Abu Dhabi-based ADS Securities has announced the opening of its London office, regulated by the Financial Conduct Authority
Read moreGMO Click Securities, Inc. provider of online securities broking services announced Japanese volumes today with results booming for the month. In September, volumes for spot platform FX Neo were up 79% MoM to ¥90T from August's ¥50.27T, and up 43.3% YoY from September 2013's ¥62.82T. On exchange FX margin contracts for Click365 came in for…
Read moreThe terms proposed in the talks included findings that UBS did not have adequate controls over its FX business plus the bank could face "material monetary penalties" in any deal struck with authorities
Read moreThe Variation of Permission will allow IronFX Global UK to deal as principle and agent in investments as well as to hold client funds.
Read moreAccording to senior banking sources, the settlements, which would be confirmed simultaneously, could cost in the region of £2bn in total...
Read moreThis is the highest fine ever imposed by the FCA or its predecessor the FSA for client assets breaches, reflecting ‘significant weaknesses’ in the systems and controls in Barclays’ Investment Banking Division between November 2007 and January 2012 and the number of affected accounts.
Read moreThe ongoing international probe into alleged FX benchmark manipulation is drawing heavily on the resources of regulators and lawmakers. Has the FCA turned a blind eye to insider trading as a result?
Read moreIn a break from a tradition in which the vast majority of cases brought against firms and individuals by the FCA are settled prior to action, the British authorities follows America's footsteps in confiscating ill gotten gains from a number of jailed insider dealers
Read moreThe UK's FCA has issued a warning regarding Managed Forex trading firm LEM Spreads and LE Management Ltd. The warning states that LEM is not authorised by the FCA, but apparently has been targeting people in the UK. LEM's website states that the company has two locations - one in the UK (in Oxford), and one…
Read moreWith addresses registered in London and Gibraltar, PlusFN is not licensed by the FCA to conduct business in Britain
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