Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for April 10, 2019. The text below is an excerpt and does not contain the full analysis. Highlights include: Token Taxonomy Act Underwhelms: A crypto-friendly bill has been reintroduced to Congress, but the new version does…
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CLS Group, the market infrastructure provider of risk mitigation services to the global FX market, has published its operating metrics for the month of March 2019. The average daily traded volume submitted to CLS was USD1.86 trillion up 8% from USD1.73 trillion in February 2019. CLS Group has recently reported its annual volumes and shared…
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ActivTrades’ Market Analysts have provided their daily commentary on traditional markets for April 10, 2019. Forex/Brexit The Pound remains within a tight range, currently trading around $1.30. Despite overnight reports pointing to EU intentions to offer the UK an extension to article 50, that could last for up to a year, the Pound barely moved.…
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Payments and e-commerce crypto Dash has just been listed on the Australian-based exchange, Jinance (formally known as String Exchange). The integration features the first AUD-Dash trading pair and in addition to this it incorporates Dash’s InstantSend technology, enabling fast and seamless transactions. Just several days ago, Dash reported another partnership, integrating with Daexs, one of…
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Multi-asset execution and order management systems company FlexTrade has just announced that it has teamed up with the operating system (OS) of finance OpenFin. The partnership will improve workflow management for buy-side traders using FlexTrade’s execution management system FlexTRADER and its cloud-based trading system FlexNOW. FlexTRADER has operated an open architecture model for many years, ensuring…
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The Financial Conduct Authority (FCA) has announced yesterday that it has fined Standard Chartered Bank £102,163,200 for Anti-Money Laundering (AML) breaches. This is the second financial penalty for AML controls failings in less than 5 moths imposed by the regulator. In December 2018, the FCA fined the former Chief Executive Officer of Sonali Bank (UK)…
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The World Economic Forum (WEF) has stepped into the crypto fray and is canvassing central banks to determine their involvement in blockchain developments. The WEF was founded in 1971 as a not-for-profit organization in Geneva, Switzerland, with the express mission of improving the state of the world. Per its website: The Forum engages the foremost…
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Facebook was recently reported to have been thinking about its own digital coin, or the so called FaceCoin. As Leaprate reported earlier in 2019, "Facebook has 2.3 billion active clients located across the globe, eager to try the latest that technology has to offer, and cryptos and blockchain bring a lot to the table that…
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The Depository Trust & Clearing Corporation (DTCC) has elected three new members to DTCC’s Board of Directors during its Annual Shareholders Meeting. The DTCC Board of Directors is currently comprised of 20 Directors. The new directors are Kieran Hanrahan, Managing Director in J.P. Morgan Chase’s Corporate and Investment Bank, Graeme McEvoy, Managing Director in the…
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CySEC regulated Forex and CFD investment company BDSwiss has just announced that it has launched MetaTrader 5 with hedging options. BDSwiss' clients will now be able to trade 250 financial instruments using the desktop and mobile platform versions for Windows, iOS and Android. BDSwiss shared that it will add more underlying instruments soon and will…
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