The UK Financial Conduct Authority (FCA) has put out details of the cloned firm RTC finance /Icon markets /First World Consultants Limited. 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…
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Match-Trade Technologies, headquartered in Irvine, California, is pleased to announce the launch of MT5 suite of products and services for retail brokers. Match-Trade has added this multi-asset trading platform (FX, CFDs and Stocks) to its growing portfolio of products, which includes a high demand cryptocurrency related products. Match-Trade has decided to add the MT5 trading…
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TMX Group Limited (TSX:X) and the Shenzhen Stock Exchange (SZSE) have announced the execution of a non-binding Memorandum of Understanding (MoU) pursuant to which TMX Group and SZSE agree to explore opportunities for economic cooperation with a specific focus on the technology and innovation sectors, areas that are experiencing rapid growth in both Canada and…
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Bitcoin has become a global phenomenon, presenting opportunities and threats along the way all around the world. Regulators, CEOs, central banks and cryptocurrency startups are on the lookout for the next big news on bitcoin. Australia is the next "player" to impose bitcoin regulation, following a scandal with its biggest bank - Commonwealth Bank of…
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The changes at Saxo Bank have begun. In the first major move made at the Copenhagen based multi asset broker since China's Geely Group became the controlling shareholder in Saxo Bank earlier this month (pending regulatory approval), LeapRate has learned that Saxo has agreed to the departure of longtime UK office head Matteo Cassina. Aside from acting…
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The Financial Industry Regulatory Authority (FINRA) announced today that it has ordered Wells Fargo Clearing Services, LLC and Wells Fargo Advisors Financial Network, LLC to pay more than $3.4 million in restitution to affected customers for unsuitable recommendations of volatility-linked exchange-traded products (ETPs) and related supervisory failures. FINRA found that between July 1, 2010, and…
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LeapRate Exclusive... LeapRate has learned that Australia based Retail FX broker AxiTrader has hired Mario Soto as Country Head Philippines. Mr. Soto will continue to be based in Sydney. Mario Soto has been in the FX sector since 2010. He was previously Head of Sales Asia Pacific at Easy Forex (now easyMarkets). He has also worked…
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The Securities and Exchange Commission (SEC) announced that a whistleblower has earned an award of more than $1 million for providing the SEC with new information and substantial corroborating documentation of a securities law violation by a registered entity that impacted retail customers. Today’s award reflects the impact that whistleblower information can have in uncovering…
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The following article was written by Chris Svorcik and Nenad Kerkez, of trading analysis/systems provider Elite CurrenSea. Dear Traders, Do you ever ask yourself what is the best method for analyzing charts? Some trading experts emphasize very simple charts whereas others show complex charts with tons of indicators. In fact, the best approach is based…
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Torstone Technology, a provider of post-trade securities and derivatives processing, today announced that Peel Hunt, an independent corporate broking, advisory and trading house focusing on mid & small-cap companies, is expanding its use of Inferno for its US business, Peel Hunt Inc. In signing a multi-year deal to use Inferno, Peel Hunt now has more…
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