Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for August 6, 2019. The text below is an excerpt and does not contain the full analysis. Hi Everyone, We've got Tezos!! Seems like a really cool blockchain. Like Libra, the Tezos company is headquartered in…
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CLS has just announced that it has included China CITIC Bank International Limited (CNCBI) to its CLSSettlement as a third-party client. CLS noted that CNCBI is the first Chinese bank to have access to CLSSettlement. Industry initiatives such as the introduction of the FX Global Code have further increased awareness of the need to adopt…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for August 6, 2019. See details below: GOLD & OIL It is quite clear that the trade war is having opposite impacts on gold and oil prices. The barrel is a victim of this scenario: the price has collapsed last week and…
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Leading online Swiss bank Swissquote Group Holding SA (SWX:SQN) reported net revenues of CHF 112.2 million for the first half of 2019, equaling the high figure posted in the same period of the previous year. Pre-tax profit of CHF 25.1 million was lower YoY. On the strength of a net new money inflow of CHF…
Read moreThe Securities and Exchange Commission (SEC) in the U.S. has published a request for blockchain support. The agency wishes to outsource the task of running nodes on the BTC, ETH, and XRP blochchains, ostensibly “to support its efforts to monitor risk, improve compliance, and inform commission policy with respect to digital assets.” The Trustnodes news…
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Liquidity and tech provider of solutions for the crypto and FX industry, B2Broker, just announced that it has integrated 5 new payment systems into its Trader’s Room platform. The new payment systems, Ikajo, PayRetailers, Simplex, Einstein and GreenBox make the total number of payment systems integrated by default to more than 20, through which customers…
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International financial services firm ADSS has announced that it has teamed up with Tradesocio in order to become one of the major liquidity providers available to the company’s institutional clients. The partnership between the two companies aims to enhance the trade execution capabilities offered through Tradesocio Marketplace. Financial services providers adopting Tradesocio’s technology will now…
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As the old adage goes, “If something can go wrong, it will.” Unfortunately, LedgerX, a current issuer of options and swaps in the U.S., was primed and ready to be the first firm to offer “real” Bitcoin futures contracts, ones that “physically settle in kind”, not in cash. In fact, it had announced proudly that…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for August 5, 2019. See details below: FOREX The Yuan devalued over 1% against the US Dollar during early Monday trading, the sharpest drop for the Chinese currency, since the 2008 financial crisis, with one Dollar now worth more than 7 Yuan.…
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The Cyprus regulator CySEC announced that the company Hellenic Secretarial Services Ltd waived its authorisation pursuant to section 16(1) of the Law Regulating Companies Providing Administrative Services and Related Matters of 2012, as in force (the ‘Law’). Hellenic’s authorisation with Νumber 131/196 lapsed as from 1st July 2019 and CySEC has permanently deleted Hellenic Secretarial…
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