Dragonchain and Coiin
March 20, 2018 BY Valentina Kirilova

Dragonchain and Coiin unite to power blockchain integration and token economy

Coiin, a digital engagement platform that rewards social media users through the blockchain, has announced that it has partnered with blockchain platform Dragonchain to develop its platform. With this technology, Coiin offers digital rewards for users who promote Coiin partner products and projects directly with cryptocurrency through the blockchain. The most valuable currency in the…

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WFE launches new website & members’ portal
March 20, 2018 BY Valentina Kirilova

World Federation of Exchanges hires BNY Mellon's Richard Metcalfe

The World Federation of Exchanges (WFE), the global industry group for exchanges and CCPs, has confirmed the appointment of Richard Metcalfe as the Head of Regulatory Affairs for the WFE. ​Metcalfe joins following a consulting project at BNY Mellon, where he has been providing advice on the practical implementation of MiFID II and other pieces…

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Alpari FX volumes
March 20, 2018 BY Valentina Kirilova

Alpari's February trading turnover is up 11% MoM

Retail Forex broker Alpari just announced its February 2018 volumes, in which Alpari recorded US$148.4 billion in trading turnover for the month, marking an 11% increase on January. The improved performance on the broker's key indicator is mostly down to increased trading activity on the GBPUSD (+49%) and USDJPY (+14%) currency pairs. The EURUSD, Alpari's…

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Belize regulator IFSC warning
March 20, 2018 BY Valentina Kirilova

Belize regulator IFSC warns against Zenith Loan Company

Belize financial regulator IFSC has issued a Warning Notice regarding a company called Zenith Loan Company. The entity is not licensed under the IFSC Act to provide, carry on, transact, or hold himself out as providing, carrying on, or transacting any of the international financial services as set out in the Schedule of the IFSC…

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March 19, 2018 BY LeapRate Staff

Electronic Transaction Clearing settles charges of misusing client funds

The U.S. Securities and Exchange Commission (SEC) today announced that Electronic Transaction Clearing (ETC), a registered broker-dealer headquartered in Los Angeles, has agreed to settle charges that it illegally placed more than $25 million of customers’ securities at risk in order to fund its own operations. Among other things, the SEC found that ETC violated the…

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FCA warning
March 19, 2018 BY Valentina Kirilova

FCA warns against Gainmax Capital Limited firm

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 Gainmax Capital Limited. Gainmax Capital Limited is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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acquisition
March 19, 2018 BY Valentina Kirilova

Dow Jones completes acquisition of Cerico

Dow Jones Risk & Compliance, a provider of anti-money laundering, anti-corruption and sanctions compliance data solutions, announced that it has completed the acquisition of Cerico from the law firm Pinsent Masons and Campbell Nash, a consultancy owned by technologist James Armstrong. Cerico provides end-to-end Know Your Business Partner technology and digital compliance tools for international…

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Thomson Reuters (NYSE:TRI)
March 19, 2018 BY Valentina Kirilova

Thomson Reuters adds further FX pricing precision for AUD/USD

Information giant Thomson Reuters (NYSE:TRI) announced that it is adding further foreign exchange (FX) pricing granularity for customers trading Australian Dollars (AUD) vs. U.S. Dollars (USD), creating greater accuracy in price quotes in AUD/USD on Thomson Reuters Spot Matching and across Thomson Reuters FX platforms. The change on Thomson Reuters Spot Matching will add an…

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