Deloitte issues FX traders and IBs with survey on ASIC proposals

A commercial client has asked Deloitte, the professional services and management consulting giant, to send a survey to CFD and FX traders about ASIC's proposals for reforming how CFD products are sold in Australia by Brokerages Deloitte, one of the…

“Emphasis on strategy is so misplaced” says professional trader

Is the strategy important? Some professional traders have valid opinions. This is clearly the case, but the Algiers are at the center of the debate, so why is the foreign exchange sector opting for the autonomous way? Individual traders using…

The Australian leverage zeitgeist – Guest Editorial

The Australian risk management consultant and founder of ManagedLeverage, a professional trading software company, Richard Goers, gives a detailed overview of his vision of the draconian ASIC proposals and the polarized reaction of the brokerage firms. By Richard Goers, Founder…

It’s not just about profit! FinanceFeeds to meet Lord Mayor of London on City Giving Day

City Giving Day will take place tomorrow in Canary Wharf. The Mayor of the Republic, Peter Estlin, wants to "give a little spice to the daily life of financial professionals in the city and collect substantial sums for important charities.…

Peter Hargreaves stands tall, publicly attacks Woodford for withdrawal chaos

Refreshing and frank explosion of the founder of Woodford, pillars of Hargreaves Lansdown. Imagine if a retail broker did what Woodford did, even to the tenth of the bill. There would be indignation. Here is a complete detailed analysis. Hargreaves…

“Mind The Gap!” – The life and times of a man on the move Episode 64

I'm addressing James Tolve, a long-time FlexTrade executive, who is reflecting on his 13 years of experience within the company and suggests some thought-provoking new classes of assets for them. Young and educated retail traders in the Welsh valleys. In…

CFTC action against alleged FX fraudster Brett Hartshorn set for extended stay

The parties to the complaint filed by the CFTC request the suspension of the suspension until December 20, 2019. A civil lawsuit filed by the United States Commodity Futures Commission (CFTC) against Brett G. Hartshorn, charged with fraudulently soliciting at…

NFA bars Fortress Capital from membership for five years

The Company has repeatedly submitted inaccurate financial statements and net capital calculations to NFA. The National Futures Association (NFA) of the United States announced today that it banned former dealers, commodities trading advisers and Fortress Capital foreign exchange company, as…

UK regulator confirms administrators appointed at Glint Pay Services

Unfortunately, Glint protected funds are not protected by the UK Financial Services Clearing Program. The UK Financial Conduct Authority (FCA) today provided information to Glint Pay Services Ltd.'s customers. Glint Pay Services Ltd (FRN 900657) is authorized and supervised by…