TradAir's Brian Andreyko joins Edgewater Markets as CPO
December 19, 2018 BY Valentina Kirilova

Edgewater Markets expands global presence with new personnel

LeapRate Exclusive... Edgewater Markets, the NFA-registered non-bank FX liquidity provider, has just informed that it has added to its team Phil Muldoon, David Fowler, Ananda Ariesta, and Marvin Ng. Phil Muldoon joins the London team of the company as a Director of Institutional eFX Sales. Prior to Edgewater, Mr. Muldoon was Global Markets Director –…

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FX and CFDs broker GMI UK teams up with Gold-i
December 19, 2018 BY Valentina Kirilova

FX and CFDs broker GMI UK teams up with Gold-i

FCA regulated institutional FX and CFDs broker, Global Market Index Ltd (GMI UK) has just announced that it has partnered with MetaTrader technologies and integration specialist Gold-i. GMI’s integration with Gold-i aims to make its multi-asset liquidity accessible to Gold-i’s global client base. According to Ashraf Ebid, CEO, GMI: Gold-i has reliable, market leading technology and a…

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Crypto derivatives exchange LXDX goes live
December 19, 2018 BY Valentina Kirilova

Crypto derivatives exchange LXDX goes live

Last month, crypto derivatives exchange LXDX has opened its platform access, so traders would be able to create accounts and begin Know Your Customer (KYC) processes ahead of the live trading launch. The cryptocurrency exchange has just announced that the platform is now officially open to the public for live spot trading. People will now have…

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December 19, 2018 BY Mariela Naydenova

Coinbase introduces the crypto-to-crypto trading option

As the largest US cryptocurrency exchange, Coinbase is definitely working towards providing more and more quality services to its large user base. While just recently, a user had to convert BTC, for example, to EUR in order to buy another cryptocurrency, this is no longer the case. Coinbase now lets users trade on a crypto-to-crypto…

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December 18, 2018 BY Mariela Naydenova

The fifth Bitcoin Blockchain Satellite is now live

The bitcoin / blockchain revolution has undoubtedly arrived. Cryptocurrency enthusiasts will no longer need internet to transact with their digital coins. And while hundreds of startups and companies are trying to disrupt the level-playing field of blockchain services, one firm does it on a whole different level. Blockstream, a "pioneer in Bitcoin and blockchain technologies",…

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Facebook gearing up to develop a crypto-based P2P payment system
December 18, 2018 BY Valentina Kirilova

Facebook gearing up to develop a crypto-based P2P payment system

Major payment system providers like Visa (NYSE:V) and MasterCard (NYSE:MA) may be having nightmares lately and for good reason. The word on the street is that Facebook is aggressively moving forward with plans to create an internal payment system that connects overnight its 2.3 billion active customer base. How do you do this feat without…

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clone firm FCA warning
December 18, 2018 BY Valentina Kirilova

FCA warns against Gulf FX clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Gulf FX. 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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SFC fines
December 18, 2018 BY Valentina Kirilova

UBS fined $15m over deficiencies in anti-money laundering programs

UBS (NYSE:UBS) has agreed to pay $15 million total fine to FINRA, SEC and FinCEN. The financial services company failed to implement anti-money laundering programs. Susan Schroeder, FINRA’s Executive Vice President, Department of Enforcement, commented on the news: AML systems must be reasonably designed to monitor transactions for potentially suspicious activity. When firms are part of…

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