This article was written by Luis Aureliano, a business writer and financial analyst. With over 15 years of experience in global finance and an MBA in economics and management, Luis’s areas of expertise include business, marketing, communications, personal finance, macro economics, stocks and emerging markets. On election day, markets were going crazy. As soon as…
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Thomson ONE Wealth Management clients will have access to technical analysis research and workflow tools that address multiple asset classes and instrument types Business information giant Thomson Reuters Corp (NYSE:TRI) has signed an agreement with Dorsey, Wright & Associates (DWA), a Nasdaq Company, to offer investment research and portfolio management solutions to Thomson ONE Wealth…
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Partnership to build digital gold product on blockchain to be available in 2017 The global export mint, The Royal Mint, and derivatives marketplace CME Group have announced a collaboration to transform the way that market participants can trade gold. The Royal Mint has partnered with CME Group to build and launch a digitised gold offering…
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Intercontinental Exchange (NYSE:ICE) has just announced the appointment of Lee Yi Shyan as Chairman of ICE Futures Singapore (IFSG) and ICE Clear Singapore (ICSG) effective as of November 24 2016. Mr. Lee is a Member of Parliament in Singapore and previously served in the Singapore government over a ten year period as a Senior Minister of…
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Russia passed a Forex Law last year, requiring any broker soliciting or engaging in trading with retail clients to receive a license as of January 1 of this year. Most of the brokers serving the Russian market have applied for the license, but to date (including now Alpari) only six licenses have been handed out by…
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The Financial Conduct Authority (FCA) has today announced that it is seeking evidence and feedback to further inform its work on high-cost credit, including a review of the payday loan price cap. Since taking over regulation of consumer credit in April 2014, the FCA has focused on products that it believes pose the highest risks…
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ASIC has suspended the Australian Financial Services (AFS) licence of Sydney-based Group Underwriters & Managers Pty Ltd (GUM) for three months for failing to lodge financial statements, auditor reports and auditor opinions for a period of three years. This is in breach of both GUM's legal obligations and licence conditions. ASIC Deputy Chair Peter Kell…
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LeapRate Exclusive... LeapRate has learned from regulatory filings that binary options brokerage group EZTD Inc (OTCMKTS:EZTD), has received an $11 million investment commitment from alternative investment firm Yorkville Advisors Global, LLC. EZTD operates binary options brands EZTrader (at website eztrader.com), Global Option (globaloption.com) and EZinvest (ezinvest.com). EZTD has sustained large losses this year totaling more than $11 million…
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Leading non-bank Prime Services brokerage Invast Global and leading non-bank market maker XTX Markets have announced a partnership whereby Invast Global clients will now be able to access XTX Markets’ liquidity via the Invast Global multi-asset prime services facility, PurePrime. The PurePrime-XTX Markets partnership illustrates the rapidly growing stature of non-bank participants in the financial markets, as the banks continue…
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Global broker Saxo Bank just announced they will use Fix8Pro as part of a new high performance market connectivity engine. Fix8 Market Tech, founded in 2013 also offers Fix8 – a free, open-source framework that developers can use to build FIX applications using any FIX version, utilizing built-in testing and performance-enhancing features. Saxo Bank Chief…
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