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 Cooper Consultancy Ltd. Cooper Consultancy Ltd is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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Binary options platform and broker turned Blockchain company TechFinancials Inc (LON:TECH) has announced its financial results for the first half of 2018, indicating (not too surprisingly) that Revenues were down by 46% from 1H-2017, to $3.78 million. TechFinancials earlier this year shut down its OptionFair binary options brokerage brand, gave up its CySEC license, and shuttered…
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Global Forex brokerage group ATFX has announced that it has released up to 10 new exotic pairs that will offer traders and investors more choice with respect to their trading options. More details on the pairs are available on ATFX’s official website, which in turn is offered in 13 languages. Exotics are a currency pair…
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Australian regulator ASIC has banned Mark Alexander Landau of Balmain, New South Wales (formerly of Toorak Gardens, South Australia) and Marcus Roderick Campbell of South Brighton, South Australia from providing financial services for 10 years. The decisions were made by ASIC’s new Financial Services and Credit Panel, which found that Mr Landau and Mr Campbell…
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The price of Bitcoin is everything but stable these days. And while there are many analyses and news as to why the "people's currency" is jumping up and down with huge price swings, there may be a simpler economic explanation. According to some press, the reason why the price has been recently moving are the…
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The London-based ONEm Communications has launched the so called mCoin, a "pseudo-mining" program on the oldest continent. The mCoin is distributed to people through the method of "pseudo-mining", meaning that users can receive the coin if they do something good for the society. For now, the company gives people the coin by making them text…
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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 Easy Cheap Loans. Easy Cheap Loans is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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UK financial regulator the FCA has announced that Michael Nascimento was today sentenced to 11 years’ imprisonment for his role in a share fraud carried out through a series of boiler room companies which led to the loss of more than £2.8 million of investors’ money. He was the controlling mind, instigator and the main…
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Itiviti, the global provider of multi-asset trading technology and financial infrastructure, has announced that independent equities broker Redburn has successfully implemented UL Bridge, Itiviti’s modular and scalable connectivity and order routing platform, together with UL Iris, a comprehensive pre-trade risk management solution. Redburn now has a connectivity solution that augments its Order Management System (OMS) and…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Apollo Management. 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 of their tactics to…
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