SDL and Alibaba Cloud team up to help brands develop across Asia
September 13, 2018 BY Valentina Kirilova

SDL and Alibaba Cloud team up to help brands develop across Asia

SDL (LSE: SDL), a global content management, translation and digital experience firm, has announced a strategic partnership with Alibaba Cloud, the cloud computing arm of Alibaba Group (NYSE:BABA), to launch a co-developed solution designed to help global brands launch and grow their digital business across the China and Asia markets. China, which represents the globe’s…

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fca warning clone firm
September 13, 2018 BY Valentina Kirilova

FCA warns against Bestinvest clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Bestinvest. 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 scam…

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EU launches €400M investment fund to enable AI and Blockchain projects
September 13, 2018 BY Valentina Kirilova

Dukascopy Bank wants to become an artificial intelligence hub

Geneva based Retail FX broker and bank Dukascopy has shared that its ChatBot allows full access to the Bank's services. In this manner the Bank has achieved its first stage of reconstitution around the Dukascopy Connect 911 messenger and is opening up for projects involving artificial intelligence. Dukascopy Bank's ChatBot is an ordinary chat between…

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Tickmill Group trading volumes top $100 billion monthly in 1H-2018
September 13, 2018 BY Valentina Kirilova

Tickmill Group trading volumes top $100 billion monthly in 1H-2018

UK FCA regulated global provider of FX and CFD brokerage services Tickmill continues its strong growth in key performance indicators with robust financial results for the first half of 2018. The Group’s consolidated net profit amounted to $14.97 million whereas the total trading volume came in at $624 billion, almost doubling last year’s first half…

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Pepperstone office
September 13, 2018 BY LeapRate Staff

CHAMP Private Equity exits Retail FX broker Pepperstone investment

Australia based private equity manager CHAMP Private Equity has announced that its CHAMP IV Funds have entered into an agreement to exit its investment in Pepperstone, one of the largest Australia based Retail FX brokerage groups. CHAMP had first invested in Pepperstone in 2016. Going forward the business will be owned by Pepperstone’s founders, and its…

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AMF issues impersonators scam warning
September 13, 2018 BY Valentina Kirilova

Maxence Delorme joins the AMF as Director of the DICS

The Autorité des Marchés Financiers (AMF) has informed the public that it has added Maxence Delorme to the Enforcement Assistance Department (DICS). Maxence Delorme joined the AMF on 3 September 2018 as Director of the DICS and advisor to Marie-Hélène Tric, Chairman of the Enforcement Committee, having been Deputy Public Prosecutor and Head of the…

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ASIC office
September 13, 2018 BY Valentina Kirilova

AAT upholds ASIC banning of former Westpac adviser

The Administrative Appeals Tribunal (AAT) has informed the public that it has upheld the decision of ASIC to ban former Perth financial adviser Mr Jason Sean Atkins from providing financial services for three years. Mr Atkins provided advice to clients to establish a self-managed superannuation fund (SMSF) and use limited recourse borrowing arrangements to fund…

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fca warning
September 13, 2018 BY Valentina Kirilova

FCA warns against Cap Governance LLP firm

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 Cap Governance LLP. Cap Governance LLP is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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luxembourg axxion
September 13, 2018 BY LeapRate Staff

Exclusive: Luxembourg private label fund manager Axxion takes 5% position in Plus500

LeapRate Exclusive... LeapRate has learned via regulatory filings that Luxembourg based private label fund manager Axxion S.A. has built up a 5% ownership position in FCA regulated Retail CFD broker Plus500 Ltd (LON:PLUS). The stake, totaling 5,808,270 Plus500 shares, are worth about £82.3 million (USD $107 million) and represent 5.1% of Plus500's outstanding shares. The move…

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