The Australian Securities and Investments Commission (ASIC) has just announced that it has cancelled the Australian financial services (AFS) license of WA-based Octani Capital Pty Limited (Octani Capital). Octani Capital was deregistered on 2 March 2018 for non-payment of fees. Accordingly, its AFS license has been cancelled under s915B(3) of the Corporations Act 2001, from…
Read moreOyster Protocol, a website monetization and distributed storage solution built on the IOTA and Ethereum blockchains, has announced an Airdrop for its Oyster Shell token (Ticker: SHL) on April 13, 2018. Shell tokens are used to pay for connectivity and Dapp operation across the Oyster meshnet, and will eventually be used to access the decentralized…
Read moreDTCC-Euroclear Global Collateral Ltd (GlobalCollateral), a joint venture of Euroclear and The Depository Trust & Clearing Corporation (DTCC), and NEX (LON:NXG) a financial technology company at the centre of the global markets, have announced a new partnership to streamline and improve OTC derivatives margin call processes. As a new member of the GlobalCollateral Partner Program,…
Read moreSaxo Bank has announced that the Denmark financial regulator FSA has approved the transaction which will see China's Geely Group take control of the Copenhagen based online trading services provider. The transaction, first announced in October 2017, saw China’s Geely and Finland’s Sampo take control of Saxo Bank, buying out TPG Capital and SinarMas in…
Read moreOnline gaming and financial trading company Playtech PLC (LON:PTEC) is clearly pursuing a strategy of B2B-and-B2C vertical integration not just in its financial businesses, but also its core gaming division. On the financial side of its business, Playtech operates both as a technology and services provider to online brokers via its TradeTech division (formed by the…
Read moreAs the heat from the cryptocurrency market is sweeping across industries, sectors and countries, it is not really surprising that there are a lot of coin that do not manage to "fulfil" their roles for several reasons. Among the many thriving ICOs and coin-related offerings, there are quite a few that are now called "dead…
Read moreUK 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 Baltic Concert LLP. Baltic Concert LLP is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
Read moreFCA regulated Retail FX and CFDs broker Admiral Markets has just announced that all positions on cryptocurrency CFDs are now open-ended and will no longer expire at 11.00 pm on Friday evening. In addition to this improvement, Admiral Markets reminded that they've recently removed the commission for cryptocurrency CFDs and reduced the financing costs for…
Read moreRosenthal Collins Group LLC (RCG), an independent futures brokerage and clearing firm, has announced the appointment of Steve Ivey as Executive Vice President & Chief Risk Officer. Ivey brings more than two decades of risk management experience in trading, liquidity, credit, operational and market risk. Starting his role at RCG this week, Ivey joined the…
Read moreSpain’s global services and infrastructure provider, Ferrovial, has announced that it lists additional notes on the Main Securities Market (MSM) of Euronext Dublin with issuance of €100m notes from its €1bn Euro Commercial Paper (ECP) programme. A subsidiary of Ferrovial, Ferrovial Netherlands B.V, listed €500m notes on the MSM in 2017. Ferrovial is an infrastructure…
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