Iñigo Rumayor, co-founder at Arcus, commented: Edrizio de la Cruz and I began this company to help immigrants like us have a proper way to track our finances and send money home. For nearly a decade, we have grown from those aspirations to help pave the way toward greater financial inclusion in Latin America. We’ve…
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Through membership with the Financial Commission, brokerages and their clients can benefit from unbiased 3rd party mediation platform that helps resolve complaints in instances when parties are unable to directly come to an agreement over disputes. The Financial Commission helps facilitate a simpler and faster resolution process than through typical regulatory channels such as arbitration…
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Fractional shares allow traders to buy a "slice" of stock that represents a partial share. Clients of the company can buy 1.5 or 1.05 of any company shares available on the platform. Тhe minimum order volume remains the same – 1 share. RoboMarkets reminded that conditions for Free Commission (when clients can buy shares without…
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NeoXam DataHub will enable asset managers and market participants to connect to new data sources faster and cheaper compared to legacy data management or in-house solutions. The solution addresses the challenges that come with aggregating and managing vast amounts of reference and market data in order to accurately manage and report financial positions. Philipp Sfeir,…
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The FCA warned: This FCA authorised firm that fraudsters are claiming to work for has no association with the ‘clone firm’. Clone firm is a term the British financial authority uses for a company that uses details form an FCA-authorised firm in order to convince people that they are the real company. The UK watchdog…
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According to ASIC’s announcement, Caddick operated without an AFS licence between October 2012 and November 2020. This decision made by the court follows a three-day hearing held on 29 June 2021. There were criminal charges brought up in march against Caddick, however, they were withdrawn in order to enable civil proceedings in the Federal Court…
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Before joining Euroclear in 2018, Paprocki was CEO of ING Tech Poland. There, he was responsible for the company’s IT technology hub, overseeing full global IT delivery. Paprocki holds a postgraduate MBA Degree from Warsaw University of Technology. In his new position at Euroclear, he will continue the company’s IT transformation into new technologies, reinforcing…
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Frahm noted that the acquisition will not impact FairXchange clients and employees’ everyday business. The trading analytics firm fits with United Fintech’s strategy of acquiring Capital Markets software products ready for scaling and global roll-out on its platform. United Fintech aims to help big banks and financial institutions accelerate the implementation of digital technology. Guy…
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David Vincent, Chief Executive Officer & Co-Founder at smartTrade Group, said: For both smartTrade and TickTrade customers, the combination is extremely compelling. It brings two industry-leading technologies together – one complementing the other, creating a unique breadth and depth of product capabilities. Baha Ohcebol, Co-Founder of TickTrade, commented: This is great news for TickTrade customers.…
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The new additions follow an expansion of Saxo’s offering with 520 stock tickers in October. They included some of the most traded companies from major stock exchanges in Europe and Asia, as well as a range of stocks and single-stock CFDs on US exchanges which have been available since July. Saxo Bank noted that the…
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