ASIC has issued an application for contempt charges arising out of proceedings commenced against Allianz Metro Pty Ltd and other entities concerning the operation of binary trading websites. On 1 May 2016, ASIC commenced Federal Court proceedings against various entities including Eustace Senese; his son, Cameron Senese; and associated companies Allianz Metro Pty Ltd, Transcomm…
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Data from UK online financial trading firm IG Group Holdings plc (LON:IGG) and its political trading market indicate an expected Conservative majority government - although a smaller majority than was expected earlier in the campaign. IG clients have seen their expectations of a landslide Conservative win ebb, along with Theresa May’s lead in the polls.…
Read morePublished on 07.06.2017 20:09 The gold price is taking a breather today after making a run for the $1,300 level on the back of US dollar strength as traders await tomorrow’s elections in the UK which depending on the outcome, could see the precious metal move significantly higher. The election is expected to be very…
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CBOE Holdings, Inc. (NASDAQ: CBOE) today announced that C2 Options Exchange, one of the firm's derivatives markets, is planned to migrate to Bats technology on May 14, 2018. Beginning in November, C2 trading permit holders may begin basic connectivity testing, and in December, begin certification. Throughout the first quarter of 2018 and into the second…
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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 Hamilton-Scott Holdings Limited. Hamilton-Scott Holdings Limited is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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Retail forex broker FXCM Inc announced that has enhanced FXCM Plus, a client-only portal with free FXCM proprietary trading data and support tools. FXCM Plus now offers Trading Analytics 4. New features include: Tool Tips (Account Statistics) Daily Returns (Percentage Returns) Updated Analysis Text With FXCM Plus, clients can utilize free trading signals, technical analyzers,…
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INTL FCStone Inc. (NASDAQ: INTL) today announced that its London-based subsidiary, INTL FCStone Ltd's Global Payments Division (GPD) has joined the SWIFT global payments innovation (gpi) initiative. SWIFT gpi is a partnership of more than 110 global banks, which bring together their expertise in an effort to solve those issues currently impacting global payments, and…
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The European Central Bank’s (ECB) rate decision and press conference is scheduled at 12:45 and 13:30 BST respectively on Thursday, June 8th. Earlier today, Bloomberg unexpectedly reported that the ECB will cut its inflation forecast at tomorrow’s meeting due to falling energy prices. The annual inflation forecasts announced in March foresaw rates of 1.7%, 1.6%…
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AFEX, a non-bank providers of global payment and risk management solutions, has appointed Wayne Mitchell as General Manager EMEA. Mitchell’s appointment comes as AFEX extends its product set and local presence across Europe to support its growing client base of businesses and individuals. At the end of 2015, AFEX launched AFEX Offshore, its service for…
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The European Securities and Markets Authority (ESMA) has sent today its response to the European Commission consultation paper on “Fintech: a more competitive and innovative financial sector”, welcoming the initiative to take a stock-take of the EU’s Fintech industry. ESMA sees Fintech as a positive evolution overall as long as business models aim at improving…
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