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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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 RBCP INTERNATIONAL / RBC GROUP. RBCP INTERNATIONAL / RBC GROUP is not authorised by the FCA but has been targeting people in the UK and is…
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The Securities and Exchange Commission (SEC) informed the public that it has voted to propose new Rule 610T of Regulation NMS to conduct a Transaction Fee Pilot in NMS stocks. The proposed pilot would subject stock exchange transaction fee pricing, including “maker-taker” fee-and-rebate pricing models, to new temporary pricing restrictions across three test groups, and…
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CQG, Inc., a global provider of high-performance trading, market data, and technical analysis tools, has just announced a new partnership with the futures exchange Nasdaq Futures (NFX). This parthership aims to provide a trading solution for clients trading NFX products. NFX, leveraging CQG Desktop for its trading system, now makes that offering available with zero…
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LeapRate Exclusive... LeapRate has learned that MENA and New Zealand FX brokerage group Direct Trading Technologies (DTT) is in the latter stages of applying for and receiving an FCA license. The company plans to launch an FCA registered brokerage, to be based in Canary Wharf, London. DTT UK is expecting to launch in the summer…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Patcham Investment Funds (PIF). 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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Copenhagen based multi asset broker has continued its global expansion and, in particular, its growth in China and the Far East with a new partnership announced today with Valuable Capital Group, part of Chinese online media giant SINA Corp (NASDAQ:SINA). The new partnership comes just several days after Saxo Bank appointed a new China CEO, hiring…
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