The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Get My Loans. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics…
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FX options company Digital Vega has just announced two senior appointments. Simon “Benny” Lewis will be the new Head of Interdealer Solutions. He spent 20 years at Tullet Prebon, building exotic options desk from scratch. He was ultimately appointed as Global Head of FX Options, until retiring in 2016. Romain Camus is the new Head of…
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Canadian securities regulator the British Columbia Securities Commission (BCSC) has just announced that it has become aware of a suspicious entity named WorldWide CapitalFX. WorldWide CapitalFX (CapitalFX) claims to be an online binary options, cryptocurrencies, Forex and Contracts for Difference trading platform provider. The company is operating via the website www.worldwidecapitalfx.com/. The regulator has recently…
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The CEO of Binance, Changpeng “CZ” Zhao, is a talkative fellow and never one to shy away from expressing his opinions quite publicly. In a recent tweet, CZ expressed his consternation that more major retailers on the Internet have not begun to accept cryptocurrencies for online payments. In his tweet, CZ explained: For any internet…
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The power of blockchain has undeniably left its mark on almost all parts of the world. Recently, Africa has emerged as a top, or at least, promising blockchain/cryptocurrency destination. Because the market is so new, there are numerous solutions and inventions to be made using blockchain. The most remarkable thing about blockchain, however, is the…
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The asset management branch of Credit Suisse, Credit Suisse Asset Management, and Banco Best, a Portuguese financial institution, have partnered on an interesting blockchain project. The two financial institutions have processed blockchain-powered live cross-border transactions of an investment fund. The platform that was used for the transaction was FundsDLT. The latter is a decentralized platform based…
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GAIN Capital Holdings, Inc. (NYSE: GCAP), which operates the FOREX.com and City Index retail forex brands, has released its trading volumes for the month of January 2019. LeapRate reminds that January 2018 volumes at Forex.com were the company’s best result since November 2016, the month of the U.S. election which included some record trading days after the…
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FCA regulated FX and CFD broker Infinox (formerly Go Markets UK) has just announced that it has joined the Gold-i Matrix NETwork, signing an agreement for its multi-asset liquidity to be available through Gold-i’s technology. With Matrix Net, Infinox’s liquidity will be available to brokers worldwide who use Gold-i’s Matrix, MT4 Bridge and MT5 Gateway. Other brokerages…
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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 Astaria Group. Astaria Group 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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Retail forex broker FXCM Group, LLC has just released its execution data for January 2019. Last month, FXCM Group has expanded its cryptocurrency offering by adding its second crypto CFD, Ethereum (ETH/USD). The broker released Bitcoin CFD trading back in October 2018 and has added three new CFD products for trading two months later. Earlier today the broker announced that…
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