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...
MetaTrader 5 web platform: Code optimization and new interface features
Added the ability to re-size the web application blocks, including Market Watch and price chart windows.
Added the ability to sort by columns in Trade and History tabs of Toolbox window. The column width can be changed.
Added Details tab and the ability...
Prime of prime brokerage Stater Global Markets launches
Ramy Soliman has been appointed chief executive of the new London-based prime of prime brokerage, Stater Global Markets.
Soliman is a well-known industry figure, with over a decade of experience in senior sales roles at Citi, IG and Integral.
Backed by Stater Holdings in New Zealand,...
