Category: Financial Services

Singapore Exchange launches ESG derivatives
January 25, 2021 BY Steffy Bogdanova

Singapore Exchange launches ESG derivatives

The SGX FIRST (Future in Reshaping Sustainability Together) initiative was announced in December. It is a multi-pronged expansion of the exchange’s sustainability capabilities and supports the introduction of new ESG-focused products, services and platforms. Michael Syn, Head of Equities at SGX, commented: Our leadership in developing a pan-Asia shelf of benchmark equity derivatives has placed…

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HKEX
January 22, 2021 BY Steffy Bogdanova

HKEX to add Mini USD/CNH Futures in first half of 2021

HKEX launches the Mini USD/CNH Futures contract in response to demand from market participants, particularly medium-sized corporates and individuals, for cash-settled and smaller-sized contracts, helping investors to hedge the RMB currency risk of their positions in different assets, such as equities and commodities. The contract size of Mini USD/CNH Futures is $20,000, or one-fifth the…

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FCA warning
January 20, 2021 BY Steffy Bogdanova

BetterFixedSavings, Mizuho International and others added to FCA's warning list

BetterFixedSavings Address: Regus Offices, 68 King William Street London EC4N 7DZ Email: [email protected] Website: betterfixedsavings.com Mizuho International (clone of FCA authorised firm) Telephone: 02037452797 Email: [email protected] Personal Financial Solutions / personalfinancialsolution.co.uk (clone of appointed representative firm) Telephone: 02038856334, 01945339921 Email: [email protected] Website: www.personalfinancialsolution.co.uk Yungshiu International Financial Holdings (UK) Co Ltd (clone of FCA authorised firm) Address: 18th Floor, 60 Wyndham Street, Central, Hong Kong…

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BME launches AI-based Roboadviser Service
January 20, 2021 BY Steffy Bogdanova

BME launches AI-based Roboadviser Service

The service allows the system to understand each investor’s knowledge, financial situation and goals, as well as to take into account their preferences, risk aversion and recurrence, thus allowing the generation of optimal customized portfolios. This new service will be available next month from Diaphanum, which, through its subsidiary IronIA, took part in the proof…

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January 15, 2021 BY Steffy Bogdanova

ThinkMarkets sues former employee for taking sensitive information

The lawsuit said: ThinkMarkets is highly concerned that, among other things, Sorenson has disclosed or will disclose it to his new employer in order to, among other benefits, secure his new employment and otherwise harm ThinkMarkets. Soreson worked at the IT Department of ThinkMarkets almost 5 years until 2 October 2020. The lawsuit says that…

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Whistleblower
January 15, 2021 BY Steffy Bogdanova

SEC awards almost $600K to a whistleblower

So far, the agency has awarded over $738 million to total of 134 individuals since the first award was issued in 2012. Payment of the awards is taken out of an investor protection fund set up by Congress. It is financed through monetary sanctions of security law violations paid to SEC. To be eligible for…

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FCA warning
January 14, 2021 BY Steffy Bogdanova

Finansa, Quantum Code and others added to FCA's warning list

Finansa Address: Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadine Telephone: +442-080-976-000; +442-080-970-364; +442-080-970-365; 02036953556; 02036953558; 01513080053; 01513080054; 03309084059; 03703339091; 07537150345; 03454019139; 07537151388 Email: [email protected][email protected][email protected][email protected][email protected] Website: https://finansa.io/ Quantum Code (Clone of FCA authorised firm) Website: http://qcdaff.qcode.buzz RFX Capital (clone of an FCA authorised firm) Address: 125 Old Broad Street, London Telephone: +44 203 6953487…

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Eurex
January 13, 2021 BY Steffy Bogdanova

Eurex saw 29% growth in the OTC Clearing space in 2020

The company attributed the volumes to a large extent to the Partnership Program which offers participants the chance to share in the economics of OTC IRD clearing and have a say in the governance of Eurex Clearing. Portfolio switch activity also increased significantly throughout the year, while Eurex contracts continue to show a similar spread…

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