Offshore retail forex broker CIBfx has announced a Brand Ambassador partnership with legendary footballer Ian Rush, OBE. Ian Rush is Liverpool FC’s all time leading goal scorer, having scored a total of 346 goals in all competitions during his two spells at the club. At international level he made 73 appearances for the Wales national team and…
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LeapRate Exclusive... LeapRate has learned that former ADS Securities and Saxo Bank executive Valery Bartashevich has joined Malta based FX and multi asset prime broker Exante. Based in London, Mr. Bartashevich will have a senior business development role with Exante, covering mainly South Europe, Latin America, the UK, the MENA region, as well as South East Asia.…
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Giga Watt Token Launch announced today that they’ve sold over 14.4 million tokens in their crowdsale, enough to build an additional eight mining buildings. Along with the construction of eight new mining buildings, one of the three already-functioning mining centers will undergo expansions and renovations. The Washington state-based Giga Watt facility allows anyone to participate…
Read morePayments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has announced that it recently completed a £4.05 million (USD $5.2 million) share buyback. On July 10, it purchased for treasury 1,500,000 ordinary shares at a price of 270 pence per share. SafeCharge has not announced a formal share buyback program, so it remains to…
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Duco, the global provider of self-service data normalization and reconciliation services, today announced the official launch of Duco Cube Insight, a real-time analysis module for reconciliations that enables firms to cut down root cause investigation time around operational issues. The module was made available to Duco clients in the first quarter of 2017. Since then…
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Deutsche Börse Group announced that has entered into a strategic cooperation with Trumid, a financial technology company that provides an electronic trading network for corporate bonds. The Group will invest US$10 million for a minority stake as an add-on to Trumid’s previously disclosed US$28 million financing from earlier this year. Trumid will use the new…
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Australia financial regulator ASIC has issued a consultation paper, asking for feedback on new proposed rules requiring brokers to reconcile and report all retail client money held on a daily, monthly, and yearly basis. Some background... As we reported back in March, Australia’s parliament recently passed the Treasury Laws Amendment (Measures No 1) Bill 2016, known more…
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Continuing what has been a fairly strong June in the Retail FX space, forex broker FXCM Group LLC has announced that its trading volumes rose by 5% during June, to $223 billion. On a daily average basis, volumes were up 9% in June. The rise in volumes at FXCM, and its continued membership in the…
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The U.S. Commodity Futures Trading Commission (CFTC) has launched True Fraud Stories, a video series about how cunning fraudsters have lured smart investors into fraudulent investment schemes that resulted in the loss of thousands of dollars of their savings. These real-life victims tell their stories hoping others will become educated about financial fraud and avoid…
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The European Securities and Markets Authority (ESMA) announced that has added 2 new Q&A to its Questions and Answers (Q&A) document on the implementation of investor protection topics under the Market in Financial Instruments Directive and Regulation (MiFID II/ MiFIR). The new Q&A cover the topics of recording of telephone conversations and electronic communications, and…
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