Search Results for: EC
CySec announced license approval for a new Cyprus Investment Firm
September 6th, 2016
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that “IGM Forex Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firm). The firm is now authorised to ...
Oil Rally Fervor Cools as OPEC Output at Record Before Talks
September 5th, 2016
Investors cut bets on oil rally by most in two years: CFTC OPEC production reached 33.69 million barrels a day last month Investors are realizing that OPEC’s talk of a production freeze may not be much of a restraint, ...
Plus500 reports record half year revenues and profits
September 5th, 2016
Plus500 Ltd has issued today a report to inform in relation to the Interim Results for the six months ended 30 June 2016. Financial Highlights: Operational Highlights: Record first half results: – Continued growth in Active Customers4 – increased ...
Bitcoin Regulation in Russia Takes a U-Turn, Subject to Review
September 5th, 2016
Russia’s stance towards Bitcoin and other cryptocurrencies has taken a U-turn. Last week, the country’s finance ministry stated that it is not in a hurry to introduce the Bitcoin draft law. The ministry is planning to review the draft ...
Northzone raises €300m fund and is eyeing London fintech startups
September 5th, 2016
A European venture capital firm which has previously backed Spotify, iZettle and London fintech startup MarketInvoice, has launched a new multi-million pound fund to plough into tech startups across Europe, including the UK in another vote of confidence in the ...
CySec announced two new firms approved as Cyprus Investment Firms
September 5th, 2016
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued announcements to inform that “Fenix Capital Markets Trading Ltd“ and “Wonderinterest Trading Ltd” have successfully obtained the CySec licence for CIF (Cyprus Investment Firm). ...
CySec announced Αppointment of the Provisional Liquidator of the company Trademarker (Cyprus) Ltd
September 2nd, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform the following in relation to the company TRADEMARKER (CYPRUS) LTD (the «Company»): Upon the request of the company General Technic Limited, a decree was issued on ...
CommSec pays $700,000 in infringement notice penalties and refunds $1.1 million in brokerage
September 2nd, 2016
Commonwealth Securities Limited (“CommSec”) has paid a total penalty of $700,000 to comply with two infringement notices given to it by the Markets Disciplinary Panel (“MDP”), and has voluntarily refunded $1.1 million in brokerage to more than 25,000 clients. Confirmations: disclosure ...
My Global Leverage and its owner fined for Illegal and Off-Exchange Precious Metals Transactions
September 2nd, 2016
The U.S. Commodity Futures Trading Commission (CFTC) announced that Judge Andrew P. Gordon of the U.S. District Court for the District of Nevada entered an Order of default judgment (Order) against My Global Leverage, LLC (MGL), which did business in Las ...
CySec announced approval of two new Cyprus Investment Firms
September 1st, 2016
Further to the announcement that “TG Traderglobal Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firm), the Cyprus Securities and Commission (CySec) has issued today a new announcemnet to inform that the Commission has also approved the firm ...
