CLS Group just reported its annual volumes and shared that in 2018 it experienced a 2.5% increase in new business in its FX settlement service CLSSettlement. The average daily settlement volume was USD130 billion. CLS has already released record traded volumes in CLSSettlement in its H1 2018 interim report. More than 90% of this growth…
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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 PT Banc. PT Banc is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
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EBS, a provider of online trading systems and technology solutions to firms in the foreign exchange industry, today revealed that it will release an advanced API streaming service on its EBS Quant Analytics platform (formerly referred to as NEX Quant Analytics), an all-inclusive analytics tool operated on a community basis. The firm plans to launch…
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CBOE is reportedly putting on "hold" its Bitcoin Futures market. The exchange announced that it will not be adding a new bitcoin futures offering in March. The cited reason is that CBOE will need to review the process and the product itself. The news was actually made by CBOE Futures Exchange or CFE. The unit…
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Gate.io, an online exchange for blockchain assets, today launched its revamped platform available to users located in Canada, the USA and Japan. The relaunch will allow users living in the affected countries to make spot trades on main-net cryptocurrencies and will offer them over 200 digital assets. Gate.io intends to make it easy for clients…
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The Cyprus regulator (CySEC) announced that it has decided to withdraw the AIFLNP authorisation of the company DFG Meze Model Ltd. The authorisation AIFLNP is with number LPAIF42/2014 of DFG Meze Model Ltd and the company has also expressly renounced its authorisation. The announcement was made yesterday and the withdrawal is effective as of March…
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The U.S. Securities and Exchange Commission (SEC) yesterday opened charges against Volkswagen AG, Martin Winterkorn, its former CEO, and two of its subsidiaries for scamming U.S. investors by issuing corporate bonds and fixed income securities that raised billions of dollars through misleading statements about the company's "clean diesel" fleet of cars and their environmental impact.…
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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 Union Capital Partners. Union Capital Partners is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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The US crypto exchange Coinbase added Stellar Lumens XLM to its Coinbase Pro platform for full trading. Trading on the XLM/USD, XLM/EUR, and XLM/BTC order books will soon start in phases, beginning with post-only mode and proceeding to full trading should Coinbase's metrics for a healthy market be met. Support for XLM will be immediately…
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It’s Friday. It must be time for another update on the continuing saga of QuadrigaCX, the beleaguered Canadian crypto exchange that has re-written the book on how not to operate an exchange of any kind, while handling other people’s money. Now Gerald Cotten’s poor widow would have us believe that, out of the goodness of…
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