As the end of the year gets closer so does the deadline for obtaining a Russian Forex dealer license or exit the Russian Forex market. However, the Bank of Russia, the Megaregulator responsible for the oversight of the Forex industry, seems to be warming up to postponing the licensing deadline. Bank of Russia's Deputy Governor…
Read moreFinancial innovation firm R3 has announced the team that will be in charge of designing and developing distributed ledger technology for the financial industry in partnership with its member banks. The team will be led by Richard Gendal Brown, who previously spent 15 years at IBM and is widely regarded as one of the leading…
Read moreMyfxbook, an expert in market analytics and social trading, on Wednesday released a new version of its mobile app for iOS gadgets – the first update to the solution for several months. The latest version of the app (1.200) offers the following improvements: New Portfolio Section; Bug Fixes; Interface improvements; Support for iOS 9.0. The…
Read moreA lot has been going on the mergers and acquisitions front lately, with the freshest news in this respect provided from Ozforex Group Ltd (ASX:OFX), an international provider of online payment services. OzForex has just confirmed that it has received a takeover approach from the Western Union Company (NYSE:WU). Under the preliminary, non-binding, indicative conditional…
Read moreLeapRate Exclusive Interview... When MahiFX first came on the scene a few years back it was clear that the company had something different in mind than just being your typical MT4 Forex broker. And now, as an ASIC regulated broker, one visit to the MahiFX website confirms that there is something quite unique about the…
Read moreThe following is a guest post courtesy of Andrew Moody, Content and PR Executive at Sense PR. [divide] It may sound like an unlikely transition to some, but in the wake of much stricter gambling legislation, Playtech PLC, the world's largest online gaming software supplier has made the strategic decision to move into the Foreign Exchange market. Founded…
Read moreFrance's financial markets regulator AMF has earlier today published an update regarding unauthorized binary options firms targeting French investors. The “Black List” of such companies featured more than 200 names when the previous update was provided in September 2015. Today's announcement adds 11 new names to the list. The new sites that have recently been…
Read moreShareholders in binary platform provider and operator TechFinancials Inc (LON:TECH) have voted in favor of proposals regarding the financing of the new binary options joint venture whose establishment was agreed with Hong Kong-registered Optionfortune Trade Limited in October this year. At a General Meeting held earlier today all resolutions put to shareholders were duly passed. This means…
Read moreIntegral Development Corp., today announced several new executive appointments in its New York, London and Tokyo operations. Soren Haagensen will join in Integral's team in New York as Managing Director, BankFX, Americas. In London, Alan Scott will become Managing Director, Enterprise Solutions. Takashi Ozeki is now Regional Sales Director, Japan, where he serves the region…
Read moreLadbrokes PLC (LON:LAD), a gaming and betting provider, today had to defend the rationale for the proposed merger with the Coral Group, following stark criticism from one of Ladbrokes' shareholders - Dermot Desmond. Mr Desmond has published an open letter slamming the proposed deal and simply calling it “bad”. His arguments include what has already become…
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