Cyprus regulator CySEC has yesterday announced that it has decided to impose a total fine of €10.000 to the company Solid Financial Services Limited. The company did not ensure that the details regarding derivative contracts concluded were reported to a trade repository. Solid Financial Services Limited has also provided a false statement regarding its reporting…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for January 14, 2020. This is not a trading advice. See details below: FOREX The yuan climbed to its highest level against the dollar since July, hitting 6.8657 during the latter part of Monday’s session. The Chinese currency is drawing strength from…
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TriOptima, the multilateral compression provider that lowers costs and mitigates risk in OTC markets, has announced that counterparties using the triReduce CLS FX compression service have eliminated $9.1 trillion of gross notional value from their FX forward portfolios in 2019. This new record equates to an annual increase of 71%. LeapRate reminds that the company…
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The Luxembourg Stock Exchange (LuxSE) has earlier this week signed a Memorandum of Understanding (MoU) with Chongwa (Macao) Financial Asset Exchange Co., Ltd. (MOX) in Macau. MOX is Macau’s only exchange, established in 2018. The cooperation will mostly focus on promoting cross-border investment and liquidity for offshore RMB-denominated financial products. Robert Scharfe, CEO of LuxSE,…
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TradeStation Group, Inc., a Monex Group company, has announced that it has launched an online investment education media service named YouCanTrade. The latest service has been designed to to help traders, active investors and anyone who wants to learn more about the financial markets. YouCanTrade is owned and hosted exclusively by TradeStation Group's new subsidiary, You Can Trade,…
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The infamous failed ICO of Telegram has sparked controversy in the cryptocurrency industry and how the SEC is involved in regulating the sector. As LeapRate recently reported, after the SEC rejected the GRAM crypto and demanded to see how the raised funds were used by the company, Telegram actually hesitated to give such information to…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for January 13, 2020. Real estate firm Savills delivered a positive year-end update this morning, noting a boost from the election result had helped its business in the UK in particular. The group, which counts the UK and…
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While Japan may be one of the most progressive cryptocurrency countries in the world, recognising digital currencies as official method of payment, the Japanese Financial Services Agency (FSA) is now taking steps to put imminent trading limits on cryptocurrency exchanges in the country. The leverage is to be maxed at twice the deposits of traders.…
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Mosaic Smart Data, the real-time capital markets data analytics company, has announced today that it has appointed Mike Thorpe as its new Head of Sales. Mosaic Smart Data has also recently updated its MSX platform to provide analytics for trading venues and buy-side firms as well as expanding the number of asset classes on the…
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The following article was submitted by Michael Stark, market analyst at Exness. The focus of data in forex markets this week is GDP growth in Germany and China. Some of the other key releases include American inflation tomorrow afternoon GMT and rate decisions in Turkey and South Africa on Thursday. The dollar has been weaker in general…
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