The Australian Securities and Investments Commission (ASIC) warned its Registry customers to be vigilant of scam emails purporting to be from ASIC. Some customers have received emails containing attachments or links to fake invoices. Fake emails may look different to ASIC emails and generally instruct the recipient to click a link to make a payment…
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China's forex regulator is telling banks to keep its instructions about curbing capital outflows secret and to ensure that research analysts keep any negative views about the yuan's prospects to themselves, several bankers said, according to Reuters. Both demands are seen as an attempt by the authorities to prevent alarm that could trigger further declines…
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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 Savage Finance Limited. Savage Finance 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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LeapRate Exclusive... LeapRate has learned via regulatory filings made in Poland that Warsaw-based X Trade Brokers Dom Maklerski SA (WSE:XTB), which operates the XTB.com retail forex brokerage as well as the X Open Hub platform business has made changes to its management and board. We expect the company to make a formal announcement shortly. Out is…
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ChartIQ, a provider of professional grade HTML5 stock and forex charts for capital markets, today announced invites to the beta launch of their brand new WebTrader for MT4. The company stated the platform has a new completely customized interface, easy-to-use applications and full of all the technical analysis traders need. Other Features - Lightweight plugin for…
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LeapRate Exclusive... we have learned today that UK-based FX brokerage technology provider itexsys has officially launched itexFX, a Global Currency Transfer service right in the heart of London. Simon Blackledge, Director of itexFX stated: Our main priority is to provide a secure, transparent and competitive foreign exchange service for corporate and personal clients. Many of our existing…
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For several years, the AMF has focused its attention on exposing the danger posed to retail investors by highly speculative products such as forex and binary options trading. In addition to calls for public awareness campaigns, the regulator introduced and now commends the measure included in the “Sapin II” law to ban electronic advertising for…
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Last time we heard of the administrative services provider Mutual Trust Limited was when the Board of the Cyprus Securities and Exchange Commission (CySEC) extended the suspension of the company's ASP license once more. Now, almost a half year later, CySEC informed that has decided to impose a total administrative fine of €15.000 on the ASP Mutual…
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GAIN Capital Holdings, Inc. (NYSE: GCAP) just reported its operating metrics for the month of December 2016 and they don't look so good. Retail Segment Metrics OTC average daily volume of $8.6 billion, a decrease of 26.4% from November 2016 and 33.4% from December 2015. OTC trading volume of $189.1 billion, a decrease of 26.4% from…
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Moscow Exchange (MOEX) just announced that in 2016 its total trading volume grew by 24% YoY to RUB 850.4 trln. In December 2016, total trading volumes increased by 18.5% YoY to RUB 89.5 trln. Money Market added 51.1%, Bond Market increased by 132.9% and Equity Market was up by 25.6%. Equity and Bond Market Total trading…
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