February 27, 2020 BY Steffy Bogdanova

oneZero broadens partnership with Citadel Securities

oneZero Financial Systems announced on Tuesday that the global market maker Citadel Securities has expanded FX pricing to oneZero’s data center hosted in Equinix TY3, thus making its pricing global within oneZero’s EcoSystem. The collaboration started in 2018 and now Citadel Securities has presence in oneZero’s NY4, LD4 and TY3 data centers. The partnership allows…

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February 26, 2020 BY Steffy Bogdanova

TrueFX teams up with Axicorp, FXCM and Velocity Trade to launch Clearing Member network

TrueFX, spot trading facility delivered by Integral, announced today the launch of Clearing Member network. Axicorp, FXCM, Velocity Trade and TrueFX have formed a partnership to support customer access to the ecosystem. The collaboration allows clients to clear through Jefferies FXPB, TrueFX’s central credit counterparty, or open an account with a TrueFX Clearing Member and…

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regulations
February 26, 2020 BY Steffy Bogdanova

Why Forex regulation matters and what to expect in 2020?

Regulation provides with trust in the otherwise risky industry, it gives Forex brokers framework to guide them. Licenses mean that brokers have gone through a vetting process, their legitimacy has been confirmed. Thus, making them safer in holding your money and accessing investments and financial markets. Licenses help brokers to form and maintain meaningful partnerships…

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SafeCharge launches Identity Manager
February 26, 2020 BY Steffy Bogdanova

SafeCharge enters new European markets with Fortuna Entertainment Group

SafeCharge, a Nuvei company, announced yesterday its entry into Slovakia and the Czech Republic and markets with Fortuna Entertainment Group, a betting and gaming operator in Central and Eastern Europe. SafeCharge is also further developing their payment processing capabilities in other countries including Romania and Croatia. Fortuna can accept all standard, local payment methods specific…

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AFM imposes an order for incremental penalty payments on Miscanthus Green Power B.V.
February 26, 2020 BY Steffy Bogdanova

AFM fines Esperite for late publication of annual figures

Dutch Authority for the Financial Markets (AFM) imposed an administrative fine on biotech company Esperite N.V in the amount of €312,500, on 14 February 2020. Esperite failed to make its finances of 2017 and 2018 publicly available on time. Esperite’s deadline for its annual revenue of 2017 was on 30 April 2018 but the report…

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fma warning
February 20, 2020 BY Steffy Bogdanova

FMA hosted debate on passive vs active management

Investment industry leaders from New Zealand were gathered in Auckland last night to debate whether passive or active fund management was best. The debate was hosted by Financial Markets Authority (FMA), on topic: ‘passive management gives investors the best outcome’. Most KiwiSaver funds and managed funds in New Zealand favor active management, however passive management…

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February 20, 2020 BY Steffy Bogdanova

IG Group's five predictions for the future of trading

The multi-platform trading company, IG published predictions of what the future of trading would look like. Thirteen financial writers and analysts submitted their predictions for what trading might be like in the year 2069. Here are the top five: 1. Thought powered trading Trading platforms will be controlled by trader’s minds allowing to open or…

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February 20, 2020 BY Steffy Bogdanova

New Zealand FMA adds three new companies to its warning list

SL Markets appeared yesterday on the New Zealand Financial Markets Authority (FMA) list of alerts and warnings. The company's website states that it uses National Cloud Service Co Limited’s financial service provider registration details. However, SL Markets is not associated with the New Zealand incorporated company National Cloud Service Co Limited.  SL Markets also claims its operations are…

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February 20, 2020 BY Steffy Bogdanova

Nuvei teams up with Max Group and agrees to sell CreditGuard

Nuvei, electronic payment processing company, announced yesterday its strategic partnership with the Max Group (MAX), Israel-based financial institution. The collaboration will allow MAX’s commercial customers who wish to set up business activities outside of Israel access to Nuvei’s payment acquiring network in Europe, North America, Latin America, and Asia Pacific. Nuvei also agreed to sell…

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