learning to buy the dip
April 22, 2019 BY Valentina Kirilova

Libertex launches new trading asset Lyft

CySEC licensed online trading platform Libertex has announced that it has just launched a new CFD for shares of Lyft Inc. (NASDAQ:LYFT). Lyft has recently raised 24,3 bln USD following its blockbuster IPO at the end of March, 2019. Igor Galkin, Head of Global Business Development and Sales at Libertex Group, commented: Lyft held an…

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DFSA
April 22, 2019 BY Valentina Kirilova

Nine Masts Capital Limited fined $1.2m over naked short selling

The Hong Kong Securities and Futures Commission (SFC) announced that it has fined the company Nine Masts Capital Limited $1.2 million for failures relating to the short selling of Yuzhou Properties Company Limited shares in May 2015. Back then, on May 12, 2015, Yuzhou Properties proposed placing of new shares, subject to the fulfilment of…

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warning
April 22, 2019 BY Valentina Kirilova

New Zealand FMA warns against BAT Financial Management

The Financial Markets Authority (FMA) has just issued a public warning against a scam company called BAT Financial Management. The UK FCA has already warned against the same scam company last month. BAT Financial Management Associated entities/individuals: Dan Johnson and William Davies Address: Unit 1619 Miramar Tower, 132 Nathan Road, Tsim Sha Tsui, Kowloon, Hong…

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regulations
April 22, 2019 BY Valentina Kirilova

The Dutch AFM bans binary options and restricts sales of CFDs

The Dutch Financial Markets Authority (AFM) has announced that it has taken national measures mirroring ESMA’s last year restrictions. The AFM will prohibit Binary Options and restrict the marketing, distribution or sale of CFD to retail investors. LeapRate reminds that the new rules, formalized by ESMA in late March, came into effect: Binary Options – from…

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fca warning
April 22, 2019 BY Valentina Kirilova

FCA warns against 4XFX firm

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company 4XFX. 4XFX is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which require authorisation:…

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Report: Crypto trading ‘bots’ caught arbitraging investors by front running
April 19, 2019 BY Valentina Kirilova

Report: Crypto trading ‘bots’ caught arbitraging investors by front running

Another week… another report that reveals the dark underbelly of crypto exchanges and confirms the SEC’s worst nightmares about price manipulation in crypto exchange markets. The report this week, entitled “Flash Boys 2.0: Frontrunning, Transaction Reordering, and Consensus Instability in Decentralized Exchanges”, comes to us by way of researchers at Cornell Tech. They focused primarily…

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