Regulation
January 16, 2018 BY Valentina Kirilova

Breakaway Finance Group offers enforceable undertaking to cancel AFS license

The Australian Securities and Investments Commission (ASIC) has accepted an enforceable undertaking (EU) from Breakaway Finance Group Pty Ltd (Breakaway) to cancel their Australian Financial Services (AFS) license. The EU also includes Breakaway's sole director, Mr Mark Roberts, who will remove himself from the industry for at least two years. Following an ASIC surveillance into…

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FCA warning
January 16, 2018 BY Valentina Kirilova

FCA warns against Skyblue Capital 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 Skyblue Capital. Skyblue Capital is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…

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January 16, 2018 BY Valentina Kirilova

Vontobel issues first Bitcoin open end tracker on NGM Sweden

Vontobel is the first issuer to offer an open end tracker certificate on bitcoin cryptocurrency on Swedish NGM Exchange. The tracker certificate enables investors to participate in the bitcoin price performance without buying and storing bitcoins digitally. In addition, the tracker makes bitcoin to a securitized financial instrument which can be traded simply and transparently…

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acquisition
January 16, 2018 BY Valentina Kirilova

Houlihan Lokey acquires Quayle Munro Ltd and establishes a new global data & analytics group

Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, today announced that it has agreed to acquire Quayle Munro Limited (Quayle Munro), an independent advisory firm that provides corporate finance advisory services to companies underpinned by data & analytics, content, software, and services. The agreement was signed on January 15 and is expected to close following…

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January 16, 2018 BY Valentina Kirilova

NSD and CSD community advance Blockchain for post-trade

The CSD Working Group on DLT, which includes National Settlement Depository (NSD), and SWIFT announced that they have signed a Memorandum of Understanding (MOU). In addition to NSD, the CSD Working Group on DLT includes Strate (the CSD of the South African Republic), SIX Securities Services (the international CSD located in Switzerland), Nasdaq (CSD in…

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Digix lists on Korean exchange to boost its local market presence
January 16, 2018 BY Valentina Kirilova

Professor of Finance comments on South Korea's suggested crackdown on cryptocurrency trading

South Korea came with a decision to ban cryptocurrency trading, LeapRate already reported. The country’s government came out with a statement saying that the ban will be enforced once enough consultation and opinions are coordinated and taken into consideration. Commenting on South Korea's suggested crackdown on cryptocurrency trading Dr. Daniele Bianchi, Warwick Business School Assistant…

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January 16, 2018 BY Valentina Kirilova

Metamako provides technology to monitor every trade at Deutsche Börse

Metamako, the provider of intelligent, FPGA-enabled network platforms, announced that it is providing its technology to Deutsche Börse Group. The exchange is using the company’s network devices to increase the accuracy, speed and precision of data capture, network monitoring and timestamping of its co-location network. Every trade is now monitored by a Metamako device, making…

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Iniesta US football UFX
January 16, 2018 BY Valentina Kirilova

Forex Sports Sponsorship: Barcelona playmaker Andrés Iniesta tackles new role in UFX commercial

Andrés Iniesta is used to tearing soccer defences apart, but the Barcelona playmaker shows there’s a first time for everything as he dodges American Football defences in the new UFX.com commercial. CySEC licensed retail forex broker UFX.com has today revealed its new video ad campaign with the aim of encouraging viewers to ‘try something new’, which…

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Broadridge names Tom Carey President Of Global Technology & Operations Segment
January 16, 2018 BY Valentina Kirilova

Broadridge names Tom Carey to head new EMEA and APAC International unit

Broadridge Financial Solutions, Inc. (NYSE:BR) today announced the creation of Broadridge International, appointing Tom Carey to head Broadridge’s International efforts, responsible for leading the company’s rapidly expanding efforts and presence in the EMEA and Asia Pacific regions across all business lines. Carey has also been appointed to serve on Broadridge’s Executive Committee. International expansion is…

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