The following article was written by Jasper Lawler, Senior Market Analyst at FCA regulated broker LCG. ECB To Hold Steady As Trade Risks Intensify The ECB are not expected to move on rates this month, however traders will be watching closely for any clues on the central bank’s next steps and its views on the increasing…
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Leading FX institutional exchange LMAX Exchange has announced the launch of the LMAX Exchange Everest Rugby Challenge, hosted in partnership with Wooden Spoon, the UK’s leading children’s rugby charity. Taking place in April 2019, this event marks the first-ever attempt to set two Guinness World Records for the highest altitude rugby matches on Mount Everest. The…
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Information giant Thomson Reuters (NYSE:TRI) has announced that it has expanded its legal entity data service to help the financial community comply with the new AnaCredit European lending regulation that takes effect in September. AnaCredit (Analytical Credit Datasets) requires Eurozone-domiciled lending institutions to report up to 98 data attributes about their corporate debtors on a…
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BitMEX, the crypto-coin trading platform, has just announced that it has broken the industry record for bitcoin trading volume, with more than 1 million bitcoin traded on the platform in 24 hours for the period closing July 24, 2018. The 1,041,748 bitcoin traded on BitMEX shattered its previous record of 800,000 bitcoin traded within 24…
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Deutsche Börse AG has published its results for the second quarter of 2018 on Wednesday. The company generated net revenue of €687.0 million, an increase of 10% compared to the previous year (Q2/2017: €623.6 million). Deutsche Börse thus achieved secular net revenue growth of approximately 7 per cent, in line with its projections. In addition,…
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The Eastern Magistrates’ Court has informed the public that it has found Mr Wong Hung not guilty of illegal short selling. The Hong Kong Securities and Futures Commission (SFC) alleged that, on 20 occasions between 6 and 20 January 2012, Wong sold shares of five stocks through his securities account at Hung Sing Securities Limited,…
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Online gaming and financial trading company Playtech PLC (LON:PTEC) has announced that further to its announcement on June 22 relating to the launch of the mandatory takeover offer for the remaining shares of Snaitech S.p.A. not owned by the Group, it is pleased to announce that, as at the end of the acceptance period for the…
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Australian regulator ASIC has just announced that it has obtained final orders in the Supreme Court of Queensland against Daniel Farook Ali, former director of DanFX Trade Pty Ltd (DanFX). ASIC commenced proceedings in 2017 alleging that Mr Ali, through DanFX, operated an unregistered managed investment scheme known as the Daniel Ali Scheme, which raised…
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London based online FX, CFDs and spreadbetting broker CMC Markets Plc (LON:CMCX) has issued its Trading Update for its FY-2019 first quarter (the three month period of April-June 2018, CMC has a March 31 fiscal year end), not giving much in terms of specifics other than to say that Net Operating Income for the first quarter was…
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The U.S. Presidential Elections are in just under 2 years and some candidates are already preparing hard for 2020. One potential U.S. Presidential Candidate has now announced that he is accepting donations in the form of cryptocurrencies for his campaign. Andrew Yang, who will be running in 2020, has used his Twitter account to announce…
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