STOXX Ltd., the operator of Deutsche Boerse Group’s index business and a global provider of innovative and tradable index concepts, has licensed the STOXX® AI Global Artificial Intelligence ADTV5 Index to Amundi as an underlying for an ETF. The index, launched early in 2018, is one of the world’s first indices that uses AI-related algorithms…
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The Securities and Exchange Commission (SEC) has announced it has obtained a court order halting an ongoing Ponzi-like scheme that raised more than $345 million from over 230 investors across the U.S. The SEC also obtained an emergency asset freeze and the appointment of a receiver. A SEC complaint unsealed yesterday alleges that Kevin B.…
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After recently setting foot in the US trading market after acquiring VantagePointTrading.com, fast-growing FX and cryptocurrency affiliate company Investoo Group has continued its acquisition spree across the ocean from its European home base by buying EFXTO.com. EFXTO.com is the first Spanish-speaking forex product for the company. The company said that the acquisition will grow its already extensive…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Zandex Investment Capital and Finance Ltd. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part…
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Australian regulator ASIC has announced that it has taken action to stop several proposed initial coin offerings or token-generation events (together, ICOs), targeting retail investors. ASIC has recently stopped the issue of a Product Disclosure Statement for a crypto-asset managed investment scheme. Consistent problems identified by ASIC are: the use of misleading or deceptive statements…
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UK online trading leader IG Group Holdings plc (LON:IGG) has released its first quarter 2019 revenue update - IG Group has a May 31 fiscal year end, so the period covered in Q1-2019 is June through August 2018. Importantly, that includes two months of a ban on binary options (which kicked in at the beginning…
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Dubai is one of the most advanced countries in the world. The cryptocurrency sector is no exception. Dubai is one the countries that is cryptocurrency "friendly" and is embracing the technology of blockchain. However, the risks associated with altcoins are rising. The police in Dubai warned the community that users and investors can expect fraud,…
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Bitcoin “whales” are not a joke, as it seems. The price of Bitcoin is fluctuating constantly with huge ups and downs along the way. Just like year, in December 2017, Bitcoin was trading for anywhere from $13,000 to almost $20,000 per coin. Analysts and reports show that there are solid reasons behind the rise and…
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Geneva based Retail FX broker and bank Dukascopy has shared that it starts to offer LIVE trading on MetaTrader 4 with direct access to the SWFX Swiss Marketplace. Clients of the Bank can now trade in mobile and desktop versions of MetaTrader 4 with 41 FX most popular instruments, including Gold. Dukascopy will be gradually…
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Divisa UK Limited, part of the Equiti Group – a provider of multi-asset financial products operating regulated financial trading brands across the globe – has announced the appointment of Mr Gurpreet Dehal as non-executive director. He will assume this role pending approval from the Financial Conduct Authority (FCA). Mr Dehal has over 25 years’ leadership,…
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