Interactive Brokers to pay a $5.5 Million fine
August 21st, 2018
The Financial Industry Regulatory Authority (FINRA) has issued a press release to announce that it has fined Interactive Brokers LLC (Interactive) $5.5 million for Regulation SHO violations and supervisory failures spanning a period of at least three years. To ...
US financial services company will pay millions to settle charges; The reason?
August 17th, 2018
The Securities and Exchange Commission (SEC) has issued an announcement to inform that Ameriprise Financial Services Inc. will pay $4.5 million to settle charges. The Reason According to SEC’s announcement, Ameriprise Financial Services Inc. failed to safeguard retail investor ...
Alternative payments trump traditional rivals in Asia Pacific ecommerce market
August 16th, 2018
Alternative payment methods such as mobile wallets now account for just over half of ecommerce transaction value in Asia Pacific, according to research from GlobalData. The Apac online shopping market is booming, predicted to hit $1.6 trillion this year, ...
cTrader Recognized with an Award for Following ISO 27001:2013
August 14th, 2018
Spotware, an award-winning trading technology provider, has recently attended the Annual Quality Assurance Conference, where cTrader, Spoware’s trading platform, has received the award for its outstanding implementation of ISO 27001:2013 for the Information Security Management System it employs. cTrader ...
Cyprus Investment Firm providing Forex trading fined €130.000
August 2nd, 2018
The Board of the Cyprus Securities and Exchange Commission (‘CySEC’) has issued today an announcement to inform the public that, at the meeting held on June 11, 2018, it has decided to impose a total administrative fine of €130.000 ...
Russia passes tax haven laws to bypass sanctions
August 1st, 2018
International firms can use new laws to establish an offshore domicile and thereby bypass sanctions. The Russian parliament’s upper chamber has approved a package of laws to enable Russia-controlled foreign offshore companies to be re-registered in offshore financial centers ...
Good news for EU companies exporting to Japan; A new Trade Agreement is signed
July 27th, 2018
The EU and Japan have signed an Economic Partnership Agreement (EPA) that will remove the majority of the EUR1bn (USD1.2bn) of duties paid annually by EU companies exporting to Japan. Negotiations toward an EPA began in 2013. An agreement ...
Deutsche Bank subsidiaries will pay nearly $75 million to settle charges
July 23rd, 2018
The Securities and Exchange Commission (SEC) announced that two U.S.-based subsidiaries of Deutsche Bank AG will pay nearly $75 million to settle charges of improper handling of “pre-released” American Depositary Receipts (ADRs). The case stems from a continuing SEC investigation ...
Firm to pay $3.4 Million Penalty for attempted manipulation of agricultural markets
July 16th, 2018
The Commodity Futures Trading Commission (CFTC) issued an Order filing and settling charges against Lansing Trade Group, LLC (Lansing), a commodity merchandising firm with headquarters in Overland Park, Kansas, for the attempted manipulation of the price of certain wheat ...
Back Office Officer
June 25th, 2018
Duties & Responsibilities We are seeking tor recruit a Back Office Officer to join our global team. Receive and review client documents and file/scan appropriately; Continuously liaise with clients regarding collection of documentation; Issue, review and follow up various ...
