June 24, 2019 BY Valentina Kirilova

More financial institutions join the Trade Finance Distribution Initiative

Commonwealth Bank of Australia (CBA), ABN Amro, London Forfaiting Company, Crown Agents Bank and Natixis have joined the Trade Finance Distribution Initiative (TFD Initiative) as members. The TFD Initiative is an industry-wide drive to use technology and standardisation for the wider distribution of trade finance assets. The project launched earlier this year, attracting number of…

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Activity on Refinitiv's FX platforms in Asia reaches record highs
June 24, 2019 BY Valentina Kirilova

Activity on Refinitiv's FX platforms in Asia reaches record highs

Refinitiv, formerly the Financial and Risk business of information giant Thomson Reuters (NYSE:TRI), announced that activity on the company’s foreign exchange platforms has reached new highs in 2019. Regional market participants across the buy-side and sell-side benefit from Refinitiv’s comprehensive offering, from dealer-to-client trading on FXall, to interdealer trading on Matching. The company has earlier this…

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Plus500 adds WhatsApp support to its range of communication channels
June 24, 2019 BY Valentina Kirilova

Plus500 adds WhatsApp support to its range of communication channels

FCA regulated online CFDs broker Plus500 Ltd (LON:PLUS) has announced that it has just added WhatsApp to its range of communication channels. The broker is the first derivatives firm to offer full customer support across desktop and mobile devices via WhatsApp 24/7. Currently offered in English and other selected European languages, WhatsApp joins Plus500’s existing…

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Daily Market analysis
June 24, 2019 BY Valentina Kirilova

Daily market commentary: The US Dollar continues to devalue

ActivTrades’ Market Analysts have prepared for Leaprate their daily commentary on traditional markets for June 24, 2019. See details below: FOREX The US Dollar continues to devalue as the prospects of an interest rates cut by the Fed, as early as in July, sink in. Currently trading at a 3-month low against the Euro, just…

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CRM Review: What and why brokers need them, and options to consider
June 24, 2019 BY Valentina Kirilova

CRM Review: What and why brokers need them, and options to consider

In today’s highly competitive and global business environment, forex brokers must deal with a plethora of issues that demand resources, while firms are constantly challenged to increase or even maintain existing profit margins. Unfortunately, an avalanche of new rules and regulations from the regulatory establishment has added to the burden, forcing brokerages to re-think their…

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tradition
June 24, 2019 BY Valentina Kirilova

Tradition launches revamped market data business TraditionDATA

Swiss interdealer broker Compagnie Financière Tradition (SWX:CFT) announced that it has launched its newly-revamped market data and information services division, TraditionDATA. TraditionDATA starts with a completely new executive management team behind it. The division offers flexible data packages tailored to individual requirements, ensuring clients only pay for the specific data they need. This is in…

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cssf warning
June 24, 2019 BY Valentina Kirilova

Luxembourg regulator CSSF warns against S&P Broker

The Commission de Surveillance du Secteur Financier (CSSF) has just warned the public of the activities of an entity named S&P Broker. S&P Broker is operating via the website https://snpbroker.io and claims to be established at 2 rue Edward Steichen, 2540 Luxembourg. According to the regulator, S&P Broker is unknown to it and that the…

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Analyst predicts Facebook’s FaceCoin could earn up to $19 billion by 2021
June 22, 2019 BY Mariela Naydenova

France launches G7 crypto task force amidst Libra concerns

Facebook has literally shaken the perception of what cryptocurrencies can do. One of the largest companies in the world by user base and market cap, Facebook is creating its very own cryptocurrency called Libra - a project set to disrupt the way we use and perceive digital coins. Because of the massive impact that Libra…

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