Online trading broker ATFX (UK) has just announced that it has expanded its product offering in the UK to include Spread Betting. The Spread Betting account will give clients access to financial instruments covering FX, Indices and Commodities. ATFX will now be offering Spread Betting demo and live accounts on the MT4 platform. Marcos Tigsilema,…
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Back in August, 2018, Iran was rumored to be launching its very own cryptocurrency. Back then, the President of Iran, Mr. Hassan Rouhani stated that the plan to launch the digital coin is in its final stage and very soon, the country will enjoy a second official currency. The primary reason for a potential introduction…
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The US-based financial services company, Robinhood, just received the virtual currency license, called BitLicense by the state of New York. Robinhood is one of the most popular cryptocurrency “exchanges” as it offers commission-free trading – a feature that has attracted many customers and new features to the exchange. Some time ago, Robinhood was rumored to…
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Edgewater Markets has just announced that it has welcomed Sal Provenzano as Managing Director of eFX Sales. As LeapRate exclusively reported last month, the NFA-registered non-bank FX liquidity provider has added to its team Phil Muldoon, David Fowler, Ananda Ariesta, and Marvin Ng. Sal Provenzano brings a wealth of experience in the Foreign Exchange markets space…
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Derivatives marketplace CME Group (NASDAQ:CME) has just informed the public that Citi (NYSE:C) and Eaton Vance Management began clearing FX Cash-Settled Forwards at CME Group. CME has already cleared two Euro / US dollar trades on January 15, 2019. CME has recently achieved Asia Pacific average daily volume (ADV) of 921,000 contracts in Q4 2018,…
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Sirin Labs and FIH Mobile have teamed up to launch FINNEY™, the world’s first blockchain-based smartphone back in April 2018. Sirin Labs has today announced its partnership with KoolSpan, a provider of TrustCall Secure Communications, enabling FINNEY users to protect their phone calls and chat and messages with secure end-to-end encryption. FINNEY consumers will have…
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Digital trading technology company DriveWealth, LLC has just announced the expansion of its partnership with Stake, the first non-U.S. company to offer commission-free trading in U.S. stocks, Exchange-Traded Funds (ETFs) and American Depositary Receipts (ADRs). DriveWealth has also recently partnered with Avenue Securities and Trading Central. The DriveWealth platform expands offering to South American users, starting…
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The Dubai Financial Services Authority (DFSA) has just announced that it has just fined an individual US$52,500 (AED192, 675) and restricted him from performing any function in connection with the provision of Financial Services in or from the DIFC. Mr Andrew John Grimes did not challenge the DFSA’s findings against him back in 2017 and 2018 and did not…
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Dalian Commodity Exchange (DCE) and China Financial Futures Exchange (CFFEX) have just announced that they had been officially recognized by the China Securities Regulatory Commission (CSRC) as qualifying central counterparties (QCCPs). DCE, CFFEX as well as other major futures exchanges in China have been performing the function of central counterparties in futures trading. According to…
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The Commission de Surveillance du Secteur Financier (CSSF) has just warned the public of the activities of an internet website with an address https://luxinter.com. An entity in this website, named Guide for direction lp limited, claims to be “one of the leading fund companies” in Luxembourg. The CSSF has informed the public that Guide for…
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