Search Results for: regulators
Binary Options providers based in Cyprus and Bulgaria got Cease Trade Orders
April 24th, 2017
The Financial and Consumer Affairs Authority of Saskatchewan (FCAA) has issued two Cease Trade Orders against Mpower Technologies Limited and Melnic Group Ltd. The orders expire on May 3, 2017 and may be extended as necessary. “Despite the issuance ...
World Federation of Exchanges publishes Annual IOMA Derivatives Report
April 22nd, 2017
The World Federation of Exchanges (“WFE”), which represents more than 200 market infrastructure providers including exchanges and CCPs, has today published its annual report into the global derivatives market. Highlights of the report are as follows: – Derivatives volumes continued ...
Trading firm Virtu Financial to buy KCG for about $1.4 billion
April 21st, 2017
Virtu Financial Inc (VIRT.O) said it would buy rival KCG Holdings Inc (KCG.N) in a $1.4 billion deal that brings together two major U.S. electronic trading and market-making firms. The deal comes at a difficult time for high-frequency trading ...
ASIC signs fintech Cooperation Agreement with OJK to promote innovation in financial services
April 21st, 2017
The Australian Securities and Investments Commission (ASIC) and Indonesia’s Otoritas Jasa Keuangan (OJK) have entered a Cooperation Agreement to promote innovation in financial services in their respective markets. The agreement, signed today in Melbourne, establishes a framework for cooperation ...
NZX joins UN Sustainable Stock Exchange initiative
April 19th, 2017
NZX today announced that it has joined the United Nations Sustainable Stock Exchange (SSE) initiative as a partner exchange. The SSE initiative provides a platform for exchanges to discuss environmental, social and corporate governance enhancements and stimulate discussions about ...
London-based derivatives exchange and clearing house to close down
April 12th, 2017
CME Group Intends to Close CME Europe and CME Clearing Europe by Year-End CME Group today announced that it intends to close its London-based derivatives exchange and clearing house, CME Europe and CME Clearing Europe, by year-end 2017. During ...
The Libor trials: Where we are now
April 12th, 2017
Barclays sent shockwaves through the City when, in July 2012, it was fined nearly £300m by British and US regulators for its role in the Libor-rigging scandal. Days later, then chief executive Bob Diamond handed in his notice. The ...
Asia Shares Slump Before Data, Summit; Yen Climbs: Markets Wrap
April 5th, 2017
Investors await Trump-Xi meeting, U.S. jobs data, Fed minutes Shanghai and Taiwan shares advance after holiday breaks Asian equities slipped as investors awaited more clues on U.S. interest rates and economic growth, ahead of a meeting between Donald Trump ...
CFTC Acting Chairman Giancarlo Announced Andrew B. Busch as the Commission’s first Chief Market Intelligence Officer
April 4th, 2017
U.S. Commodity Futures Trading Commission (Commission) Acting Chairman J. Christopher Giancarlo today announced that Andrew B. Busch has been named the Commission’s first Chief Market Intelligence Officer. After spending 30 years in the financial services sector, Mr. Busch comes ...
Early Forex Market Wrap; What to read
March 22nd, 2017
Early Forex Market Wrap: Spain to take measures for Forex and CFDs trading; $6.5 Million penalty in Binary Options fraud case; Yen stretches rally This is an early morning Forex market wrap for the Forex trading industry. A review ...
