The United Nations continues to investigate and reveal its findings that allege that North Korea has been the instigator behind significant fraud activity in the cryptocurrency world. There had been several reports from cyber security firms that also pointed to North Korea as the culprit in several cyber compromises of crypto exchanges over the past…
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The UK Financial Conduct Authority (FCA) has put out details of another clone firm this week. The latest addition to the regulator’s warning list is Aproch Bank. Fraudsters are using or giving out the following details as part of their tactics to scam people in the UK: Aproch Bank (clone of FCA firm) Address: 8008…
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The global provider of online trading services GAIN Capital Holdings, Inc. (NYSE: GCAP) has announced its operating metrics for the month of October 2019. OTC Trading Volume for the retail segment was up 13.5% MoM last month to USD171.9b, however dropped 25.6% YoY. OTC Average Daily Volume for the retail segment rose 4.2% MoM, yet…
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Itiviti, a technology and service provider to financial institutions, has announced that SMBC Nikko Securities Inc., one of Japan’s largest brokerages, has implemented Itiviti’s high capacity low-latency market connectivity solutions for trading the Japan Stock Exchange (JPX) and regional exchanges. SMBC Nikko Securities has now centralized its in-house automated trading (algo) system and proprietary trading…
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The Monetary Authority of Singapore (MAS) has partnered with JPMorgan to create a blockchain-based prototype for multi-currency payments. The information came from an official release from MAS, where Singapore's central bank states that the most current development on the Project Ubin is that users will be able to make payments in different currencies on the very…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for November 11, 2019. The text below is an excerpt and does not contain the full analysis. Hi Everyone, The eleventh day of the eleventh month has indeed evolved into the biggest commercial consumer extravaganza in…
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The need to plan the affairs of state for China has always been a challenge. Feeding nearly 1.4 billion people and coordinating the world’s largest manufacturing industrial complex, when scant resources are available domestically, requires a long-range plan. One agency, the National Development and Reform Commission (NDRC), is one of 26 cabinet departments that is…
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Fintech company Integral and Jefferies, a global investment banking firm, have just announced the launch of a fully integrated service designed for buyside firms to conveniently connect and trade with the FX market at a fraction of today’s trading costs. TrueFX is designed for the buyside community, including retail brokers, macro hedge funds, prime of…
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Coleman Research, a global provider of primary research, has just announced that its Expert Relationship Management (ERM) platform has been chosen by Stax Inc., the global strategy consulting firm, to support them on their journey of digitizing their research data and workflows. Coleman ERM addresses industry demand for a solution which mitigates the current time…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for November 11, 2019. See details below: FOREX The US Dollar is losing ground to traditional safe-haven currencies like the Japanese yen and the Swiss franc during early Monday trading. The greenback’s weakness can be linked to a general swing in the…
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