Iranian officials have been working diligently in the background, ostensibly to reverse its general ban on cryptocurrencies and to produce a framework that will mesh well with its plans for a national cryptocurrency, to be backed by the Rial and managed by the central bank. The central bank chose the eve of a national Electronic…
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Multibank FX aggregation service FXSpotStream keeps up with its records in January 2019. LeapRate reminds that January 2018 FX trading volumes came in at $26.3 billion ADV, making January 2019 FXSpotStream’s best month ever at $38.37 billion ADV – and by a wide margin. January 2019 trading volumes highlights include: FXSpotStream starts off 2019 by hitting its first ADV…
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Tokyo Financial Exchange (TFX) has just released its trading volumes report for the month of January 2019. Highlights include: Interest Rate Futures contracts The trading volume of Three-month Euroyen futures was 117,834 ( - 10.7% MoM / + 21.5% YoY ) and its average daily volume was 6,202. 項目 January 2019 Trading Volume Daily…
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LMAX Exchange Group has announced that it has added two industry veterans to its Asia Pacific business as part of its expansion plans in the region. Jason Huang, who has over 18 years’ experience in the FX industry, has joined as Head of Sales for Asia Pacific, based in the LMAX Exchange Hong Kong office. Prior to…
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Maltese-based Blockchain Advisory (BCA) has just announced a strategic alliance and collaboration with Blockpass IDN. The two companies' aim is to create a reg-tech focussed compliant ecosystem within blockchain, and bring together two established businesses already at the forefront of legal compliance. Blockpass has announced a number of key collaborations recently, including the ones with…
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UK online trading leader IG Group Holdings plc (LON:IGG) has just announced the launch of IG US, its US-based subsidiary offering foreign exchange (forex) services. At IG we pride ourselves on championing the client, I am excited to bring that same focus to serve the United States market,” said June Felix, IG Group CEO. “We see this…
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Credit Bank of Moscow has just announced that it has launched a virtual pooling service for legal entities. The new service will allow clients to combine account balances of pool participants (various legal entities, a holding structure or a company with a branch network) to accrue interests on balances without physical cash flow. The total…
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Busy Friday for the UK regulator FCA, as it has just released another announcement that it has agreed Memoranda of Understanding (MoUs) with ESMA and EU regulators. The FCA has explained earlier today how it would use the temporary transitional power in an UK leaves the European Union without a withdrawal agreement scenario. The MoUs cover cooperation…
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oneZero Financial Systems has announced that it has teamed up with FCA regulated institutional FX and CFDs broker Global Market Index (GMI UK). GMI UK joins oneZero’s EcoSystem, a distribution channel of multi-asset class liquidity for the largest global network of brokers, prime brokers and hedge funds, to distribute FX, CFD and cryptocurrency liquidity to…
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The UK Financial Conduct Authority (FCA) has issued an announcement earlier today how it would use the temporary transitional power in an UK leaves the European Union without a withdrawal agreement scenario. Nausicaa Delfas, Executive Director of International at the Financial Conduct Authority said: The temporary transitional power is an important part of our contingency…
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