The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Firefly Finance. 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…
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Japan Exchange Regulation (JPX-R) and Tokyo Stock Exchange, Inc. (TSE) announced that they have decided to apply artificial intelligence (AI) to market surveillance operations to detect such misconduct as market manipulation. Deployment of AI to market surveillance operations will commence today. In surveillance operations of the TSE market for monitoring and preventing unfair trading, a…
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Centroid Solutions, a financial technology company servicing FX brokers, has announced the launch of its new website at centroidsol.com. The firm’s digital identity has been fully revamped to follow the latest trends and has been created with the user experience firmly in mind. The new website includes extensive product information to help users understand Centroid…
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Kyber Network, a decentralized cryptocurrency exchange, has today announced that their public beta is open to the public. The public launch of Kyber Network comes at a time when there is increasing scrutiny about the transparency of centralized exchanges and security is as big of a concern as ever. Kyber Network is a fully decentralized…
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TechFinancials Inc (LON:TECH) has announced that the ICO pre-sale of its Blockchain based online diamond exchange unit CEDEX was successfully completed. CEDEX hit its target of selling 25 million CEDEX tokens, at a price of 1 Ethereum = 900 CEDEX tokens. At Ethereum's current price of USD $544, that adds up to a $15 million…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Centillion General Holding Limited. 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…
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Hong Kong retail forex broker KVB Kunlun Financial Group Ltd (HKG:8077) completed what was a very up and down year in 2017 by reporting that Q4 Revenues were down 25% from Q3, coming in at HK$136 million (USD $17.4 million). The company just about broke even on the bottom line, with Q4 Net Profit of…
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Your Weekly Trading Review by UFX.com – Sunday, March 18, 2018 Here are some of this past week’s leading economic news and events that affected the financial markets: Cryptocurrencies Continue to Fall Cryptocurrencies experienced a decrease in value of over $60 billion on Thursday. The market remains volatile as Google plans to ban all online ads that…
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Dominating Forex Industry News this week at LeapRate, quite clearly, was our coverage and the industry discussion it evoked on Google's plans to ban crypto and binary options related ads, and for Google to require certification for all Forex and CFD ads. What type of 'certification' will Google require? When do Google's new rules kick…
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Shares of London based electronic trading firm and exchange operator NEX Group PLC (LON: NXG) were sent soaring by more than 30% on Friday, after the company confirmed last night that it was indeed the subject of an acquisition approach by US rival CME Group Inc (NASDAQ:CME). CME's own shares didn't react much, trading up 0.6% in…
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