ICE Benchmark Administration selected for ISDA Credit Determinations Committees secretary role

Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that the International Swaps and Derivatives Association, Inc. (ISDA) has chosen ICE Benchmark Administration (IBA) to be the Secretary to the ISDA Credit...

Saxo Bank announces agreement to sell uruguay subsidiary to DIF Broker

Saxo Bank A/S today announces that it has agreed to sell its Uruguayan subsidiary, Saxo Capital Markets Agente de Valores, to DIF Broker, a long term White Label of Saxo Bank. The transaction, having been approved by the relevant authorities, is subject to customary...

PFSOFT enters Brazilian market with tailor-made solution based on Protrader

PFSOFT, the global fintech developer of multi-asset brokerage and trading solutions, has set up a fully functional branch office in Sao Paulo, Brazil. During the process of establishing presence in Brazil, PFOSFT integrated its brokerage solution Protrader with one of the world’s largest exchanges...

BCSC warns about BinaryOnline, owned and operated by Zola Ltd

BinaryOnline claims to be a binary options trading brokerage based in Sofia, Bulgaria, and offers an online binary options trading platform. A binary option is a type of option whose payout depends on whether the underlying asset (such as a stock, a commodity, a currency...

ASIC releases world-first licensing exemption for fintech businesses

ASIC has today released class waivers to allow eligible financial technology (fintech) businesses to test certain specified services without holding an Australian financial services or credit licence. ASIC Commissioner John Price said, 'ASIC’s 'fintech licensing exemption' is unique. No other major jurisdiction has implemented a...

ASIC charges Sydney man with dishonest use of his position

Following an ASIC investigation, Mr Shun Yuen Ken Li (also known as Leo Lee), of Roseville Chase, New South Wales has pleaded guilty in the Downing Centre Local Court on two charges of dishonestly using his position as an employee. Mr Li, 37, is accused of using his position as...

IPSX chooses Cinnober for exchange technology

Cinnober announces today that it has been selected by the International Property Securities Exchange (“IPSX”) to deliver a managed trading solution. IPSX has applied for approval from the Financial Conduct authority (“FCA”) for a Recognised Investment Exchange (“RIE”) license in order to be able...

FXCM Reports Monthly Metrics

FXCM Inc. (NASDAQ:FXCM) today announced certain key customer trading metrics for November 2016 for its retail and institutional foreign exchange business. November 2016 Customer Trading Metrics from Continuing Operations (1) Retail Customer Trading Metrics Retail customer trading volume (2) of $353 billion in November 2016, 16% higher than October 2016...

Ireland: Central Bank announces Director appointments in Markets Supervision and Financial Stability

Micheal Hodson appointed Director of Asset Management Supervision from January 2017 Mary O’Dea appointed Director of Securities and Markets Supervision from September 2017 Maurice McGuire appointed Director of Financial Stability from July 2017 The Central Bank today announced three appointments at Director level. Michael Hodson...

IronFX Sues Blogger

Well known insolvencies of IronFX have chance to show again after the broker decided to sue the German blogger fighting for due payments to investors funds. The first hearing on the defamation case will be held on December 14th. The last known case related to...

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