Switzerland’s Financial Market Supervisory Authority (FINMA) keeps updating its Warning List, with the latest addition being City Bank. The company claims to have an address in Switzerland: Square de l'académie, 1205 Genf and is operating at www.citybank-us.com. The inclusion of City Bank in FINMA’s Warning List means that it might be operating without a licence although…
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ETF provides access to commodity basket comprising energy and industrial and precious metals A new exchange traded fund (ETF) issued by Source has been tradable on Xetra and Börse Frankfurt since Tuesday, Deutsche Börse announced. The Source Bloomberg Commodity ex-Agriculture UCITS ETF enables investors to participate in the performance of a commodity basket comprising eleven…
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London Stock Exchange Group (LSEG) has reached an agreement with Citigroup Inc. (NYSE: C) to acquire The Yield Book and Citi Fixed Income Indices, a fixed income analytics platform and index business comprising a family of fixed income indices (including the WGBI) (together the “Business”) for a total cash consideration of $685 million (£535 million),…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Riverside Escrow Ltd. 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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During his participation in honoring the graduates of ESTA, the Egyptian Exchange (EGX) Chairman demands a way of Communication between ESTA and the regulatory authorities to establish regulations for career practicing. EGX Chairman, Dr. Mohammed Omran participated in the graduation of CETA graduates for technical analysts provided by ESTA and accredited by the International Federation…
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ASIC announced that the Federal Court of Australia has ordered that Macro Realty Developments Pty Ltd, Macro Realty Developments AFSL Pty Ltd, Macro All State Investments and Securities Ltd, Pilbara Property Developments Pty Ltd, Macro Realty Pty Ltd and 511 GTN Pty Ltd ('Macro Group', and Ms Desiree Veronica Macpherson is a director of all…
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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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