NEX Group plc (LON:NXG), a financial technology company at the centre of global markets, announces markets volumes for the month of October 2017. The company released steady volumes report, except for Spot FX. The Spot FX's average daily volume was down 17% MoM to US$80.6 billion. US Treasury average daily volume was reported with no…
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LeapRate Exclusive... LeapRate has learned that VC-backed Investoo Group, which has grown to become one of the largest affiliates to FX and cryptocurrency brokers, has secured a £7.5 million (USD $10 million) credit line, allowing it to pursue further acquisitions and diversify its business. We expect the company to make a formal announcement shortly. Investoo…
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The Monetary Authority of Singapore (MAS) announced that it has successfully obtained higher civil penalties against Mr Wang Boon Heng (Wang) and Ms Foo Jee Chin (Foo) for contravening section 201(b) of the Securities and Futures Act (SFA), which prohibits any conduct that operates as a fraud or deception in connection with the subscription, purchase…
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The Securities and Exchange Commission (SEC) announced that David Glockner, Director of the Chicago Regional Office, is planning to leave the agency later this month. Since late 2013, Mr. Glockner has led a staff of approximately 270 enforcement attorneys, accountants, investigators, and compliance examiners involved in the investigation and prosecution of enforcement actions and the…
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ASIC regulated Retail FX broker IC Markets has announced that it has added a range of Bond CFDs to its growing multi-asset offering. The addition of these fixed income products comes at a time when interest rates are normalising across the world’s major economies following years of record lows, providing IC Markets clients with new…
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Cboe Global Markets, Inc. (NASDAQ: CBOE) announced that it has welcomed a new Aptus fund to the Cboe ETF Marketplace. The Aptus Fortified Value ETF (Cboe: FTVA) seeks to track the performance, before fees and expenses, of the Aptus Fortified Value Index (“Index”). The Index is a rules-based, equal-weighted index that is designed to gain…
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Online gaming and financial trading systems provider Playtech PLC (LON:PTEC) has issued a Trading Update on its second half 2017 results, ahead of an event for investors and analysts being held in Riga, Latvia on November 14, 2017. (Playtech did state that no new material information will be disclosed at the event). Playtech stated that Tradetech…
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A petroleum engineer who worked at Texas-based energy company Apache Corporation has agreed to settle the U.S. Securities and Exchange Commission (SEC) charges that he conducted insider trading ahead of a market-moving announcement about the company’s discovery of a significant new oil source. The SEC alleges that Christopher J. Lollar traded on nonpublic information while…
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Nasdaq Inc. (Nasdaq:NDAQ) and the Bermuda Stock Exchange (BSX) have signed a new agreement with Nasdaq continuing to deliver its trading technology via the Nasdaq Financial Framework. The platform has been instrumental in solidifying Bermuda’s status as a premier off-shore securities market for attracting international as well as domestic capital, and allowing for asset scalability…
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Continuing a pattern we have seen from other leading institutional FX venues, multibank FX aggregation service FXSpotStream has announced that October trading volumes were down versus the previous month, although still fairly strong when compared with the rest of 2017 to date. Average daily FX volumes in October were $19.9 billion, versus a record September…
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