CySec released Consultation Paper about the Investor Compensation Fund
April 12th, 2017
The Cyprus Securities and Exchange Commission (CySec) has published today (12 April 2017) a Consultation Paper CP(2017-02) about replacement of the legal framework governing the operation of the Investor Compensation Fund. CySec is circulating this Consultation Paper in the ...
CySec informs CIFs for France’s legislation about advertising speculative, complex and risky products
April 12th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular (C202) to inform Cyprus Investment Firms (CIFs) in relation to France’s national legislation regarding the prohibition of electronic advertising to retail investors when offering speculative, complex and risky ...
Japanese Speaking Customer Care Officers
April 12th, 2017
Japanese Speaking Customer Care Officers Reference Number: JP_CCO2017 With over 1,000,000 clients since it was founded in 2009, XM has grown to a large and well established international investment firm and has become a true industry leader. With a ...
SFC reprimands and fines iSTAR International Futures $3 million
April 12th, 2017
SFC reprimands and fines iSTAR International Futures Co. Limited $3 million over anti-money laundering-related internal control failures The Securities and Futures Commission (SFC) has reprimanded iSTAR International Futures Co. Limited, now known as Rifa Futures Limited (Rifa), and fined ...
Luxleaks whistleblower to contest appeal sentence
April 12th, 2017
The man who revealed the Luxleaks scandal, Antoine Deltour, has said he will contest the sentence handed to him last month at the Court of Appeal in Luxembourg. “I don’t think this decision is characteristic of a fair decision ...
EBA finds supervisory authorities have implemented robust IT systems
April 12th, 2017
The European Banking Authority (EBA) published today a Report on the Peer Review carried out on its ITS on supervisory reporting aimed at assessing how supervisory authorities have ensured its consistent and comprehensive implementation. The Report summarises the outcomes ...
Japan Stocks Tumble, Yen Gains Amid Risk Aversion: Markets Wrap
April 12th, 2017
Gold remains at year’s high as geopolitical concerns linger Treasuries extend gains, oil climbs for seventh session Japanese shares tumbled after the yen jumped to the highest since November as investors avoided riskier assets amid lingering geopolitical concerns. Treasuries ...
FXCM reports customer trading volume of $225 billion in March 2017
April 12th, 2017
FXCM Group, LLC (“FXCM Group” or “FXCM”), a leading international provider of online foreign exchange trading, CFD trading, spread betting and related services, today announced certain key customer trading metrics for March 2017 for its retail and institutional foreign ...
Multinational law firm launches global FinTech mentors program
April 11th, 2017
Hogan Lovells is launching a Global FinTech Mentors Program, through which its most experienced Financial Services and Regulatory partners will guide FinTech organizations, at any stage of development, through their FinTech journey. FinTech mentors will be available to organizations ...
ITG reports trading volume was 3.7 billion shares for March 2017
April 11th, 2017
ITG (NYSE:ITG), a leading independent broker and financial technology provider, today announced that March 2017 U.S. trading volume was 3.7 billion shares and average daily volume (ADV) was 159 million shares, compared to 2.9 billion shares and ADV of ...