Investment Bank VP Charged With Insider Trading
The Securities and Exchange Commission today charged a vice president in the risk management department of a New York-based investment bank with insider trading on confidential information he learned in advance of a private equity firm’s acquisition of a publicly-traded technology company.
The SEC alleges...
PFSOFT makes changes to pricing for Protrader
PFSOFT, the global fintech developer of multi-asset brokerage and trading solutions, announces that it is waiving the $150,000 license fee for its B2B product line - Protrader solutions.
From now on any company that will be interested to use Protrader Multi-Asset brokerage platform will be...
ASIC consults on consolidating ASIC market integrity rules
ASIC has today released a consultation paper proposing to consolidate and clarify Australia's market integrity rules.
There are currently 14 market integrity rule books that set out obligations and prohibitions applying to activities and conduct on eight licensed financial markets. Collectively, these rule books amount...
One Million Dollars of Savings in Pepperstone!
Pepperstone decided to in order to celebrate its return to the Old Continent, has prepared for customers a promotion where active investors can take advantage of reduced spreads and commissions - the combined pool is $1 million!
Hurry up, the pool shrinks every minute!
The million...
ASIC Provides Guidance for Initial Coin Offerings
ASIC today released guidance to help issuers of initial coin offerings (ICOs) consider their legal obligations when offering coins or tokens.
ASIC Commissioner John Price said 'We want to ensure innovative firms understand the regulatory framework they may be operating under and ensure they meet any...
CFTC Staff Provides Relief Associated with Swap Trade Confirmations
The U.S. Commodity Futures Trading Commission's (CFTC) Division of Market Oversight (DMO) today issued a no-action letter extending relief associated with swap trade confirmation requirements that previously was provided in CFTC Staff Letter 16-25, which expires March 31, 2017.
The letter extends the relief until...
CFTC’s Division of Swap Dealer and Intermediary Oversight Issues Extension of Time-Limited No-Action Relief for Swap Dealers Doing Business in Europe
The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Swap Dealer and Intermediary Oversight (DSIO) today issued an extension of the time-limited no-action relief provided in CFTC Staff Letter 17-05 from May 8, 2017 until November 7, 2017. The relief extended today states that...
MFSA Warning About MXTrade and TradingBanks
The Malta Financial Services Authority (“MFSA”) has become aware of an entity operating under the name of TradingBanks. TradingBanks is a brand owned and operated by a Malta registered company Grizzly Limited with a registered office at Floor 5, 115A, Msida Valley Road, Birkirkara...
Colt PrizmNet connects three of the top five US brokers
Colt PrizmNet financial extranet now connects three out of the five leading brokers* in US electronic equity trading. Colt is challenging the status quo with Colt PrizmNet, a financial extranet offering deterministic low latencies for delivering data, software, content and financial services worldwide. It...
BigShortBets – Rafal Zaorski goes to war with the funds
The beginning of 2021 was a period when the level of irritation among small speculators reached its zenith. Individual investors finally decided to clench their fists and bang them on the table. This proverbial blow was strong enough to shake the financial markets and...
