The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Moneyfall. 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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Geneva based Retail FX broker and bank Dukascopy has just announced that from now on, clients of Dukascopy have the opportunity to make money by offering FX and CFD liquidity together with 25 banks providing liquidity to Dukascopy clients. Statistically, in the long term, these banks providing liquidity will earn half of the market spread.…
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As per 30 March 2019, the United Kingdom intends to leave the European Union. In a worst-case scenario, no transition period will be agreed upon and the United Kingdom will consequently need to be considered as a third country as from 30 March 2019. Based on the current state of negotiations, entities need to consider…
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GECKO Governance, which recently launched its new ICO compliance solution, GECKO Crypto1, has announced a strategic partnership with TrustedIn Trading, a custom-built social media platform for the blockchain and cryptocurrency industry. The partnership will see TrustedIn Trading using GECKO Crypto1 to manage ICO projects on the platform, in turn offering GECKO Crypto1 users and investors…
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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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