FCA regulated Retail Forex, CFDs and Spread Betting broker London Capital Group Holdings plc (LON:LCG) has announced that effective today its shares will be listed on the NEX Exchange Growth Market. LCG shares will also continue to be listed on London Stock Exchange's AIM. The NEX Exchange Growth Market, or "the other London stock exchange", is operated by NEX…
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Investors are now wondering what is going on with Bitcoin's price craziness, as the price chart already looks like the infamous "hockey stick", and experts are grasping to find the reasons why the digital currency is now hitting the $17,000 level every day. The answer may be leverage. The Japanese exchange, bitFlyer, said that their…
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Online trading and banking company Ally Financial Inc (NYSE: ALLY) has announced that Jenn LaClair will be joining the company as chief financial officer designate, effective December 18, 2017, with the intent that she be appointed to succeed Ally's CFO Chris Halmy. Halmy will retire as chief financial officer after eight years of dedicated service with Ally, effective March 1,…
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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 Howland Law Firm. Howland Law Firm is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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ASIC has today announced a Cooperation Agreement with Canadian regulators on fintech cooperation. This agreement expands the existing framework for information sharing and also allows the referral of innovative fintech businesses to and from Canada. This Cooperation Agreement is signed with participating Canadian provincial securities regulators: Autorité des marchés financiers (Québec), the British Columbia Securities…
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Wilmington Trust, a provider of corporate and institutional services including custody and collateral solutions for a wide variety of financial institutions, insurance companies, health care organizations, educational institutions, and publicly traded entities in the United States, has engaged AcadiaSoft to launch a new “Margin Management” service for clients. Wilmington Trust’s Margin Management is designed to…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Goldbrigde Fund Management. 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 tactics…
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CNBC, the business and financial news network, today unveiled plans for a Middle East Headquarters in the heart of Abu Dhabi, the Capital of the United Arab Emirates. The network will begin broadcasting from a new studio at Abu Dhabi Global Market (ADGM), the international financial centre of Abu Dhabi, in the first quarter of…
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R.J. O’Brien & Associates (RJO), the oldest independent futures brokerage and clearing firm in the United States, today announced that veteran institutional brokers Barry Marnane and Neil Tesi have joined its London-based affiliate, R.J. O’Brien Limited (RJO Limited). Operating as a team for 16 years, Marnane and Tesi specialize in global macro fixed income futures…
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After initially launching cryptocurrency trading in October, Limassol based Retail FX brokerage group RoboForex has announced that it is increasing the leverage clients can use in trading Bitcoin, Ethereum, et al to 10x. When first launched, RoboForex was offering between 1:1 and 1:5 leverage on cryptos. RoboForex is making the move despite the recent hyper-volatility…
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