Dubai Financial Market (DFM) today announced that Al Ramz Capital has become the first member that receives a DFM accreditation to provide the Regulated Short Selling (RSS) Service to its client base. The DFM has launched the RSS Service recently as part of its efforts to provide market participants with new tools to further strengthen…
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LeapRate Exclusive... LeapRate has learned that Finsa Europe Ltd., which operates online spreadbetting, CFD and Forex trading brokerage brand Core Spreads (at corespreads.com), has received a capital injection of £2.8 million from the company's controlling shareholder Jasper White. The investment marks a large milestone for the company, as to date only £192,000 was invested in the company,…
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Hong Kong Exchanges and Clearing Limited (HKEX) just announced that it welcomes the Government’s appointment of Laura Cha and Benjamin Hung to its Board of Directors. The terms of Mrs Cha and Mr Hung will begin at the conclusion of HKEX’s 2018 Annual General Meeting (AGM) and will end at the conclusion of the AGM…
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His Highness Sheikh Hamed bin Zayed Al Nahyan, Chairman of Abu Dhabi Crown Prince’s Court, and His Excellency Edouard Philippe, the Prime Minister of the Republic of France, attended the event held by Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, to welcome international bank BNP Paribas Group in establishing its…
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The Dubai Financial Services Authority (DFSA) and the Central Bank of Oman signed a Memorandum of Understanding (MoU) to cooperate in the supervision and authorisation of firms operating in both markets. The MoU was signed in the Dubai International Financial Centre by Mr Bryan Stirewalt, Managing Director, Supervision of the DFSA, and His Excellency, Tahir…
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Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has announced that it has invested further in Nayax Ltd., a leading global cashless payment solutions provider for the unattended machine industry. SafeCharge made its initial investment in Nayax in December 2016 and today's follow-on investment takes the total investment by SafeCharge to approximately USD $24.5 million, in…
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Global FinTech, Bitcoin and Blockchain investment platform BnkToTheFuture announced the appointment of Bitcoin pioneer Charlie Shrem to its advisory board for the launch of its BF Token. Since launching the Bitcoin Foundation in 2012, Shrem has become one of the world’s most sought-after blockchain experts, speakers, and advisors. Recently, he founded CryptoIQ.co as an educational…
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LeapRate Exclusive... LeapRate has learned that FCA regulated institutional FX broker Fixi plc has made a number of changes in its senior management ranks, including the appointment of a new CEO and a new CFO. Fixi is controlled by Goran Drapac, also the founder and controlling shareholder of Australia based Retail FX broker AxiTrader. Leaving…
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Your Weekly Trading Review by UFX.com – Sunday, February 11th, 2018 Here are some of this past week’s leading economic news and events that affected the financial markets: Clear Brexit Plan Will Be Announced in the Upcoming Weeks Theresa May plans to announce a concrete path to exit the EU in a speech in the upcoming weeks.…
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It was a very mixed bag of Forex Industry News this past week with topics running from M&A to international expansion to regulation to marketing... And, as usual, the week's top stories appeared only or first on LeapRate. How much did Formax pay for social and copy trading provider ZuluTrade? Why was the sale of…
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