The Financial Markets Authority (FMA) has just issued a warning to a suspected scam company called En Zheng Gold New Zealand. En Zheng Gold New Zealand Website: www.597hr.com This entity is not registered on the Financial Service Providers Register to provide financial services in New Zealand. Its customers will not have access to a Dispute…
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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 FXG Trade. FXG Trade is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
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Copenhagen based Retail FX brokerage group Saxo Bank is continuing a radical makeover of the company and jettisoning of non-core assets, agreeing to sell its Banking Circle payments unit to Swedish private equity firm EQT partners. The parties did not disclose a price for the transaction. Prending regulatory approval, the sale is expected to close…
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Japan Exchange Group, Inc (JPX) and London Stock Exchange Group plc (LSEG) have announced that they have agreed to identify and collaborate on financial market infrastructure initiatives designed to promote global sustainable investment and on product marketing initiatives. JPX and LSEG have begun identifying areas for mutual collaboration and innovation across the full spectrum of…
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Forex Industry News this past week at LeapRate centered on a number of senior executive moves involving some of the sector's leading brokers. Which FCA regulated broker did former GKFX CEO Brian Myers join? Where did former FOREX.com SVP Strategy Alexis Webster land? What is former ADSS UK executive Jamieson Blake's new job? Answers to these…
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Bullish on their customers' success, Modulus is one of the US companies that develop superb trading technologies for exchanges. Modulus creates the latest high-tech solutions for trading platforms of all sort, while providing the full "package" of services like financial programming, risk management etc. The company has just announced that it is launching the world's…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Easy Daily Loans. 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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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 Xtraderfx. Xtraderfx is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which require authorisation:…
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Continuing something of a slump for the Copenhagen based Retail FX broker, Saxo Bank has released data indicating that client FX and multi asset trading volumes in its system decreased by 6% during June, totaling $380 billion versus $405 billion in May. By contrast, Saxo Bank averaged volumes of $527 billion monthly in the first…
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Neo & Partners Global, Asia’s and Singapore’s Entrepreneurial TRADING-ATRIUM (Hub) for Fund Management Companies, Proprietary Trading Firms, Family Offices, Commodity Trading Advisors and FinTech Firms; Big Data and Blockchain, announced today that it has successfully commissioned Noble Vici into its TRADING-ATRIUM. Supporting Noble Vici’s requirements for an initial six fully equipped UPS powered sophisticated work…
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