FINRA Sanctions Merrill Lynch $7 Million for Inadequate Supervision of Securities-Backed Leverage in Customer Brokerage Accounts
The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Merrill Lynch, Pierce, Fenner & Smith Inc. $6.25 million and the firm will pay approximately $780,000 in restitution for inadequately supervising its customers’ use of leverage in their Merrill brokerage accounts.
Merrill “loan...
We really want to give Polish traders a fresh alternative – an interview with Andrew Taylor, CEO of Royal
With only a dozen or so days left to the introduction of new regulations prepared by the European Securities and Markets Authority that reduce the maximum level of leverage, Royal is getting more and more popular in the Polish forex industry. We have had an opportunity to pose a...
Calypso Announces Utility Agreement With Equinoxe
Calypso Technology, Inc., a leading provider of capital markets and investment management software, announced today that it has signed a utility partnership agreement with Equinoxe Alternative Investment Services, a premium service provider to the alternative investment management industry.
“The timing of the partnership is excellent....
Marusan Goes Live with Fidessa for Wholesale Agency Trading
Fidessa group plc (LSE: FDSA) today announced that Marusan Securities Co., Ltd., an independent securities company headquartered in Tokyo, has gone live with Fidessa for its wholesale agency trading business. Fidessa is the leading system of choice in the Japanese market with 11 domestic...
Comparic Wins the Award for Blockchain Portal of the Year!
We are excited to inform you, that last weekend during Cryptocurrency World Expo in Warsaw, Comparic received award as the best website connected with cryptocurrencies and blockchain technology (Blockchain Portal of the Year). The award was accepted by CEO and editor of Comparic Media...
Broadridge Expands Presence in Asia with New Singapore Office and Senior Appointment
Broadridge Financial Solutions, Inc. (NYSE: BR), a leading provider of technology and operations, communications and data and analytics solutions for financial services firms, has significantly expanded its on-the-ground presence in the region, affirming its commitment to the Asian market.
Last month, Broadridge moved to its...
Fiserv and Startup GoldBean to Help Financial Institutions Serve Beginning Investors with Tailored Digital Advice and Education
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, is equipping financial institutions to better serve beginning investors with the addition of tailored digital advice and education to Wealth Management Network from Fiserv. Fiserv is adding these capabilities through an...
EXMO Cryptocurrency Platform to Launch Margin Loans with the Power of Crowdsale
EXMO has made an official release statement of their plan to introduce margin loans as the key feature of their platform, which will allow traders to earn more on currency fluctuations by borrowing extra funds. This will bring a whole new way of trading...
TriResolve Margin Signs Over 60 Clients In Anticipation Of The Variation Margin Rules
TriOptima, a NEX Group business which lowers costs and mitigates risk in OTC derivatives markets, announces today that over 60 clients have adopted its triResolve Margin service in anticipation of the new variation margin regulations effective 1 March 2017. These institutions include dealers, buy-side...
Fiserv Reports Third Quarter 2016 Results
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today reported financial results for the third quarter of 2016.
Third Quarter 2016 GAAP Results
GAAP revenue for the company increased 5 percent in the third quarter to $1.38 billion, with 8 percent...
