The Nova Scotia Securities Commission (NSSC) informed that it is making it easier for investors to find out if those “latest and greatest” investment opportunities are potentially scams. The commission has a new Investor Alert Database on its website. Investor alerts are published by the Commission to warn of unlawful investment raising schemes that the…
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Barracuda FX, the specialist provider of FX Order Management technology, today announced the signing of a new contract with Jyske Bank, the major Danish FX trading institution. Jyske Bank embarked on a project in 2017 to streamline their FX operations in order to make them more efficient. A detailed analysis of the Barracuda platform established…
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The Commodity Futures Trading Commission (CFTC) nformed that it has filed a federal civil enforcement action in the U.S. District Court for the Eastern District of New York against Defendants Patrick K. McDonnell, of Staten Island, New York, and CabbageTech, Corp. d/b/a Coin Drop Markets (CDM), a New York corporation, charging them with fraud and…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm EJS Gesrion D’actifs / EJS Placements Financiers. 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…
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BTL Group Ltd. (TSX Venture: BTL) has provided further information on the next phase of its previously announced European energy trading project, under which four oil and gas supermajors and five energy traders including Eni Trading & Shipping, Total, Gazprom Marketing & Trading Limited, Mercuria, Vattenfall, Petroineos and Freepoint, propose to participate in using BTL’s…
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The Taiwan Futures Exchange (TAIFEX) announced that it has just launched two new FX futures contracts – GBP/USD Futures and AUD/USD Futures. The addition of the two new futures contracts is the next step in TAIFEX’ strategy to rapidly expand its FX product line, which it began building in 2015 with the introduction of RMB…
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Your Weekly Trading Review by UFX.com – Sunday, January 21st, 2018 Here are some of this past week’s leading economic news and events that affected the financial markets: The EUR/USD fell by 0.13%, closing the week at $1.2222. The GBP/USD decreased by 0.26%, ending the week at a £1.3858 exchange rate. Gold went up by 0.44% as…
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In Forex Industry News this week... Which Binary Options platform provider in Israel had its offices raided by the FBI? Who was revealed as the $100 million investor in Retail FX broker IronFX? How did ESMA's updated proposals to regulate leveraged CFD trading differ from its initial statement last month? And, what did ESMA have…
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After Bitcoin's value was slashed in half, dropping from almost $20,000 to $10,000 in just two weeks, many investors started to pull their money out of accounts and wonder how to proceed next. The news that South Korea is banning cryptocurrency trading and investors's accounts has undeniably helped the value of the whole crypto market…
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It's been a tough month for the cryptocurrency market. The market capitalization of the market went from $750 billion to around $550 billion in just under two weeks. Almost all alt coins decreased in value with the recent announcement that South Korea will be banning cryptos. However, with such "gloominess" among investors, things are looking…
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