The UK’s Financial Conduct Authority (FCA) today made a decision using its powers to enforce competition laws by ruling that three asset management companies violated competition law. The ruling as made against the following firms: River and Mercantile Asset Management LLP (RAMAM) Newton Investment Management Limited Hargreave Hale Ltd The FCA imposed a £306,300 fine…
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FCA regulated provider of foreign exchange services to corporate and private clients across EMEA, Argentex LLP signed an exclusive foreign exchange (FX) partnership with International Sports Management (ISM). ISM is a sports management company based in Cheshire, England. The company was founded in 1989 by former European Tour golfer Andrew Chandler. Its clients include golfing champions Louis Oosthuizen,…
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Global financial technology and social trading group ayondo Ltd has just entered into a non-binding strategic alliance terms with Chinese Social Investing company iMaibo. LeapRate reminds that just a few days ago, ayondo Ltd announced its plans for a possible sale of their UK subsidiary, ayondo markets Ltd to BUX Holding B.V. BUX Financial Services B.V. iMaibo offers…
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Australia Forex and CFD broker EightCap has teamed up with Scuderia Ferrari for the 2019 and 2020 Formula 1® seasons. Scuderia Ferrari is featuring the new look EightCap logo on the front wings of the two single-seaters for both seasons. Joel Murphy, EightCap CEO, said he’s thrilled EightCap was chosen as one of the major…
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Canadian securities regulator the British Columbia Securities Commission (BCSC) issued a warning today against a suspicious entity named peakoptions24. Peakoptions24 is operating via the website https://www.peakoptions24.com and claims to be “one of the leading binary options brokers in the industry, with a high payout of 81% in binary options contracts”. Peakoptions24 also claims to have…
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According to a new survey by the FX broker eToro, 43% of U.S millennials prefer to invest money in crypto assets as opposed to the stock market. The study also discovered that 71% of millennials are open to investing in digital assets, if they are offered by established financial institutions. Over half of the online…
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Last month, CoinFLEX was reported to be launching futures contracts to its Asian clients in February 2019. The new contracts for Bitcoin, Bitcoin Cash and Ethereum will provide possible leverage of up to 20 times. The new product has now gone live, as CoinFLEX launched its physically delivered cryptocurrency futures exchange. The platform is based in Hong…
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Eventus Systems, Inc., today revealed that Straits Financial Group Pte Ltd, a brokering firm headquartered in Singapore had expanded its existing contract with Eventus to increase the compliance capabilities of its headquarters. Straits Financial Group has broadened its existing contract with Eventus to include the Validus trade surveillance and risk management platform for its Singapore…
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The TMX Group (TSX:X) today revealed that the Toronto Stock Exchange and its peer the TSX Venture Exchange are now part of the United Nations Sustainable Stock Exchanges (SSE) program to further sustainability and transparency within capital markets. The new partnership will allow the TMX Group to engage in dialogue with its peers on how exchanges…
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Canadian securities regulator the British Columbia Securities Commission (BCSC) issued a warning today against a suspicious entity named Sussex Investment. Sussex Investment is operating via the website https://sussexinvest.com and claims to be a cryptocurrency broker that offers cryptocurrency trading, initial coin offerings and trading in its own shares. Sussex Investment had advertised in British Columbia…
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