Category: Financial Services

January 12, 2021 BY Steffy Bogdanova

Founder of $147 million GemCoin crypto Ponzi scheme sent to prison for 10 years

He claimed that USFIA extracted amber and other gemstones from non-existent mines it “owned” in the United States, the Dominican Republic, Argentina and Mexico. He ultimately managed to obtain $147 million from 72,000 victims spread globally. The Department of Justice described USFIA as a “multi-level marketing program” which compensated investors for recruiting other investors with…

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ASIC, AFS licence
January 12, 2021 BY Steffy Bogdanova

ASIC cancels Halifax Investment Services’ AFS licence

On 8 January 2019 the Australian watchdog suspended the Halifax AFS licence until 10 January 2020. The suspension followed the appointment of Morgan Kelly, Stewart McCallum and Phil Quinlan of Ferrier Hodgson as joint voluntary administrators of Halifax on 23 November 2018. On 20 March 2019 at the second creditors meeting it was decided to…

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Euronext
January 11, 2021 BY Steffy Bogdanova

Euronext's December volumes down 24.2% MoM

The ADV FX reached $19.9 billion with a 7.8% MoM decrease, compared to the $21.6 billion in the previous month. From a Year-on-year perspective, Euronext FX volumes increased 31% from the $332 billion in December 2019. ADV Euronext FX rose 17.7% YoY in December 2020 from $15.5 billion during the same period last year. Euronext…

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Whistleblower
January 11, 2021 BY Steffy Bogdanova

SEC awards whistleblowers more than $1.1 million

The SEC also awarded over $100,000 to a whistleblower whose independent analysis led to a successful enforcement action. Among other things, the whistleblower conducted an analysis using information from publicly available documents to calculate an estimate of an important metric for a company, and then showed that the company's disclosures regarding that metric were implausible.…

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CME Group
January 07, 2021 BY Steffy Bogdanova

CME Group launches six new Japanese energy futures contracts

The four new electricity contracts are: Japanese power (Day-Ahead) Tokyo base-load futures Japanese power (Day-Ahead) Tokyo peak-load futures Japanese power (Day-Ahead) Kansai base-load futures Japanese power (Day-Ahead) Kansai peak-load futures. The contracts are denominated in Japanese yen using the arithmetic average of the 30-minute Spot Market (Day-Ahead) prices published by the Japan Wholesale Power Exchange…

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FCA warning
January 06, 2021 BY Steffy Bogdanova

UK Bond Associates, British Telecom Bond and others added to FCA's warning list

UK Bond Associates Address: Plantation Place, Billingsgate London Website: www.ukbondassociates.com British Telecom Bond / britishtelecombond.com (Clone of FCA authorised firm) Email: [email protected] Website: www.britishtelecombond.com LBLV Address: Suite C, Orion Complex, Palm Street, Victoria, Mahe, Seychelles. Email Address: [email protected] Phone number: +18886041711 Website: https://lblv.com Instagram: @lblvonline Facebook: @lblvonline Aone Credit Address: 20 Buchanan St, Glasgow, G1…

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CME Group
January 06, 2021 BY Steffy Bogdanova

CME Group reports 19.1 million contracts for 2020

The ADV for Q4 at 16.2 million contracts were up 3.8% up compared to Q3 when it was 15.6 million contracts. The highlights from the fourth quarter include: Record Micro E-mini Equity Index futures and options ADV of 2 million contracts, representing a 332% increase in ADV over Q4 2019 Record Micro E-mini Nasdaq 100 futures…

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tfx japan forex click365
January 04, 2021 BY Steffy Bogdanova

TFX Click kabu 365 down 8% MoM in December

Equity Index Daily Futures contracts (Click kabu 365) The total trading volume of Equity Index Daily Futures contracts (Click kabu 365) was 1,926,433 (-21.0% MoM / +169.6% YoY) and its average daily trading volume was 86,087. Items Dec 2020 Trading Volume Daily Average Change on Previous Month Year on Year Change Click kabu 365 1,926,433…

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