In the latest of a series of senior management moves made after China's Geely Group moved to take control of the company late last year, Copenhagen based Retail FX brokerage group Saxo Bank has announced the appointment of Lars Kufall Beck as Global Chief Financial Officer (CFO), effective no later than May 1, 2019. Lars…
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Thai energy company PTT Exploration and Production Public Company Limited (PTTEP) has just informed that it has implemented Refinitiv’s FXall trading platform and “Settlement Center” post-trade solution for managing their FX transactions. Together with Eikon, Refinitiv’s flagship data terminal, PTTEP is the first Thai corporate to adopt the end-to-end suite of services covering pre-trade, trade…
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Argentex LLP, the FCA regulated provider of foreign exchange services to corporate and private clients across EMEA, has just announced Oliver Hemsley as a new investor in the Company. Oliver Hemsley has had a highly successful career as the founder and CEO of Numis Securities, which he grew to circa 200 employees and a market…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that FCA regulated retail FX and CFDs broker Fortrade Limited had a fairly flat year in 2017, after tripling its revenue and activity base in 2016. Fortrade popped up on the UK CFD scene in 2016, as noted nearly tripling its revenue that year to £15.9 million,…
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The Financial Markets Authority (FMA) has just issued a warning against a scam company called Oaza Nagashima Zaisanku. Oaza Nagashima Zaisanku Address: 3-1-1 Nakasakurazuka, Tyonaka Shi, Osaka, Japan Website: www.seclegalprofessionals.com Phone: 001 1 (248) 621-2204 Email: [email protected], [email protected], [email protected] Reason for warning: The FMA recommends exercising caution before dealing with Oaza Nagashima Zaisanku as: It…
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Hong Kong Exchanges and Clearing Limited (HKEX) has just announced that it has unveiled a new look for its HKEXnews website to provide a better user experience, as well as to align it more closely with HKEX’s corporate and market websites. The HKEXnews website provides access to regulatory filings and disclosures of Hong Kong-listed companies.…
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How much did ESMA's new leverage cap affect the Q3 results of leading UK CFD broker Plus500? Who is behind the launch of Fondex, a new CySEC-licensed Retail FX brand? What is Finotec's (latest) new strategy, following a net loss in 2017? How will Swissquote be enabling its clients to participate in ICOs? Which major…
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The Alibaba Cloud has just taken its blockchain-as-a-service platform to the US, Europe and Asia, making the BAAS global. Blockchain-as-a-service, which is built on Alibaba's Ant Blockchain system, was launched for the Chinese market in the autumn of 2017. But this week, Alibaba announced that it is taking its BAAS globally. Alibaba says that their…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company Financial Insolvency Group. Financial Insolvency Group is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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Swiss interdealer broker Compagnie Financière Tradition (SWX:CFT) has announced its volumes for the first nine months of the year and its activity grew with reported consolidated revenue of CHF 664.0m compared with CHF 600.8m in same period in 2017, up 9.0% in constant currencies. At current exchange rates, consolidated revenue presented an increase of 10.5%. For the same…
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