The bank set out to buy unlimited amount of government bonds by abandoning loose guidance to buy them at an annual pace of ¥80 trillion. The statement said: “The BOJ will purchase necessary amounts of government bonds without setting an upper limit.” The bank pledged to buy government bonds and short-term securities to keep the…
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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…
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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…
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HKEX’s Head of Markets Wilfred Yiu said: The enhancement will further strengthen our stock-level safeguards during extreme price volatility, and reflect changes in international practice and regulatory guidance. HKEX discovered substantial market support for the proposal for implementing first phase of VCM enhancements, based on the consultation feedback. The first phase includes: Expansion of VCM…
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The website is not associated or authorised by the company Access Finance Limited, registered in New Zealand. Read More: New Zealand FMA adds MetalsWise to its warning list New Zealand FMA adds Horse Forex and Whitley Trading Group to its warning list New Zealand FMA adds Tiger Brokers (NZ) and Profit Bitcoin to its warning list
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MyPlanner Professional applied to the ATT for a review of ASIC’s decision on 12 February. The Tribunal granted a stay to ASIC’s decision on 15 April on a few conditions. MyPlanner Professional must not accept new financial services clients during the period in which the suspension is on hold. By 20 April the company must…
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Christian Dove commented: Synergy has earnt such a great reputation and loyal customer base throughout the past decade because of our commitment in 3 areas. True and actual straight-through processing, absolute transparency and excellent customer service. And now, with the Fintech power of ACY Securities behind us, we are well placed to offer an even…
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Mitrade made some extensive changes on their website such as adding trading insights on forex, commodities and indices; clear illustrations of sentiment indexes; forecast on popular markets in a week, month or quarter; as well as trading analysis to help users build a stronger foundation. The broker also integrated market analysis in weekly newsletter. Laura…
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The SFC found that third party deposits from 2009, 2011 and 2015, made in cheques and bank transfers, were not identified until 2016. The Commission also found extensive deficiencies in its review of BISL’s margin lending and margin call policy from December 2012 to November 2016. The company failed to document and enforce a clear…
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The website claims that the company operates from the UK. However, The Financial Conduct Authority (FCA) in the United Kingdom states that MetalsWise is not registered there. Currently, the company is advertising on New Zealand radio. MetalsWise is not registered or licensed to offer financial services in the country. Read More: New Zealand FMA adds…
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