The Securities and Futures Commission (SFC) has prohibited Ms Bernie Wong Ching Man, a former employee of Citibank (Hong Kong) Limited, from re-entering the industry for four months from 19 May 2017 to 18 September 2017 for forging a client’s signature. The SFC found that in July 2015, Wong forged a customer’s signature on a…
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Spotware Systems announced today delivery of cTrader version 2.01 for Windows. The new build has been delivered to all cTrader brokers and the update will automatically initiate next time the platform is launched by any user. For cTrader Web users, the new version is available immediately from any popular browser. The cTrader Windows update includes…
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Last week USD had its biggest weekly fall since the US presidential election, caused by Trump’s Russia leak scandal. This week markets’ risk-off sentiment has been slightly eased. On May 18th USD/JPY hit a low of 110.22, last seen on April 25th. Notably, the downtrend has held above the significant support line at 110.00. Bulls…
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Multi-asset trading technology provider SpotOption has announced the launch of their latest product, called Digital Contracts. Following suit in terms of marketability and simplicity to the CFD product, Digital Contracts provide a transparent and fresh new way to trade on assets with real-time prices such as stocks, commodities, currencies, and indices. Digital Contracts are extremely…
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Spanish regulator CNMV just warned that the binary options brokers and websites: https://www.toroption.com/es/; DGX SYSTEM LTD, operating at www.optioncm.com; and 53 CAPITAL TRADE LIMITED, operating at www.53capitaltrade.com and www.53option.com are not licensed or registered and, therefore, are not authorized to provide investment services. The companies are not authorised to provide the investment services detailed in…
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FX liquidity and connectivity technology solutions provider PrimeXM and MT5 developer MetaQuotes have announced the release of PrimeXM's MT5 integration gateway to their XCore system. This execution and aggregation technology supports low-latency connectivity to over 120 leading providers of Forex and CFD liquidity, and is a very popular solution among institutional clients. Now, brokers can use…
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The following article was written by Adinah Brown, content manager at Leverate. Imagine a world without a CRM. It’s a scary thought, like going back to outdoor plumbing. Clearly much of the work a company does would not be possible without it. And whilst there are critical features that we all need in order to…
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Spanish regulator CNMV just warned that the company Arc Global Trader, S.L. is not authorised to provide the investment services detailed in Article 140 of the Securities Markets Law, which include investment advice, or to provide the auxiliary services detailed in letters a), b), d), f) and g) of Article 141 of the said Law…
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Five years ago, the first nine Central Securities Depositories (CSDs) signed the agreement with the Eurosystem to set up the pan-European settlement platform TARGET2-Securities (T2S). T2S set out to reduce settlement cost in Europe, increase cross-border activity, move settlement to a common platform and thereby address some of the Giovannini barriers, identified as major obstacles…
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The Hong Kong Securities and Futures Commission (SFC) announced that has suspended Mr Hui Lam Chiu, a former responsible officer of Guoyuan Securities Brokerage (Hong Kong) Limited (Guoyuan), for six months from 19 May 2017 to 18 November 2017. The disciplinary action follows the SFC’s sanction against Guoyuan over its breach of the anti-money laundering…
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