forex market crypto news and updates
August 20, 2019 BY Valentina Kirilova

Daily Market News: Gold loses bullish momentum

eToro UK markets analyst, Adam Vettese, has provided his daily commentary on traditional and crypto markets for August 20, 2019. The text below is an excerpt and does not contain the full analysis. Highlights include: Stocks react to delay on Huawei ban: Amidst the Trump administration’s decision to delay the ban on Huawei, as well…

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regulations
August 20, 2019 BY Valentina Kirilova

MFSA restricts the sale of CFDs for retail clients

The Malta Financial Services Authority (MFSA) informed today that it has updated the Conduct of Business Rulebook, announcing permanent restrictions regarding the marketing, distribution or sale of Contracts for Differences (CFDs) to retail investors. During the last years, the European market has witnessed a rapid increase in the marketing, distribution or sale of CFDs to…

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fca warning
August 20, 2019 BY Valentina Kirilova

UK FCA continues with the unauthorised firms warnings

The UK Financial Conduct Authority (FCA) has put out details of several more unauthorised firms this week. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people in the UK that they work for a genuine, authorised firm. Their details can be seen below, keep in mind that the…

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BIS announces key appointments in Singapore and Switzerland
August 20, 2019 BY Valentina Kirilova

AcadiaSoft Board Chairman Howard Edelstein steps down

AcadiaSoft Inc. just announced that its longtime Board Chairman Howard Edelstein will step down later this year. AcadiaSoft has already started a search for a replacement. Howard Edelstein has been in the company since its very beginning, either as the independent director or Board Chairman. AcadiaSoft CEO Chris Walsh commented on the news: Howard Edelstein…

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Saxo Bank and Geely Holding Group establish fintech joint venture serving the China market
August 20, 2019 BY Valentina Kirilova

ayondo teams up with Chinese social investing firm iMaibo

SGX-listed global financial technology group, ayondo, announced that it has entered into a non-binding strategic alliance terms with social investing company iMaibo. iMaibo is a Chinese company, offering a cost-efficient social investing platform for Asian, European and other global CFDs to facilitate investment-related business, via its network of social media influencers and key opinion leaders…

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August 20, 2019 BY Valentina Kirilova

Tech provider Itiviti teams up with Blaze Portfolio

Itiviti, a technology and service provider to financial institutions worldwide, announced that it has teamed up with Blaze Portfolio, a software provider focusing on scalable investment portfolio rebalancing and real-time trade order management technology. Blaze's clients will now have access to Itiviti’s NYFIX suite of services including, its FIX connectivity network, monitoring and execution reporting.…

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Plus500 share buyback
August 20, 2019 BY Valentina Kirilova

Plus500 Ltd moves on with its Share Buyback Programme

On April 13 2019 the FCA regulated online CFD broker Plus500 Ltd (LON:PLUS) announced that it is starting a Share Buyback Programme. The broker has already purchased a certain number of its ordinary shares of ILS 0.01 each through Credit Suisse Securities (Europe) Limited. Details of the purchase can be seen below: Plus500 will hold…

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