INTL FCStone Inc. announced today the acquisition of GAIN Capital Holdings, Inc. The agreement is approved by the board of directors of both companies. INTL FCStone agreed to acquire GAIN Capital for $6.00 per share in all-cash transaction, amounting to approximately $236 million in equity value. INTL FCStone also agreed to make an offer at…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for February 27, 2020. Markets are in the red again this morning but interestingly it is China which is holding up the best with the CSI 300 index in the black. However, other Asian bourses including both the…
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Financial secretary of Hong Kong Paul Chan, announced yesterday in his annual budget speech that he is considering changes of the regulation in the cryptocurrency sector to strengthen the anti-money-laundering (AML) norms and counter-terrorist-financing (CTF) policies. Financial Secretary Chan indicated in his speech that he was following recommendations form global financial regulator, Financial Action Task…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for February 27, 2020. This is not a trading advice. See details below: FOREX The US dollar is losing ground to other major currencies due to investor anxiety over the coronavirus spreading into the United States. The first case of an infection not related to…
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Finastra announced yesterday the addition of four new retail banking apps on its marketplace FusionStore. The app was first built in the end of last year and includes innovative saving, spending control and personal finance management services. They use open APIs through the FusionFabric.cloud development platform. The apps include: Flybits, а contextual customer engagement platform…
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oneZero Financial Systems announced on Tuesday that the global market maker Citadel Securities has expanded FX pricing to oneZero’s data center hosted in Equinix TY3, thus making its pricing global within oneZero’s EcoSystem. The collaboration started in 2018 and now Citadel Securities has presence in oneZero’s NY4, LD4 and TY3 data centers. The partnership allows…
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TrueFX, spot trading facility delivered by Integral, announced today the launch of Clearing Member network. Axicorp, FXCM, Velocity Trade and TrueFX have formed a partnership to support customer access to the ecosystem. The collaboration allows clients to clear through Jefferies FXPB, TrueFX’s central credit counterparty, or open an account with a TrueFX Clearing Member and…
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Regulation provides with trust in the otherwise risky industry, it gives Forex brokers framework to guide them. Licenses mean that brokers have gone through a vetting process, their legitimacy has been confirmed. Thus, making them safer in holding your money and accessing investments and financial markets. Licenses help brokers to form and maintain meaningful partnerships…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for February 26, 2020. Once again markets are a sea of red this morning as investors seek safe-havens as concerns grow over the coronavirus outbreak. European markets have fallen sharply again and US futures are pointing towards more…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for February 26, 2020. This is not a trading advice. See details below: FOREX The Swiss franc has been the outstanding currency since the coronavirus crisis gathered momentum in Europe at the end of last week, perfectly incarnating its role as a safe haven as…
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