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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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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LeapRate Exclusive... LeapRate has learned that institutional FX broker Global Market Index (or 'GMI') has hired former Exness executive John Taylor as COO of its FCA regulated UK operation, Global Market Index Limited. John Taylor served as CFO of Exness for the past three years, and helped spearhead the launch of Exness' UK operation and FCA…
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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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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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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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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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FIA Tech has announced the expansion of its Position Limits Databank service to encompass position limits for commodity derivatives as set by European regulators under MiFID II. The enhanced position limits service went live as planned ahead of the launch of MiFID II on January 3 2018. To date, seven exchange groups have issued MiFID…
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The following article was written by Jeff Broth, a business writer and personal finance advisor. Consulting for SMB owners and entrepreneurs for more than 7 years. 2018 is the year of big banks in the United States. Truth be told, this reality has been a long time coming. The Federal Reserve Bank officially reversed course…
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ASIC announced that it has permanently banned Mr Robert Pryor Smith, of West Lakes, South Australia from providing financial services on the basis that he is not of good fame or character. Mr Smith was an authorised representative for Futuro Financial Services Pty Ltd (Futuro) from 10 October 2008 to 12 September 2017. Mr Smith…
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