UK online financial trading firm IG Group Holdings plc (LON:IGG) has announced that after last night’s TV debate and the Tories social care U-turn, IG clients have become more bullish on Labour's chances in next week’s vote. However, Labour still trail mightily based on where traders are putting their money. And, their overall fortunes have…
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Bats, a CBOE Holdings, Inc. (NASDAQ: CBOE) company, today announced a relaunch of its EDGA Equities Exchange, in response to industry feedback and debate on exchange fee structures. The change moves EDGA from an inverted pricing model – characterized by fees to ‘add’ and rebates to ‘remove’ liquidity – to a simple, low fee model.…
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Cyprus financial regulator CySEC has announced the 'partial suspension' of the CIF license granted to retail forex broker XTrade Europe Ltd., which operates the XTrade.com and XForex.com websites. The reason for the suspension? Marketing issues. CySEC stated that XTrade's marketing materials and ads do not seem to be fair, clear and not misleading. And by issuing…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Cash Loans For You. 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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The European Securities and Markets Authority (ESMA) has issued today a Communication regarding the launch of reference data submission under the Market Abuse Regulation (MAR). With today’s communication, ESMA announces that its IT system for the collection of financial instrument reference data under MAR (i.e. the Financial Instrument Reference Data System – FIRDS) will become…
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ETCs provide access to performance of gold and palladium Two new exchange traded commodities (ETCs) issued by BNP Paribas Arbitrage Issuance B.V. have been tradable on Xetra and Börse Frankfurt since Tuesday. The new ETCs enable investors to participate in the performance of two precious metals: gold and palladium. Each ETC is based on the…
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The European Securities and Markets Authority (ESMA) has updated today its Q&A on practical questions regarding the implementation of the Market Abuse Regulation (MAR). The updated Q&As include new answers regarding: Disclosure of inside information related to Pillar II requirements; and Blanket cancellation of orders policy. The purpose of this document is to promote common…
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The Monetary Authority of Singapore (MAS) announced that it has completed its two-year review of banks involved in 1MDB-related transactions known to-date. In its latest regulatory actions, MAS has imposed financial penalties on Credit Suisse and United Overseas Bank (UOB), as well as issued Prohibition Orders (POs) against three individuals and served notice of its…
Read moreMillennium Exchange announced that has released its new version of Oslo Børs’ trading system. Application certification is required for all software applications before they can be used towards Oslo Børs’ trading system. The purpose is to ensure that new software applications accessing the trading system does not pose threats to the normal operation and stability…
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Belize financial regulator IFSC (International Financial Services Commission) has issued a warning regarding the business company One Life Network Limited. It has come to the notice of the IFSC that an entity calling itself ‘One Life Network Limited’, an International Business Company registered in Belize, is conducting trading without first obtaining the required licence from…
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