LCH, the global clearing house, announced today that Michael Davie has been appointed Global Head of Rates for LCH Group, effective immediately. Davie will report to Daniel Maguire, Group COO of LCH and Martin Pluves, CEO LCH Ltd. Michael Davie’s appointment follows Daniel Maguire’s recent appointment as Group COO in addition to his role as…
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Payfone, mobile identity authentication for digital channels company, announced that has signed an agreement with Early Warning Services to provide mobile authentication technologies for Zelle. Payfone risk assessment solutions will help streamline consumer enrollment and transaction authentication processes, enabling more consumers to take advantage of the speed and simplicity of person-to-person (P2P) payments. Payfone’s solutions…
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Broadridge Financial Solutions, Inc. (NYSE:BR) announced an agreement with Spence Johnson, a provider of global institutional data and intelligence, to bring together retail and institutional data, benchmarking and analytics. This strategic alliance leverages Broadridge’s Global Market Intelligence, the platform for retail cross-border fund data and analytics that delivers detailed information on 80,000 retail mutual funds…
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The Financial Conduct Authority (FCA) also drew the industry’s attention to the announcement by the Spanish Comisión Nacional del Mercado de Valores (CNMV) today which restricts transactions under Article 20 (2) (a) and (b) of Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March 2012. This applies to transactions…
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Financial innovation firm R3 announced that has partnered with ACORD (Association for Cooperative Operations Research and Development) to launch a Centre of Excellence for distributed ledger technology (DLT) in the global insurance industry. R3 counts a number of major insurance companies amongst its member base, including MetLife, AIA and Suncorp Group, as well as other…
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FCA regulated Forex and CFD broker Plus500 Ltd (LON:PLUS) has indicated in regulatory filings that it acquired 120,000 of its own shares in open market transactions last week, as the beginning moves of a planned $10 million share buyback. In total, Plus500 spent £657,159 (USD $839,000) in Week 1 of the buyback, spreading the purchases…
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The European Securities and Markets Authority (ESMA) announced that has issued an official opinion agreeing to an emergency short selling prohibition, for a period of one month, by the Comisión Nacional del Mercado de Valores (CNMV) on net short positions in Liberbank, S.A. (Liberbank) shares under the Short Selling Regulation. The measure is expected to…
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A lot about Bitcoin (and other leading digital currencies) seems different than "real" fiat currencies. No cash or coin. No government issuer. Traded mainly by "retail" traders. Well add to that list weekend trading interest. For the third weekend in a row, Bitcoin price volatility and trading volumes have peaked during the weekend, at a…
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Before we get to our review of this past week's top Forex Industry News stories, we'd once again like to thank our readers for helping LeapRate extend our lead over our competitors, as the most-read Forex Industry news website. With May data now out at leading website visitor tracking services, we're once again pleased to…
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Is Google's proposed ad block / filter feature, to be added to Chrome in 2018, something for Forex brokers and other online advertisers to be concerned about? Bart Burggraaf, Managing Partner at MediaGroup Worldwide, discusses. Recently, Google got a lot of attention for announcing their plan to include an ad blocker within Chrome. Advertisers can…
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