Hong Kong’s Securities and Futures Commission (SFC) has added HCF Financial Service Limited to its warning list of unregulated entities, according to a SFC statement.…
Posts published in July 2016
FairFX, a UK-based, multi-currency payments service, has inked a two-year agreement with Leicester City Football Club (LCFC) to be their exclusive foreign exchange (FX) provider…
Japanese brokerage house Monex Group has reduced the headcount of its U.S. centered TradeStation unit. Responding to declining trading volumes in the U.S. market, Monex…
After being awarded ‘Best Product for Traders’ at the 2015 Finance Magnates London Summit, DirectFX Trading and DriveWealth have officially launched exchange-listed US equities and…
Canadian Regulator OSC Warns Against MaxOptions
Ontario Securities Commission (OSC), one of the thirteen provincial financial regulators in Canada, has added the binary options broker Tech Plex Ltd., operating as MaxOptions,…
Fintech Firm Kantox Processes $100 Million in Six Months
Kantox, a fintech company offering FX management solutions, has announced that it has processed $100 million worth of transactions in just six months through the…
Standard Chartered Secures IMF’s Vinals as New Chairman
UK-based bank Standard Chartered (LON:STAN) has appointed former deputy governor of the Bank of Spain Jose Vinals as its new Chairman, and Naguib Kheraj as…
FCA Warns Public that Bit Management is not Authorised
The United Kingdom financial markets watchdog, the Financial Conduct Authority (FCA), today warned that it believes a UK-based company under the name Bit Management Ltd…
JPMorgan Chase’s loss is LionTree’s gain, as one of the lender’s foremost dealmakers, Jake Donavan, is pegged to leave the group to join LionTree, a…
Another set of victims of a fraudulent Ponzi scheme-like forex investment management fund have taken action to look for their funds after filing a police…