The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Jabac Finances Limited. 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…
Read moreUK 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 Quality Lending Service. Quality Lending Service is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
Read moreTotal trading volume across Moscow Exchange (MOEX)’s markets rose by 9.1% in April 2018 to RUB 77.4 trln, the exchange has announced. All main markets showed turnover growth: the Equity Market by 83.5%, the Bond Market by 33.2%, the Derivatives Market by 24.7%, the Money Market by 7.6% and the FX Market by 6.3%. The…
Read moreASIC announced that it has commenced proceedings in the Federal Court of Australia against New South Wales financial adviser Graeme Walter Miller and three related companies: CFS Private Wealth Pty Ltd, an Australian financial services licensee (CFS Private Wealth); Combined Financial Solutions Pty Ltd; and BDM Asia Pacific Pty Ltd (formerly known as CFS Corporation…
Read moreDerivatives marketplace operator CME Group Inc (NASDAQ:CME) has announced that WTI Light Sweet Crude Oil futures open interest reached a record 2,695,178 contracts on Friday, May 4, surpassing the previous record of 2,691,028 contracts set on November 10, 2017. Peter Keavey, CME Group Global Head of Energy said: Market participants are using WTI futures and…
Read moreLiVE – the first Thailand crowdfunding platform for startups and SMEs developed by The Stock Exchange of Thailand (SET) with support from the public and private sectors – has officially launched with eight targeted businesses from various sectors such as mobile application, consumer products and medical equipment, to join while prompting over 50 companies to…
Read moreSolactive has just announced the release of the Solactive Australia 200 Index, a new benchmark tracking the performance of the 200 largest companies by market capitalization listed on the Australian Securities Exchange. With this new launch, Solactive expands its range of competitively-priced benchmarks and offers for the first time a broad-market index providing targeted exposure…
Read moreCQG, Inc. just announced its connectivity to the Dalian Commodity Exchange (DCE) to offer global clients access to iron ore futures. The move marks the second Chinese market available on CQG, as the firm continues to expand business in China with offices, local staff, infrastructure, and exchange coverage. China is opening markets with new approved…
Read moreELITE, London Stock Exchange Group’s business support and capital raising programme, just announced that it has welcomed 13 new international companies, bringing the total number of companies in the ELITE community to over 850. The CEOs of the 13 new ELITE international companies and seven CEOs from the newly graduated ELITE companies opened trading in…
Read moreAustralian regulator ASIC announced today that it has modernised and updated its regulatory guidance on the licensing regime for financial markets. Regulatory Guide 172 Financial markets: Domestic and overseas operators (RG 172) introduces a two-tiered market licence regime, applying a risk-based assessment. The new approach has been facilitated by legislative changes, made by the Government…
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