English  |  中文

FCA Blacklists Goldman Sachs Clone Firm & Swiss Crypto Clone1

Another day, another warning published by the Financial Conduct Authority (FCA). This Friday, the regulator has posted two warnings which go to none other than a clone firm of Goldman Sachs, according to the British regulator, as well as another clone firm that claims to offer crypto trading – Swiss Investment Ltd.
3696 Saturday, 15 June 2019 08:10:46 Source:financemagnates

Japan’s Rakuten Securities to offer trailing orders to FX traders

Japanese online trading company Rakuten Securities, a subsidiary of Rakuten Inc (TYO:4755), is planning to enhance the trading capabilities offered to users of its FX trading platforms.
4838 Saturday, 15 June 2019 08:10:32 Source:financefeeds

IG Group Promotes its CIO Jon Noble to COO Role

IG Group on Friday announced an executive reorganization that the company says will better position the UK-based FX broker for the future, as the online trading sector deals with a tough regulatory crackdown.
3943 Saturday, 15 June 2019 08:10:20 Source:financemagnates

Refinitiv Onboards Eduard Poltavsky to Foreign Exchange Unit

Refinitiv, formerly the Financial and Risk business of Thomson Reuters, has lured Eduard Poltavsky, who held several sales roles at major FX venues, to join market development team at its Foreign Exchange unit.
3798 Saturday, 15 June 2019 07:02:35 Source:financemagnates

Another Clone FX Broker Comes Up; FCA Issues Warning

A warning over the scam was issued by the Financial Conduct Authority (FCA), which has been at the forefront of the fight against the financial fraudsters, recently adding Swiss Investment Fx clone to its list of dubious brokers.
4567 Saturday, 15 June 2019 02:31:31 Source:financemagnates

Binance to Block US Access to Main Website

Cryptocurrency exchange Binance said on Friday that it is blocking US customers from accessing its services.
3561 Saturday, 15 June 2019 00:52:17 Source:financemagnates

Australian dispute resolution scheme updates on Berndale Capital Securities case

There has finally been some update on the proceedings involving Berndale Capital Securities, whose Australian Financial Services Licence (AFSL) was cancelled in November last year.
7423 Friday, 14 June 2019 06:37:24 Source:financefeeds

Australian losses due to investment scams surpass $18m in first five months of 2019

Scamwatch, the body operated by the Australian Competition and Consumer Commission (ACCC), has earlier today made public the latest data about investment scams. The information is far from rosy, as Australians reported having lost $18.57 million during the first five months of 2019.
8339 Friday, 14 June 2019 03:21:23 Source:financefeeds

Singapore spurs development of FX trading hub & ecosystem

With the uptick in Asian currency trading and the growth of electronic trading, Singapore’s regulator is working with the financial industry to build an FX trading hub and expand FX market infrastructure, a move to improve liquidity and price discovery during Asian trading hours.
8178 Friday, 14 June 2019 03:21:11 Source:leaprate

UK Financial Services Compensation Scheme declares eight firms in default in May

The UK Financial Services Compensation Scheme (FSCS) has declared eight firms in default in May 2019. Consumers could get back money they have lost as a result of their dealings with any of these eight failed regulated firms.
8179 Friday, 14 June 2019 03:20:59 Source:financefeeds