UK online trading leader IG Group Holdings plc (LON:IGG) just shared its opinion on the impact of new requirements from the AMF, a supervisor of IG's activities, on the advertising of its products in France. Following the passing of the Sapin 2 law at the end of 2016, the general rulebook of the AMF has now been…
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FXecosystem, a leading provider of institutional and retail FX outsourced connectivity services, today announced further expansion in Asia, with a point of presence (POP) in the Hong Kong HK1 data center of Equinix Inc (NASDAQ:EQIX). FXecosystem's expansion is meant to accommodate current retail and institutional client requirements in the region and follows the recent opening of the…
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Forex Industry News in the first week of 2017 contained a microcosm of much of the hot topics from 2016 - IPO, binary options regulation, arrests, new licenses, trade disclosure and transparency... And just like in 2016, you read about it first or exclusively at LeapRate. An initial look at December FX trading volumes showed…
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The European Securities and Markets Authority (ESMA) has published an extract from its confidential database of enforcement decisions on financial statements. The extract includes a selection of 14 decisions that were taken by national enforcers in the period from March 2014 to June 2016. ESMA is publishing extracts from its confidential database of enforcement decisions…
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Oil prices edged higher on Friday as output cuts by OPEC members met with lingering concern that other producers could try to shirk their share of planned decreases aimed at curbing global oversupply, as reported by Reuters earlier today. Brent crude futures LCOc1 were trading at $57.20 per barrel at 1229 GMT (7:29 a.m. ET),…
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Forex social trading network and copy trade company FX Junction announced today for users a new account security feature with 2-Way Authentication by incorporating the Google Authenticator. The company recommends all members to activate this feature and particularly members with Live linked accounts - to prevent any unauthorized access. The principle is simple: If you…
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The Autorité des marchés financiers (AMF) is warning the public about proposals to invest in diamonds. Seemingly highly attractive, and often presented as a safe investment, these proposals make glowing promises of exceptional and even unrealistic returns. The AMF is calling on individual investors to exercise the greatest vigilance. The AMF is observing a strong…
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The global clearing house LCH announced today that its SwapClear service cleared record volumes of interest rate derivatives in 2016, processing over $665 trillion in notional over the course of the year, representing an annual increase of 25%. Both members and their clients increased their flows through LCH, with the buy side clearing a record…
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The Securities and Futures Commission (SFC) has reprimanded and fined Mr Chang Chyi, an employee of Core Pacific – Yamaichi International (HK) Limited (Core Pacific), $50,000 for breach of the SFC’s Code of Conduct. The SFC’s investigation into suspected uncovered short selling of the shares of China Agri-Products Exchange Limited (China Agri-Products) found that Chang…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Gain Capital Ltd, using the identity of Gain Capital Holdings Inc (NYSE:GCAP). Fraudsters are using or giving out the following details as part of their tactics to scam people in the UK: Gain Capital Ltd (clone of FCA authorised firm) Address:…
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