On 11 May 2017, AlfaStrakhovanie was admitted to trading on Moscow Exchange (MOEX)'s FX Market and executed its first FX trades. AlfaStrakhovanie is the first insurance company to gain direct access to on-exchange foreign currency trading. Igor Marich, Managing Director of the FX and Money Markets at Moscow Exchange, said: It is a current global…
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The People's Bank of China (PBC) and the Hong Kong Monetary Authority (HKMA) today jointly announced plans to establish a mutual market access scheme to connect the Mainland China and Hong Kong bond markets (Bond Connect). Through the bridging of related Mainland and Hong Kong financial infrastructure institutions, investors in one market will be able…
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Abu Dhabi Securities Exchange (ADX) announced that has granted SHUAA Capital International Ltd. (a subsidiary of SHUAA Capital) a license to serve as Market Maker on the Exchange. The number of registered Market Makers on ADX has now reached three, including National Bank of Abu Dhabi and Al-Ramz Capital. The announcement came during an event…
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The following article was written by Lawrence Richardson II, CEO and Co-Founder of ZeroSum Markets. Almost every Forex broker out there offers you the opportunity to paper trade an account. I’m telling you not to. Even if you start small and trade with real money, losing all of it, it will save you more in the…
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The Securities and Exchange Commission (SEC) announced that Robert B. Stebbins has been named General Counsel of the agency. The General Counsel is the chief legal officer of the agency, providing a variety of legal services to the Commission and staff. Bob is an exceptional attorney and counselor, and I know his depth of knowledge…
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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 VRS Law Firm. VRS Law Firm is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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Binary options platform provider SpotOption just announced their latest platform version, Spot5, which they will reveal at the upcoming IFX EXPO in Cyprus, May 23-25. Spot5 focuses on complying with regulation in terms of trading products, as well as offering brokers and traders automated tools for running business activity, as well as trading. Henceforth, SpotOption…
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BrokerTec, a NEX Group (LON:NXG) business which provides electronic trading technology and services for the fixed income market, and MTS, a fixed income electronic trading venue that is part of London Stock Exchange Group, announced today that they are further expanding the RepoFunds Rate (RFR) indices by adding Dutch and Belgian repo indices. The RFR…
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ChartIQ, a leader in HTML5 for capital markets, has announced the launch of its latest product. Finsemble is the first HTML5 desktop application framework, providing modern user experience (UX) APIs, drop-in components, and the ability to integrate legacy .NET, and Java alongside HTML5. Clients can use Finsemble to deliver proprietary content and data, along with…
Read moreThe Asian session saw equities climb to a fresh-two year high early on Tuesday on the back of an overnight rise in Wall Street fueled by reports that President Trump had disclosed classified information with the Russian Foreign Minister without necessary authorization from the source. This re-fueled the continued underlying uncertainties and reinforced doubts surrounding…
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