The Cyprus regulator CySEC has announced that it has decided to withdraw the CIF licence of a company named AMFF Ltd. The Cyprus Securities and Exchange Commission announces that, on its meeting of 8th November 2019, has decided, pursuant to section 8(1)(a) of the Investment Services and Activities and Regulated Markets Law of 2017 and…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for November 22, 2019. This is not a trading advice. See details below: GOLD The strengthening of the US dollar curbed gold’s attempted recovery in yesterday’s trading session. This morning, despite stock markets in green, bullion is rebounding with the price now…
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The retail forex trading industry has come a long way over the past two decades. One of the pioneering firms that has observed the evolution first hand, participated in it, and influenced it was Forex Capital Markets, known more familiarly as FXCM. The brokerage has endured both good and bad times, had to exit the…
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UK online trading leader IG Group Holdings plc (LON:IGG) is barely into its new fiscal year, and it is already making major shifts in its U.S. executive suite, as it rolls out its new strategy for leveraging its hard-won re-entry into the U.S. marketplace. The London-based giant in the spreadbetting and CFD trading arena, had once been…
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As we have reported on several previous occasions, the regulatory establishment and government officials want to dismantle the anonymity privileges that various blockchains provide for crooks, money launderers, and those intent on funding terrorist operations. The “noose”, orchestrated by this group, is slowly tightening around the neck of the crypto community. The previous G20 meeting…
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Steve Mnuchin is determined to become the proverbial “fly” in the crypto “ointment”. The head of the U.S. Treasury made it clear last July, when Facebook’s Libra project was taking a beating in Congress, that he is no fan or friend of cryptocurrencies. Whether it is his personal opinion or just agreeing with President Trump’s…
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Charles Schwab Corporation, one of the largest brokerage firms in the US, has set its sight on TD Ameritrade (TDA) in a potential $26 billion acquisition. When the news broke today, both companies saw their share prices go up (Charles Schwab went up by roughly +3.5%, while Ameritrade - by +7.0%). According to press, the…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for November 21, 2019. This is not a trading advice. See details below: FOREX The Dollar is down against other major currencies, on a Thursday so far dominated by the publication of the minutes from the FED’s latest meeting, as well as…
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UK Financial Conduct Authority (FCA) has announced yesterday that it has fined Henderson Investment Funds Limited (HIFL) £1,867,900. The company failed to treat fairly more than 4,500 retail investors in two of its funds: Henderson Japan Enhanced Equity Fund and Henderson North American Enhanced Equity Fund (the Japan and North American Funds). Back in 2011,…
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McKay Brothers International (MBI) has announced that it has now added Shanghai and Hong Kong as trading centers for its Asia services. The company now offers connectivity at the lowest known commercial latency between the Tokyo-CC2 data center and trading centers in Shanghai and Hong Kong. MBI has also improved the latency its hybrid microwave/fiber service…
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