The foreign exchange market is unique in one respect in that it is unlike any regulated national exchange, where transparency is apparent for all transactions. The forex market, on the other hand, has always been a broad based over-the-counter (OTC) networked system that relies upon credit relationships. As such, it is often difficult to get…
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Securities Clearing Corporation of the Philippines (SCCP), a wholly-owned subsidiary of The Philippine Stock Exchange, Inc. (PSE), has just announced that it has selected LSEG Technology’s Millennium Post Trade solution to improve its post trade processes. LSEG Technology will now be able to implement Millennium Clearing and Millennium Risk products, enhancing SCCP’s clearing, settlement, risk…
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The following article was prepared for LeapRate by the ATFX analysts team. Markets are awaiting the release of the monthly change in the US retail sales, which is one of the most important periodic economic reports in the United States, It is also considered a reliable measure of inflationary pressures, Although the retail sales data…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for December 11, 2019. We have a general election here in the UK tomorrow. Yesterday, the incumbent Conservatives received a boost when Lord Sugar, the host of The Apprentice in the UK (a role President Trump himself carried…
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The Board of UK online trading leader IG Group Holdings plc (LON:IGG) has just announced that it has appointed Robert Michael (Mike) McTighe as Chairman of the Board. Jonathan Moulds will continue to serve as interim Chairman until 3 February 2020 when Mike McTighe's appointment takes effect. Mike McTighe is the Chairman of Openreach Limited,…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for December 11, 2019. This is not a trading advice. See details below: FOREX/BREXIT The Pound is down by 0.7% from the 8-month high of $1.3214 reached on Tuesday. This price action follows the publication of the most recent poll, which shows…
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New Zealand Financial Markets Authority (FMA) has recently added another name to its list of unregulated firms. The latest additions are the companies Orion Holdings Capital Management and OH Capital. The regulator recommends exercising caution before dealing with Orion Holdings Capital Management (OHCM), OH Capital and their websites www.ohcmgmt.com, and https://ohcapital.com/. The business address in…
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Microsoft is expanding its Azure Cloud service offering by adding new features to its blockchain support platform, specifically new tokenization and blockchain data management services. The new token tool is designed to “simplify the definition, creation and management of compliant tokens built to industry standards”. The new blockchain data management features will simplify “the cumbersome…
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Commentators may no longer be able to accuse the Financial Conduct Authority (FCA), the UK’s regulatory watchdog, of taking too light an approach on fraud and financial related crimes. The regulatory agency has thus far in 2019 meted out £391.8 million in fines and penalties, its highest level in over four years. According to Jonathan…
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In the world of cryptocurrencies, fraud is a known phenomenon. After the crypto community saw several high-profile scams, the latest one is staggering by its volume - $722 million. According to press, 3 men were charged with a $722 million cryptocurrency scam that was essentially categorized as a high-tech Ponzi scheme. This is what U.S.…
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