January 12, 2018 BY Valentina Kirilova

Latoex launches Ethereum blockchain trading platform for digital assets

Latoex, the development company that introduces the financial industry of Latin America to the crypto space, just announced its trading platform for digital assets. The trading platform, named Andes, provides ready-to-use tools to implement the strengths of blockchain into traditional assets. From comprehensive technical analysis to descriptive components - the platform grants its financial institutions…

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Regulation
January 12, 2018 BY Valentina Kirilova

ASIC acts against Melbourne-based financial services and credit business

The Federal Court of Australia informed that it has made interim orders restraining Financial Circle Pty Ltd (Financial Circle) from engaging in a number of activities including carrying on a financial services business, providing financial advice or entering into credit contracts. ASIC commenced proceedings in the Federal Court against Financial Circle on 15 December 2017…

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warning
January 12, 2018 BY Valentina Kirilova

FCA issues list of unauthorised binary options providers

The Financial Conduct Authority (FCA) has today published a list of 94 firms without FCA authorisation that it understands to be offering binary options trading to UK consumers. Since January 3rd 2018, firms involved in binary options trading in the UK have been required to be authorised by the FCA. Firms that are not authorised…

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January 12, 2018 BY Valentina Kirilova

MetaQuotes stops selling MT4 platform licenses

Forex trading platform developer MetaQuotes just announced that it has stopped selling MetaTrader 4 platform licenses to new customers. The MetaTrader 4 trading platform was released more than 12 years ago. Its architecture was designed under the limitations of that time, due to which it is no longer possible to implement new features that meet today's…

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January 12, 2018 BY Mariela Naydenova

Korean banks and their rally against cryptocurrencies

The crypto market is rumoured to reach 10% of the world GDP by five to 7 years, thus booming to around $7 trillion in market capitalization. With the current growth of digital currencies, some of the heat is coming off with Korean banks trying to block virtual accounts. The Korean government is working to phase…

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Chapter 11 reorganization filing
January 12, 2018 BY Valentina Kirilova

Global Brokerage receives 79% yes votes to move forward with reorganization

Global Brokerage, Inc. (NASDAQ:GLBR), formerly known as FXCM Inc, announced that, after receiving votes from approximately 78.5% of the holders of its 2.25% Convertible Notes due 2018 (the "Current Notes") unanimously approving its proposed, prepackaged plan of reorganization (the "Plan"), Global Brokerage has filed a voluntary petition for reorganization under Chapter 11 of the Bankruptcy…

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Nasdaq Copenhagen Improves Small Cap Market Access For Non-Nordic Trading Members
January 12, 2018 BY Valentina Kirilova

Record 2017 for Nasdaq’s Nordic Bond Markets

The volume of listed corporate bonds on Nasdaq’s Nordic markets grew to another all-time high during 2017. At the end of the year, the total value of listed corporate bonds on the Nasdaq Nordic main markets was 74 billion EUR, representing an increase of 9,6% compared to 2016. We are excited to note a continued,…

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TechFinancials rocket
January 12, 2018 BY LeapRate Staff

TechFinancials shares soar on increased Cedex ICO size

Shares of binary options technology (and more recently Blockchain tech) provider TechFinancials Inc (LON:TECH) were soaring by 28% to an all time high of 37 pence on Friday morning, after the company announced that it was increasing the size of the planned token sale for Cedex Holdings Ltd. TechFinancials recently invested in Cedex, which is setting…

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Advanced Markets Ltd signs up to FX Global Code of Conduct
January 12, 2018 BY Valentina Kirilova

AFMA announces launch of FX Global Code Register for Australia

The Australian Financial Markets Association (AFMA) has launched a Public Register for Statements of Commitment to the FX Global Code (the Code) by participants in the wholesale Australian foreign exchange market. The AFMA Register is supported by ACI Australia. AFMA and ACI Australia are currently accepting Statements of Commitment from market participants for uploading to…

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