Australian regulator ASIC has just issued a warning against the scam companies Luxembourg Offshore Banking and LUXOSB Limited. Scammers are claiming to be from ASIC, although they are not regulated it, nor licensed or authorised in Australia to provide financial services. Both scam companies are using the cold-calling method, and claim to offer an investment…
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Copenhagen based Retail FX broker Saxo Bank has just announced that it has reached a conditional agreement with Dutch online brokerage BinckBank on a recommended all-cash public offer of EUR 6.35 (cum dividend) per issued and outstanding ordinary share and priority share of BinckBank representing a total consideration of EUR 424 million. The offer price…
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The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. Personal opinions today: The European Central Bank decided to end its LTRO at the end of the year, but did not indicate a short-term rate hike schedule. In the absence of interest rate hikes and time, the euro fell against the dollar.…
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Facebook is on a hiring blockchain spree. The company has started forming a blockchain group in mid-2018, and now has over 40 "blockchain" employees. Facebook was rumoured to be launching its very own digital coin. David Marcus, who was a President at Paypal and a Board Member in Coinbase, has joined Facebook in the blockchain…
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The government of Switzerland has announced that it will create legal environment for the blockchain industry. The strategy aims to position Switzerland as a major blockchain “destination” and a blockchain-friendly jurisdiction. According to Swissinfo, the major focus of the blockchain strategy is for the government to introduce decentralized digital tokens across the business sector, especially…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for December 14, 2018. Highlights include: Declining Stocks for the Asian Market: Chinese investors woke up to a steep dive in retail sales and industry production rates, bringing the lowest figures in more than a decade.…
Read moreThe Securities and Exchange Commission (SEC) has informed the public that it has charged a former New York-based investment adviser and his daughter with conducting a multi-million dollar Ponzi scheme. The individuals have defrauded local community members as well as members of their family and close friends. The official announcement by SEC reads as follows:…
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The Financial Services and Markets Authority (FSMA) has just issued a warning against the irregular activities of Saga Nagoya Securities. Saga Nagoya Securities Addresses: 40F Midtown Tower, 9 Chome-7-1 Akasaka, Minato, Tokyo, Japan 56F Shanghai Tower, 501, Yincheng Middle Road, Pudong, Xinqu, Shanghai Shi, China Website: www.snscredit.com Email: [email protected]; [email protected] Tel.: +81 3 4578 8350…
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TP ICAP plc has just announced that Richard Berliand will join the Board as a Non-Executive Director and Chairman designate during the first quarter of 2019. Mr Berliand is a global markets professional with a 23-year career at JP Morgan. Prior to his retirement in 2011 he served as Managing Director, leading the global cash equities…
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The Autorité des marchés (AMF) has just warned the public against the activities of several unauthorised crypto websites. The regulator, along with the Autorité de contrôle prudentiel et de resolution (ACPR), have published a list of these websites and entities offering trading of investments on cryptocurrency derivatives without authorisation in France. The list can be…
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