Category: Financial Services

bscs warning
April 30, 2020 BY Steffy Bogdanova

Canadian regulator BCSC warns against i-Coin, BTCExch and others

Richfield Capital Limited dba Analysed Options provides services through a online trading platform and claims to be based in Texas, US. The company operates through website http://www.analysed-options.online. The BCSC has found that Analysed Options accepts fund from British Columbia citizens, however the company has not been registered or authorized to trade in, or advise on,…

Read more
April 30, 2020 BY Steffy Bogdanova

ASIC bans Spectrum Wealth financial adviser

ASIC found Myers to lack adequate training and competence to provide financial services. SMSF may impact customers’ retirement savings and advisers must take the personal circumstances of their clients into account when recommending the establishment of SMSFs. ASIC also banned a New South Wales adviser Alexander Bruce Thomas for a period of three years. Thomas…

Read more
April 29, 2020 BY Steffy Bogdanova

New Zealand FMA adds Techvision to its warning list

New Zealand watchdog FMA also reported that Techvision is not registered as a financial service provider and it is unable to offer financial services to New Zealand residents. Read More: New Zealand FMA adds accessfinancenz.com to its warning list New Zealand FMA adds MetalsWise to its warning list New Zealand FMA adds Horse Forex and Whitley…

Read more
fca warning
April 29, 2020 BY Steffy Bogdanova

Cryptotraderoptions, SLBE BVBA and others added to FCA warning list

Cryptotraderoptions Address: 66 Great Suffolk St, London, SE1 0BL, UK Telephone: +15203650313 Email: [email protected] Website: https://cryptotraderoptions.com/en/ SLBE BVBA (clone of EEA authorised firm) Address: The Shard, 32 London Bridge St, London, SE1 9SG, United Kingdom Telephone: 02036036294 Email: [email protected] Website: www.slbe-bvba.com Alpstone Capital Services Limited (clone of FCA authorised firm) Telephone: +44(0)203 745 9198 Email:…

Read more
Whistleblower
April 29, 2020 BY Steffy Bogdanova

Whistleblower receives $18 million award from SEC

So far, the agency has awarded over $448 million to 81 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…

Read more
fxcm
April 29, 2020 BY Steffy Bogdanova

FXCM releases commission-free share CFD trading expansion

The share CFD trading will be provided on MetaTrader 4, the Trading Station platform and on mobile devices, supporting connectivity for existing customers and reducing the need to switch between providers. FXCM will launch the product for South African and Australian customers with European customers next in line. Brendan Callan, CEO of FXCM said: “Share…

Read more
sfc warning
April 27, 2020 BY Steffy Bogdanova

Hong Kong SFC advises brokers to be cautious in trading crude oil futures and ETFs

Ashley Alder, the SFC’s Chief Executive Officer said: The crude oil market has recently experienced unprecedented volatility, which significantly increases the risks of trading crude oil-related financial products. Firms should prudently manage these risks to protect investors. In a separate letter, the SFC cautioned managers of SFC-authorised futures-based ETFs to remain careful and ensure that…

Read more
April 27, 2020 BY Steffy Bogdanova

JPMorgan teams up with Taulia, unlocks trillions of liquidity

Stuart Roberts commented: We’re taking a relatively short-term risk on larger companies. I couldn’t think of a safer way to inject liquidity into a credit-stressed small- or medium-sized business right now. Taulia Chief Executive Officer Cedric Bru noted that businesses complete over $120 trillion worth of transactions a year and $20 trillion of that are…

Read more
SGX announces trading volumes
April 24, 2020 BY Steffy Bogdanova

SGX releases Q3 volumes, reports net profit of S$138 million

Loh Boon Chye, Chief Executive Officer of SGX, commented: Amid the COVID-19 pandemic, our priority is to keep SGX’s markets relevant, resilient and fully accessible round-the-clock, to serve the heightened demand from market participants for risk management solutions and investment opportunities across our asset classes. Our expanded geographical footprint has helped to support our US…

Read more