CySEC, Belize and South Africa licensed Retail FX broker Forextime, which also goes by the shortened moniker FXTM, has announced that it is going to be a part of the upcoming National Cyprus Final for F1™ in Schools on 24 March. During the race, FXTM will be Platinum Sponsors of ‘Team XLR8’ from The Heritage…
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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 Oakwood Advisory. Oakwood Advisory is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
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The Eastern Magistrates’ Court today convicted Mr Chan Chi Kit of unlicensed dealing in securities in a prosecution brought by the Hong Kong Securities and Futures Commission (SFC), the regulator announced earlier today. Chan pleaded guilty and was fined $8,000 and ordered to pay the SFC’s investigation costs. The Court heard that Chan carried on…
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Darwinex, the UK Financial Conduct Authority (FCA) regulated FX asset manager and brokerage, announced that it has launched MetaQuotes' multi-asset platform MetaTrader 5. The company offers clients DMA execution at competitive rates, combined with access to more than $50 million in 3rd party capital managed by Darwinex. It is most famous for creating a transparent social…
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Forex brokerage solutions provider MahiFX has just issued a warning notice regarding a cloned Chinese website. Fraudsters are using false details or mix these with some correct details of the registered firm MahiFX. The scammers operate via the website https://www.mahi-fx.com/. A MahiFX spokesperson commented on the news: We are deeply concerned that our trading platform…
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Investment technology provider Eze Software has just announced its strategic collaboration with NEX Regulatory Reporting, a business area within NEX Group plc. As an Approved Publication Arrangement (APA) provider, NEX Regulatory Reporting supports clients in their MiFID II obligation to publish pre- and post-trade data and reports as soon as possible after execution. The collaboration…
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Switzerland based Saga Foundation has just announced its mission to create Saga (SGA), the first non-anonymous blockchain-based digital currency. The currency is designed with a tamed volatility mechanism. These characteristics can set the ground for the currency to become a store of value and a medium of exchange. Saga is designed to address legitimate concerns…
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FashionTV, the international fashion and lifestyle broadcasting station, has announced its debut in the blockchain space. FashionTV’s decentralized platform will empower up-and-coming models with new ways of breaking into the trade and will eliminate the need for intermediaries, such as talent agencies, that currently hold much of the industry’s power. FashionTV’s new FTV Coin Deluxe…
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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 SW1 Options. SW1 Options is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
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ASIC has informed the public that it has suspended the Australian financial services (AFS) license of WA-based Red Summit Trading Partners Pty Ltd (Red Summit) from 7 March 2018. ASIC found that, due to various staffing changes, Red Summit is not currently carrying on a financial services business. As a license variation application is pending,…
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