Category: Financial Services

etf
January 14, 2020 BY Valentina Kirilova

Europe's first medical cannabis ETF listed on Xetra

Deutsche Börse has informed that, as of Tuesday (January 14th), a new Exchange Traded Fund (ETF) of Purpose Investments is tradable on Xetra and Börse Frankfurt. The ETF will be tradable via the white label platform of HANetf. The Medical Cannabis and Wellness UCITS ETF is the first ETF in Europe to offer investors access…

Read more
fca warning
January 14, 2020 BY Valentina Kirilova

FCA issues more warnings against unauthorised companies

The UK watchdog FCA has issued some more warnings against unauthorised companies this week. The names of the latest additions to the regulator’s warning list are Compare ISA deals, Porter Todd Law, Noble Grossart Bank, Kurt Barremaecker. According to the regulator, the fraudsters are using or giving out the following details as part of their…

Read more
CySEC fines
January 14, 2020 BY Valentina Kirilova

CySEC fines Solid Financial Services Limited €10,000

Cyprus regulator CySEC has yesterday announced that it has decided to impose a total fine of €10.000 to the company Solid Financial Services Limited. The company did not ensure that the details regarding derivative contracts concluded were reported to a trade repository. Solid Financial Services Limited has also provided a false statement regarding its reporting…

Read more
January 14, 2020 BY Valentina Kirilova

LuxSE signs Memorandum of Understanding with Macau's exchange

The Luxembourg Stock Exchange (LuxSE) has earlier this week signed a Memorandum of Understanding (MoU) with Chongwa (Macao) Financial Asset Exchange Co., Ltd. (MOX) in Macau. MOX is Macau’s only exchange, established in 2018. The cooperation will mostly focus on promoting cross-border investment and liquidity for offshore RMB-denominated financial products. Robert Scharfe, CEO of LuxSE,…

Read more
FinTech company TigerWit receives Hong Kong SFC licence
January 13, 2020 BY Valentina Kirilova

FinTech company TigerWit receives Hong Kong SFC licence

UK-headquartered global fintech firm TigerWit has announced today that it has been accredited with a Financial Services licence from Hong Kong’s Securities and Futures Commission. Financial innovation in Asia and demand for access to financial markets is growing rapidly and Hong Kong is a major global financial hub.  Tim Hughes, CEO at TigerWit commented on the…

Read more
moex moscow exchange
January 10, 2020 BY Valentina Kirilova

MOEX FX Market volume up 5.4% MoM in December

Moscow Exchange (MOEX) has released its trading volumes report for the month of December 2019. Total trading volume across Moscow Exchange’s markets was RUB 66.3 trln (December 2018: RUB 72.5 trln). Among the growth leaders are the Equity Market with a 52% rise and the Bond Market, up 54.7% (excluding overnight bonds). Equity & Bond…

Read more
fca warning
January 10, 2020 BY Valentina Kirilova

UK FCA issues more warnings against unauthorised companies

It's been a crazy busy week for the UK watchdog FCA. The regulator has put out details of more unregulated firms this week. The names of the latest additions to the regulator’s warning list are Trade Ltd, Inovestments, YORK CG, Guaranteed Fixed bonds, Fixed Return Investments, Lincoln FX, The Sovereign Bond Fund. According to the…

Read more
Euronext
January 09, 2020 BY Valentina Kirilova

Euronext's spot foreign exchange market volume up 6% MoM in December

The pan-European exchange Euronext has just announced its trading volumes for December 2019. LeapRate reminds that Euronext acquired Oslo Børs VPS last year, therefore the below information includes all Oslo activity from July 2019. Cash trading The average daily transaction value on the Euronext cash order book was €8,351 million during the last month of…

Read more