According to Huiyou’s description, he was lured into a counterfeit Skilling platform by a netizen, and the profit from the transaction was quite considerable. However,…
Saudi Arabia CMA Greenlights Regulations for Market Making
On Monday, the Saudi Arabia Capital Market Authority (CMA) announced it approved new regulations and procedures regarding market making, proposed by the local Saudi Stock Exchange
News: 22 companies warned by FCA
The UK Financial Conduct Authority (hereinafter referred to as “FCA”) recently issued a number of warning statements, a total of 22 financial service companies that…
The transaction data of the 6 major exchanges in October 2022 is released
The trading volumes of leading institutional FX and ECN platforms in October 2022 have been revealed, generally showing an overall drop across major markets. So,…
CySEC updates brokers on requirements for providing investment services in third countries
The Cyprus Securities and Exchange Commission (CySEC) today issued a circular to Cyprus investment firms (CIFs) regarding regarding the provision of investment and ancillary services…
2022 October FCA Forex Brokers Warning List
Financial authorities, such as the FCA, keep their blacklists updated to reveal fraudsters’ falsehoods in order to safeguard investors’ assets.1
StoneX registers 46% Y/Y increase in FX/CFD revenues in Q4 FY22
StoneX Group Inc. (NASDAQ:SNEX), the owner of Forex brands such as FOREX.com and City Index, has announced its financial results for the fiscal year 2022…
New Zealand FMA warns offshore CFD broker TradeCenter
New Zealand’s Financial Markets Authority (FMA) has issued a warning to offshore CFD trading service provider TradeCenter for operating without authorization in the country. The…
History of the Ponzi Scheme
The scheme got its name from one Charles Ponzi, a fraudster who duped thousands of investors in 1919. Ponzi promised a 50% return within three…
Singapore projects GDP growth to ease in 2023
Singapore on Wednesday forecast its economic growth would slow in 2023 amid persistent inflation and global pressures that would hit demand for the city-state’s outward-oriented…