When the old USSR collapsed decades ago, a vast number of manufacturing plants in Siberia that had supported the Cold War military industrial complex were forced to shut down. The infrastructure, however, is still in place, waiting for some kind of plan for re-birth, but more importantly, the old hydroelectric power plants that had delivered…
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South African broker QuickTrade just announced that they have launched Meta Trader 5 and have started offering JSE stock trading to their clients. As of today, desktop and web platform versions, as well as mobile apps for Android and iOS, are available to all the company's customers. The offering incorporates 190 trading symbols, including Forex…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for September 3, 2019. See details below: EUROPEAN SHARES European stocks followed the bearish trend started in Asia overnight as global uncertainties linger and traders brace for a difficult month of September. Current declines on global benchmarks are mostly led by the…
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Deutsche Börse’s cash markets just announced their turnover for the month of August. The cash markets generated a rise in turnover by 4% MoM to €130.2 billion last month (€130.0 billion in 2018 and €124.8 billion in July 2019). €117.4 billion were attributable to Xetra (€117.9 billion in 2018), the average daily Xetra trading volume…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Sector Capital Funds Plc. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their…
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Hong Kong Exchanges and Clearing Limited (HKEX) announced that they will launch Indian Rupee (INR) Currency Futures in Q4 2019. The exchange plans to introduce two new futures contracts: the INR vs US Dollar (INR/USD) Futures; and the INR vs Renminbi traded in Hong Kong (INR/CNH) Futures. The INR/CNH Futures contract will be the first…
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Volante Technologies Inc., a global provider of technology and software as a service to accelerate digital transformation and payments modernization, announced that they have added two more names to their team. Executive in Residence and Non-Executive Board Director Harp Grewal has now been appointed COO with responsibility for managing and delivering on the Company’s growth.…
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It took one excruciating week, but Bitcoin bulls gradually recovered from a battering by voracious bears, which had driven the digital asset’s value down below $9,500. The analyst community had soured on the token’s sensational past and had consigned itself to waiting for another visit to the lower realms below $9,000. Several reasons were proffered…
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FinTech company AlgoTrader announced that they have entered a strategic partnership with Avaloq aiming to change the way banking and wealth management clients behave and how financial services will do business in the future. The two companies are creating a global digital asset management ecosystem to enable banks and other financial intermediaries to be prepared…
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Global clearing house LCH announced that they have just added Mizuho Securities Co., Ltd to their members list. Mizuho is the first Japanese financial institution to access LCH SA’s Euro debt clearing services as a member of RepoClear. The financial institution will now have access to the largest netting pool of Euro-denominated debt and will…
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