ATFX Connect Awarded Best B2B Liquidity Provider (Prime of Prime) at FMLS 2024 LeapRate

December 03, 2024 BY Leaprate Staff

ATFX Connect Awarded Best B2B Liquidity Provider (Prime of Prime) at FMLS 2024

Presented at one of the industry’s most highly regarded events, the award underscores ATFX Connect’s unwavering commitment to delivering reliable liquidity, cutting-edge technology, and exceptional client service. Wei Qiang Zhang, Managing Director of ATFX UK and ATFX Connect, proudly accepted the award on behalf of the company during the ceremony in London. This recognition highlights…

December 03, 2024 BY Sam Boughedda

TP ICAP and Amazon Web Services Announce 'Major Strategic Collaboration'

The two companies are set to collaborate to accelerate the development of Fusion, TP ICAP's cloud-based digital platform, designed to optimise transaction lifecycle management. It was revealed that AWS will deploy 45 specialised engineers to collaborate with TP ICAP's technology teams, leveraging data analytics and generative AI to significantly reduce product development timelines. The companies…

December 03, 2024 BY Sam Boughedda

Euronext Unveils Total Return Futures on FTSE MIB Index

The firm revealed in a press release Monday that the move expands its European derivatives offering, building on the success of its TRF on the CAC 40 Index launched in 2018. TRF is designed to replicate the economics of over-the-counter (OTC) total return swaps, offering a more transparent and cost-effective exchange-traded solution. Euronext explained that…

December 03, 2024 BY Sam Boughedda

Investing Platform Public.com Secures $135m in Latest Funding Round

The company revealed the news in a post on social publishing platform Medium. They said the Series D-2 round was led by Accel, a longstanding partner that has led or co-led every Public.com funding round since it launched in 2019. Initially known as a "social stock trading app," Public said it has now evolved into…

December 02, 2024 BY Sam Boughedda

JPMorgan Fined $2.4m By Monetary Authority of Singapore

The regulator said the bank failed to prevent misconduct by its relationship managers (RMs) during 24 over-the-counter (OTC) bond transactions between November 2018 and September 2019. The penalty follows a review of pricing and disclosure practices in Singapore's private banking sector. The misconduct is said to have involved RMs making inaccurate or incomplete disclosures to…

Expected US Rate Cuts Give Copper Price A Boost

December 02, 2024 BY Sam Boughedda

R.J. O'Brien & Associates Canada Fined By ICE Futures For Minor Violations

The penalty was issued under the exchange's Rule 21.02(e), which allows the Chief Regulatory Officer to impose summary fines of no more than $25,000 for minor violations without a formal disciplinary hearing. ICE Futures explained that the violation stemmed from improper cross trading in Canola Futures contracts. Specifically, R.J. O'Brien was found to have violated…

December 02, 2024 BY Sam Boughedda

HKEX: Wilfred Yiu to Retire, Vanessa Lau to Become Sole COO

The company revealed that Wilfred Yiu, HKEX’s Deputy Chief Executive Officer, Co-Chief Operating Officer, and Co-Head of Markets, will retire at the end of December after nearly six years with the organisation. HKEX said Yiu, who will also retire as Chief Executive of The Stock Exchange of Hong Kong Limited and Hong Kong Futures Exchange…

November 29, 2024 BY Sam Boughedda

Italian Regulator CONSOB Blocks 4 Financial Services Sites

The action, aimed at protecting investors from fraudulent activities, is part of CONSOB’s ongoing campaign against abusive financial intermediaries. The regulator often orders the black-out of unauthorised sites The targeted websites are: GOMARKETSLTD.net (including gomarketsltd.net and client.gomarketsltd.net) Fidus Invest (including idus-invest.com, panel.fidus-invest.com, and trade.webtrader-fx.com) First State Investments (Ireland) Limited (including fsinvest.cm, client.fsinvest.cm, and webtrader.fsinvest.cm) Financial…

November 29, 2024 BY Sam Boughedda

RPD Group Advice's Licence Cancelled By ASIC

The cancellation comes after the Australian Financial Complaints Authority (AFCA) issued a determination against RPD Group on 12 July 2024, which the company failed to honour. ASIC explained that on 13 November 2024, the CSLR compensated the affected consumer with $62,421.00 and notified ASIC, prompting the cancellation of RPD Group's licence on 21 November 2024.…

November 29, 2024 BY Sam Boughedda

ActivTrades Secures New Regulatory License in Mauritius

Brokerage ActivTrades said Thursday that it has obtained a new regulatory licence from the Financial Services Commission (FSC) in Mauritius, bolstering its capacity to serve international clients. The latest move is said to align with the firm’s ongoing expansion strategy and further enhance its position in key global markets. The Mauritius licence is the fifth…