The following article was written by Sophie Gerber, Director of regulatory and compliance solutions provider TRAction Fintech. As some of the largest-scale reforms for the European financial services industry, MiFID II and MiFIR which will be implemented on Wednesday, 3 January 2018 are set to cost billions of dollars in implementation costs and ongoing compliance…
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Equiti Group, the parent company of prime brokerage provider Divisa Capital and Retail FX arm Equiti Global Markets (Equiti.com), has released its first in-depth World Economic Performance Report today, published in both English and Arabic. The report provides comprehensive fundamental and market analysis, and insights on key global market as well as commodities and currencies,…
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Saxo Capital Markets Pte Ltd, the Singapore arm of Copenhagen based online trading giant Saxo Bank has announced the launch in Asia of SaxoSelect, its fully digital and automated investment service. This launch follows the successful implementation of SaxoSelect in Europe in January 2016. SaxoSelect is available for clients with Saxo Capital Markets. SaxoSelect offers…
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Warsaw based X Trade Brokers Dom Maklerski SA (WSE:XTB), which operates Retail Forex broker XTB.com as well as the X Open Hub trading platform, has indicated in regulatory filings that the company will not be paying out a dividend from its first half 2017 net earnings of zl 24.5 million (USD $6.9 million). Instead, XTB's…
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The following article was written by contributor Kat Smith. As a business owner, you make dozens of important decisions to run your company each day. To make informed decisions, you need accurate and timely accounting information, and selecting the right type of accounting software is hugely important. Use these tips to make an intelligent decision regarding…
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The U.S. Commodity Futures Trading Commission (CFTC) obtained a Consent Order against Defendants Joseph Dufresne (a/k/a/ Joseph James) and Megan Renkow (a/k/a Megan James), both of Palos Verdes Estates, California, and their companies, United Business Servicing, LLC and United Business Servicing, Inc., doing business as SchoolofTrade.com (SoT), who were charged with fraud and other violations in connection with the offer and sale…
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After our exclusive report last week that senior market analyst James Hughes had left GKFX for the UK operation of AxiTrader, GKFX hasn't taken much time in naming a replacement for Mr. Hughes in the person of David Morrison. GKFX announced this morning that David Morrison is leaving spread betting firm Spread Co to join GKFX’s…
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NEX Data operates within the NEX Optimisation unit of NEX Group PLC (LON:NXG), has announced that it has launched a series of US Treasury Benchmarks to provide enhanced transparency and pricing information to the US Treasuries market. The new benchmarks will be published at 11am, 3pm, 4pm and 5pm in the New York trading day and…
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The following article was written by Amir Vaknin, CEO at SpotOption. In 2009, a person or group of persons working under the pseudonym, Satoshi Nakamoto, released the world’s first cryptocurrency, called Bitcoin. While the idea of a currency beholden to no nation or bank was exciting enough, the entire online trading industry soon realized that…
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After landing a number of Vietnam based clients including brokers Saigon Securities and VNDIRECT, Paris based electronic trading technology provider Horizon Software has announced its commitment to help develop Warrant market expertise within the Vietnam market. A key challenge was to provide business knowledge of the Covered Warrants issuing and market making business to help stimulate…
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