The EU’s securities markets’ regulator ESMA has just published a statement addressed to providers marketing, distributing or selling CFDs to retail clients. The regulator pointed out that it has serious concerns about firms’ marketing, distribution or sale of CFDs to retail clients and reminded CFD providers about some of the requirements connected with the offering…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 12, 2019. See details below: FOREX The US Dollar continues to record losses against other major currencies, as the momentum started earlier in the week keeps the greenback under selling pressure. Following much better than expected US employment figures, the…
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Australian regulator ASIC has announced earlier today that it has decided to cancel the AFS licences of the following two companies - CWS Mortgage Ltd and Australian Mutual Holdings Limited. CWS operated the CWS Mortgage Fund ARSN 094 313 096 (Fund), a registered managed investment scheme and the licence cancellation took effect on 26 June…
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The Financial Markets Authority (FMA) has recently added few more companies to its list of unregulated firms. The newest additions are Skyway Capital/Skyway Group and MBI International/MFC Club. Skyway Capital/Skyway Group Trading name: Skyway Capital Associated entities: SkyWay Investment Group, RSW Investment Group Ltd Address: 10 Great Russell Street, London, United Kingdom WC18 3BQ. Phone:…
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Representative Maxine Waters, a Democratic Congresswoman from California, takes her job seriously as the chair of the House Financial Services Committee. During a grilling session of Fed Chairman Jerome Powell, which happens twice a year, she made it known that she is on personal crusade against Facebook's blockchain token Libra. In a hearing that was…
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Once more unto the breach, dear friends, once more… Bitcoin tried valiantly for a second time in 30 days to breach the $13,000 “wall”, but, unfortunately, was pushed back down below $12,000. Resistance has thickened on these ramparts on the way to a new All-Time-High, but the market leader has definitely been persistent. Volatile swings…
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Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has announced that it has teamed up with Visa Direct, Visa (NYSE:V)’s real-time push payments platform.The partnership has been made in order to help power faster payouts for insurance-as-a-service company Setoo. Visa Direct is a real-time push payments platform that allows for funds delivery directly…
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The Cyprus Securities and Exchange Commission (CySEC) announces that, on 27th May 2019, the Company Providing Administrative Services Z. Holender Cyprus Office 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’). The Company’s authorisation with Νumber 138/196, which…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for July 11, 2019. The text below is an excerpt and does not contain the full analysis. As was widely expected, the Federal Reserve came out in strong support of the financial markets yesterday. What wasn't…
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The following article is courtesy of Nikolas Papas, Market Strategist, InvestingCube.com and ATFX. Netflix (NASDAQ: NFLX) focus has turned to international expansion as the fast-growing company is looking for new clients. Netflix is working on projects across many countries such as Italy, Mexico, Brazil, Spain, Germany, France, and Turkey. It also has a strong portfolio…
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