The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Cedar Call. 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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The Securities and Exchange Commission (SEC) has announced that Robert Evans III has been named Chief of the Office of International Corporate Finance in the agency’s Division of Corporation Finance. The office spearheads the division’s outreach to non-U.S. issuers that access the U.S. capital markets. Mr. Evans recently joined the Division of Corporation Finance after…
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Copenhagen based online brokerage provider Saxo Bank has reported steady but mixed overall trading volumes for September 2017, with FX trading up but Commodities and Equities somewhat weaker than in August. Overall, total multi-asset trading volumes at Saxo Bank were down 2% MoM in September, $342.6 billion versus $348.4 billion in August. We'd note that monthly volumes…
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Your Weekly Trading Review by UFX.com – Sunday, October 8th, 2017 Here are some of the major financial events of the past week and how they affected the global financial markets: EUR/USD rose by 0.16%, closing the week at $1.1730. The GBP/USD fell by -0.15%, closing the week at a £1.3066 exchange rate. The Dow ended the…
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It was quite the week in Forex Industry News at LeapRate. Forex broker results, new shareholder in a major FX broker, and a serious order latency issue at Deutsche Boerse unit Eurex unveiled only at LeapRate. Which Retail FX broker saw most of its independent directors resign, while posting a loss? Which FCA regulated FX…
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Geneva based Retail FX broker Dukascopy has announced that due to the probability of high volatility, periods of low liquidity and risk of price gaps that may appear in FX markets in connection with the situation in Catalonia, Dukascopy is temporarily decreasing the maximum exposure limit to 15 million EUR on currency pairs that contain…
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The following article was written by Jens Chrzanowski, Member of the Management Board of Admiral Markets Group AS. Hello, A couple of weeks ago, I wrote about "vola" still being your friend, and if you agree to this statement being an active trader, join me in having a closer look at how to manage it.…
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With cryptocurrencies becoming more popular and maturing in the investment world in thousands of portfolios, industries and innovations, all of them at some point must go through an upgrade. For Ethereum, this upgrade will happen on October 17th, and what is known as "hard fork" will come to life. For many investors, the difference between…
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Just as blockchain is currently disrupting numerous industries, it is time for airline companies to be the next in line. Air France KLM is one of the first aircrafts to be employing blockchain technology in order to keep its top-notch position among customers. The whole maintenance of an aircraft company is usually complicated and blockchain…
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In the remarks made to Fintech firms in Cambridge today, Andrew Hauser, Executive Director for Banking, Payments and Financial Resilience, reflected on the work of the Bank of England’s FinTech Accelerator since its launch in June 2016. Hauser also announced the firms the Accelerator would be working with in the latest cohort of proofs of…
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