Category: Financial Services

Euronext
February 13, 2020 BY Steffy Bogdanova

Euronext reports double-digit growth in revenue for 2019

The pan-European exchange Euronext has just announced its trading volumes for Q4 and the full year. The acquisition of Oslo Børs VPS last year has significant contributions to Euronext’s revenue and all Oslo activity from July 2019 are included in the report. Highlights from the performance report include: Euronext sees a double-digit revenue growth for…

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fca clone firm
February 13, 2020 BY Steffy Bogdanova

FCA adds more clone firms to its warning list

UK regulator FCA has put out the details of several clone firms this week. The names of the latest additions to the regulator’s warning list are the companies ATUK, Assetz Capital, Bitsmax, First Choice Finance, Goldmans Banc, Triton-Online, Cash Pug Finance and Thestepchange.com / The Step Change. According to the regulator, the fraudsters are using or giving out the following details as…

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fca warning
February 13, 2020 BY Steffy Bogdanova

FCA adds more companies to its warning list

UK watchdog FCA has put out the details of several unregulated companies. The names of the latest additions to the regulator’s warning list are the companies Alliance Private Bank, Fixed Income, Croceus Limited / Croceus Invest, Immediate Edge, I Say Capital, Selected Markets/Halsted Holdings Ltd, Apus Capital and New Rich Markets Ltd. According to the regulator, the fraudsters are using or giving…

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asic ban
February 13, 2020 BY Steffy Bogdanova

ASIC bans Macquarie financial adviser

Australian Securities and Investments Commission (ASIC) announced today the permanent ban of Queensland financial adviser Warren Scott Acworth from providing financial services. The investigation that led to the ban looked into Acworth’s conduct between December 2015 and May 2018 when he was working as adviser with Macquarie Equities Limited and in particular trading activities on…

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cysec suspends cif licence
February 12, 2020 BY Valentina Kirilova

CySEC withdraws Evolve Private Equity Fund Ltd’s AIFLNP licence

The Cyprus regulator CySEC announced today that it has decided to withdraw the AIFLNP licence of a company named Evolve Private Equity Fund Ltd. The Cyprus explained that it has come to this decision because the company has expressly renounced its authorisation. Evolve Private Equity Fund Ltd. is dissolved and put into liquidation in accordance…

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SEC charges
February 12, 2020 BY Steffy Bogdanova

SEC files charges against cryptocurrency scammer defrauding physicians

The Securities and Exchange Commission (SEC) filed charges against an Ohio-based businessman who set up a digital asset scam defrauding around 150 investors, among which many physicians. Michael W. Ackerman allegedly, along with two other businessmen, raised at least $33 million from investors, claiming he developed a proprietary algorithm that traded in cryptocurrencies and generated…

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Euronext
February 12, 2020 BY Valentina Kirilova

Euronext FX volumes up 19% MoM in January

Euronext, the pan-European exchange in the Eurozone, today announced trading volumes for January 2020. LeapRate reminds that Euronext acquired Oslo Børs VPS last year, therefore the below information includes all Oslo activity from July 2019. Euronext FastMatch (now Euronext FX) released $398 billion volume (up 19% MoM from December's $333 billion), considering the 22 trading days…

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TMX Group
February 11, 2020 BY Steffy Bogdanova

TMX Group reports lower volumes for Q4 and full year 2019

The Canadian financial service provider, TMX Group Limited, announced yesterday the results of the fourth quarter and the full year 2019. The total revenue volume for the fourth quarter of 2019 was reported at $202.8 million, a 4% decrease compared to the fourth quarter the previous year. The earnings per share also marked a decrease…

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February 10, 2020 BY Steffy Bogdanova

Eurex adds new ESG futures after successful first year of ESG trading

The international exchange, Eurex, announced the launch of STOXX USA 500 ESG-X Index futures. After a successful year of ESG trading, more and more investment companies are using ESG derivatives. The new futures contract will be a next step in supporting market participants in their sustainable investment strategies beyond Europe. The new STOXX USA 500…

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February 10, 2020 BY Steffy Bogdanova

Moscow Exchange launches new futures contract

The Russian market operator Moscow Exchange Group (MOEX), announced earlier today the launch of cash-settled futures contract on Russian Secured Funding Average Rate, denominated in USD (RUSFARUSD). The new futures contract tracks CCP-cleared repo orders rates and trades General Collateral Certificates (GCC) in USD on MOEX’s Money Market. Igor Marich, FX and Money Market Managing…

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