Search Results for: Forex trader
HSBC faces fresh legal battle over forex manipulation allegation
June 7th, 2017
HSBC is facing a fresh law suit over allegations of forex manipulation. The bank’s traders are being accused of manipulating the markets for their own profit more than a decade ago, according to the Financial Times. ECU Group, a ...
CFTC charged Tallinex with Fraud and Failure to Register as a Retail Forex Dealer
June 6th, 2017
CFTC Charges Estonian Company Tallinex with Fraud and Failure to Register as a Retail Foreign Exchange Dealer and Nevada Company General Trader Fulfillment with Failure to Register as an Introducing Broker The U.S. Commodity Futures Trading Commission (CFTC) announced ...
BNP Paribas to pay a $350 million fine for illegal conduct in Forex trading
May 25th, 2017
DFS fines BNP Paribas $350 million for illegal, unsafe and unsound conduct in connection with BNPP’s foreign exchange trading business Foreign Exchange “Cartel” Manipulated Foreign Exchange Rates, Engaged in Collusion, Executed Fake Trades, Coordinated Trading to Enhance Profits at ...
71 Binary Options and Forex providers added to CFTC RED List
April 26th, 2017
As part of the U.S. Commodity Futures Trading Commission’s (CFTC) ongoing efforts to help protect Americans from fraud, today the CFTC added 71 new names to the RED List. These 71 new additions bring the total number of foreign ...
First in Indonesia: Java Global Futures switches to MetaTrader 5
April 5th, 2017
MetaTrader 5 discovers a new market with considerable investment opportunities – Indonesia. Java Global Futures based in Jakarta has become the first broker in the country offering the multi-asset HFT platform to its traders. Java Global Futures is a member of ...
CySec suspends the license of Cyprus Investment Firms providing Forex and Binary Options trading
April 3rd, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued four announcements to inform investors and public on its decision dated 13/03/2017 to suspend the license of four Cyprus Investment Firms (CIFs). According the announcements, CySec has suspended the authorization ...
FSMA Belgium reports unauthorised Forex and Binary Options providers
March 24th, 2017
The Financial Services and Markets Authority (FSMA), a financial regulator of Belgium, has issued an announcement to warn investors and public against the activities of various providers of/intermediaries in binary options and Forex products, “recovery rooms” and “boiler rooms”, ...
ANZ, Westpac admit breaches in forex trading
March 16th, 2017
ANZ and Westpac have followed rivals and yielded to the corporate regulator’s investigation into banks’ foreign exchange businesses, agreeing to oversight and changes after traders shared confidential client information and traded to benefit themselves. A week after the banks’ ...
Hebron Financial: We don’t need license to trade forex online
March 9th, 2017
The management of Hebron Financial Investment Limited has responded to the Bank of Ghana’s statement announcing it has closed their operations for not having a license. In a rejoinder, the Chief Executive of Hebron, Mr Ebo Eshun said the ...
BCSC warns for a Forex and Futures contracts provider
March 2nd, 2017
The British Columbia Securities Commission (BCSC) has issued a warning to inform public and investors about Trade12, owned and operated by Exo Capital Markets Limited and Global Fin Services Ltd. Trade12 claims to be based in Estonia, and offers an online ...
