fca warning
March 27, 2020 BY Steffy Bogdanova

ISA Finder UK, My Investment Market and others added to FCA warning list

ISA Finder UK Website: www.isafinderuk.com/ My Investment Market Website: www.myinvestmentmarket.com/lander/?msclkid=18af8c0a86dd1b4c9e0fd26d205c2820 Phillip Capital UK (clone of FCA authorised firm) Website: http://www.phillipcapitaluk.cn Avenir Epargne (clone of FCA authorised firm) Address: 12 place de La Défense, 92974 Paris Telephone: +33 9 71 08 18 08, +44 203 828 71 89 Email: [email protected] Website: http://www.avenir-epargne.com Be aware that the…

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INTL FCStone’s Carsten Hils discusses the impact the current crisis has on FX markets
March 27, 2020 BY Valentina Kirilova

INTL FCStone’s Carsten Hils discusses the impact the current crisis has on FX markets

LR: Hi Carsten, can you let us know more about INTL FCStone’s Global Payments Network and why it is important to those in the FX sector? Carsten: The Global Payments Network (GPN) is a comprehensive intelligence portal that leverages INTL FCStone’s Global Payments Division’s relationships with global correspondent banks, regulators and other market participants around…

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ASIC office
March 27, 2020 BY Steffy Bogdanova

The Australian Federal Court finds directors of Storm Financial in breach of duties

The company collapsed in early 2009 and around 3,000 of its 14,000 clients were in negative equity positions, sustaining significant losses. The majority of investors in Strom Financial were retired or approaching and planning their retirement. They had limited income, few assets and little chance of rebuilding their financial position after the failed investments. ASIC…

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Daily Market analysis
March 27, 2020 BY Valentina Kirilova

Daily market commentary: Gold finds some stability

EUROPEAN SHARES  Friday saw most European benchmarks consolidate following a solid three day rally. The market sentiment remains alive today, thanks to the global support measures taken in almost every region. However, investors around the world may be tempted to take some profits before the weekend. The spread of the virus doesn’t seem to be…

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Coinbase crypto exchange expands custodial services in Asia market
March 27, 2020 BY Steffy Bogdanova

Coinbase wallet allows for interest earning via DeFi apps

DeFi apps are “smart contracts” or programs running on the Ethereum blockchain. They allow users to deposit their crypto in the contract and it loans it to borrowers with interest. The contracts manage the interest based on the supply and demand. Collateral from the borrowers backs the DeFi loan. Read More: Paying your train ticket…

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Forex Weekly Look Back
March 27, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: Governments and regulators take measures to counter the corona-crisis

The Securities and Exchange Commission announced yesterday a temporary flexibility for registered funds affected by the recent volatile market situation to borrow funds from certain affiliates and to enter into certain other lending arrangements. The relief is interceded to provide funds with additional tools to manage their portfolios so that all shareholders as investors may…

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March 27, 2020 BY Steffy Bogdanova

Revolut introduces its neobank in the US

Tens of thousands of customers in the US have signed up to the waiting list and now they will have access to the platform’s core features. Like challenger banks Chime and N26, opening an account with Revolut is done through the phone. After installing the app, you send personal details and official documents and you…

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SquaredFinancial launches selected cryptocurrencies offer
March 26, 2020 BY Steffy Bogdanova

Trading firms show growing demand for digital assets

However, Acuti found a growing demand from traditional trading firms to enter the market or expand their coverage to trade more cryptocurrencies. Traditional trading firms that had decided not to trade in digital assets, 97% will consider it again in the next two years or less and 45% are planning to do it in six…

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