February 29, 2016 BY Maria Nikolova

Hong Kong's SFC imposes HK$4 million fine on Yuanta Securities over inaccurate price disclosure

Hong Kong's Securities and Futures Commission (SFC) today announces that it has reprimanded and imposed a fine of HK$4 million (US$ 514,330) on Yuanta Securities (Hong Kong) Company Limited, a wholly owned subsidiary of Yuanta Financial Holdings Co Ltd (TPE:2885). The regulatory decision stems from findings that Yuanta Securities has failed to disclose the actual…

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February 29, 2016 BY Maria Nikolova

SuperBet integrates SafeCharge's Personalised Cashier payments solution

Payments technologies provider SafeCharge International Group Ltd (LON:SCH) today announces that its Personalised Cashier payments solution was chosen by SuperBet, one of the leading sports betting companies in Romania. The announcement comes several days after SafeCharge announced that the solution was also chosen by online betting giant Paddy Power Betfair. SafeCharge’s Personalised Cashier, which is…

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February 29, 2016 BY Maria Nikolova

TechFinancials opens Hong Kong office to grow B2B services in APAC

Binary platform provider and operator TechFinancials Inc (LON:TECH) is expanding further into the Asia Pacific market. The company today announced that it has opened a new sales office in Hong Kong to promote the its B2B services and provide client support services in the region. This announcement comes shortly after TechFinancials announced the completion of…

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February 29, 2016 BY Maria Nikolova

Bank of Russia softens stance on crypto currency tech

It is a rare occurrence that the Bank of Russia publishes a press release on Sunday. But yesterday it did and the press release concerned financial market innovation and blockchain, in particular. The “Megaregulator” press release was published just a couple of days after it became clear that a bill penalizing Bitcoin use is drafted by…

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February 27, 2016 BY Mike Fox

IFC Markets adds Skrill payment system

IFC Markets, a British Virgin Islands regulated international Forex and CFD broker - part of the IFCM Group has just announced they are glad to inform clients that automatic deposit and withdrawal through Skrill has become available for the company. Deposit and withdrawal through Skrill is realized in your trader back office. To note, automatic deposit though Skrill is…

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February 26, 2016 BY Maria Nikolova

BGC Partners enters into new unsecured credit agreement to fuel growth

BGC Partners, Inc. (NASDAQ:BGCP), an international brokerage company servicing the financial and real estate markets, today announces that it has sealed a committed unsecured credit agreement with a group of lenders. The agreement provides for maximum revolving loans of $150 million, with the option to increase the aggregate loans to $200 million. On February 25,…

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