Forex trading platform developer MetaQuotes just announced that has upgraded the MetaTrader 5 for iOS build 1605 and has simplified the request to open a real account in MT5 iOS. The new MetaTrader 5 for iOS build 1605 provides the possibility to easily open preliminary brokerage accounts. When opening a new account: Select "Open a…
Read more
The Financial Conduct Authority (FCA) today provided an update on its regulatory sandbox and unveiled the list of firms that were successful in their applications to begin testing in the second cohort of the sandbox. The regulatory sandbox allows businesses to test innovative products, services, business models and delivery mechanisms in a live environment while…
Read more
Singapore Diamond Investment Exchange (SDiX), the commodity exchange in physically settled diamonds, today announced that it has successfully partnered with Kynetix, the physical commodity digitisation expert, and Everledger, supplier of blockchain and distributed ledger infrastructure, to complete the first part of a Proof-Of-Concept of a blockchain-based authentication and secure record-keeping service for trading diamonds on…
Read more
The UK Financial Conduct Authority (FCA) has put out details of the cloned firm London Private Finance Ltd. 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…
Read more
Copenhagen based multi-asset broker Saxo Bank has released a fairly interesting document called Enhanced Disclosures, which provides insight into Broker Incentive, Broker stability, Client Leverage and Performance. Saxo Bank released the document as part of the company signing up formally to the FX Global Code of Conduct. Some of the interesting insights from Saxo Bank's disclosure document…
Read more
ASIC announced that has disqualified former director Mr Colin Geoffrey Oxlade, of Adelaide, from managing companies for four years. Mr Oxlade's disqualification follows the appointment of liquidators to two companies he managed: Vanilla Management & Investment Group Pty Ltd (ACN 140 550 787) Africa Uranium Ltd (ACN 123 144 347) ASIC also found that: Mr…
Read more
The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). The Federal Reserve (Fed) raised the interest rates by 25 basis points as widely priced in by the US and the global markets. The FOMC hinted at another rate hike before the end of…
Read more
Global fintech firm QUOINE announced that has launched a fully digital cryptocurrency exchange and trading platform called QRYPTOS, exclusively for cryptocurrency trading in beta version. QUOINE is equipped with asset protection and secure trading across all its platforms. All operational processes on QRYPTOS are fully compliant with global Know Your Customer (KYC) and Anti-Money Laundering…
Read more
Payments technology provider SafeCharge (LON:SCH) just announced that it is partnering with Tencent Holdings, the provider of internet value added services in China, to add WeChat Pay, the booming payment service of the Chinese messaging giant and China’s most popular social media on its global payments platform. With more than 600 million monthly active user…
Read more
UBS Securities Australia Limited has paid penalties totalling $280,000 to comply with two infringement notices given to it by the Markets Disciplinary Panel (the MDP), ASIC announced earlier today. The first infringement notice ($140,000) relates to the operation, use and monitoring of a crossing system known as UBS Price Improvement Network (UBS PIN). The second…
Read more