August 31, 2017 BY Valentina Kirilova

Swissquote partners with EPFL to launch AI sentiment tool for trading around German elections

On 24 September, Germany will elect the lower house of its federal parliament (Bundestag). Prior to the election, financial markets will be particularly volatile, in reaction to winner/loser projections and other surveys of voter opinion. Thanks to a new artificial-intelligence (AI) tool from Swiss online banking and brokerage leader Swissquote Group Holding SA (SWX:SQN), investors…

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August 31, 2017 BY Valentina Kirilova

paysafecard launches in Brazil

The free, safe and convenient payment option is now available to 122 million Brazilian internet users in the highly dynamic eGaming Community paysafecard, an online prepaid payment methods company and part of Paysafe Group plc (LON:PAYS), announced that enters Brazil, offering a free of charge online prepaid payment solution for over 122 million internet users…

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US oil index is prime
August 31, 2017 BY Valentina Kirilova

AusTex Oil writes down oil and gas assets

ASIC has noted the decision by AusTex Oil Limited (AusTex) to make a US$6.17 million impairment charge against oil and gas assets in its financial report for the half-year ended 30 June 2017. ASIC had raised concerns about the value of oil and gas assets in the AusTex financial report for the half year ended…

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fca warning
August 31, 2017 BY Valentina Kirilova

FCA warns against Savoy Asset Management firm

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Savoy Asset Management. Savoy Asset Management is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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August 31, 2017 BY Valentina Kirilova

Funding trading accounts via credit cards

The following article was written by Brandon Russell, CEO of Etana Custody. Today traders find an overwhelming variety of Account funding options offered by forex brokers. The deposit options proposed by the broker depend on their clients personal preferences, location etc., with the most popular ones being Credit Card deposits, Bank wire transfer or by…

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Regulation
August 31, 2017 BY Valentina Kirilova

ASIC reports on how investors decide to invest in IPOs

Based on recent research, ASIC reported that prospectuses are important for investors in considering an investment in an IPO but there is scope for improvement in the usability and credibility of these documents. ASIC announced that aims to support confidence in the capital markets by proactively regulating IPOs. To ensure that ASIC is regulating IPOs…

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August 30, 2017 BY Valentina Kirilova

Bats Europe approved as an APA under MiFID II

Bats Europe, a CBOE Holdings, Inc. (NASDAQ:CBOE), company has today announced it received approval from the UK’s Financial Conduct Authority (FCA) on 24 August 2017 to operate its trade reporting facility as an Approved Publication Arrangement (APA) under MiFID II, with effect from 3 January 2018. The TDM, which is one of Bats’ BXTR suite…

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August 30, 2017 BY Valentina Kirilova

SGX announces change to Listings Advisory Committee

After reporting FY2017 net profit of S$339.7 million (S$349.0 million) several days ago, the Singapore Exchange (SGX) announced that Mr Lim Chin Hu will cease to be a member of its Listings Advisory Committee (LAC) with effect from 20 September 2017. Mr Lim will be standing for election to be appointed as a non-executive and…

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