GigaFX, The Profit Prince and others added to FCA warning list LeapRate

May 07, 2020 BY Steffy Bogdanova

GigaFX, The Profit Prince and others added to FCA warning list

GigaFX Telephone: +44 1223790268; +61 386447406 Email: [email protected] Website: https://gigafx.com The Profit Prince Instagram: @noahmuni Facebook: The Profit Prince (Group) Website: www.theprofitprince.com isa-search.co Address: 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ Telephone: 0203 435 7865 Website: http://www.isa-search.co/ Email: [email protected] La Talento LTD /Talento Trading LTD Email: [email protected] Website: Talentotrading.com Facebook: https://www.facebook.com/Talento-Trading-100539414751952/ Instagram: https://www.instagram.com/tomaadelin /…

May 07, 2020 BY Steffy Bogdanova

Bloomberg Tradebook charged for order routing misrepresentations

From November 2010 to September 2018, around 6.4 million Tradebook customer orders were routed through these unaffiliated broker-dealers. The “Low Cost Router” practice was in contradiction to Tradebook’s marketing materials, advertising that customer orders would be routed by Tradebook’s own “advanced” technology, based on price and liquidity factors. Moreover, Tradebook provided unverifiable execution venue information…

May 06, 2020 BY Steffy Bogdanova

ESMA approves extensions of four trade repositories registrations to include SFT reporting

SFTR aims to improve the transparency of securities financing market and accordingly requires all counterparties to SFTs to report the details of any SFT they have concluded, as well as any modification or termination, to a registered trade repository (TR). The regulation also provides for the direct supervision and registration of TRs by ESMA –…

May 06, 2020 BY Steffy Bogdanova

Cboe reports 24% MoM fall in April trading volumes

Cboe's April highlights include: Each of Cboe’s four options exchanges registered gains in ADV compared to the same period the previous year: Cboe Options Exchange (C1) up 20%, C2 up 39%, Cboe BZX up 104%and Cboe EDGX up 130%. S&P 500 Index (SPX) options ADV rose 5.7% compared to April 2019. Cboe EDGX Equities Exchange…

May 05, 2020 BY Steffy Bogdanova

ASIC bans Olive Financial Markets Pty Ltd director from financial services

In addition, ASIC banned former director, Scott John Morrison, from providing financial services for seven years, effective from 3 April 2020. ASIC found that Morrison is not competent to provide financial product advice. Moreover, he failed to act in the best interest of his clients and engaged in misleading or deceptive conduct. On 17 March…

May 05, 2020 BY Steffy Bogdanova

Platinum Forex Signals, Quantom Capital and others added to FCA warning list

Platinum Forex Signals Telephone: 07748195640 Website: www.platinumforexsignals.com Instagram: @george_pfx; @fx.platinum Quantom Capital a trading style of Protiviti International Limited Address: 30 St Mary Axe, London EC3A 8EP, UK; 53 B, Nikola Y. Vaptsarov Blvd., Mandarin office center, 1407 Sofia Telephone: 02039669250 Email: [email protected]; [email protected] Website: www.quantomcapital.com Wyelands Bank (clone of FCA authorised firm) Email: [email protected];…

May 05, 2020 BY Steffy Bogdanova

Whistleblower receives $2 million award from SEC

So far, the agency has awarded over $450 million to 82 individuals for their help 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…

May 05, 2020 BY Steffy Bogdanova

Deutsche Börse reports 42% MoM decrease in April volumes

Divided by class of asset, equities generated around €148.3 billion. Trading ETFs/ETCs/ETNs earned €21.7 billion. The trading volume in bonds was €0.5 billion, in certificates €1.9 billion and in funds €0.3 billion. Allianz SE achieved the highest volume from the DAX stock on Xetra in April with €7.8 billion. Commerzbank AG led the MDAX equities…

May 04, 2020 BY Steffy Bogdanova

CME Group reports 17.8 million contracts for April

The company’s monthly metrics highlights from April include Equity Index ADV reaching 119% growth from April 2019. -mini S&P 500 futures ADV increased 60% compared to the same period the previous year. Micro E-mini Equity futures ADV reached 1.7 million contracts and equity Index options ADV grew 33% YoY. In April, energy ADV increased 38%…

FinTech company TigerWit receives Hong Kong SFC licence

May 04, 2020 BY Steffy Bogdanova

TigerWit reports revenues increase of 24% for the financial year

Tim Hughes, CEO at TigerWit, commented: The last financial year has been both successful and transformational for the Group as we progressed our strategy of broadening our global footprint and further developing our technology. These investments position us to offer an innovative suite of trading and fintech products to retail investors around the world. This…

Category: Financial Services