UK Bonds Capital, Swissquotes Ltd and others added to FCA warning list LeapRate

June 11, 2020 BY Steffy Bogdanova

UK Bonds Capital, Swissquotes Ltd and others added to FCA warning list

UK Bonds Capital Address: 60a Holborn Viaduct, Holborn, London EC1A 2DE Website: www.ukbondscapital.co.uk British Bonds Company Address: 145 City Road, Hoxton, London EC1V 1AW Telephone: 02037695631 Website: https://britishbondscompany.co.uk/ Hamamatsu Merger Group Address: Shiroyama Trust Tower 21F, 4-3-1 Toranomon, Minato-ku, Tokyo 105-0001 Japan Telephone: +81 505 213 0406 Email: [email protected], [email protected], [email protected] Website: www.hamamatsumerger.com Carter Lee…

June 10, 2020 BY Steffy Bogdanova

Former Sidney financial adviser and Royal Commission witness charged with dishonest conduct

ASIC also claims that Henderson gave Financial Services Guide, containing the false claims to at least two clients. The charges follow an investigation into Henderson and his company by ASIC after evidence of misconduct was presented in the Royal Commission. Deputy Chair Daniel Crennan QC said: ASIC is dedicated to improving standards across the financial…

June 09, 2020 BY Steffy Bogdanova

CFTC fines Gain Capital UK nearly $500K for registration and supervision violations

The regulator alleged that Gain UK failed to supervise diligently its US forex customers and missed warning signs of the underlying fraudulent conduct by an unregistered CTA. The company had extensive communication about creating an account with the company with an unregistered CTA with knowledge that the CTA had been rejected from managing accounts with…

June 09, 2020 BY Steffy Bogdanova

Noris ISA, Which Bonds UK and others added to FCA warning list

Noris ISA (clone of FCA authorised firm) Address: 55 Moorgate, London EC2R 6LL Telephone: 0118 207 2782 Email: [email protected], [email protected] Website: www.norisisa.com Which Bonds UK Website: http://www.whichbonds.co.uk/ Nateus Group (Clone of an EEA authorised firm) Address: 65 London Wall London EC2M 5TU United Kingdom Telephone: 02038077681, 0203 808 7010, 02038079112, 02038070830 Email: [email protected], [email protected] Website:…

June 09, 2020 BY Steffy Bogdanova

Cboe launches a new trading tool to protect against quote depletion

The new tool would track significant executions of orders that constitute the best bid or offer on the EDGX or EDGA Book. The mechanism would activate if the best bid or offer displayed on EDGX or EDGA is executed below one round lot. During a QDP Active Period, an MDO would not exercise discretion for…

Eurex reports 192.1 million traded contracts in June

June 08, 2020 BY Steffy Bogdanova

Eurex reports 121.8 million traded contracts in May

Eurex Repo posted 10% MoM decline GC Pooling and Repo markets fell by almost 47% MoM. At the EEX, electricity volumes fell by 23% MoM for May 2020, gas was down by 11% and emissions trading declined by 10%. May 20 Apr 20 Change Financial derivatives: Traded contracts Eurex Exchange European equity index derivatives…

June 08, 2020 BY Steffy Bogdanova

Hong Kong regulator fines Potomac Capital Limited $800,000 for Financial Resources Rules violation

The exclusion of the aged fee receivables would have resulted in monthly liquid capital deficits ranging from $335,000 to $449,000 for Potomac from February to May 2017. The SFC found that Potomac had incorrectly included the fees receivables in its liquid capital for more than three years. However, the company has rectified the FRR breach.…

June 08, 2020 BY Steffy Bogdanova

SGX market turnover for ETFs drops by 55% MoM in May

The tension between the US and China rose during May, driving risk management in currencies. Total FX futures traded volume on SGX increased 17% MoM in May to 2 million contracts. SGX USD/CNH futures traded volume gained 7% MoM to 724,127 contracts, with month-end open interest 16% higher MoM. Continued uncertainty with India extending its…

June 05, 2020 BY Steffy Bogdanova

Six more Eurex ESG futures now available for trading

Launched in February 2019, Eurex has a growing ESG segment with futures on the STOXX® Europe 600 ESG Exclusions, the EURO STOXX 50® Low Carbon and the STOXX® Europe Climate Impact. In October 2019 the company added first exchange-traded ESG options on a European benchmark to its product range. Since its launch, over 1 million…

June 05, 2020 BY Steffy Bogdanova

New Zealand FMA adds Crowd1 and Impact Crowd Technology S.L. and others to its warning list

The New Zealand watchdog found that Crowd1 and Impact Crowd Technology S.L. re not registered companies or financial service providers in New Zealand. Other overseas regulators such as SEC Philippines and FSC – Mauritius have cautioned against Crowd1. FMA also cautions that Mana Atua Mana Maori, www.atua-gov.org and Sovereign Global Bank of Aotearoa may be…

Category: Financial Services