ASIC has announced today that Stefan Mark Boitcheff of South Australia, has been convicted and sentenced after pleading guilty to two market manipulation-related charges in the District Court of South Australia. Mr Boitcheff was last week sentenced to one year and nine months imprisonment, with an order that he be released immediately upon entering into…
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 NovaTrades. NovaTrades is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which require authorisation:…
Read moreB2Broker, an aggregator and provider of turnkey, cloud and liquidity solutions for the foreign exchange (FX) and crypto industry, has just announced that it has partnered with B2BTC, a newly-established cryptocurrency broker, to provide a turnkey cryptocurrency brokerage solution using B2Broker’s technologies and liquidity. The result of the cooperation is the creation of a new…
Read moreAccessFintech, the financial technology firm led by industry entrepreneurs Roy Saadon and Steve Fazio, has just announced that JPMorgan Chase & Co. (J.P. Morgan) has become an investor in its series A round, leading the way for participation by additional market participants. The investment, financial terms of which were not disclosed, was made following an…
Read moreQuantitative Brokers (QB), an independent, global financial technology company providing advanced algorithms and data-driven analytics to clients in the Futures and US Cash Treasury markets, announced that it has partnered with CQG, a global provider of high-performance trading, market data, and advanced technical analysis tools. This partnership has been made to offer QB’s suite of…
Read moreRetail and Institutional FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) has announced the recent launch of Ethereum, Litecoin, Ripple and Bitcoin Cash in the U.K., Europe, Australia and Singapore on the Company’s FOREX.com and City Index services. GAIN has also expanded its Bitcoin offering, allowing customers to trade Bitcoin directly against the Euro (BTC/EUR), British…
Read moreThe following article was written by Natallia Hunik, Global Head of Sales at Advanced Markets and Fortex, Inc. The global push for greater transparency in financial markets continues to gain traction with top tier regulators now requiring that all entities, engaged in trading financial markets, report their LEI (Legal Entity Identifier) number to regulatory repositories.…
Read moreSelf-sovereign identity application Blockpass and universal cryptocurrency wallet Infinito Wallet announced today their strategic partnership. The two companies' mutual agreement includes plans to release Blockpass' PASS token via the Infinito Wallet platform and defines a shared vision of a decentralized regtech ecosystem. PASS, which is to be distributed through token sale channel partners starting at…
Read moreInstitutional FX trading solutions provider Fortex Technologies Inc has announced that Victor Hendrix has joined the company to create and lead its newest division XCLOUD. A global cloud server grid, XCLOUD offers liquidity-agnostic and broker-neutral trading Infrastructure as a Service (IaaS) to support all trading platforms and all bridge middleware. XCLOUD offers premium hosting and…
Read moretZERO, the blockchain-meets-Wall-Street subsidiary of Overstock.com, Inc. (NASDAQ:OSTK), has just announced the release of the prototype of its planned security token trading software. Overstock.com and tZERO CEO Patrick Byrne said: In August 2015, Overstock used tZERO’s blockchain technology to issue what we believe was the world’s first private blockchain security, a $5 million bond to…
Read more