Search Results for: CFTC
BofAML upgrade forecasts for British Pound v Euro and Dollar
May 3rd, 2017
Bank of America Merrill Lynch (BofAML) have told clients they are now confident enough on Pound Sterling to raise their forecast profile. Analysts had been expecting one final dip in the UK currency ahead of a more sustained recovery, ...
FIA launches interactive FCM Tracker
April 14th, 2017
FIA announced the launch of a new data product today. The FCM Tracker provides a series of data visualizations that give market participants powerful insights into the ecosystem of U.S. futures commission merchants (FCMs). The FCM Tracker uses data published by ...
Court orders firms to disgorge ill-gotten funds in Binary Options fraud
April 7th, 2017
Federal Court Orders Relief Defendants Westward International Ltd. and Coucarin Holdings Ltd. to Disgorge Ill-Gotten Funds Totaling More than $1.77 Million in CFTC Binary Options Fraud Action The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge James ...
Deutsche Bank and its UK subsidiary to pay $775 million penalty
March 29th, 2017
DB Group Services (UK) Limited (DBGS), a wholly owned subsidiary of Deutsche Bank AG (Deutsche Bank), was sentenced today for its role in manipulating London Interbank Offered Rates (LIBOR) for U.S. Dollar and several other currencies. LIBOR is a ...
Company and its owner ordered to pay $6.5 Million penalty in Binary Options fraud case
March 22nd, 2017
Federal Court in Florida Orders Neil Pecker and His Company, Vision Financial Partners, LLC, to Pay More than $6.5 Million in Restitution and a Civil Monetary Penalty in CFTC Binary Options Fraud Action Relief Defendants Prometheus Enterprises, Inc. and ...
Oil prices drop on rise in U.S. drilling
March 20th, 2017
Oil prices fell on Monday as rising U.S. drilling activity and steady supplies from OPEC countries despite touted production cuts pressured already-bloated markets. Prices for benchmark Brent crude futures were 29 cents, or 0.56 percent, below their last settlement ...
FINRA warns for Binary Options Follow-Up Schemes
March 18th, 2017
The Financial Industry Regulatory Authority (FINRA) today issued an Investor Alert warning anyone involved in binary options trading through unregistered non-U.S. companies to be on guard for a one-two punch: losses followed up by potentially fraudulent pitches to help ...
What FBI do to combat Binary Options fraud
March 16th, 2017
Stock options. It’s a pretty common investment term meaning, in general, that one party sells or offers to another party the opportunity to invest by buying a particular stock at an agreed upon price within a certain period of ...
Oil prices hit 3-month low as U.S. rig count climbs
March 13th, 2017
Oil prices dropped to their lowest in three months on Monday despite OPEC efforts to curb crude output, dragged down as U.S. drillers kept adding rigs. Brent crude LCOc1 had fallen 39 cents, or 0.8 percent, to at $50.98 ...
Interview: SIG Susquehanna on European Volatility & VSTOXX®
March 7th, 2017
Interview with Cathal Hardiman, Derivatives Sales Trader at SIG Susquehanna Set up in 2005, Susquehanna’s European options desk traded 11% of the total volume traded in listed (equity & index) options in Europe. Following the increasing dislocation between the ...
