The Financial Conduct Authority (FCA) publish today guidelines for financial services firms as Brexit is looming over. On 31 January at 11pm the UK is set to leave the European Union (EU). The FCA informs that the implementation period ends on 31 December 2020, until then EU law will continue to apply. UK firms and…
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Cloud communications service provider Cloud 9 Technologies (Cloud 9) and AI conversational analytics platform GreenKey Technologies (GK) announced yesterday their collaboration in producing a more efficient and secure extraction of voice trading data. The innovative solution will incorporate Cloud9’s C9 Trader voice collaboration platform, GK’s speech recognition (ASR) and natural language processing (NLP) engine with…
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UK regulator FCA has put out the details of three clone firms this week. The names of the latest additions to the regulator’s warning list are the companies Titon Associates Asset Management, Sentinel Growth Portfolio Ltd, and Hedge Invest International. According to the regulator, the fraudsters are using or giving out the following details as…
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New Zealand Financial Markets Authority (FMA) has yesterday added one more names to its list of unregulated firms and suspected scams. The latest addition is the company Halsted Holdings Limited. Halsted Holdings Limited's trading name is Selected Markets. The company is operating via the website www.selectedmarkets.com. According to the regulator, Selected Markets could be involved…
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The Cyprus Securities and Exchange Commission (CySEC) issued a warning yesterday of fraudulent messages sent by City Group Italy Banking Group. The company uses the logo of CySEC and claims to have been authorized by the Italian supervisory authority (CONSOB) to recover investments lost in online trading under “Investor Compensation Fund” act. The content of…
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Forex industry technology provider, Your Bourse announced today that it has expanded its global infrastructure network. The company has previously launched its primary hub in LD4 Equinix data centre. Your Bourse is now also present in LD5, NY4, NY5, CH1, HK1, TY3 and FR2 data centres. Your Bourse will now be able to host Liquidity…
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Global FinTech firm, Gold-i announced today that it has formed a partnership with Tradesocio, a technology provider for the financial industry. Gold-i’s multi-asset liquidity management and aggregation solution, Matrix, has now been integrated into Tradesocio’s Marketplace along with other Gold-i products including its risk management and business intelligence tool, Visual Edge. Tradesocio offers trading and…
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With Brexit deadline afoot this week, London is losing trust even further as a most important financial center. The declining trust is also strengthened by the latest findings in Global Regulatory Outlook (GRO) report of the global advisors Duff & Phelps. Just 34% of senior executives put London as the world’s preeminent financial hub, 20%…
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The Exchange Council of the Frankfurt Stock Exchange (FSE) appointed Michael Klaus as the new Chairman in a constituent meeting yesterday. His predecessor, Michael Rüdiger, left the council. Klaus is a partner at Metzler Bank and a member of the Executive Board of Metzler Holding. Dr. Matthias Zieschang, who is a member of the Executive…
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It's been quite a busy week for the UK watchdog FCA. The regulator has put out the details of some more unauthorised companies today. The names of the latest additions to the regulator’s warning list are the companies Instant Bond Compare, as well as the clone firms IPO-FX and WVH Ethical. According to the regulator, the fraudsters are…
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