Category: Financial Services

TradeStation Group launches investment education media service and trading community
December 19, 2017 BY Valentina Kirilova

Thomson Reuters launches e-learning courses to help financial industry meet MiFID II requirements

Demonstrating its commitment to deliver a comprehensive suite of solutions to assist the financial services industry with ensuring ongoing compliance with impending MiFID II requirements, Thomson Reuters (NYSE:TRI) announced that it has expanded its e-learning capabilities with new compliance training courses designed to give organizations a clear, concise understanding of the regulatory framework mandated by…

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December 19, 2017 BY Valentina Kirilova

SIX Swiss Exchange internationalizes its product data platform Connexor

SIX Swiss Exchange announced its new strategic partnership with Contineo, a Hong Kong based trading platform for structured products in Asia. SIX will support the standardization of the Asian structured products market by providing its high-performance product life-cycle infrastructure Connexor® in the first half of 2018. This offers synergies and scale opportunities to its shareholders,…

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clone firm FCA warning
December 19, 2017 BY Valentina Kirilova

FCA warns against Hansa Capital Partners clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Hansa Capital Partners. 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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fca warning
December 18, 2017 BY Valentina Kirilova

FCA warns against Axeworth Securities 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 Axeworth Securities. Axeworth Securities 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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ESMA ceases renewal of product intervention CFDs measures
December 18, 2017 BY Valentina Kirilova

ESMA updates Q&A on MiFIR data reporting

The European Securities and Markets Authority (ESMA) has today updated its Questions and Answers (Q&A) regarding data reporting under the Market in Financial Instruments Directive (MiFID II) and Regulation (MiFIR). This document includes updated Q&As on: Unknown date of admission Concept of underlying Non-EU branches of EU Investment firms The purpose of this document is…

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LeapRate interview: Defense against toxic flow, Jeff Wilkins speaks
December 18, 2017 BY Valentina Kirilova

UK Chancellor announces R5-SHCH Connect, partnership between London R5 and Shanghai Clearing House

The UK Chancellor of the Exchequer, Philip Hammond, has formally announced the formation of R5-SHCH Connect, a partnership between R5, the London FinTech leading the digital transformation of Emerging Markets Foreign Exchange trading, and the Shanghai Clearing House, the financial market infrastructure, established to clear and settle China’s financial products. During last week's UK-China Economic…

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cnmv spain forex regulation
December 18, 2017 BY Valentina Kirilova

Spain regulator CNMV warns against unregulated FX sites trade12.com and binomo.com

Spain’s financial regulator National Securities Market Commission (CNMV) has issued a warning regarding two websites - www.trade12.com and https://binomo.com. According to CNMV records, these institutions are not registered in the corresponding registry of this Commission and, therefore, are not authorized to provide investment services. Entity warned EXO CAPITAL MARKETS LIMITED WWW.TRADE12.COM TIBURON CORPORATION LIMITED HTTPS://BINOMO.COM…

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Hong Kong SFC
December 18, 2017 BY Valentina Kirilova

SFC proposes amendments to the Code on Unit Trusts and Mutual Funds

The Hong Kong Securities and Futures Commission (SFC) informed that it has today launched a three-month consultation on proposed amendments to the Code on Unit Trusts and Mutual Funds (UT Code) to update the regulatory regime for SFC-authorized funds and address risks posed by financial innovation and fast-moving market developments. Key proposals include strengthening requirements…

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