ESMA Issues Positive Opinion on Short Selling Ban by Spanish CNMV
June 12th, 2017
The European Securities and Markets Authority (ESMA) has issued an official opinion agreeing to an emergency short selling prohibition, for a period of one month, by the Comisión Nacional del Mercado de Valores (CNMV) on net short positions in ...
CFTC Charged a Company and its Owner in a More than $11 Million Trading Futures fraud scheme
June 9th, 2017
CFTC Charged Seattle Residents Sung Hong a/k/a Lawrence or Laurence Hong, Hyun Joo Hong a/k/a Grace Hong, and Her Company Pishon Holding LLC with Fraudulently Soliciting More than $11 Million from Customers in Connection with Trading Futures Federal Court ...
Citigroup Global Markets Australia pays $50,000 in infringement notice penalty
June 9th, 2017
Citigroup Global Markets Australia Pty Ltd (‘Citigroup’) has paid a penalty of $50,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (‘MDP’). The MDP had reasonable grounds to believe that Citigroup had contravened ...
CySec has imposed fines in a collective sum of €405,000 on a number of directors and relevant persons of CommexFX
June 8th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued today a press release to inform about its decision to impose a series of financial penalties on a number of directors and relevant persons of CommexFX Ltd (www.commexfx.com). According the ...
ESMA appoints new chair of the Investment Management Standing Committee
June 8th, 2017
The Board of Supervisors of the European Securities and Markets Authority (ESMA) has appointed Martin Moloney, Head of Markets Policy Division of the Central Bank of Ireland to serve as the chair of the Investment Management Standing Committee. The ...
CMC Markets released Final results for the year ended 31 March 2017; Reduction in profit before tax
June 8th, 2017
CMC Markets plc (“CMC”), a provider of online and mobile trading platform enabling clients to trade over 10,000 financial instruments, has issued today a press release to publish its final results for the year ended 31 March 2017. According ...
Oil rises off one-month lows struck after surprise stock build
June 8th, 2017
Oil rises off one-month lows struck after surprise stock build Crude futures edged up in early Asian trading on Thursday following heavy losses in the previous session after official data showed that U.S. inventories rose for the first time ...
The FMA warns: the number of dubious providers in the Austrian financial market remains high
June 7th, 2017
Austria’s independent, autonomous and integrated supervisory and resolution authority FMA informs in relation to Austrian financial market Investor Warnings issued. According the announcement: In 2016, the FMA initiated a total of 162 investigations in relation to the combatting of unauthorised ...
Back Office Officers
June 7th, 2017
Back Office Officers Reference Number: BOO1017 The position: We are looking for passionate and self-motivated professionals to join our Back Office team. The main responsibilities of the position include: Processing deposits, withdrawals and refunds based on the established policies ...
Projecting the Price of Bitcoin
June 7th, 2017
The wild card in cryptocurrencies is the role of Big Institutional Money. I’ve taken the liberty of preparing a projection of bitcoin’s price action going forward: You see the primary dynamic is continued skepticism from the mainstream, which owns ...
