social trading
February 06, 2018 BY Valentina Kirilova

France regulator AMF clarifies its expectations for crowdfunding

Through their Joint Unit, the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and the Autorité des Marchés Financiers (AMF) just informed that they wish to enhance crowdfunders’ protection. They have decided to publish a position on the procedure for default rates calculation, a recommendation on the platforms run-off management and a position on the…

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SFC fines
February 06, 2018 BY Valentina Kirilova

Wedbush Securities fined $1.5 million for customer fund protection issues

The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Wedbush Securities Inc. $1.5 million for violating the Securities and Exchange Commission’s (SEC) Customer Protection and Net Capital Rules, and for related supervisory and books and records failures. The SEC Customer Protection Rule creates requirements to protect customers' funds and securities. To ensure…

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TechFinancials sells its holding in MarketFinancials to Proverial Ltd
February 06, 2018 BY LeapRate Staff

TechFinancials cancels sale of OptionFair and Binary Options holdings

Binary options technology and brokerage company TechFinancials Inc (LON:TECH) has announced that it has cancelled the planned sale of its Binary Options holdings, after the buyers were unable to secure the necessary regulatory approvals for the deal by a self-imposed deadline of January 31, 2018. As we reported in late November, TechFinancials came to an…

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Bitcoin
February 06, 2018 BY Valentina Kirilova

Fullerton Markets adds Bitcoin funding of client accounts

Fullerton Markets today announced the acceptance of Bitcoin as a new funding method for client deposits. Mario Singh, CEO of Fullerton Markets, commented: We have had loads of requests over the last couple of months to integrate a payment processor which accepts Bitcoin. Interestingly enough, the requests have not dropped despite Bitcoin falling over 50%…

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February 06, 2018 BY Mariela Naydenova

Cryptos are dying, blockchain is thriving

Bitcoin hit another low this morning, trading at $7,400 per coin according to major exchanges. It seems that when Bitcoin is going down, almost all altcoins are also plunging. After India and China went against Bitcoin, and with the recent news that major banks such as JPMorgan, Lloyds Banking Group and more, are banning Bitcoin…

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February 05, 2018 BY Valentina Kirilova

SET renews MoU with Korea Exchange to foster regional collaboration

The Stock Exchange of Thailand (SET) announced that it has today signed the renewal of memorandum of understanding (MoU) to continue the synergized efforts on capital market development and business opportunities between the two exchanges, including products and services development, IT infrastructure cooperation and information exchange. SET President Kesara Manchusree commented: The MoU between SET…

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STOXX Low Carbon products licensed to Italian bank IMI
February 05, 2018 BY Valentina Kirilova

iSTOXX Diversity Impact Select Indices licensed to Goldman Sachs

STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, today announced that the iSTOXX Global Diversity Impact Select 30 Index and the iSTOXX Europe Diversity Impact Select 30 Index were licensed to Goldman Sachs as an underlying for the issuance of structured products. We…

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