Search Results for: forex
CentrumDirect set to launch online forex platform next week
July 17th, 2015
CentrumDirect, an arm of diversified Centrum Group, is set to launch next week an online forex platform Buyforex. in, which will allow users to see live quotes to buy and sell major currencies in various forms such as prepaid ...
Forex Broker FX World Under Investigation by City of London Police
July 16th, 2015
Currencies-trading firm’s license was suspended in June, says FCA The City of London police are conducting a fraud investigation into currencies-trading firm FX World, according to a person familiar with the matter. “ are investigating a foreign-exchange company in ...
MFSA Malta issued Notices for entities that intend to offer Forex trading and Binary options trading to clients
July 15th, 2015
MFSA Malta has issued two Notices regarding applicants for a Category 2 or Category 3 Investment Services Licence that would like to carry out online forex trading in terms of the Investment Services Act, Cap. 370 and regarding applicants for a ...
Banks face new legal action over forex manipulation
July 15th, 2015
After fines totalling many billions of pounds from UK and US regulators, a new threat is about to hit the major banks found guilty of manipulating the foreign exchange market. US lawyers are preparing multi-million-pound legal action – to ...
FSMA Warnings: Providers of binary options and forex products
July 7th, 2015
The Financial Services and Markets Authority (FSMA) once again warns the public against the activities of various providers of / intermediaries in binary options and/or forex products which engage in unauthorized activities in Belgium. Some of these providers are, ...
UBS signs whistleblower deal with Brazil to avoid punishments in Forex rigging case
July 7th, 2015
Swiss bank UBS has signed a leniency agreement with Brazilian authorities to avoid punishment in the alleged rigging of the country’s currency market. Local newspaper Valor Econômico reported that UBS signed an agreement with Brazil’s antitrust watchdog, the Council ...
Coinsetter and Shift Forex Release Bitbroker
June 23rd, 2015
Coinsetter, the global bitcoin exchange based in New York City, and Shift Forex, a leading foreign exchange consulting firm, announced the launch of Bitbroker, a new bitcoin liquidity and market data service for foreign exchange brokers. Bitbroker enables forex ...
Banks’ Civil Forex Settlements Near $2 Billion
June 18th, 2015
Barclays, BNP Paribas, Goldman Sachs and HSBC recently signed agreements to settle case The total amount paid by banks to settle a civil lawsuit tied to allegations traders manipulated the currency market has now reached almost $2 billion following ...
ISA License Application Stage for Existing Trading Platforms (FOREX) is Concluded
June 2nd, 2015
Israel Securities Authority Chairman, Prof. Shmuel Hauser: “Regulating FOREX activity is designed to ensure that the platforms will be managed properly, while protecting investors’ funds. After licenses are issued, trading platforms will operate in regulated settings according to rules ...
Forex’s ‘Last Look’ Practice Gets Curbed
May 28th, 2015
Two of the world’s biggest currency-trading platforms will restrict a controversial industry practice Two of the world’s biggest currency-trading platforms plan to restrict a controversial industry practice in which banks can pull out of trades at the last moment ...
