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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Smart data provider big xyt has just released its new website (250days.com), covering views reflecting the evolving market dynamics over the past year. Visitors will have access to annotated visual analysis of the fragmented European equity trading landscape leading up to and during 2018. Last year, the company has announced further client driven enhancements to…
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Litecoin Foundation has informed that it has named four new individuals as advisors. David Schwartz, Project Director of the nonprofit organisation based in Singapore, announced last Friday that Luiza Palma, Jonha Richman, Kyle Tekiela and Blake Rizzo have been added to the team. I would like to #FF the newest members to @LTCFoundation @luizalopespalma @BlakeRizzo24…
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LeapRate Exclusive... The global elite and their private jets flew into Davos, Switzerland, last week for the 2019 World Economic Forum Annual Meeting to review, discuss, and debate the pressing world issues of the day. Occasionally, the setting provided an excellent platform for individual leaders to speak to personal items of high priority in their…
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What a difference a year makes or maybe not? The global elite has departed the confab in Davos, jetting away to parts unknown until the next summit. With respect to cryptocurrencies, the opinions expressed at this year’s event were muted, at best. One need only remember that last year at this time Bitcoin was at…
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The US government is currently shutdown. This is one of the longest shutdowns of the US government ever in history. While President Trump tries to firmly defend his position on the future "Wall", the US government shutdown is affecting the number one cryptocurrency by market cap - Bitcoin. While there may be little correlation between…
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Turkey’s IS Bank has just announced that it has launched the Autochartist market analysis service within its mobile application. Ilan Azbel, CEO at Autochartist, commented: It has been an absolute pleasure to work with IS Bank on this project; they have been meticulous in their thought process and implementation. I have no doubt in my…
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Virtu Financial, Inc. (NASDAQ:VIRT) has entered into a definitive agreement to acquire Investment Technology Group, Inc. (NYSE:ITG) back in September 2018. The company has agreed to acquire ITG in a cash transaction valued at $30.30 per ITG share. September 2018 was definitely a good month for the company, as it has prepaid another $74 million…
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