The UK Financial Conduct Authority (FCA) has put out details of the cloned firm IMC Financial Services Ltd. 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…
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Moscow Exchange (MOEX) has completed the development phase of its electronic platform for remote opening of deposit accounts as part of the Bank of Russia’s Marketplace project. The online Marketplace project was initiated by the Bank of Russia in Q1 2018. The platform is not yet available to clients though, waiting for its necessary legislative…
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The concept of a stablecoin is not new news. The fact that Jamie Dimon, the CEO and Chairman of JPMorgan Chase (NYSE:JPM), has continually bashed Bitcoin is not new news either, nor is the fact that his bank’s developers have been silently working in the background on ways to leverage blockchain technology to the bank’s benefit.…
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Fundamental Interactions (FI) today launched its patented automated-hedging service for trading tokens. The software will be used to automate the process of liquidity sourcing as well as hedging in order to optimize the issuing, trading and settling token transactions. The new software will be offered within FI’s Neutron suite of products as a plug-in. The…
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The Cyprus regulator (CySEC) announced that it has decided to withdraw the Cyprus Investment Firm (CIF) authorisation of the company Centaur Financial Services Ltd. The action follows up Centaur Financial Services Ltd’s decision to expressly renounce it. The official announcement can be seen here. Earlier this week, CySEC warned against several unregulated websites: lite-options.com www.jetfore.com…
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Global financial technology and social trading group ayondo Ltd just announced its plans for a possible sale of their UK subsidiary, ayondo markets Ltd to BUX Holding B.V. BUX Financial Services B.V. The Amsterdam-based FinTech company is a subsidiary of BUX Holding B.V, which already is a tied agent of ayondo markets Limited and its largest…
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According to Deutsche Börse AG’s preliminary report, Q4 2018 revenues grew by 16% to reach €740 million, while net profits rose by 19% YoY during the same quarter. Net revenues for the full year expanded by 13% to come in at €2.8 billion, while adjusted full year 2018 profits were up 17% to hit €1.0…
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The US Securities and Exchange Commission (SEC) yesterday opened insider trading charges against a former senior Apple Inc.(NASDAQ:AAPL) attorney named Gene Daniel Levoff. According to SEC charges, Levoff was responsible for implementing Apple’s insider trading compliance measures when he used his position to buy Apple shares before quarterly earnings releases. Levoff served as Apple’s company…
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Devexperts, the developers of the Devexa Chatbot, today announced that it had added voice trading capabilities to its AI-powered chatbot. The company recently opened an R&D center in Bulgaria. The Devexa Chatbot is a live assistant that runs of AI and is targeted at retail brokers. The chatbot works on Telegram, Viber, Facebook Messenger and…
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Vienna Stock Exchange AG (Wiener Börse AG) has been officially designated as a registered benchmark administrator becoming the first European Stock Exchange to achieve this coveted status. A benchmark administrator is a term that refers to a natural person or legal entity that has been granted control over an index. Such an entity can make…
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