Markets

Belgium FSMA reaches fee settlement with AVA TRADE EU and iCFD Ltd

Regulation August 23, 2017 —by Valentina Kirilova  0 Belgium monetary regulator FSMA has issued a press release relating to the settlement it reached with AVA TRADE EU Ltd and ICFD Ltd. The agreed settlements encompass a fee of EUR 175,000 by AVA TRADE EU Ltd, EUR 200,000 by iCFD Ltd and publication by title on the web site of the Monetary Providers and Markets Authority (FSMA). AVA TRADE EU Ltd

FCA warns towards Atsuko Ventures agency

Regulation August 23, 2017 —by Valentina Kirilova  0 UK monetary regulator Monetary Conduct Authority (FCA) has issued its newest warning towards an unregulated monetary providers supplier concentrating on UK customers. The FCA’s newest warning is towards the agency Atsuko Ventures. Atsuko Ventures will not be authorised by the FCA however has been concentrating on folks within the UK and can also be carrying on regulated actions which require authorisation: Atsuko

ITI Group expands UK presence by buying Walbrook Capital Markets

Brokers August 23, 2017 —by Valentina Kirilova  0 ITI Group at this time introduced that it has acquired a 100% stake in Walbrook Capital Markets Restricted. Walbrook is an FCA regulated brokerage home offering direct entry to international exchanges and bespoke wealth administration providers. Using an professional group of skilled brokers, Walbrook specialises in a complete vary of asset courses and account varieties together with private buying and selling accounts,

cTrader to reinforce platform with bigger number of predefined tick charts

Platforms August 23, 2017 —by Mike Fox  0 Spotware Methods, a monetary know-how supplier specializing in e-FX STP and direct-access buying and selling, providing complete options for brokers, banks, and their purchasers have introduced a small new characteristic concerning its cTrader platform for Forex and CFDs. An replace technical intraday and scalpers will admire, coming quickly, merchants may have a bigger number of predefined ticks for constructing a tick chart. The

Unique: Torsten Gellert jumps from AxiTrader to Pepperstone as MD Germany

LeapRate Unique… LeapRate has discovered that Australia primarily based Retail FX dealer Pepperstone has continued to construct its presence in Europe, hiring Torsten Gellert because it new Managing Director of Pepperstone Germany. As we completely reported two weeks in the past, Pepperstone recently re-opened its FCA regulated UK-based operation, Pepperstone Restricted. It then requested that each one EEA-based purchasers of the corporate transfer their accounts to the UK branch, in line

Hive raises $eight.95 million to construct blockchain-based bill finance platform

Blockchain August 23, 2017 —by Valentina Kirilova  0 Hive Mission has introduced the profitable completion of its token sale, elevating USD $eight.95 million (BTC 2087) from 2234 international supporters. The Hive Mission tackles boundaries to liquidity confronted by SMEs by offering an alternate supply of liquidity to that provided by conventional monetary establishments. Whereas European Fee studies that SMEs symbolize over 99 p.c of companies within the EU, SMEs in

SEC prices funding adviser with defrauding skilled athlete and spouse

Regulation August 23, 2017 —by Valentina Kirilova  0 The Securities and Alternate Fee (SEC) introduced that has charged funding adviser Jeremy Drake with defrauding two purchasers, a excessive profile skilled athlete and the athlete’s spouse, by deceiving them in regards to the funding advisory charges they had been paying. The SEC alleges that Drake went to elaborate lengths to hide his fraud, together with creating and sending false paperwork and

FCA warns towards Indigo Loans agency

Regulation August 23, 2017 —by Valentina Kirilova  0 UK monetary regulator Monetary Conduct Authority (FCA) has issued its newest warning towards an unregulated monetary companies supplier focusing on UK customers. The FCA’s newest warning is towards the agency Indigo Loans. Indigo Loans will not be authorised by the FCA however has been focusing on individuals within the UK and can also be carrying on regulated actions which require authorisation: Indigo

No buying and selling right this moment in HKEX’s securities and derivatives markets

Exchanges August 23, 2017 —by Valentina Kirilova  0 Hong Kong Exchanges and Clearing Restricted (HKEX) introduced that right this moment’s buying and selling periods within the securities and derivatives markets, together with After-Hours Futures Buying and selling, have been cancelled as a result of issuance of Hurricane Sign No. 10. No securities clearing and settlement companies will probably be supplied for the day. No Inventory Join buying and selling is

Unique: Alex Mackinnon to hitch CFH Methods after leaving AxiTrader / AxiPrime

LeapRate Unique… Following up our unique protection yesterday of the resignation of longtime AxiTrader General Manager Alex Mackinnon, LeapRate has realized that Mr. Mackinnon shall be becoming a member of FX expertise and white label options supplier CFH Methods, in a senior administration position. Alex Mackinnon CFH Methods’ govt administration has confirmed to LeapRate that Mr. Mackinnon’s appointment will take impact as of January 1, 2018, following a short backyard