FCA regulated social trading and fintech technology provider Ayondo announced that has expanded its product portfolio with the launch of Bitcoin trading, allowing its clients easy access to the price movement of Bitcoin without the need to open up an e-wallet to purchase bitcoin in the internet. Bitcoin is a type of digital currency in…
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Abu Dhabi Securities Exchange (ADX) has distributed around 22.1 billion Dirhams of cash dividend to investors during the first half of 2016 on behalf of its listed companies. ADX Chief Executive, Rashed Al Blooshi, said that: the distributed cash dividends were sent via direct bank transfers to the accounts of investors whom have updated their…
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The exit of regulated Binary Options brokers from Cyprus continues. The Cyprus Securities and Exchange Commission (CySEC) announced that, on 28th April 2017, the CIF Leadtrade Ltd, which provided investment services via the domains www.leadtradeltd.com, www.topoption.com, www.excellenceoption.com, www.prestigeoption.com, www.platiniumoption.com, www.optionsclick.com, renounced its authorisation, pursuant to section 24(1)(b) of the Investment Services and Activities and Regulated…
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Singapore-based Hedge Fund becomes early adopter of ULLINK’s new portfolio and performance management tool ULLINK, a global provider of electronic trading and connectivity solutions to the financial community, announced the successful go-live of Village Capital with ULLINK’s new post-trade solution, XTRAIN. The solution extends Village Capital’s use of ULLINK’s buy-side Execution Management System (EMS), XILIX,…
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The Australia Competition and Consumer Commission (ACCC) just warned people to stay alert to ‘phishing’ scammers pretending to be from well-known businesses and government departments trying to con unsuspecting victims out of their personal information and money. So far in 2017, the ACCC’s Scamwatch has received more than 11,000 reports of this scam, with nearly…
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John Griffith-Jones, Chairman of UK financial regulator the Financial Conduct Authority (FCA) as well as of the spun-out payment systems regulator the Payment Systems Regulator (PSR), has announced that he will leave both organisations at the end of his term of office, on March 31, 2018. No replacement for Mr. Griffith-Jones has yet been named. HM Treasury…
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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 website MRTmarkets.com. Italy regulator CONSOB, New Zealand’s FMA, French AMF, and CySEC have already warned against this website. MRTmarkets.com is not authorised by the FCA but has…
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It was very much a week of new beginnings in Forex Industry News, with the key stories appearing exclusively at LeapRate: Betfred into getting the Retail FX business by launching TradeFred, FxPro launching spread betting, and Saxo Bank expanding its Australia footprint in a deal with leading online equities broker OpenMarkets. See below for more…
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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 Aequitas Financial LLP. Aequitas Financial LLP is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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The following article was written by Brandon Russell, CEO of Etana Custody. In the modern globalized world money launderers and other criminal elements have come up with plenty of resourceful ways to cover their tracks. It is a common practice among such groups to use the everyday activities of legitimate entities such as banks, credit…
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