Leading off our retail and institutional FX volume results reports for the first month of 2018, GTX - the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP) - has reported that it saw record activity in January 2018. GTX ECN set an average daily volume record $13.9 billion, beating the previous $13.3…
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Australia based boutique multi-asset prime broker Invast Global has announced the appointment of ex-Citigroup, Goldman Sachs Treasurer and former KPMG Partner Michael Cunningham as a Non-Executive Director to its Board of Directors. ASIC licensed Invast Global is a subsidiary of Jasdaq-listed Invast Securities Co. Ltd. (TYO:8709), and has grown over the past few years to…
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The largest state bank in Russia, Sberbank, has taken serious steps into introducing a cryptocurrency exchange in Europe through its Swiss branch, Sberbank Switzerland AG, local media group RBC said on Tuesday Jan. 30. The reason for the bank's choice to open the exchange in Switzerland is the fact that right now, cryptocurrency transactions and operations…
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On January 23rd, South Korea's Financial Services Commission confirmed in a statement that all Bitcoin investors and traders would need to do future business dealings though real-name bank accounts in order to "reduce room for cryptocurrency transactions to be exploited for illegal activities, such as crimes, money laundering and tax evasion." Right after the news hit…
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The Securities and Exchange Commission (SEC) informed that it has obtained a court order halting an allegedly fraudulent initial coin offering (ICO) that targeted retail investors to fund what it claimed to be the world’s first “decentralized bank.” According to the SEC’s complaint, filed in federal district court in Dallas on Jan. 25 and unsealed…
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LeapRate Exclusive... LeapRate has learned that FXCM Group has made some senior management changes, as the company continues to shift its operating focus to London, under FXCM CEO Brendan Callan. The primary change involves the promotion of longtime FXCM US employee Juan Cafe to the #2 position in the company. Mr. Cafe will be COO…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm UBS Private Wealth Management. 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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Samrat Bhandari, who played a prime role in the operation of an investment scheme which led to investors losing just over £1.4 million, was today sentenced at Southwark Crown Court to a total of 3½ years’ imprisonment, the FCA just announced. He was also disqualified from holding the position of director for 12 years. In…
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Singapore Exchange (SGX) just informed that it has today welcomed LY Corporation Limited to its Catalist under the stock code “1H8”. LY Corporation Limited is one of Malaysia’s leading manufacturers and exporters of wooden bedroom furniture. With strong in-house design and development capabilities and an established subcontractor network, they have a track record of approximately…
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Global forex broker Admiral Markets just announced the launch of new trading instruments on the MetaTrader 5 platform. 200 new CFDs on the stocks of the biggest companies in Germany, the US and the UK are now available for trading to those with an Admiral.MT5 account. Clients can find all details regarding the new instruments…
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