Search Results for: regulators
CFTC Orders FXCM to Pay More Than $843,000
September 9th, 2015
The U.S. Commodity Futures Trading Commission (CFTC) has issued a press release to inform on its decision to order Forex Capital Markets, LLC to pay more than $843,000 for Supervision and Record-Production Violations and for Violating a Previous Commission Order. ...
ASIC Australia bans a broker and a former financial adviser from providing financial services
September 8th, 2015
The Australian Securities & Investments Commission (ASIC), has issued a press release to inform in relation to its decision to ban broker Mr. Raghwa Nand Prasad from providing financial services and from engaging in credit activities for four years ...
UK’s leading Fintech company driving global transformation in FX market
September 8th, 2015
LMAX Exchange has been ranked the UK’s sixth fastest growing technology company in the 2015 Sunday Times Tech Track 100 league table, marking the third consecutive year (#1 in 2014 and #15 in 2013) the company has featured in ...
Barclays has two blockchain ‘labs’ in London and is planning 45 experiments with the technology
September 7th, 2015
Like pretty much every other major bank at the moment, Barclays is very interested in the potential of the blockchain, the technology that underpins bitcoin. The Sunday Times reported this week that Barclays is planning to let charities accept bitcoin later ...
SEC Charges Hedge Fund Adviser
September 7th, 2015
The Securities and Exchange Commission (SEC) has issued a press release to inform that the Commission charges Seattle-Area Hedge Fund Adviser With Taking Unearned Management Fees. Two Accountants Charged With Performing Deficient Audit of Fund According to SEC announcement, ...
UBS Building Virtual Coin For Mainstream Banking
September 7th, 2015
Swiss bank UBS is working on a prototype virtual currency that it hopes will be used by banks and financial institutions as a basis to settle mainstream financial markets transactions. But unlike the bitcoin digital currency, the Swiss bank’s ...
UK fintech firm Alpha Insight rolls out into global banking sector
September 3rd, 2015
Company aims to simplify “spaghetti” of IT systems in the financial services industry Alpha Insight, a UK fintech company with a three-year track-record of exceptional delivery, is looking to shake up the global financial sector through its real-time process ...
History of Bitcoin: The journey of a virtual currency
September 3rd, 2015
The biggest thing to hit the global market since the invention of currency is the word “Bitcoin”. What started merely as an alternate electronic payment system soon became the seventh wonder of modern economy. But while most of us ...
China regulator says punishes three stock trading platforms
September 3rd, 2015
China’s securities regulators said it would fine three firms that run stock trading platforms, after finding that they were offering services to unqualified investors, it said late on Wednesday. Hangzhou Hang Seng Network Technology Services Ltd, a subsidiary of ...
CySec informs CIF’s and set deadline to comply regarding their web address and Domain name
September 2nd, 2015
The Cyprus Securities and Exchange Commission (CySec) has issued a circular to inform CIF’s regarding the website address they use, their Domain name and possible redirection of their clients to a website of another person. Specific, CySec wishes to ...
