Facebook is surely at the forefront of cryptocurrencies and blockchain, it appears. After the company began a hiring spree back in 2018, the idea of creating a FaceCoin or a specific blockchain network was on. Here is what Leaprate reported back then: According to CCN, Facebook is probably exploring options for providing blockchain-based payment methods…
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Deutsche Börse just released its cash markets volumes for April. The cash markets generated a turnover of €120.9 billion, down 7% MoM (compared to €127.2b in 2018 and €130.3 billion in March 2019). €107.8 billion of which were attributable to Xetra (€117.1b in 2018), bringing the average daily Xetra trading volume to €5.4b. Börse Frankfurt…
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LeapRate Exclusive... LeapRate just found out that Tim Rudland has been appointed as FXCM's new Vice President Institutional Sales. Prior to FXCM, Rudland has worked for GKFX as UK Head of Trading. His previous jobs also include almost 6 years at Alpari UK as Assistant Head of Trading and Trader at Saxon Financials. Rudland started…
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The brokerage company FxPro has just released their new FxPro Direct App onto the market. FxPro's clients can now create new trading accounts at any time by simply choosing one of the three available trading platforms (MT4, MT5 or cTrader) and picking the leverage and account currency (AUD, CHF, EUR, GBP, JPY, PLN, USD or…
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International financial services company Admiral Markets announced today that it has expanded the number of instruments available on its flagship Admiral.MT5 accounts. Admiral Markets' customers can now trade popular indices of regional equity markets. No commission is charged for opening long and short positions on these instruments. Jens Chrzanowski, a Member of the Admiral Markets…
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Multibank FX aggregation service FXSpotStream has just announced its revenue for the month of April 2019. The total volume, reported by the company, was $703,135, down 11% from the previous month ($792,863 in March). With 22 trading days in April, Avg Daily Volume was $31,961, down 15.4% MoM, but up 30% YoY. The complete results…
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Cyprus regulator CySEC has just announced that it has decided to impose a total administrative fine of €170.000 to CIF Goldenburg Group Ltd. The reason for the fine is noncompliance with provisions of The Investment Services and Activities and Regulated Markets Law of 2007, as was in force (‘the L.144(Ι)/2007’), and of Directive DI 144-2007-02…
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We sometimes forget that our regulatory bodies have more to do than just look at crypto exchanges and the markets they serve. Representatives of these august bodies often have speaking engagements in other industry sectors, where they often share their opinions on the major topics of the day. For example, the Chairman of the U.S.…
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ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for May 3, 2019. GBPUSD The Pound closed lower on Thursday, closing at 1.3031(-21 pips) against the greenback. The cable pair traded lower yesterday as dollar strengthened and as the Bank of England 's Super Thursday left traders…
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April is now in the history books, and Bitcoin, to the amazement of its stunned critics, has outperformed once more, delivering positive gains for a third month in a row. These gains are even more remarkable when you factor in that a major scandal broke at the end of the month, regarding reserve funds at…
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