CPT Markets UK, previously Citypoint Trading, the FX and CFD trading firm has just announced that it has become a member of the London Stock Exchange. Nick Lewis, the CEO of CPT Markets UK, commented on the news: Even though CPT Markets UK has been operating out of the UK for more than 10 years,…
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Financial institutions and anyone providing online financial services – take note – your next wave of potential customers, labeled “Generation Z” for anyone born in 1995 and beyond, is very sensitive to the risks of cyber fraud, especially to electronic apps on their smart phones or tablets or even PCs. By 2020, this grouping of…
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The economic tension between Washington and Beijing is soaring. The White House has currently refused to back up a World Bank loan program for China - a loan that is worth $1 billion per year. The funding plan which is for five years was discussed on December 5th, 2019. The program is known as the…
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The fintech industry in Nigeria is becoming more popular and startups are capitalizing on the trend. Migo, a Nigerian fintech startup is a company that focuses on offering credit-as-a-service to big companies. Migo has recently raised a Series B round of $20 million - a round that was led by Valor Capital Group, a Brazil-focused…
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Moscow Exchange (MOEX) has announced its financial results for November 2019. Total trading volume across Moscow Exchange’s markets was RUB 62.6 trln last month, a decline of 10% from last year's RUB 69.7 trln. Equity Market helped the most, up 59.6%. The number of trading days in November 2019 was 20 (21 trading days same…
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Deutsche Börse has announced earlier this week that its cash markets generated a turnover of €126.7 billion in November, a decrease of 10% YoY. €113.4 billion were attributable to Xetra (previous year: €129.0 billion), bringing the average daily Xetra trading volume to €5.4 billion. Trading volume on Börse Frankfurt was €2.7 billion (previous year: €2.8…
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Fintech company Integral has released its volumes report for the month of November. Average daily volumes (ADV) across Integral platforms totaled $34 billion last month. This represents a drop of 7% MoM. LeapRate reminds that Integral and Jefferies, a global investment banking firm, have recently launched a fully integrated service designed for buyside firms to conveniently…
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Canada’s Ontario Securities Commission (OSC) has recognized that Bitcoin is a legitimate market, trading in millions of dollars per day in a host of exchanges. For that very reason, it has reversed a prior decision and given a green light for a Bitcoin Fund IPO, which will offer participations to retail investors. With this simple…
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Fintech software provider of financial solutions TechFinancials Inc (LON:TECH) announced that they have decided to make substantial adjustments to their operating structure and cost base while seeking to develop its newer blockchain based businesses. The company's 51% owned B2C subsidiary, DragonFinancials has suffered from an increasingly challenging regulatory and business environment, resulting in losses which started in…
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Boerse Stuttgart has released its volume report for the month of November and has generated turnover of around EUR 6,1 billion, up 14% YoY. Securitised derivatives made up the largest share of the turnover with a trading volume of around EUR 2,4 billion. Leverage products generated more than EUR 1.3 billion. Investment products contributed over…
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