AERGO, the strategic technology partner of Blocko, a Samsung Ventures funded startup, has just announced it has secured $30 million in a venture funding round to allow businesses to share data through trustless blockchain networks. Blocko supports, develops, and subsequently plans to use the AERGO platform to offer a broader set of enterprise-IT solutions and…
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Nasdaq (Nasdaq:NDAQ) has announced that Nasdaq Copenhagen is introducing a central counterparty participant for equity trading in its small cap market segment. The introduction removes bilateral counterparty risk, reduces transaction costs for trading members and aligns the post trade setup for equity trading on all main market segments at Nasdaq Copenhagen. Improving market conditions for…
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Australian regulator ASIC has announced that it has banned Yossef Ashkenazi, also known as Yossi Ashkenazi, of Caulfield South, Victoria, from providing financial services for a period of eight years. On 5 November 2018, ASIC cancelled the Australian Financial Services (AFS) license of the retail OTC derivative issuer, AGM Markets Pty Ltd (AGM). ASIC found…
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Which retail and institutional forex brokers announced new names and major rebrandings? What's wrong with liquidity provider Revshare agreements? Which major Playtech shareholder sold a chunk of its stake, for the first time since June 2017? Who is PrimeXM's new Head of Sales? Answers to these questions and more appeared first or only at LeapRate.…
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Many have been wondering what will happen to the much-desired Bitcoin ETF, given the strong interest from investors and the strong resistance from the SEC. And while the financial regulator has opened a special office to deal with fintech and cryptocurrency-related proposals for ETFs and new products, the first crypto ETF will go live next…
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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 Bernstein Securities. Bernstein Securities 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 Financial Stability Board (FSB) has just published the 2018 list of global systemically important banks (G-SIBs) using end-2017 data and an assessment methodology designed by the Basel Committee on Banking Supervision (BCBS). One bank (Groupe BPCE) has been added to the list and two banks (Nordea and Royal Bank of Scotland) have been removed…
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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 Goose Investments. Goose Investments 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 Bank of Canada, Bank of England and Monetary Authority of Singapore (MAS) have today jointly published a report which assesses alternative models that could enhance cross-border payments and settlements. The report examines existing challenges and considers alternative models that could in time result in improvements in speed, cost and transparency for users. The report,…
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Australian regulator ASIC has reported on its latest review of the impact of high-frequency trading in the Australian equity and Australian-US dollar cross-rate markets. The review builds on ASIC's 2013 and 2015 analysis of high-frequency trading. Notable findings from the review, outlined in Report 597 High-frequency trading in Australian equities and the Australian–US dollar cross…
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