SIX opens F10 and starts new fintech startup accelerator program

SIX, the operator of the Swiss financial market infrastructure, is opening its fintech startup accelerator F10 to more firms in the Swiss financial center under the umbrella of its newly formed F10 Incubator and Accelerator. The aim of the association is to promote Switzerland's fintech...

NFA bars introducing broker Vankar Trading Corp.

NFA permanently bars Chicago, Ill., introducing broker Vankar Trading Corp. from membership and bars its principal and associated person John Karvelas from acting as a principal of an NFA Member for 10 years. October 4, Chicago—National Futures Association (NFA) has permanently barred Chicago, Ill., introducing...

Credit Suisse Paying $90 Million Penalty for Misrepresenting Performance Metric

The Securities and Exchange Commission today announced that Credit Suisse AG has agreed to pay a $90 million penalty and admit wrongdoing to settle charges that it misrepresented how it determined a key performance metric of its wealth management business. A former executive agreed to...

FCA fines Aviva Pension Trustees UK Limited and Aviva Wrap UK Limited £8.2m for Client Money and Assets failings

The Financial Conduct Authority (FCA) has today fined Aviva Pension Trustees UK Limited and Aviva Wrap UK Limited (together Aviva) £8,246,800 for failings in its oversight of its outsourced providers in relation to the protection of client assets. The Client Assets Sourcebook (CASS) rules are...

SGX Index Edge to calculate Nikkei Asia300 series

Singapore Exchange (SGX) and Nikkei Inc. (Nikkei) today announced a collaboration that will see SGX Index Edge developing and managing the headline Nikkei Asia300 Index and related indices. The Asia300 is Nikkei's exclusive list of Asia's biggest and fastest-growing companies from 11 markets. There are...

ICE data services launches best execution for fixed income in EMEA

Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced ICE Data Services has expanded coverage for its Best Execution service to include sovereign and corporate bonds in Europe, the Middle East and...

CME Group Reached Average Daily Volume of 15 Million Contracts per Day in September 2016, up 6 Percent from September 2015

CME Group, the world's leading and most diverse derivatives marketplace, today announced that September 2016 average daily volume (ADV) reached 15 million contracts per day, up 6 percent from September 2015.  CME Group September 2016 options volume averaged 2.9 million contracts per day, up...

Professional portfolio manager has joined RoboForex European team

Today RoboForex wrote on its blog about new portfolio manager joining their team. You can read full info below: "We’re pleased to inform you that RoboForex (CY) Ltd continues working on improvement of trading conditions and services provided to its European clients. According to Konstantin Rashap,...

Android Pay removes ‘grandfathered’ credit cards from Google Wallet

Android Pay, Google’s mobile payment service, has announced that “grandfathered” cards will no longer be supported starting on October 14th. Though in the early stages, many former Google Wallet users were able to bring in Wallet to Android Pay any card they had, even if...

HotForex Crowned Best New Forex Broker in South Africa

Global Banking & Finance Review Honored HotForex With the Best New Forex Broker South Africa 2016 Award Online forex and commodities broker, HotForex added one more trophy to its large and expanding collection by winning the Best New Forex Broker South Africa 2016 accolade. HotForex was...

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