After jettisoning (virtually) its entire Binary Options business and giving up its CySEC CIF license, TechFinancials Inc (LON:TECH) announced today that as scheduled, its Blockchain based online diamond exchange CEDEX will launch its ICO token pre-sale event today, March 16, 2018 at 10:00 GMT. CEDEX has set the sale price of the CEDEX coins at 1…
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Electronic trading solutions provider TradingScreen has announced that Surika Vosloo has joined the company as the European Product Manager for the company's flagship OEMS Platform. In this role, Surika will focus on strengthening and extending TradingScreen's product offering in Trading and Analytics. Surika Vosloo brings nearly a decade of industry experience to TradingScreen and a proven…
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London based electronic trading firm and exchange operator NEX Group PLC (LON: NXG) issued a press release late Thursday entitled Statement re press speculation, confirming that it has received a preliminary approach by US rival CME Group Inc (NASDAQ:CME) regarding a potential acquisition of NEX by CME. NEX issued the statement after a number of US…
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Swiss online banking and brokerage leader Swissquote Group Holding SA (SWX:SQN) has announced that it has launched the first actively managed multi-cryptocurrency Certificate, called "Multi-Crypto Active Index". The Multi-Crypto Active Index allows mainstream investors to invest in a diversified portfolio of four different cryptocurrencies through a traditional financial vehicle publicly traded on the SIX Swiss Exchange.…
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Better late than never. Long after most of its UK online trading rivals launched cryptocurrency trading, CMC Markets Plc (LON:CMCX) has announced that it will launch CFD and spread betting on the original bitcoin and ethereum cryptocurrencies paired against the US dollar. However, the crypto offering will only be available at CMC (at least initially) to its…
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There seems to be some confusion out there regarding a circular issued today by Spanish financial regulator CNMV, entitled (translated from the original Spanish): The CNMV approves a Circular that establishes new warnings on financial instruments considered especially complex. The issue of warnings required by the CNMV aren't new - they were introduced for Spanish traders…
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LeapRate Exclusive... LeapRate has learned that MENA and New Zealand FX brokerage group Direct Trading Technologies (DTT) is in the latter stages of applying for and receiving an FCA license. The company plans to launch an FCA registered brokerage, to be based in Canary Wharf, London. DTT UK is expecting to launch in the summer…
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Copenhagen based multi asset broker has continued its global expansion and, in particular, its growth in China and the Far East with a new partnership announced today with Valuable Capital Group, part of Chinese online media giant SINA Corp (NASDAQ:SINA). The new partnership comes just several days after Saxo Bank appointed a new China CEO, hiring…
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New European broker FX88 has announced that it has added Spanish and Polish languages to its website, amid demands for trading in these regions. In line with its brand-new website, FX88 now provides trading information in three languages. Founded on knowledge, expertise and a passion for trading the markets, the FX88 team stated that it…
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In a new Google Adwords Advertising Policy blog post titled Financial Services: New restricted financial products policy (see full text below), online giant Google let the world know what had been speculated on for a while - that it was going to ban ads for cryptocurrencies, as part of its plan to 'clean up' digital…
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