Morgan Stanley’s forex trading department has run afoul of its forex control procedures. Although the global bank has failed to publicly acknowledge the problem, inside sources have spread the work that four FX traders have been suspended until further notice, due to their concerted effort to conceal anywhere from $100 to $140 million in forex…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for December 2, 2019. This is not a trading advice. See details below: FOREX The Euro is gaining 0.10% to the Yen, as the markets opened this Monday in a clear risk-on mood. The Single currency has been something of a canary…
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After President Xi’s recent call for everyone in his country to embrace blockchain technology, one would think that China might have been biding its time regarding any commitments to the innovative decentralized ledger system. Nothing could be further from the truth. The government’s attitude may seem to have become “Blockchain, not Bitcoin”, but the private…
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Online gaming and financial trading giant Playtech PLC (LON:PTEC) has released a trading update last Friday, warning its full-year earnings will not meet analysts’ expectations. The company added that it may try to sell its underperforming spread-betting unit. According to Playtech’s latest update, the company is reviewing options for its Casual and Social Gaming business including a…
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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 OMC Markets, First Allied Advisory Services, Codrington UK, Airborn Investments, FXFinest, Investor Shield, and Trade 100 FM. According to the regulator, the fraudsters are using or giving out the…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for November 29, 2019. The text below is an excerpt and does not contain the full analysis. US stock markets were closed on Thursday for the Thanksgiving holiday, and the session on Friday will end early, at 13:00…
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Paysafe’s digital wallet, Skrill, has announced earlier this week that its clients can now use bitcoin to buy other cryptocurrencies using the Skrill Cryptocurrency Service, enabling quicker and more efficient cryptocurrency transactions. Skrill's customers will no longer have to convert their interests in one cryptocurrency back into fiat currencies before purchasing an interest in a new…
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For veterans of the payment industry, it is beginning to be “Déjà vu” all over again. In the early days of Visa and Mastercard, back in the seventies, there were ongoing payment wars between the two U.S.-based card associations and banks in Europe, which preferred their home-grown services, dubbed EuroCheque and Europay at the time,…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for November 29, 2019. This is not a trading advice. See details below: EUROPEAN SHARES European shares are extending Thursday’s decline, alongside US Futures, in this last trading session of the month. We are seeing thinner volumes than usual on stocks as…
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When there are delays, there will always be speculation as to the consequences after a final decision is made. Such is the case with Brexit negotiations, which have gone on longer than anyone initially contemplated. There have been all manners of guesses as to what might happen to the Pound, to the labor market, and…
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