The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). Japanese Prime Minister Shinzo Abe announced a snap general election on October 22nd. He is seeking to consolidate his power in order to take further action to boost the economic recovery and inflation in…
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NEX Markets, a NEX Group (LON:NXG) business which provides electronic trading technology services in the fixed income and foreign exchange (FX) markets, announced today that it has launched NEX Quant Analytics, a FX market comprehensive community-based analytics tool for clients trading on the EBS platform. Individual banks and trading houses may use similar analytics internally,…
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SEB, the Nordic financial services group, and Nasdaq, Inc. (Nasdaq:NDAQ) have announced a joint project to test a developed prototype for a mutual fund trading platform based on blockchain technology. The aim is to increase efficiency in the processing of purchases and sales of fund units and to create a unit ledger – an area…
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Consolidation continues in the Retail Forex market, with the latest contestants in the merger game being FCA regulated Tickmill acquiring CySEC licensed Vipro Markets. The acquisition was effected by Tickmill injecting $2.2 million of new capital into Cyprus-based Vipro Markets Ltd, in return for a majority stake in the company. We understand that operating conditions…
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Trading in Prime Standard scheduled to begin on 13 October / Support in share placement from DirectPlace The share subscription for Voltabox AG's IPO was launched today on the Frankfurt Stock Exchange. It is expected to continue until 10 October. The company plans to list in the Prime Standard with its first day of trading…
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CBOE Holdings, Inc. (NASDAQ: CBOE) just announced it has launched the CBOE S&P 500 Dividend Aristocrats Target Income Index (SPAI), a benchmark index designed to track the hypothetical performance of a partial buy-write strategy applied to stocks contained in the widely utilized S&P 500 Dividend Aristocrats Index, to target a specific level of total income.…
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CFD broker Plus500 Ltd (LON:PLUS) issued its customary end-of-quarter Trading Update today, indicating that both Revenues and Profits are on track to be ahead of expectations. Plus500 did not give any specific numbers or targets. Plus500 reported a "monster" quarter in Q2, as the company has grown to become the #2 UK CFD broker behind only…
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The U.S. Commodity Futures Trading Commission (CFTC) announced that has adopted final rules delegating authority to CFTC staff, under the agency’s system safeguards rules, to notify each designated contract market (DCM) annually of whether it is a “covered DCM” as that term is defined in CFTC Regulation 38.1051(h)(1). This annual notice will also inform each…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Pascal Grande Capital Partners. 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…
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The following article was written by Raymond Craig. Raymond is a keen follower of tech legislation and is copywriter for a number of financial technology (FinTech) companies focusing on the new age of banking. When unplugged Raymond writes about the non-techy world of surfing. Despite the growth in cyber-attacks IT spending budgets are not growing…
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