Plus500 Ltd (LON:PLUS)
February 13, 2019 BY Valentina Kirilova

Plus500 reports record numbers and performance in 2018, revenue up 65% YoY

FCA regulated online CFDs broker Plus500 Ltd (LON:PLUS) has announced its preliminary unaudited results for the year ended 31 December 2018 - the company set a new record in terms of financial performance. The company’s Board noted back in November 2018 that Plus500’s results for the financial year ended 31 December 2018 will be ahead of previous market expectations. Some…

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Torstone Technology expands its London headquarters
February 13, 2019 BY Valentina Kirilova

Torstone Technology expands its London headquarters

Torstone Technology, a provider of post-trade securities and derivatives processing technology, grew by over 50% in revenue YoY and hired over 50% more staff in Europe and globally in 2018, which led to doubling its London office. Last year, ITI Capital, the brokerage and investment house for institutional investors and private clients, offering multi-asset agency execution services,…

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FlexTrade adds Paul Beatty to team
February 13, 2019 BY Valentina Kirilova

Liquidnet appoints Fidelity's Brian Conroy as President

Liquidnet, the global institutional investment network, has appointed Brian Conroy as its President, effective immediately. Brian Conroy will be based in New York and will work in partnership with CEO and Founder, Seth Merrin. Conroy has over 30 years of experience in the financial services industry. Prior to Liquidnet, he worked for Fidelity International in London, where…

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E-commerce company Amazon 3Q preview
February 13, 2019 BY Valentina Kirilova

Will a recent survey persuade Amazon to expand its crypto footprint?

Is Amazon (NASDAQ:AMZN) considering a “Big Play” in Crypto-Land? As news begins to trickle in that high-tech giants like Google, Facebook (NASDAQ:FB), Samsung, and others have several efforts in the works to incorporate blockchain technology and possibly cryptocurrencies, as well, into their daily operating systems, speculation continues to mount as to what Amazon might be…

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February 12, 2019 BY Mariela Naydenova

FDA to utilize blockchain for drug supply chain

The Food and Drug Administration (FDA) in the United States is reportedly turning to blockchain to create an efficient and reliably drug supply chain. The FDA has introduced a pilot program that aims to create an interoperable and e-system that follows specific medication drugs through their entire supply chain. The agency is reportedly turning to…

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Nexo teams up Blockport exchange to offer crypto-backed loans
February 12, 2019 BY Valentina Kirilova

Nexo teams up with Blockport exchange to offer crypto-backed loans

Social crypto trading platform Blockport has announced that its users will now be able to use the Nexo platform to get crypto loans, offering them another alternative to selling their cryptocurrencies for fiat currencies. Blockport users can now keep their cryptocurrencies with all potential upsides, and leverage them to get instant access to cash. Blockport…

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asic charges
February 12, 2019 BY Valentina Kirilova

Former Deutsche Bank FX trader jailed for fabricating trade entries

A former FX Options and futures trader at Deutsche Bank’s Sydney branch, Andrew Donaldson, was today sentenced to 18 months in prison by the Sydney District Court for fabricating trade entries within the bank’s internal documents and systems, Australian regulator ASIC stated earlier today. Donaldson, who now resides in New Zealand, pleaded guilty to the…

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warning
February 12, 2019 BY Valentina Kirilova

Canadian regulator BCSC warns against Capital World Market

Canadian securities regulator the British Columbia Securities Commission (BCSC) issued another warning today against a suspicious entity named Capital World Market. Capital World Market (CWM) operates via the website https://capitalworldmarkets.com/ and claims to be an online binary options, Forex and Contracts for Difference trading platform provider. CWM had accepted funds from a British Columbia (BC)…

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clone firm FCA warning
February 12, 2019 BY Valentina Kirilova

FCA warns against European Capital Markets Ltd clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm European Capital Markets 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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