The UK Financial Conduct Authority (FCA) today issued a statement regarding RTC Management Solutions Ltd. The FCA says it has refused RTC Management Solutions Ltd’s application to be authorised to conduct claims management regulated activities. This decision follows the transfer of regulatory responsibility for claims management companies (CMCs) to the FCA on 1 April 2019….
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Deutsche Börse AG has successfully placed a corporate hybrid bond in an amount of EUR 500 million. The bond has a term of 26.25 years with a first optional call date after 6 years and a coupon of 2.00 per cent annually until June 2028. Supported by Deutsche Börse AG’s strong credit profile, the offer…
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AUSTRAC has ordered the appointment of an external auditor to three entities within the Bell Financial Group, including Bell Potter Securities Limited, Bell Potter Capital Limited and Third Party Platform Pty Ltd. The appointed external auditor will be authorised by AUSTRAC to assess the three entities’ compliance with the Anti-Money Laundering and Counter-Terrorism Financing Act…
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FCA regulated multi-asset liquidity solutions provider BidX Markets has announced it has received investment from non-bank market maker Solid, in a step towards building a strategic partnership between both financial institutions. Solid, one of the leading ultra-low latency multi-bank ECN providers and BidX Markets will work in collaboration to benefit from both firms longstanding industry…
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Japanese online trading company Rakuten Securities plans to add 200 foreign stocks to its lineup of trading instruments. The additions include the stocks of 100 companies listed on US exchanges and the stocks of 100 companies listed on the Hong Kong exchange. The new instruments include the shares of KLX Energy Services Holdings (KLXE), which…
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Hong Kong-focused Forex broker CLSA Premium Ltd (HKG:6877) has scheduled another meeting of shareholders in order to put to a vote a resolution about the company’s winding up. The meeting is convened at the request of KVB Holdings, a CLSA shareholder, which has been repeatedly pushing for the closure of the broker. An extraordinary general…
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Forex scams tend to lure traders in with the promise of high returns on their investment with little to no risk.From adverts on social media to setting up fake websites, fraudsters use lots of tactics to trick investors into handing over their money.Here, we look at some of the most common forex trading scams and…
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BNY Mellon today announced that Jennifer Barker has been named Chief Executive Officer of its Treasury Services business. In this position, Ms. Barker will assume leadership responsibility for BNY Mellon’s market-leading Treasury Services business, which provides domestic and cross-border payments, US dollar clearing, trade finance and liquidity management capabilities to clients in APAC, EMEA and…
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Bermuda based offshore electronic trading venue 24 Exchange has announced that its new affiliate, 24 Exchange Broker Limited, has received a license from the Bermuda Monetary Authority (BMA) to begin operating as a digital asset service vendor. The company said that this license further cements the 24 Exchange platform at the forefront of seamless exchange trading…
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The Board of Directors of Tradeweb Markets Inc. (NASDAQ:TW) today announced a number of changes to the Board and succession plans for its executive leadership. Tradeweb co-founder and Chief Executive Officer Lee Olesky has been elected Chairman of the Board effective February 11, 2022, and will retire as CEO effective December 31, 2022. The Board…
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