The EU supervisor of trade repositories (TRs) ESMA has informed the public that it has just withdrawn the registration of Bloomberg Trade Repository Ltd (UK). As the withdrawal became effective today (1 March 2019), all Bloomberg clients have already been transferred to a TR of their choice. ESMA notified last month of its intention to…
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TradingScreen Inc. (TS), an order and execution management system (OEMS) for all asset classes, yesterday revealed a strategic collaboration with BIDS Trading (BIDS), a U.S Alternative Trading System (ATS) that also powers the European Cboe LIS. The new alliance will allow market participants on the buy-side to access the biggest U.S. block liquidity provider as…
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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 Brokerz. Brokerz is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which require authorisation:…
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The Financial Conduct Authority (FCA) yesterday published almost finalized rules and guidelines that would be adopted if the UK left the EU without a deal. Most of the proposed changes are based on the powers granted to the FCA by the EU (Withdrawal) Act, hence, they have to be approved by Her Majesty’s Treasury. The…
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When it comes to JP Morgan (NYSE:JPM) and all things crypto, Jamie Dimon, its outspoken chairman and CEO, just cannot keep his mouth shut. Jamie Dimon and his bank were recently the center of attention when it became the first bank to issue cryptocurrency, but praise soon turned to criticism when it became known that…
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FX brokerage group GAIN Capital Holdings, Inc. (NYSE: GCAP), which operates the FOREX.com and City Index retail forex brands, has released its financial results for the fourth quarter and full year 2018. The full year report showed massive improvement as compared to last year. The Q4 highlights are: Net revenues grew to $79.9 million as compared to $62.7 million in…
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Dukascopy Bank’s initial plans were to become the first regulated bank to launch its own ICO starting from March, 1 2019. However, the Japanese Mizuho Bank has equally announced their token to be unveiled on the same day, therefore Dukascopy moved the date a day earlier. Dukascoin, the first cryptocurrency issued by a regulated bank, has been launched…
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Tokyo Financial Exchange (TFX) has just released its trading volumes report for the month of February 2019. Highlights include: Interest Rate Futures contracts The trading volume of Three-month Euroyen futures was 59,472 ( - 49.5% MoM / - 52.0% YoY ) and its average daily volume was 3,130. 項目 February 2019 Trading Volume Daily…
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LeapRate Exclusive... LeapRate just learned that Andrey Stoychev has been promoted to Executive Director Trading and a Board Member of the multi-asset fintech company JFD Group. Andrey Stoychev has been in the industry business for more than 15 years. He is highly skilled in capital markets, OTC instruments trading and risk management. Stoychev is also…
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Digix, a blockchain platform that allows users to buy gold in divisible units, today announced that its DGX token has been listed on ProBit, a Korean exchange. The listing expands Digix’s presence in Korea following its recent collaboration with Blucon, a Korean-based global digital assets payment platform, which allows Korean residents to make daily purchases…
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