Kraken Digital Asset Exchange announced that the price of bitcoin and the total market cap for digital assets are each shattering previous records. Bitcoin was over $1500 yesterday, while the digital assets total market cap was nearing the $40,000,000,000 mark. These numbers represent new all-time highs for an industry that is becoming increasingly popular among…
Read moreThe British pound has come under pressure late in the European trading session today as the market awaits the latest interest rate decision from the US Federal Reserve. At 4.06pm (GMT) the British currency was trading at $1.29000 against its US counterpart, down from $1.2937 in yesterday’s trading. The Sterling strengthened earlier in the day…
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Belize financial regulator International Financial Services Commission (IFSC) has announced that TCM Investments Ltd., with registered office at Suite 508, Marina Towers, Newtown Barracks, Belize City, Belize, Belize, C.A. is no longer licensed in the country. TCM Investments operates the OptionRally binary options brand at website optionrally.com outside of the EU. OptionRally is operated by a different regulated entity…
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Continuing the string of weak volume reports for the month of April 2017 from some of the leading institutional eFX trading venues, NEX Group PLC (LON:NXG) has reported that its EBS unit saw volumes drop by 12% MoM, coming in at $76.1 billion ADV. That marks EBS's slowest month for trading since August 2016. Overall,…
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BackgroundShares in Danish insulin producer Novo Nordisk are up 7% today as the company's first-quarter results beat revenue and net income estimates and it lifted the lower end of its previous full-year guidance. The big question is whether this is a signal to get on the bandwagon of Novo Nordisk. While the result was definitely…
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FCA regulated Retail Forex and CFDs broker and official online FX partner of AC Milan FC GKFX has launched an improved spread bet offering for UK traders, focusing on providing competitive fixed spreads on a wide range of asset classes. The change came as a result of continued focus on product development, with the new…
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NEX Group plc (LON:NXG), a financial technology company at the centre of the global markets, announced today that its EBS BrokerTec business which provides electronic trading technology and services to the foreign exchange (FX) and fixed income markets, will be renamed NEX Markets. The business is being renamed to further align with NEX. The new…
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AMP Futures has officially announced the launch of the MetaTrader 5 platform for trading futures AMP Futures is a US regulated Chicago-based Futures Commission Merchant (FCM) providing access to the global electronic futures markets for individual traders, as well as US and foreign Introducing Brokerages from 150+ countries around the world. AMP Futures offers over…
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LeapRate Exclusive... LeapRate has learned via regulatory filings in the UK that Andrew Bud has resigned from the board of directors of Monecor (London) Limited, parent company of FCA-regulated Retail Forex and CFDs broker ETX Capital. Andrew Bud is founder and CEO of iProov, a London-based startup in the field of facial recognition and user…
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Intercontinental Exchange (NYSE: ICE), the global network of exchanges and clearing houses and provider of global data and listing services, today reported financial results for the first quarter of 2017. For the quarter ended March 31, 2017: consolidated net income attributable to ICE was $502 million on $1.2 billion of consolidated revenues less transaction-based expenses.…
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