Flow Traders, a global technology-enabled liquidity provider specializing in exchange traded products (ETPs), and MarketFactory, a FX technology platform, announced today a partnership that will enable investors to trade FX directly with Flow Traders on FX trading venues across the globe. Flow Traders has a long history of trading FX as part of its hedging…
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The Board of Directors of Hong Kong Exchanges and Clearing Limited (HKEX) announced that it has today approved the appointment of Julien Kasparian as a member of the Clearing Consultative Panel to fill the vacancy arising from Stephanie Marelle’s resignation. HKEX thanked Ms Marelle for her dedicated service to the panel. The Clearing Consultative Panel…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Bokan Capital. 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 to…
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Timed to coincide with their launch of MT5 bridging support, financial technology supplier Star Hat Solutions today announced their suite of integrated, multi-server products, including: A Multi-server bridge using Star Hat Solutions’ ECN technology to provide liquidity to multiple MT4 and MT5 servers. A FIX API onto Star Hat Solutions’ ECN technology and allowing trades…
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The following article was written by Yuhan Mo, Account Manager at Advanced Markets and Fortex Inc. From social media strategy to content creation, what are the steps to take to reach the 1.4 billion-people Chinese market? Penguin Intelligence, a research agency subsidy of Tencent, recently reported that as of Q4 2016, there were 889 million…
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ASIC just informed that it has banned Sergio Nicolo Belardo, a Perth-based former financial adviser with BBY Ltd (BBY), from providing financial services for ten years. Mr Belardo was an Authorised Representative of BBY from September 2013 to May 2015 and in that role provided advice and dealing services to BBY retail clients in relation…
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The following article was written by Quinn Perrott, General Manager of regulatory and compliance solutions provider TRAction Fintech. What is Commodity Position Reporting? With the implementation of MiFID II on 3rd January 2018, limits will apply to the net position a person can hold in commodity derivative contracts. These limits will be set by the…
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Neptune Networks Ltd, the Fixed Income network for real-time “axe” indications, today announced that it has embedded Symphony chat functionality within the Neptune proprietary application. The Neptune network provides a venue for investors to consume the highest quality bond axes/inventory data from their most trusted Bank counterparts. This enables institutional investors to be more effective…
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The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). Oil prices advanced to the highest levels since mid-2015. The supply tightening from OPEC (Organization of the Petroleum Exporting Countries) and a few non-OPEC producers and an improved demand outlook pushed the price of…
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The Financial Conduct Authority (FCA) has today launched a market study to assess how competition is working in the wholesale insurance broker sector. The FCA wants to ensure that the sector is working well, and fosters innovation and competition in the interests of its diverse range of clients. The London insurance market is one of…
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