The Securities and Exchange Commission (SEC) has informed that it has charged a stock promoter and four others involved in an alleged series of microcap fraud schemes that were foiled by FBI undercover work and an SEC trading suspension. According to the SEC’s complaint filed in federal court in southern California on July 6, stock…
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Derivatives marketplace CME Group has announced that it achieved quarterly international (defined as outside of the US) average daily volume (ADV) of 4.2 million contracts during the second quarter of 2018, up 13 percent over the same period last year. Europe, Middle East and Africa quarterly ADV hit close to 3.3 million contracts in the…
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Business and financial news network CNBC has today announced the expansion of its Middle East operations with a new studio set to open in October at Nasdaq Dubai. The network will use the new base at MarketSite, part of Nasdaq Dubai’s new offices in the Dubai International Financial Centre (DIFC), to further enhance its editorial…
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The following article was written by FXTM staff writer Natasha Keary. On a breezy morning in Sennen Cove, Cornwall, FXTM Brand Ambassador and UN Patron of the Oceans, Lewis Pugh prepares for the toughest swim of his life. The challenge ahead of him is a world-first – a cold, 560 kilometre swim of the entire…
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Retail Forex broker Alpari has just announced that it has added a new way of making deposits to your Alpari account - via cryptocurrencies. Alpari will not be charging a commission fee for deposits made in bitcoin. How does it work: To make a payment, you need to complete the form in myAlpari, log in,…
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The Ontario Securities Commission (OSC) has just warned investors that HQBroker is not registered to sell securities in Ontario. HQBroker manages the website hqbroker.com, where it claims to offer a variety of trading solutions to retail and institutional investors through contracts for difference, derivatives and forex currency pairs. The Securities and Futures Commission of Hong…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Equiniti Financial Services. 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…
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Coinsource, the Bitcoin ATM network, has just announced an increase to their daily withdrawal limit. The company will now allow users to withdraw up to $5,000 USD. The news comes in response to the growing demands for more ATMs and the company's expansion earlier this year to Mid-Atlantic states, including Delaware, Pennsylvania, and New Jersey.…
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DECENT, developer of an open source blockchain ecosystem, has announced a partnership with decentralized social platform the TTC Foundation, which will see the company seek new opportunities in Asia. The expansion will see DECENT set up an office in Seoul and further work to promote its brand, services and technologies. The blockchain company chose Korea…
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Competition is working well for most consumers using investment platforms, according to interim findings of the Financial Conduct Authority (FCA)'s market study into investment platforms, published today. However, the FCA's interim findings reveal concerns about how platforms compete for particular groups of consumers. Given the rapid growth in this market, the FCA has proposed measures…
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