The following article was written by Reem Aboul Hosn, Research and Market Analyst Officer at CFI Markets Ltd. Catalan is one of the wealthiest regions of Spain, accounting for 19%, or €209 billion, of Spain’s GDP that totals to €1 trillion, profiting from sectors of tourism, exports, manufacturing, and industry. Catalonia would nail back 8%…
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Copenhagen based multi asset broker Saxo Bank has announced that it now offers clients access to trade the Ethereum Exchange Traded Notes (ETNs) issued by XBT Provider AB which were listed on Nasdaq OMX Stockholm stock exchange earlier this week. As previously announced, Saxo Bank also offers clients access to two Bitcoin Tracker ETNs also…
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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). Pound traders are torn between two major opposite forces. In one hand, the Brexit shenanigans and the deterioration of the atmosphere among the Tories continues weighing on the sentiment in the pound markets. On…
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SIX Swiss Exchange has announced that it has selected UnaVista, the approved reporting mechanism for MiFID and MiFID II from the London Stock Exchange Group Plc (LON:LSE), as its partner for transaction reporting for remote participants. SIX Swiss Exchange will partner with LSEG to establish a link to their UnaVista service to facilitate transaction reporting for…
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Abu Dhabi based global international financial services firm ADS Securities LLC has announced the promotion of Matt Chow to the role of Head of Business Development for its APAC region. Matt Chow joined ADS Securities in 2012 as an SVP in the Institutional Sales team before being made Head of Business Development for Greater China.…
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The Securities and Exchange Commission (SEC) announced that it has charged two lawyers it alleges helped facilitate a microcap fraud scheme involving undisclosed “blank check” companies secretly bound for reverse mergers. In complaints filed in the U.S. District Court for the Southern District of Florida, the SEC alleges that James M. Schneider of Hillsboro Beach,…
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LeapRate Exclusive... The integration of Tickmill and Vipro Markets continues. LeapRate has learned that Retail FX and CFDs broker Tickmill has promoted Philippos Psyllos to Group CTO. The Cyprus based Mr. Psyllos had joined CySEC regulated Vipro Markets earlier this year as its CTO, as was also exclusively reported by LeapRate. Vipro Markets was acquired by…
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The following article was written by Luis Aureliano, a business writer and financial analyst. With over 15 years of experience in global finance and an MBA in economics and management, Luis’s areas of expertise include business, marketing, communications, personal finance, macro economics, stocks and emerging markets. The forex market is the largest market in the…
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After much criticism from Jamie Dimon and China banning domestic exchanges from trading cryptocurrencies, Bitcoin hit all-time highs when it surged to $5,386.23, as reported by Forbes and Coindesk. After going down with almost 40% to $3,000 in August, the "people's currency" is back with a vengeance. The new highs in Bitcoin price represent around…
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OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, announced that Continental Stock Transfer & Trust has joined OTC Markets' Transfer Agent Verified Shares Program. OTC Markets Group launched the Transfer Agent Verified Shares Program initiative with the goal of providing investors current and reliable share data on…
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