Latest News
Lack of Regulatory Feedback Puts Brokers in Precarious Position with MiFiDII
A recent article in Trade News has brought up some important points regarding the best execution reporting brokers and financial institutions have had to submit to regulators in Europe as part of the MiFiDII directive. While some large banks have [...]
Traders To Analyze Stock Indices for Best Execution Using Tradefora
As reported by numerous sources, including Leaprate, our approved partner, Tradefora have added stock indices pricing to their benchmark reference price index, called Tradefora Composite Index (TCI). This lets traders and the general public now study and analyze past prices [...]
Interactive Brokers Liquidation Case Drags On
A legal case in the United States concerning the liquidation of trades on an Interactive Brokers account is now dragging on with the plaintiff making additional claims against the defendants with respect to evidence and discovery. As reported by Finance [...]
Commission News
Financial Commission Successfully Participated in Finance Magnates London Summit
November 20th, 2019, The Financial Commission today announces its successful participation in the 2019 Finance Magnates London Summit, which took place November 12-13th at Old Billingsgate in London, United Kingdom. We would like to thank all our trusted members, partners, [...]
Financial Commission Announces Samtrade FX as Latest Approved Member
November 20, 2019, The Financial Commission, today announces Samtrade FX Ltd. as its newest approved Member. The company becomes the 43d broker to join the ranks of the self-regulatory organization, highlighting the increased interest and demand for independent external dispute [...]
Financial Commission Announces FXB Trading Membership Ceased
November 19, 2019, Financial Commission, a leading external dispute resolution (EDR) organization catering to the financial services industry today announces that the membership status of FXB Trading (Fazco Capital Ltd.) has ceased following a breach of contractual obligations. In order [...]
Regulatory Actions
Italian Regulator Continues Blocking Unauthorized Investment Entities
The italian regulator, Consob has been very active in protecting Italian residents from financial fraud and scams by blocking access to websites of companies who are not authorized to provide services in the country. Following the blocking of a set [...]
Australian Regulator Identifies New Companies on Warning List
The Australian Securities and Investments Commission (ASIC) has updated its warning list of unregistered firms providing services to residents. The companies in question are GG Capital Group Limited (trading as BlueLexus), UCI-Limited and Fibonetix. The regulator also identified Hertford Group [...]
Financial Conduct Authority Warns of Unauthorized Broker OMC Markets
The prevalence of scams continues to be a problem for the European Forex market with the Financial Conduct Authority (FCA) announcing that is has added yet another broker to its Warning List. This time, the broker in question is OMC [...]