Online gaming and financial trading giant Playtech PLC (LON:PTEC) has made the first purchases of its own shares in the open market, following its announcement earlier this week that the company will buy back up to €50 million (USD $54 million) of its own shares in the coming weeks through to December 31, 2016. Playtech bought…
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The Securities and Futures Commission (SFC) today published its Quarterly Report summarising key developments from July to September 2016. Highlights of the quarter include the August joint announcement by the SFC and the China Securities Regulatory Commission of the in-principle approval for Shenzhen-Hong Kong Stock Connect, and the launch of a consultation on enhancements to…
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Fullerton Markets today announced the launch of PipBox, a digital tool for its growing army of affiliates. The Passive Income Platform (P.I.P.) PipBox searches the web for the most interesting and engaging content for its affiliates to simply copy and paste on the various social sites like Facebook, LinkedIn and Twitter. PipBox has also successfully…
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Regulated binary option broker anyoption has announced that it has entered into an agreement with GBG, a global leader in identity data intelligence. The agreement provides KYC automation, following the new regulations coming out from ESMA as part of MiFID and being implemented by various national EU regulators such as CySEC, which licenses anyoption's parent company Ouroboros…
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The International Financial Services Commission of Belize (IFSC) has notified that an entity calling itself Global Trade Markets Ltd. is fraudulently claiming to hold a trading in financial and commodity-based derivative instruments and other securities licence issued by the IFSC. IFSC confirmed that Global Trade Markets Ltd. is not licensed by the International Financial Services…
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LeapRate Exclusive… LeapRate has learned that Ireland-based FX central clearing provider FXCH, which uses Blockchain to settle FX trades, is trying to raise €8.5 million (USD $9.1 million), at a pre-money valuation of €20 million. FXCH is planning to raise the first €1 million via an Equity Crowdfunding campaign on Seedrs.com. The €8.5 million is…
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Belize financial regulator IFSC (International Financial Services Commission) has issued a warning regarding cryptocurrency exchange Alcurex Ltd., operating from website https://alcurex.com/#LTC-BTC. According to the IFSC, Alcurex Ltd. is an International Business Company with its registered office address at 24.5 Old Northern Highway, Boston Village, Belize District, Belize, C.A. Alcurex is purporting to be an online cryptocurrency exchange…
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Bloomberg announced the release of its executable streaming for non-deliverable forwards (NDFs) on FXGO, its global Forex trading platform. Standard Chartered PLC (LON: STAN) with one of the most extensive FX offerings across the globe, will be the first liquidity provider to participate. This will allow the bank to contribute executable pricing across a wide…
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The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Societe Generale SA (EPA: GLE) for failing to properly report certain non-deliverable forward transactions to a swap data repository (SDR), and failing to timely report to an SDR a large number of FX swap, FX forward, and non-deliverable forward…
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San Francisco-headquartered OANDA, the popular globally regulated multi-asset broker, today made note of the Financial Conduct Authority’s (FCA) consultation paper published yesterday, December 6, 2016, and states that it supports any changes that improve the long-term trading experience for clients. Yesterday, The UK’s Financial Conduct Authority (FCA) issued directives proposing stricter rules for firms selling…
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