July 17, 2019 BY Valentina Kirilova

AR Capital LLC charged with wrongfully obtaining millions of dollars

The Securities and Exchange Commission (SEC) has yesterday informed the public that it has charged AR Capital LLC, its founder Nicholas S. Schorsch, and its former CFO Brian Block with wrongfully obtaining millions of dollars in connection with two separate mergers between real estate investment trusts (REITs) that were sponsored and externally managed by AR…

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clone firm FCA warning
July 17, 2019 BY Valentina Kirilova

UK FCA issues two more clone firm warnings

It's been quite a busy week for the UK Financial Conduct Authority (FCA), as it has put out details of two more clone firms today. The newest clone names are Globality Wealth and The Money Supermarket. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work…

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Daily Market analysis
July 17, 2019 BY Valentina Kirilova

Daily market commentary: The Pound hits a two-and-a-half-year low against the US Dollar

ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 17, 2019. See details below: FOREX The Pound hit a two-and-a-half-year low against the US Dollar and is currently trading below $1.2390. Sterling weakness, to some extent, results from seasonal factors, as it tends to happen during the British summer,…

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Union Bank of the Philippines adopts Refinitiv's Electronic Trading
July 17, 2019 BY Valentina Kirilova

Union Bank of the Philippines adopts Refinitiv's Electronic Trading

Union Bank of the Philippines has announced that it has adopted Refinitiv's Electronic Trading (ET) solution in order to power its business in the Philippines and strengthen its presence in both the local and international foreign exchange markets. ET is accessible via FXT and over 300 financial institutions across 80 countries globally are already benefiting…

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fma warning
July 17, 2019 BY Valentina Kirilova

FSC Mauritius warns against unregulated Blackcore Ltd firm

Mauritius financial regulator the Financial Services Commission (FSC) has announced that an entity in the name of Blackcore Ltd is operating an online trading platform via the website https://blackcorerb.com/ and is claiming to be purportedly registered in Mauritius with licence number BL 713685. It is also noted from another website (https://invertirenacciones.net/black-core-en-panama-unbroker-confiable/) that Blackcore Ltd is…

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clsnet
July 17, 2019 BY Valentina Kirilova

Federal Reserve Board approves the acquisition of a Bank Holding Company

The Federal Reserve Board on Tuesday announced its approval of the application under section 3 of the Bank Holding Company Act of 1956 by Chemical Financial Corporation, Detroit, Michigan, to acquire TCF Financial Corporation, Wayzata, Minnesota, and thereby indirectly acquire its subsidiary bank, TCF National Bank, Sioux Falls, South Dakota. Following the proposed acquisition, Chemical’s…

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July 17, 2019 BY Valentina Kirilova

Itiviti teams up with Bloomberg to facilitate transition for SSEOMS clients

Itiviti, Technology and service provider to financial institutions, Itiviti, has announced yesterday that it has teamed up with Bloomberg L.P.. The partnership aims to enable a seamless transition and onboarding process for clients currently using Bloomberg SSEOMS to Iitiviti’s multi-asset Order Management System (OMS). This collaboration also enables pre-integration of key Bloomberg products, including the…

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Binance seeks to curb SEC’s hunt for “fraud”
July 16, 2019 BY Mariela Naydenova

Is Binance launching a fiat-to-crypto exchange in South Korea?

Binance, the world's leading cryptocurrency exchange, is reportedly planning to launch a fiat-to-cryptocurrency exchange in South Korea. The information comes from a news report at CryptoGlobe. According to press, this is what the founder and CEO of Binance said regarding the project: We do not know the details related to the establishment of the Korean…

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ACB Investment announces slash of commissions
July 16, 2019 BY Valentina Kirilova

Global marketplace ACB Investment launches ACB web platform

The following article is a guest post of Asset Capital Business Inc. (ACB). ACB is a global marketplace, founded in 2019. The newly formed global marketplace Asset Capital Business Inc. (ACB) have announced that they have just launched their ACB web platform. The platform offers many instruments in a popular MT5 versions. The company traders…

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