May 23, 2018 BY Valentina Kirilova

MarketFactory releases Reflector FX pre-trade limit monitor

MarketFactory, the foreign exchange technology platform, has just announced the broad release of their new software product Reflector, a pre-trade risk management solution used by banks, prime brokers and funds to ensure trading limits are never broken. Reflector addresses the need for risk management software that eliminates installation for the client, works with any FIX…

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May 23, 2018 BY Valentina Kirilova

Cryptocurrency prices are driven purely by mood of investors

New research has found cryptocurrency prices are not influenced by any economic factors and instead are driven purely by the mood swing of investors. The stunning rise in the price of Bitcoin, hitting $17,500 last December as it increased by more than 500% in 2017, has seen investors flood to cryptocurrencies with futures markets even…

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May 23, 2018 BY Valentina Kirilova

OSC raises awareness about fraudulent cryptocurrency-related investment schemes

The Ontario Securities Commission (OSC), in conjunction with securities regulators from the North American Securities Administrators Association (NASAA), has announced that it has recently participated in an initiative to raise awareness about fraudulent and unregistered cryptocurrency-related investment schemes. As part of “Operation Cryptosweep,” the OSC joined forces with more than 40 provincial and state regulators…

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May 23, 2018 BY Valentina Kirilova

SET listed firms release 6% sales growth in 1Q 2018

Companies listed on The Stock Exchange of Thailand (SET) reported a net profit at THB 286 billion (approx. USD 8.94 billion) for the first quarter of 2018, a 0.3% rise from the same period last year (Q1/2017 was recorded best-performing quarter in the past year for Thai listed firms, with earnings accounting for 29% from…

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May 23, 2018 BY Valentina Kirilova

FCA warns against Moneyworld clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Moneyworld. 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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May 23, 2018 BY Valentina Kirilova

EML Payments joins Saxo Payments Banking Circle

EML Payments, provider of innovative payment card technology solutions, has just announced that it has joined Saxo Payments Banking Circle. Operating in sixteen countries across Europe as well as in Australia, USA and Canada, EML Payments’ platform issues and processes Scheme products on behalf of global corporates. Using Banking Circle Virtual IBAN, EML will be…

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May 23, 2018 BY Valentina Kirilova

FCA warns against LTX Markets

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 LTX Markets. LTX Markets 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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May 23, 2018 BY Valentina Kirilova

Intercontinental Exchange names Stacey Cunningham as new President of NYSE Group

Intercontinental Exchange, Inc. (NYSE:ICE), the operator of global exchanges and clearing houses and provider of data and listings services, has announced today that Stacey Cunningham will become President of NYSE Group, succeeding Thomas Farley, who has served in that role since 2014. Cunningham, currently the Chief Operating Officer of NYSE Group, began her career as…

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May 23, 2018 BY LeapRate Staff

Exclusive: FIXI plc raises £2.2M from shareholders, hires executives ahead of Retail FX expansion

LeapRate Exclusive... LeapRate has learned that FCA regulated, London based institutional FX broker FIXI plc has raised an additional £2.2 million (USD $3.0 million) in capital from its shareholders, and hired a number of senior executives, ahead of a planned expansion into Retail FX. First, regarding the fundraising.... FIXI shareholders led by Goran Drapac -…

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