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Category Archives: Finance Magnates

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FCA Warns Against ECN Markets and CMS Trader

Photo: Finance Magnates The United Kingdom’s markets watchdog, the Financial Conduct Authority (FCA), today issued warnings to the public against two forex brands illegally providing financial services or products without a regulatory permission. The first unauthorised provider operates under the name ECN Markets while its

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DFM Approves New Company to Provide Direct Market Access

Photo: Bloomberg Dubai Financial Market (DFM), the Arab Gulf’s only listed stock exchange, reported that it has accredited a new company to provide Direct Market Access (DMA) for global brokers. Accordingly, the number of DMA service providers will increase to 13 brokerage firms, said a

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FCA Warns on Clone Firm Pretending to be Interactive Brokers

Photo: Finance Magnates The UK’s Financial Conduct Authority (FCA) has issued a statement today revealing the latest scam facing investors. Its latest warning concerns IBL Markets, a clone of an established FCA-registered entity. Join the industry leaders at the Finance Magnates London Summit, 14-15 November,

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Taking a Little Trip and Trading’s Resemblence to Poker

Photo: Finance Magnates As we conclude another week at the Finance Magnates newsdesk, our editors take a brief detour to enlighten us with a selection of their favourite stories and reading recommendations. Victor Golovtchenko commences by taking us on “a little trip”… Taking a Little

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Taiwan’s CTBC Financial Deal with China CITIC Bank Collapses

Photo: Bloomberg CTBC Financial Holdings, the parent company of Taiwan’s leading credit card issuer, and Chinese state-backed lender, China CITIC Bank Corp, have reportedly cancelled investments in each other amid renewed political tensions, Finance Magnates has learned today. Join the industry leaders at the Finance