Global commodities broker Marex Spectron has just announced that it has acquired the company Marquee Oil Broking Limited, a specialist provider of physical fuel oil broking services. The acquisition includes the founder Adam Trehane, who set up the business in 2014, one director and two senior brokers. Marex Spectron energy has a share across multiple…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for December 24, 2019. This is not a trading advice. See details below: FOREX The Pound’s losing streak continues, for the 8th consecutive session, as the market’s post-election hopes turn into apprehension. Many investors supported Sterling in the immediate aftermath of the…
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The following market analysis was prepared for LeapRate by Ramy Abouzaid, ATFX (AE) Head of Market Research. Faced with a historical impeachment, Trump tweeted “I’m not worried!” Democrats: “We did not choose this impeachment”, Republicans answer “oh come on”. On Wednesday the 18th of December - a Democratic-led US House of Representatives impeached US President Donald…
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The Australian Securities & Investments Commission (ASIC) has announced that the Federal Court in Sydney has issues asset restraint orders against Corporate Authorised Representatives of OTC derivatives provider USGFX, or Union Standard International Group Pty Ltd. ASIC has sought to issue the restraint orders in order to protect customers while an investigation against USGFX is underway. The Federal…
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FINRA has recently fined Robinhood with a $1.25 million for execution lapse processes. The California-based unicorn that offers commission-free trading servings to its clients has reportedly violated certain execution processes. What FINRA found out is that the execution price on the app was not updated in the proper way, an act that caused price disruptions…
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Fnality and Finteum have announced last week that they have joined forces to deliver interoperability between the Finteum application, built on R3’s Corda platform, and Fnality’s Utility Settlement Coin (USC) solution, based on Ethereum. LeapRate reminds that Corda Network facilitates full interoperability between applications and businesses on Corda. This allows data used on one application to be shared…
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The UK Financial Conduct Authority (FCA) has put out details of several unregulated firms. The names of the latest additions to the regulator’s warning list are Star Finance and Ouroneclub. According to the regulator, the fraudsters are using or giving out the following details as part of their tactics to scam people in the UK:…
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The following article was submitted by Michael Stark, market analyst at Exness. This is a fairly slow week in economic data as expected with Christmas on Wednesday. So far this week we’ve had Thai balance of trade and Polish unemployment for November, neither of which produced much surprise. The main events are this afternoon, with the USA…
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Luxembourg Stock Exchange (LuxSE) has announced last week that it has appointed Julie Becker as Deputy CEO. Frank Wagener, Chairman of the Board of Directors of LuxSE, commented on the news: Julie Becker has brought a clear vision, new perspectives and drive to the exchange. Her contribution to the Luxembourg Stock Exchange over the past…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for December 23, 2019. This is not a trading advice. See details below: FOREX At a time of subdued market activity due to the holiday season, the euro is finding support on the back of good news on the international trading front.…
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