Integral, banks, brokers and asset managers' tech partner, just announced that it has added Mr. Sanjay Madgavkar to its executive team as Chief Strategy Officer and Head of Business Development. Madgavkar has spent much of his career at Citi and brings more than 20 years of experience in every aspect of foreign exchange to Integral.…
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The Nova Scotia Securities Commission announced earlier today that it has ordered Jean-Smaille Germeil and FPE Trading to pay an administrative penalty of $150,000, as well as to cover all the costs in connection with the investigation and conduct of this proceeding before the Commission in the amount of $15,000. Germeil and FPE Trading have repeatedly…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for May 29, 2019. The text below is an excerpt and does not contain the full analysis. As bitcoin becomes more useful as money and is spendable in more and more places, it's easy to get…
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The Trump administration removed India and Switzerland from its currency monitoring list of major trading partners on Tuesday. The monitoring list, among others, include China, Japan, South Korea, Germany, Italy, Ireland, Singapore, Malaysia and Vietnam. The Monetary Authority of Singapore (MAS) responded today that it does not manipulate its currency for export advantage, and added…
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CLS announced today that it has appointed Marc Bayle de Jessé as its new CEO, effective 2 December. Bayle de Jessé joins CLS from the European Central Bank (ECB) where he is currently Director General, Market Infrastructure and Payments and Chairperson of the Market Infrastructure Board. As Chairman of the European System of Central Banks…
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UK FCA regulated global provider of FX and CFD brokerage services Tickmill ended 2018 by posting significant growth as evidenced by remarkable increases in all financial metrics. Highlights include: Consolidated net profit - $19.67 million, up 33% YoY ($14.81 million in 2017); Net trading revenue came in at $45.13 million, a 16% YoY increase; Yearly…
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ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for May 29, 2019. EURUSD The Euro closed lower on Tuesday, closing at 1.1166(-27 pips) against the greenback. The greenback surged on the back of positive data from the CB Consumer Confidence Index up in May to 134.1…
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Crypto analysts are a happy lot these days. It is decidedly more fun arguing over how high Bitcoin can go, rather than defending the crypto leader amongst a rabid group of critics. Bitcoin’s meteoric rise has been a thing of beauty, yielding ample opportunities for the use of technical analysis (TA) to justify its current…
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Russia continues to be all over the map when it comes to committing to a single crypto path for the future. Reports from so-called insiders have suggested that the government had been moving towards a central bank controlled digital currency, which Vladimir Putin supposedly approved as a way to settle with Iran and avoid sanctions,…
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The Cyprus regulator CySEC has informed investors that the website apextradeoption.com does not belong to a regulated or authorised entity. In the above mentioned website, there is a reference on the name and license number of the former Cyprus Investment Firm B.O. Tradefinancials Ltd (license number 216/13). LeapRate reminds that CySEC has decided to wholly…
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