fca
Darwinex's Juan Colón Reveals The Launch of DARWINs, New FX Platform
- Forex Magnates reached out to Juan Colón, the Co-Founder and CEO of Darwinex, a P2P Asset Manager, to discuss the new launch of DARWINs and the firm’s innovative new approach to forex trading.
Thursday, 14/08/2014 | 16:31 GMT by
Jeff Patterson
FCA Gives Green Light on Sabet’s GLIO Financing of London Capital Group
Thursday, 14/08/2014 | 16:02 GMT by
Ron Finberg
Quebec's AMF Issues Warning against Unauthorized Activity of 24 Companies in Canada
- Canada’s Autorité des marchés financiers (AMF) has issued a warning to Quebec investors about the use of forex and binary options platforms, specifically citing 24 companies that are presently unauthorized in Canada.
Tuesday, 12/08/2014 | 17:17 GMT by
Jeff Patterson
Breaking: Plus500 Aims towards Cyprus, Takes First Recruiting Steps
- Forex magnates has learned that the FCA regulated broker has commenced conducting interviews in Cyprus. The company has declined to confirm the report, stating that no hiring has yet occurred in the FX hub.
Monday, 11/08/2014 | 16:31 GMT by
Avi Mizrahi
Regulators Enhance Global Cooperation as Fx Rates’ Criminal Investigations Drag On
- The FCA received thousands of assistance requests from law enforcement agencies worldwide in 2013, a 14% increase. A Serious Fraud Office probe targeting institutional dealers’ chat rooms will continue into 2015.
Monday, 11/08/2014 | 08:49 GMT by
Avi Mizrahi
Darwinex Takes Curtain off Its DARWIN Exchange Investors Platform
- Making its first public appearance as it gets launched to demo is UK FCA regulated broker Darwinex's investible index exchange of what they call Dynamic And Risk Weighted INvestment (DARWIN).
Sunday, 10/08/2014 | 13:33 GMT by
Ron Finberg
UK's Regulator FCA Warns against Dealing with Leveltrade Ltd
- The company fraudulently claims on its website that it is registered in the UK, while on the bottom part of its website a short piece of text reveals that the operator is registered in the St Vincent and Grenadines.
Friday, 08/08/2014 | 11:24 GMT by
Victor Golovtchenko
The FCA Outlines Do's & Don'ts in Social Media Financial Promos
- The UK regulator has taken the initiative of clarifying compliance issues arising from using the new ways of interaction with customers of the financial industry by issuing a guidance consultation paper.
Thursday, 07/08/2014 | 09:47 GMT by
Victor Golovtchenko
LQD Markets Officially No Longer Authorised by Cyprus Watchdog
- FX broker LQD Markets Ltd has officially renounced its CySEC authorization to provide investment services and now operates and an FCA regulated entity alone as Forex Magnates reported before it had planned.
Tuesday, 05/08/2014 | 09:48 GMT by
Avi Mizrahi
Lloyds Banking Group Faces over $200 Million Fine in LIBOR Manipulation Charges
- The British and American regulators have settled against Lloyds Banking Group plc and affiliates for false trade reporting and the manipulation of LIBOR & Repo Rates, levying the third highest fine by the FCA.
Monday, 28/07/2014 | 14:06 GMT by
Jeff Patterson
Slovene Securities Market Agency Issues Warning against Worth Ltd
- The Slovene Securities Market Agency has issued a warning to investors about the activities of the Worth Ltd, which is operating through the site name VenetFX, having failed to obtain proper authorization.
Thursday, 24/07/2014 | 18:44 GMT by
Jeff Patterson
UK's FCA Close to FX Rigging Settlement Agreements with Several Major Banks
- Bloomberg reports sources close to the investigation have stated that that the UK's Financial Conduct Authority is close to settling with Barclays, Citigroup, JPMorgan Chase & Co and UBS, RBS and HSBC pending.
Wednesday, 23/07/2014 | 18:13 GMT by
Victor Golovtchenko
FCA Initiates Prosecution of Currencytrader Over Alleged Fraud
- Phillip Harold Boakes of currency-trader.co.uk is accused by the British financial watchdog of theft, six counts of fraud, three counts of using a false instrument and accepting deposits without authorization.
Wednesday, 23/07/2014 | 14:21 GMT by
Avi Mizrahi
Exclusive: James Watson Lands at Pioneer Trader Ltd Following FXall Departure
- Following his departure from FXall and Thomson Reuters, ex-Forex Chief, James Watson has landed at Pioneer Trader Ltd (PTL), where he will take over as the Managing Director and develop the group's product suite.
Monday, 21/07/2014 | 20:10 GMT by
Jeff Patterson
Benchmark Rates and FX Probe Grab Attention at FCA Public Talk
- The FCA held its first annual meeting since the 2012 regulatory overhaul. Its chairman has vowed protecting the British consumer and promoting free competition, while promising new FX probe findings in 2015
Thursday, 17/07/2014 | 19:30 GMT by
Adil Siddiqui
LQD Markets Cyprus Set to Wrap up, Clients Informed Accounts to Be Migrated to UK Entity
- The company has shared with its clients that their accounts are to be migrated to the UK FCA regulated entity LQD Markets UK by the 7th of July, as the Cypriot company is set to stop functioning “soon after that date”.
Tuesday, 17/06/2014 | 17:35 GMT by
Victor Golovtchenko
eToro and IronFX Bolster Their UK Units as Industry IPO Chatter Rises
- London continues to be the hub of the FX world, not only for the interbank market but for retail a well. Case in point has been the flock of brokers establishing a presence in the country to increase their brand appeal.
Thursday, 12/06/2014 | 16:58 GMT by
Ron Finberg
As FCA Defends HFT and SEC Goes Neutral, “Big Tobacco Lawyer" Steps into the Ring
- Regulators have adopted a mild approach, but the lawyer who made Big Tobacco companies pay billions has filed a class action lawsuit against exchanges who allowed front running. His name, by the way, is Michael Lewis.
Monday, 09/06/2014 | 20:27 GMT by
Victor Golovtchenko
Exclusive: Mitch Eaglstein is Appointed CEO of Fortress Prime
- A month after leaving Boston Technologies Mitch Eaglstein is back with full swing, leading Fortress banking’s dubai-based prime brokerage division. The affiliate company's equity is close to $130 Million.
Friday, 06/06/2014 | 13:41 GMT by
Victor Golovtchenko
Exclusive: eToro Solidifies UK Operations with Appointment of Paul Chrimes as Director
- Since become licensed by the FCA in 2013, social trading broker eToro has been migrating its operation towards the UK. Solidifying their presence in the country, they have appointed Paul Chrime as UK Director.
Monday, 26/05/2014 | 11:20 GMT by
Ron Finberg
X Open Hub Adds Multi Account Management & IB Modules to Its XOH Trading Platform
- XOH has added the xMAM and xIB modules to its open trading platform environment, to better cater to brokerages and their respective money managers and introducing brokers, with additional tools and functionality.
Monday, 19/05/2014 | 19:25 GMT by
Steven Hatzakis
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