CMC Markets’ revenues decline year-on-year in Q3 FY19
The quarter to end-December 2018 was the first full quarter following the implementation of the ESMA measures and CMC continues to adapt to changing client behaviour following regulatory change.
Nadex seeks to distance itself from “Nadex Investment Team”
Nadex Investment Team has not been granted permission to use the Nadex name or logo and is doing so in violation of Nadex’s intellectual property rights.
Saxo Bank releases new version of OpenAPI for Excel
Version 1.0.1 of the solution includes a much-needed UI update, as well as a new functionality in the form of an About button.
US Govt says spoof orders placed by Jim Zhao affect hundreds of market participants
The Government believes that the spoof orders placed by the defendant may have affected hundreds of market participants that traded E-Mini S&P 500 futures contracts while the spoof orders were pending in the market.
FCA outlines proposals on cryptoasset regulation, unauthorized activities to be considered criminal offense
“If you carry on regulated cryptoasset activities involving security tokens, you will need to make sure you are appropriately authorised or exempt”, the FCA says.
Fujitsu’s new AI tech aims to help respond to cyberattacks
The new AI-based technology aims to help companies determine the necessity of cyberattack responses.
UBS seeks reconsideration of NY Court ruling in Sterling LIBOR manipulation lawsuit
UBS AG, which stands accused of manipulation of Sterling LIBOR, asks the Court to reconsider its earlier ruling.
Interactive Brokers’ electronic brokerage segment posts 23% Y/Y increase in pre-tax income in Q4 2018
The electronic brokerage segment saw net revenues increase 26% to $490 million on the back of higher net interest income, commissions revenue and other income.
FINRA to review firms’ activities related to digital assets
Coordinating with the SEC, FINRA will consider how firms determine whether a particular digital asset is a security.
European Commission imposes €570m fine on Mastercard over breach of antitrust rules
The Commission has determined that because of Mastercard’s cross-border acquiring rules retailers paid more in bank services to receive card payments than if they had been free to shop around for lower-priced services.
London Stock Exchange appoints Waqas Samad as Group Director, Information Services Division
Mark Makepeace will remain with the Group during 2019 and assume the role of Non-Executive Chairman, Information Services.
New cTrader Help Centre goes live
cTrader Help Centre offers detailed product guides with step by step instructions on how to use cTrader platform and its features.
France’s AMF turns to investors in order to get extra info about marketing of financial products
The panel of investors will help the AMF get access to information disseminated to by investment service providers and asset management companies to their clients.
IG Group marks 6% decline in net revenues in H1 FY19, in line with forecasts
Whereas ESMA’s product intervention measures weighed on IG’s financial performance in Europe, the broker is successfully expanding in the United States.
US Govt seeks prison sentence for BitFunder operator Jon Montroll
The defense, however, insists Montroll’s good character and role in providing care for many people are sufficient reasons for a sentence involving no incarceration.
