The EU and UK have reached a provisional agreement over Brexit but before anyone gets too excited or disappointed, there are big hurdles to overcome to get the draft deal approved on all sides first. U.K. Prime Minister Theresa May has to get her Cabinet of ministers and then a majority of parliament to approve…
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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 C. Letlid Loan and Finance Ltd. C. Letlid Loan and Finance Ltd is not authorised by the FCA but has been targeting people in the UK…
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For the first time since mid 2017, Playtech founder and (former) controlling shareholder Teddy Sagi has sold shares in the company. Regulatory filings in the UK indicate that Teddy Sagi's Brickington Trading Ltd holding company sold 5 million Playtech shares earlier this week, for proceeds of approximately £23.2 million (USD $30.2 million). The sale takes Mr.…
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LCH, a global clearing house, has announced that it has received approval for an extension to its clearing licence from the Japanese Financial Services Agency (FSA). The licence extension was granted on 31 October 2018 and enables LCH’s ForexClear service to clear FX non-deliverable forwards (NDFs) on behalf of banks and clients based in Japan.…
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Financial technology provider PrimeXM has announced that it has appointed Andreas Charalambous as its new Head of Global Sales, to work with both the sales and customer support teams and create a robust client user experience. We had reported exclusively last month that PrimeXM's (now former) head of sales Richard Bartlett had joined FX broker…
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Integral, the technology partner trusted by banks, brokers, and asset managers to help them outperform their competition in the foreign exchange market, has just announced today that Mint Exchange has licensed the Integral platform to power the first institutional grade cryptocurrency exchange. Our customers are taking advantage of the incredible power and flexibility of the…
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Australian regulator ASIC has just announced that it has permanently banned Mr Craig James Wilson from providing financial services and engaging in credit activities, after he was convicted by the District Court of Western Australia for four counts of stealing. Between 25 October 2017 and 23 January 2018, four of Mr Wilson’s clients received payments…
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From 13 November 2018, Moscow Exchange (MOEX) has announced that it is expanding its offering of analytics products for funds, algorithmic and high frequency traders. The products leverage MOEX’s market data and have been designed to help investors make existing trading strategies more efficient and create new ones. Two new analytical tools are available to…
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HBUS, the exclusive U.S. strategic partner of Huobi, the blockchain asset solutions provider, today announced Jay Ryu as Vice President of Corporate Development. Ryu previously served as the Venture Capital Director at Draper Athena, where he led technology investments across Silicon Valley, Asia, and the Middle East, while working closely with portfolio companies on operational…
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Forex trading platform developer MetaQuotes has just announced the launch of Finteza advertising and analytical service. The system allows tracking of events, managing of conversions and launching of ads efficiently. Registration is open to anyone — the account provides an opportunity to analyze incoming traffic and manage advertising campaigns for free. Finteza tackles everyday issues…
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