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Arnab Shome

Hong Kong Charges 13 in a Pump-and-Dump Scheme Crack Down

Hong Kong police and Securities and Futures Commission (SFC) have charged 13 suspects, a syndicate, of a sophisticated 'ramp-and-dump' scheme, otherwise known as pump-and-dump scheme ...

OvalX (Previously ETX Capital) Turns Loss in 2021, Client Count Jumps

Moncor (London) Limited, which is operating as OvalX (previously ETX Capital), ended the financial year 2021, ending on December 31, with a pre-tax loss of £9.2 million due to staggering investments and macroeconomic...

ASIC Approves 578 New Licenses in Fiscal 2022

The Australian Securities & Investments Commission (ASIC) released its annual licensing report on Friday, revealing that it has approved 578 new licenses between July 2021 and June 2022, which is an increase of...

Luca Merolla Replaces Philip Adler as Oval Money CEO

Oval Money has appointed Luca Merolla as the new Chief Executive Officer. He has been a part of the company since October 2020 as a Non-Executive Director. Take Advantage of...

FCA to Permanently Cease Synthetic Sterling LIBOR on March 2023

The Financial Conduct Authority (FCA) announced its decision on Thursday to permanently cease the publication of 1 and 6-month synthetic sterling LIBOR settings on 31 March 2023. Take Advantage of...

Horizon Software Bolsters APAC Presence with New Singapore Office

On Thursday, Horizon Software, which provides technology in the financial services industry, announced the opening of a new office in Singapore. Additionally, the company has a presence in France, Canada, Hong Kong, China...

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