Russian Forex self-regulatory body reschedules inspections of FINAM Forex and VTB Forex

The Association of Forex Dealers postpones scheduled FINAM Forex and VTB Forex inspections by several months. The Association of Forex Dealers (AFD), the Russian industry regulator OTC FX, has changed the schedule for FINAM Forex and VTB Forex inspections. The…

Cypriot Investors Compensation Fund to invite AFX Capital’s victims to submit claims

The compensation process for AFX Capital Markets clients has finally changed. The board of directors of the Cyprus Securities and Exchange Commission (CySEC) today issued a notice regarding the compensation process for AFX Capital Markets Ltd. clients. The Cypriot investment…

Italy’s Consob orders blocking of six unauthorized investment websites

Thus, the number of websites blocked by the regulator since July 2019 has reached 180. The Italian Companies and Stock Exchange Commission (CONSOB) announces today that it has ordered the blocking of access to six other unauthorized investment websites. Of…

CFTC obtains entry of default against uncontactable binary options fraudster

The CFTC’s motion was granted by the court due to the lack of response from Peter Szatmari, a binary options distributor accused of defrauding $ 3.8 million victims. The U.S. Commodity Futures Trading Commission (CFTC) has managed to mark progress…

OANDA Japan to raise margin requirements for certain FX pairs

The changes, which came into effect on March 30, 2020, will affect nine currency pairs. Online trading service provider OANDA Japan informed its customers today of upcoming changes to margin requirements. As of March 30, 2020, the margin rates of…

NFA raises required minimum security deposits for certain FX transactions

The Association has decided to increase the minimum security deposits to be collected and kept by the FDM for the Norwegian krone and the Mexican peso. The National Futures Association (NFA) in the United States amends the requirements for security…

Clients of AFX Markets must file their claims not later than June 1, 2020

There is currently a global freeze order against the assets of AFX and attempts are underway to have this decision lifted. The Joint Special Administrators (JSA) of AFX Markets Ltd published today their progress report for the period from August…

HK broker Guotai Junan registers 12% rise in profit in 2019

In 2019, total profit attributable to shareholders of Guotai Junan amounted to approximately HK $ 895 million, up 12.4% compared to last year. Guotai Junan International Hold, an online trading company based in Hong Kong. Limited (HKG: 1788) released its…