The Gibraltar Stock Exchange (GSX) Group yesterday announced the successful deployment of an online stock exchange prototype that included a test bond issuance on the Global TestNet’s Securities Trading Asset Classification Settlement (STACS) Network. The prototype is based on the Distributed Ledger Technology (DLT) used by the STACS Network to meet the needs of capital…
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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 Swift CFD, a trading style of Digital Worldwide OU. Swift CFD is not authorised by the FCA but has been targeting people in the UK and…
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Breaking News... Forex brokerage solutions provider MahiFX has recently notified that its retail FX operations, along with the licenses attached to them, are now on the market. Appears that the company has already got a buyer in the face of the Forex broker FXDD. FXDD's name can already be seen in the official FCA register,…
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FX technology company Integral just released its volumes report for the month of February 2019. Average daily volumes (ADV) across Integral platforms totaled $33.3 billion in February 2019. This represents a decrease of 4% compared to the previous month. The volume across Integral platforms totaled $666.4 billion in February 2019. Notably, February has two fewer…
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Amazingly enough, Bitcoin, known for its price volatility, has been ranging about the $3,800 price point within tight boundaries for all of 2019. Yes, it has dipped a bit and made a run over $4,200, but for this crypto heavyweight, settling into a tight trading range is, for want of a better word, peculiar. As…
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There is a new partnership on the horizon, it seems. This time it involves both coffee and cryptocurrencies. Starbucks is reportedly partnering with the American cryptocurrency platform Bakkt. The coffee giant may start accepting Bitcoin for coffee right after a sizeable equity deal between Bakkt and Starbucks. Starbucks is a founding partner of the crypto…
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In February 2019, Coinbase, the largest US cryptocurrency exchange, acquired blockchain analytics startup, Neutrino. The Italian company was acquired for an undisclosed amount of funds, and even right after the acquisition, Coinbase faced immediate backlash over the move since Neutrino had some suspicious roots in its development as a company and especially in its team.…
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The cash markets segment operated by Deutsche Börse registered a €116.0 billion turnover in February as compared to last year’s €158.5 billion. Of the total, €104.0 billion was generated through Xetra as compared to the previous year’s €143.4 billion, which generated an average daily volume of €5.2 billion. The trading volume on Deutsche Börse’s Frankfurt…
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Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) just announced that it has appointed Susanne Chishti as a non-executive director to its Board, effective immediately. Chishti is the CEO and founder of FINTECH Circle and has over 20 years of experience in the banking and FinTech sectors, as well as board level experience…
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Online brokerage and investment company RoboMarkets just informed its clients that it has made some changes to its conditions for trading indices. Effective March 1st to May 31st 2019, the company will reduce spreads for trading DE30, as well as the commission for all other Indices available for trading to RoboMarkets clients. For DE30 Index, spreads…
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