FMA sues Tiger Brokers for AML/CFT breaches LeapRate

December 21, 2022 BY Steffy Bogdanova

FMA sues Tiger Brokers for AML/CFT breaches

Margot Gatland, FMA Head of Enforcement, said: The anti-money laundering and counter financing of terrorism regime is an important pillar to maintaining the integrity of New Zealand’s financial markets, so we take non-compliance seriously. Our case alleges Tiger Brokers failed to appropriately vet customers, respond to activities that should have raised concerns, and maintain records…

September 08, 2020 BY Valentina Kirilova

Exclusive: ATFX expands marketing team, hires CMC Markets' Michael O’Sullivan

Commenting on his new role, O’Sullivan said: I’m excited to be joining a company that is growing both quickly and organically. A huge attraction of the company was its clear and focused ambition to disrupt the industry and become a leading tier one broker. I fully support the company’s evolution from a retail-oriented broker to…

August 25, 2020 BY Valentina Kirilova

Exclusive interview: In talks with BlackBull Markets' Michael Walker

LR: What is the primary focus of BlackBull Markets? Michael: Our primary vision is to provide an institutional multi-asset and service brokerage to both retail and institutional investors giving them affordable market access, stability, accountability, and outstanding service from our FMA regulated New Zealand head office. LR: You just got a NZ derivatives issuer licence.…

August 04, 2020 BY Valentina Kirilova

Exclusive: CCI Traders launches MT5 with ECN

ECN solutions also ensure traders access to Tier-1 liquidity providers while connecting them with other traders and big institutions across the globe. ECN promotes transparency, real market prices, visible bid and ask and more. Speaking on the launch, the company's Media and Communications Manager, Precious Sammy, noted: MT5 is a modern and advanced trading platform…

July 30, 2020 BY Valentina Kirilova

Taking a constructive approach to client integration: IS Prime’s Daniel Crane speaks

LR: A key part of your role is to optimise the client’s setup for pricing and execution. Is this an area that the technology vendors would normally get involved with? Daniel: Much of the value a PoP should offer is in helping clients set up their environment to get the best out of the existing…

June 30, 2020 BY Valentina Kirilova

Forex broker ATFX launches Recur Live Chat solution

The Forex broker has just announced the launch of its optimal Recur Live Chat solution to facilitate customer-specific targets that can help them learn more about customer expectations. The live chat box will provide ATFX with another channel to reach out to their customers since the technology can be leveraged to increase customer engagement with…

June 25, 2020 BY Valentina Kirilova

Exclusive: ActivTrades expects record revenues in H1 2020: A talk with CEO Alex Pusco

LR: How did these new products perform given the plummet in oil prices seen earlier in the year, with WTI even seeing negative prices? These products were quickly developed in response to previously unforeseen prices on oil contracts nearing expiry. We wanted to offer our clients an alternative solution to traditional products that would enable them…

June 17, 2020 BY Steffy Bogdanova

CFD broker Infinox Capital launches MetaTrader 5

Infinox’s clients can access MetaTrader 5 from both desktop and mobile devices. Anthony Stubbs, IX Capital Group Limited CEO, commented: INFINOX prides itself on providing a premium client service and a range of trading tools across multiple assets. The addition of the MetaTrader 5 platform to our product offering continues our commitment to provide our…

June 11, 2020 BY Valentina Kirilova

Exclusive: ATFX reports 41% growth in Q1 trading volumes owed in part to Covid-19 volatility

ATFX also increased its offerings by launching new products, including Gold and natural gas futures, as well as 3M (MMM), the U.S. stock CFD. The COO of ATFX Group, Jeffrey Siu, commented on the news: The positive results we registered in Q1 were driven partly by increased volatility in the global financial markets. The state…

June 09, 2020 BY Valentina Kirilova

Interview with SquaredFinancial's CEO: Traders’ demands in 2020 - access and products

LR: According to you, what are some of the issues in the financial sector at the moment (let’s discuss banking and payment solutions, for example)? One of the main problems facing existing and new brokerages is that they cannot set-up accounts with tier 1 banks to manage payments. They are forced to use tier 2…

Tag: brokers