The Administrative Appeals Tribunal (AAT) announced that has affirmed ASIC’s decision to permanently ban Mr Rommel Panganiban from providing financial services. ASIC banned Mr Rommel Panganiban, of Bella Vista, New South Wales, from providing financial services after an ASIC surveillance found that he failed to act in his clients' best interests or have a reasonable…
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NEX Group PLC (LON:NXG) announced that its Swap Execution Facility (SEF), NEX SEF Limited, went live on 3 July 2017. NEX SEF received approval from the Commodity Futures Trading Commission (CFTC) in April 2017 and is also authorised and regulated with the Financial Conduct Authority (FCA). Registration with the CFTC and the FCA will allow…
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B2Broker just announced the launch of cryptocurrency liquidity, a new service for MetaTrader 5 brokers. This service provides institutional clients a convenient method for trading Bitcoin, Ethereum and four other popular digital assets. The cryptocurrency liquidity service features two major benefits for MetaTrader 5 brokers: Brokers will be able to stand out in a crowd…
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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 Panda Payday Loans. Panda Payday Loans is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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Thomson Reuters (NYSE:TRI) announced the launch of Thomson Reuters Labs™ – The Incubator. Located in Switzerland, the Incubator will host early-stage entrepreneurs building next-generation products in big data, advanced analytics, distributed ledgers, artificial intelligence, machine learning and other transformational technologies. As part of the official program, startups will receive access to Thomson Reuters data and…
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ASIC has warned the public not to use a website which promotes financial investments offered by 'Skyllex', a company incorporated in Australia. ASIC is concerned that Skyllex’s website https://skyllex.com contains false, misleading or deceptive statements in relation to financial services. The website states that 'Our activity is totally legal and regulated by the Australian Securities…
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Munich, Germany based Devexperts GmbH, which developes retail and institutional trading platforms and provides cloud based financial data infrastructures, has announced that it has joined with Velox Pro, experts in market depth visualization, to launch Bookmap for Devexperts. Bookmap is a visualization tool based on real-time Nasdaq TotalView and Nasdaq Last Sale data that gives…
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LeapRate Exclusive… LeapRate has learned from sources in Israel that online gaming and casino company 888 Holdings Public Limited Company (LON:888) is in process of laying off several dozen employees in the country. 888's moves come shortly after we exclusively reported that UK based William Hill plc (LON:WMH) will be shutting its operation in Israel,…
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Five of world's leading financial institutions have committed to using Droit Financial Technologies as their choice for MiFID II trade compliance. The decision by BNP Paribas, Crédit Agricole CIB, Goldman Sachs, Lloyds and UBS represents a watershed in the industry search for a strategic solution in the run-up to the implementation of the new European…
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According to the Autorité des marchés financiers (AMF), the validity and reliability of the investment services offered by www.chs-capital.com appears to be uncertain. Following several reports of French investors about www.chs-capital.com, the AMF issues a public warning concerning this website that pretend to offer various investments particularly in startup companies, real estate investment companies (SCPI),…
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