Following Bitcoin’s latest tumble, Mark Ward, head of trading at Sanlam UK, has examined why the virtual currency is so volatile and shared the three reasons that will shape the future of the cryptocurrency. Seldom a week goes by without mention of Bitcoin in the news – from commentators predicting it to be the swindle…
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Amman Stock Exchange (ASE) announced that it will launch the new official application ASE News today on the devices that use (IOS) and (Android) operating systems. This application aims to enable investors and those who are interested in securities to follow up all news, circulars and disclosures of listed companies issued by the ASE. The…
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UK FCA regulated global provider of FX and CFD brokerage services Tickmill announced that has become a sponsor of SK Kadrina, an Estonian wrestling team which participated in an international wrestling competition in Arad, Israel. The tournament was held from 31 October until 6 November 2017 in memory of Lieutenant Hanan Barak and attracted hundreds…
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News sources in Israel, as well as certain blogs close to the Binary Options sector, are reporting that Israel's new Binary Options law has been challenged to the Israeli Supreme Court. The appeal has been brought by lawyers representing Yossi Herzog, the major shareholder in binary options group Yukom Communications Ltd which has operated a…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Lolly Loans PVT Ltd. 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 part of their…
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Russia's National Settlement Depository (NSD) has announced that it has closed the country's first transaction issuing commercial bonds based on blockchain technology. And apparently it was a large success, with increasing demand for more. The NSD stated that on December 22, a RUB 500 million (USD $9 million) commercial bond issue of MegaFon was paid…
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The following article was written by Adinah Brown, content manager at Leverate. The financial industry in Europe will see significant changes under MiFIDII, the second iteration of financial reforms that were originally implemented in 2007. The new directives have the aim of increasing transparency and accountability among financial companies by making requirements for reporting transactions more…
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Continuing its string of warnings against unregulated brokers and other scams targeting retail traders in Canada, Canadian securities regulator the British Columbia Securities Commission (BCSC) has added to its Investment Caution List unregulated offshore Binary Options broker LionsTradeFX, operating from website lionstradefx.com. On its website, LionsTradeFX calls itself "today’s leading digital options trading platform". However a…
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A number of news outlets in Israel have reported that the country's Ministry of Finance, in conjunction with the central Bank of Israel, are looking at creating a state-sponsored cryptocurrency. The reports cited anonymous government sources. According to the reports, the move is being looked at as part of an initiative to reduce dependency on…
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Your Weekly Trading Review by UFX.com – Sunday, December 24th, 2017 These major financial events set the tone for the past week. Let’s take a look at how they affected the global financial markets: Gold rose by +0.65%, ending at $1,278.80. Crude Oil rose by +0.19%, closing at $58.47 a barrel. The DOW fell by -0.11%, closing…
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