Cheetah Mobile Inc. (NYSE: CMCM), a mobile Internet company, today announced that its Board of Directors has appointed each of Mr. Michael Jinbo Yao and Mr. Michael Lingye Zuo as an independent director, effective December 28, 2017. Mr. Michael Jinbo Yao will also join the corporate governance and nominating committee of the Board, effective the…
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National Settlement Depository (NSD), acting in compliance with ISO 18774, announced that it has started assigning FISNs (Financial Instrument Short Names) to securities and related financial instruments. ISO 18774 is an international standard which establishes a universal approach to reflecting the short descriptions of financial instruments based on unified rules and format. FISN is one…
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The following article was written by Quinn Perrott, General Manager of regulatory and compliance solutions provider TRAction Fintech. Starting on 3 January 2018 are both MiFIR and MiFID II. MiFIR applies in all European Union states regardless of domestic implementation. However, as a directive of the European Commission, MiFID II requires enactment into the national…
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BTL Group Ltd. (CVE:BTL) announced that it has hired a Head of Marketing, Stella Hall, and Business Development Manager, Jonathan Jones, as the firm commences its sales and marketing drive to bring its proprietary blockchain platform Interbit to market. We are looking for exceptional sales and marketing people to join our team and help build…
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At the end of the settlement date of December 15, 2017, short interest in 2,344 Nasdaq Global Market SM securities totaled 7,459,908,298 shares compared with 7,455,601,576 shares in 2,348 Global Market issues reported for the prior settlement date of November 30, 2017. The mid-December short interest represents 4.37 days average daily Nasdaq Global Market share…
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After receiving more than $1 million in dividends from its China JV DragonFinancials, binary options platform provider TechFinancials Inc (LON:TECH) is continuing its diversification away from binaries by plowing some of that cash into its Cedex.com joint venture. As we reported in October, TechFinancials set up Cedex.com as a JV with private banking expert Saar Levi. Cedex (CErtified…
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The price of bitcoin has shot up from $1,000 to $20,000 in 11 months while other popular cryptocurrencies like Ethereum, Ripple and Dash have increased in value even faster. Virtual currency is quite volatile these days, and here's LeapRate's recent conversation with Edwin Dearborn, CMO at e-Chat, who gives his expert commentary on virtual currency…
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Cboe Global Markets, Inc. (Nasdaq: CBOE) announced that two AlphaClone funds successfully transferred to the Cboe ETF Marketplace from NYSE Arca today. The AlphaClone Alternative Alpha ETF (Cboe: ALFA) seeks to track the price and yield, before fees and expenses, of the AlphaClone Hedge Fund Downside Hedged Index. The AlphaClone International ETF (Cboe: ALFI) seeks…
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Binance, a cryptocurrency exchange that was launched just five months ago, became the largest exchange in the world by trading volume with $2.8 billion traded since Tuesday according to data from Coinmarketcap.com. The company recently stated they had now reached 2.9 million users on their platform since their launch in July of 2017. “We are…
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After Segwit2x was planned to happen in mid November this year, the fork was unexpectedly cancelled, leaving many Bitcoin enthusiasts wondering what is going on within the Bitcoin community. Now, a month later, the new fork is set to launch again. The new announcement was made on the 16th of December, with plans for the…
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