The tension between the US and China rose during May, driving risk management in currencies. Total FX futures traded volume on SGX increased 17% MoM in May to 2 million contracts. SGX USD/CNH futures traded volume gained 7% MoM to 724,127 contracts, with month-end open interest 16% higher MoM. Continued uncertainty with India extending its…
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The company expects the performance to revert to normal over the financial year. The revenue and profitability for the full year is expected to be in-line with consensus expectations. David Zruia, Interim Chief Executive Officer, said: We are pleased the business has continued to generate record levels of Customer Income, added over 100,000 new customers…
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Nearly 83.2% of Gain’s shares issued and outstanding as of 23 April 2020, end of business, were present at the stockholder meeting. Close to 71.2% of GAIN’s shares issued and outstanding voted in favor of adopting the Merger Agreement, making up 85.7% of the votes cast. Gain Capital expects the merger to be completed during…
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Launched in February 2019, Eurex has a growing ESG segment with futures on the STOXX® Europe 600 ESG Exclusions, the EURO STOXX 50® Low Carbon and the STOXX® Europe Climate Impact. In October 2019 the company added first exchange-traded ESG options on a European benchmark to its product range. Since its launch, over 1 million…
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The New Zealand watchdog found that Crowd1 and Impact Crowd Technology S.L. re not registered companies or financial service providers in New Zealand. Other overseas regulators such as SEC Philippines and FSC – Mauritius have cautioned against Crowd1. FMA also cautions that Mana Atua Mana Maori, www.atua-gov.org and Sovereign Global Bank of Aotearoa may be…
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AMF added the following websites to its blacklist: www.fortiscapitalmanagers.com www.wavetomarkets.com www.investisafe.com www.brightfinance.co fc-managementgroup.com www.klimek-consulting.com bitcoin-storm.com/fr cryptolegacypro.com/fr ovale-scpi.com cemg-groupe.com creo-conseil.com www.globalmtcorp.com www.act-financial-solutions.com www.groupe-bkint.com www.i-financial-advisor.com https://www.uniontradecenter.com www.mf-capital.fr www.tiic-conseil.com https://fr.uptos.com www.daxbase.com/fr www.bitworldfx.com www.daxioma.com/fr Read More: French AMF warns against several companies French AMF warns against the entity and the website Magaffairs
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The Australian watchdog discovered a number of Forex CT clients suffered significant losses in the size of hundreds of thousands of dollars, including from their superannuation accounts, from investing in these products. Forex CT’s AFS licence will continue to end of July to allow setting a dispute resolution scheme in place and to facilitate the…
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The Australia and New Zealand Banking Group Limited (ANZ) announced the sale of UDC Finance, its asset finance business in New Zealand, for NZ$762 million to Shinsei Bank Limited. The sale is inline with ANZ’s strategy to simplify its business and follows a review of UDC Finance. The purchase price represents a price-to-book ratio of 1.2x…
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So far, the agency has awarded over $500 million to 83 individuals for their help since the first award was issued in 2012. Payment of the awards is taken out of an investor protection fund set up by Congress. It is financed through monetary sanctions of security law violations paid to SEC. To be eligible…
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Hantec Markets Hayel Abu-Hamdan, Group COO & UK CEO said: Our focus at Hantec Markets is to provide an unrivalled trading experience that demonstrates fairness and transparency and to maintain a stable and secure environment for our customers to trade. Our partnership with FxCubic will ensure that we are at the forefront of our industry in terms…
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