ASIC announced that it has today finalised and published benchmarks rules, a significant benchmarks declaration, and a regulatory guide in a further series of measures towards establishing a comprehensive regulatory regime for financial benchmarks. This follows the establishment of a robust licensing regime for financial benchmarks through the recent passage of legislation through…

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June 11, 2018 BY Valentina Kirilova

TOCOM and HKEX sign MoU

Hong Kong Exchanges and Clearing Limited (HKEX) and Tokyo Commodity Exchange (TOCOM) have announced that they have today signed a Memorandum of Understanding (MOU) to further promote their cooperation through information exchanges, staff exchanges, product development and joint promotion. HKEX Chief Executive Charles Li said: The signing of the MOU marks the start of a…

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June 11, 2018 BY Valentina Kirilova

FCA warns against Efforex clone firm

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

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June 11, 2018 BY Valentina Kirilova

Cboe reports record average daily notional value for Cboe LIS

Cboe Global Markets, Inc. (Nasdaq: CBOE) has reported highlights from May 2018 for Cboe Europe Equities, including record average daily notional value (ADNV) traded for its block trading platform, Cboe LIS, as well as its Periodic Auctions book. The proportion of activity on the Cboe Periodic Auctions book that is a result of broker priority…

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June 11, 2018 BY Valentina Kirilova

Pico announces expansion with the Warsaw Stock Exchange

Pico, a financial infrastructure services provider, has recently launched direct connectivity to the Warsaw Stock Exchange (GPW) colocation facility. The GPW is one of the largest and most liquid venues in Central and Eastern Europe and clients interested in connecting to the multi-asset trading marketplace may now do so via direct connectivity or by hosting…

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June 11, 2018 BY Valentina Kirilova

FCA warns against Tradeovest clone firm

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

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June 08, 2018 BY Valentina Kirilova

FCA warns against The Haighton Ruth Group clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm The Haighton Ruth Group. 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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June 08, 2018 BY Valentina Kirilova

FCA warns against Newmont Wealth Advisory 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 Newmont Wealth Advisory. Newmont Wealth Advisory is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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