Barry Flanigan, Head of Distribution and Liquidity, IS Prime commented: A number of our clients use FDC as a front-to-back solution and it is important for us to connect with the platforms our clients choose to use. Condor FX Pro is a relatively new platform which is rapidly gaining traction globally and this partnership will…
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MIR Capital S.C.A Addresses: One Canada Square, Canary Wharf, London, United Kingdom E14 5AB; Luxembourg Office (Headquarters), 19-21 boulevard du Prince Henri, Luxembourg L-1724 TelePhone: +44 20 71839831, +44 20 7183 9851, +352 20 88 27 72 Email: [email protected], [email protected], [email protected], [email protected], [email protected], [email protected] Website: https://www.mircapitalsca.com/ Lombard London / Lombard AM (Clone of FCA authorised…
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What to watch Cintas: Uniform and business supplies firm Cintas has added 28.6% to its share price year-to-date. While mass work from home has reduced demand for some of its services, it has led to a surge in demand for cleaning and disinfectant supplies. The firm delivers its latest set of quarterly earnings today, where…
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Nick Kynoch, FMA General Counsel, said the FMA recognised many victims of Robertson and McCall had suffered significant losses and distress. The New Zealand regulator was pleased these investors would soon start to receive some of their money back. Kynoch commented: Victims of Robertson and McCall had their trust abused and many were plunged into…
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OIL The oil price was hit by the risk off seen on markets in the last 36 hours. Growing fears about the new UK variant of the coronavirus, generated a sell off on both European stocks and oil. For WTI we have a quite significant support zone between $46.50 and $47 per barrel, which triggered…
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Robots in the fintech industry The fintech industry, as its terminology betrays, is of course known for embracing new technology and artificial intelligence. AI and robotics have been evolving year after year and are now enabling fintech companies to provide services that once could only be carried out by teams of individuals, increasing their competitive…
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The former Syndey financial advisor pleaded guilty to a charge that, between June 2011 and April 2012, he used his position as a director dishonestly, with the intention of gaining advantage for either himself or Flowers Financial Management, by causing the transfer/withdrawal of $179,500 of seed capital. Flowers also pleaded guilty to a charge that,…
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The pound’s fall today has been quite dramatic on the chart, with none of the 50, 100 or 200 SMAs providing any clear support. However, buying volume has been unusually high for the time of year so far today, so there is clearly some demand to push sterling back up toward the value area at…
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Samer Mourched, Group Chief Operating Officer, commented: We are pleased to have Ahmad Al-Alem join our team as Regional Sales Director. I am confident that through his dynamic approach he will excel in his new role and will ensure strong coordination amongst our sales teams. His wide-ranging experience will allow us to better serve our…
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CS&C’s general pool held firm and client money for both UK and non-UK clients. The FCA determined that the CSUK failed to arrange adequate protection for its clients’ assets under UK rules including: The firm did not have the right records and accounts to identify its customers’ client assets The firm did not undertake internal…
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