After jettisoning (virtually) its entire Binary Options business and giving up its CySEC CIF license, TechFinancials Inc (LON:TECH) announced today that as scheduled, its Blockchain based online diamond exchange CEDEX will launch its ICO token pre-sale event today, March 16, 2018 at 10:00 GMT. CEDEX has set the sale price of the CEDEX coins at 1…
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Diamonds, rare earths, wine or “crypto assets”: intermediation in miscellaneous assets may cover several sectors. Since July 2017, the Autorité des marchés financiers (AMF) has been providing a list of unauthorized diamond investments platforms. Later on, the AMF decided to include in this list other miscellaneous assets proposals. From now on, companies proposing to invest…
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Electronic trading solutions provider TradingScreen has announced that Surika Vosloo has joined the company as the European Product Manager for the company's flagship OEMS Platform. In this role, Surika will focus on strengthening and extending TradingScreen's product offering in Trading and Analytics. Surika Vosloo brings nearly a decade of industry experience to TradingScreen and a proven…
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London based electronic trading firm and exchange operator NEX Group PLC (LON: NXG) issued a press release late Thursday entitled Statement re press speculation, confirming that it has received a preliminary approach by US rival CME Group Inc (NASDAQ:CME) regarding a potential acquisition of NEX by CME. NEX issued the statement after a number of US…
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Swiss online banking and brokerage leader Swissquote Group Holding SA (SWX:SQN) has announced that it has launched the first actively managed multi-cryptocurrency Certificate, called "Multi-Crypto Active Index". The Multi-Crypto Active Index allows mainstream investors to invest in a diversified portfolio of four different cryptocurrencies through a traditional financial vehicle publicly traded on the SIX Swiss Exchange.…
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Better late than never. Long after most of its UK online trading rivals launched cryptocurrency trading, CMC Markets Plc (LON:CMCX) has announced that it will launch CFD and spread betting on the original bitcoin and ethereum cryptocurrencies paired against the US dollar. However, the crypto offering will only be available at CMC (at least initially) to its…
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The Ontario Securities Commission (OSC) announced that fee rates under OSC Rule 13-502 Fees and OSC Rule 13-503 (Commodity Futures Act) Fees will remain unchanged for a period of two years, starting April 1, 2018. The OSC is funded by fees from market participants and typically re-evaluates its fee levels every three years. Rates were…
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Toronto based technology firm TickTrade Systems has partnered with Applied Financial Solutions (AFS), the technology firm announced earlier today. TickTrade has created a modular, end-to-end FX trading service including sophisticated extensive distribution capabilities, customizable price engine functionality, comprehensive risk management, liquidity management, and more. TickTrade’s Predictive Analysis utilizes real time AI and machine learning tools…
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There seems to be some confusion out there regarding a circular issued today by Spanish financial regulator CNMV, entitled (translated from the original Spanish): The CNMV approves a Circular that establishes new warnings on financial instruments considered especially complex. The issue of warnings required by the CNMV aren't new - they were introduced for Spanish traders…
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The Monetary Authority of Singapore (MAS)'s Managing Director, Mr Ravi Menon, has given a speech at Money20/20 event (15 March 2018). He spoke in details about... well, first of all, Money, but he has also shared his opinion on managing crypto risk, financial stability, money laundering, investor protection, and so much more. The complete text…
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