The changes concern the rules for investment products and services advertising, as well as the policy for conflicts of interest.
The regulator claims the court order is necessary to ensure preservation of assets of customers of Unique Forex, Blackbox Pulse and White Cloud Mountain.
The solution, powered by fintech company HighRadius, is set to free bank staff from the tedious task of matching incoming payments with invoices.
EBS solves internalization and last look issues in FX: We speak to senior management on what single-ticket execution means
“If you’re a liquidity provider streaming into an aggregator, then it is possible that you don’t know what you’re pricing. It is also potentially the case that you would not be clear on whether you would be pricing $1 million in total, or just $1 million out of a trade that is in total $50 million. Under the current industry-wide method, you cannot be sure that someone else is involved and may move the market” – Tim Cartledge, Global Head of FX & Head of Product, NEX Markets
Police are stepping in to help the fight against cyber and financial crime.
Playtech’s Financials Division will, from now on, be known as TradeTech Group.
Regulatory head firmly in the sand: FX portfolio managers and MAM account providers need not worry about FCA asset management report
The golf clubs in the home counties may well be awash with concern as the officials rub shoulders with the traditional asset managers, however for the plate glass and highly advanced retail FX industry and its associated prime of prime brokerages, integration specialists and technology developers, the level of advancement is already so far ahead of that being chewed over by the blazer brigade.
NFA allegedly exceeded its delegated authority by using its investigation of FXCM “in furtherance of its self-serving efforts to eliminate OTC retail forex trading”.
The initial purchasers have made full use of their option to buy extra $12 million in aggregate principal amount of the notes.
The page dedicated to SuperTrader is no longer available on FxPro’s website and it is no longer possible to open an SuperTrader account.
A part of the fraudulent scheme designed by Blackbox Pulse and Unique Forex managers was the false claim that these companies have accounts at FXCM.
The letter of intent is subject to several conditions including the approval of BCG’s shareholders and board and the approval of BTCS’s board, and the settlement of all of BTCS’ debt prior to closing.
George Popescu has been banned from acting as a company director in the UK for 12 years for selling his firm, Boston Prime, without disclosing the sale and that ‘adjustments’ of $3.33million (about £2.5million) to clients’ trading accounts were disputed.
In a press release, FXCM claims it has “no responsibility or obligation for GLBR’s debt or other obligations”.
Japanese business execs note that the assessment process for registering a cryptocurrency company is taking longer than expected.
This morning, FinanceFeeds took AvaTrade to task over an email sent to its affiliate network in which a competitor and its service provider were the subject of derision in an attempt to onboard clients. In a victory for transparency, the company responded and has made steps to rectify the matter
The Chamber of Commerce and Industry wants the proposals to feature options for appealing the decisions of the Bank of Russia in court.
A drop in the number of users of the service is the reason for the closure of investment advice service.
Companies that resort to attacking competitors rather than succeeding on their own merits are fortunately very rare in the FX industry, and are usually insignificant. Today, AvaTrade makes an aggressive diatribe against CySec regulated brand and its provider. We examine why this is poor practice and should be frowned upon