Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for December 6, 2018. Highlights include: Locating BTC’s Support: Bloomberg analysts project bitcoin heading for $1,500. While it’s possible to get that low, BTC has key support levels at $3,000 and $1,800 it would have to…
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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 Blooming Finance. Blooming Finance is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
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The decentralized store of value protocol Fragments just announced that it is rebranding to Ampleforth. Along with the rebranding news, the company also introduced its new non-collateralized stablecoin called Amples. Ampleforth now uses an Ampleforth protocol, which moves volatility from unit price to unit count and achieves price stability by algorithmically expanding and contracting supply among holders based on demand. …
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm FC COIN. 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 tactics to…
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Dash Financial Technologies has just announced it has signed a definitive agreement to acquire eRoom Securities, LLC. The move follows last year’s acquisition of Convergex’s options business, Liquidpoint, and will allow the firm to enter the introducing prime brokerage space. eRoom is a Chicago based company, providing multi-asset trading technology, agency execution, risk management, reporting and clearing services…
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The international broker Grand Capital has just announced that it has launched MetaQuotes' MetaTrader 5 trading platform with hedging. Features of MetaTrader 5 offering include: Advanced trading opportunities: netting and hedging order accounting systems, market depth, separate accounting of orders and deals. Extended analytics: 21 timeframes, in-chart calendar. Developing and testing trading robots: multi-currency strategy tester and…
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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 City Global Trading. City Global Trading is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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The following article was written by Anya Aratovskaya, VP of Institutional Sales at Advanced Markets and Fortex, Inc. The FX Landscape has changed dramatically this year, mostly due to the implementation of MiFID 2 regulations, and rulings by ESMA, in Europe alongside additional government scrutiny of the Chinese FX Market and the exposure of failed profit-sharing models.…
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Last month binary options turned blockchain technology company TechFinancials Inc (LON:TECH) announced that it has signed a binding agreement with Footies Tech Ltd. to establish a new company subsidiary NewCo. Now that the final terms of the venture have been agreed, you can read all about it below: Asaf Lahav, CEO of TechFinancials said: We…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Easy FX Trade. 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 tactics…
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