etf
January 14, 2020 BY Valentina Kirilova

Europe's first medical cannabis ETF listed on Xetra

Deutsche Börse has informed that, as of Tuesday (January 14th), a new Exchange Traded Fund (ETF) of Purpose Investments is tradable on Xetra and Börse Frankfurt. The ETF will be tradable via the white label platform of HANetf. The Medical Cannabis and Wellness UCITS ETF is the first ETF in Europe to offer investors access…

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fca warning
January 14, 2020 BY Valentina Kirilova

FCA issues more warnings against unauthorised companies

The UK watchdog FCA has issued some more warnings against unauthorised companies this week. The names of the latest additions to the regulator’s warning list are Compare ISA deals, Porter Todd Law, Noble Grossart Bank, Kurt Barremaecker. According to the regulator, the fraudsters are using or giving out the following details as part of their…

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forex market crypto news and updates
January 14, 2020 BY Valentina Kirilova

Daily Market News: Visa picks up fintech Plaid for $5.3bn

Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for January 14, 2020.  UK housebuilder Taylor Wimpey said this morning its full year 2019 results would meet expectations “despite ongoing economic and political uncertainty.” The UK housing market has been seen as a barometer of Brexit sentiment…

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CySEC fines
January 14, 2020 BY Valentina Kirilova

CySEC fines Solid Financial Services Limited €10,000

Cyprus regulator CySEC has yesterday announced that it has decided to impose a total fine of €10.000 to the company Solid Financial Services Limited. The company did not ensure that the details regarding derivative contracts concluded were reported to a trade repository. Solid Financial Services Limited has also provided a false statement regarding its reporting…

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Daily Market analysis
January 14, 2020 BY Valentina Kirilova

Daily market commentary: The yuan climbs high against the dollar

ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for January 14, 2020. This is not a trading advice. See details below: FOREX The yuan climbed to its highest level against the dollar since July, hitting 6.8657 during the latter part of Monday’s session. The Chinese currency is drawing strength from…

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volumes
January 14, 2020 BY Valentina Kirilova

TriOptima reports a new record for FX forwards compression

TriOptima, the multilateral compression provider that lowers costs and mitigates risk in OTC markets, has announced that counterparties using the triReduce CLS FX compression service have eliminated $9.1 trillion of gross notional value from their FX forward portfolios in 2019. This new record equates to an annual increase of 71%. LeapRate reminds that the company…

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January 14, 2020 BY Valentina Kirilova

LuxSE signs Memorandum of Understanding with Macau's exchange

The Luxembourg Stock Exchange (LuxSE) has earlier this week signed a Memorandum of Understanding (MoU) with Chongwa (Macao) Financial Asset Exchange Co., Ltd. (MOX) in Macau. MOX is Macau’s only exchange, established in 2018. The cooperation will mostly focus on promoting cross-border investment and liquidity for offshore RMB-denominated financial products. Robert Scharfe, CEO of LuxSE,…

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TradeStation Group launches investment education media service and trading community
January 14, 2020 BY Valentina Kirilova

TradeStation Group launches investment education media service and trading community

TradeStation Group, Inc., a Monex Group company, has announced that it has launched an online investment education media service named YouCanTrade. The latest service has been designed to to help traders, active investors and anyone who wants to learn more about the financial markets. YouCanTrade is owned and hosted exclusively by TradeStation Group's new subsidiary, You Can Trade,…

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forex market crypto news and updates
January 13, 2020 BY Valentina Kirilova

Daily Market News: Is UK property set for a bumper 2020?

Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for January 13, 2020.  Real estate firm Savills delivered a positive year-end update this morning, noting a boost from the election result had helped its business in the UK in particular. The group, which counts the UK and…

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