Recently-launched Cyprus based Retail FX and CFDs broker Capital.com has announced that it has secured a license for UK subsidiary Capital Com (UK) Limited from the FCA. We have learned via regulatory filings that Capital.com's shareholders injected an additional £679,000 of capital into the UK company at the beginning of this month, to satisfy the…
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FCA regulated FX liquidity and Prime of Prime solutions provider CFH Clearing has announced that it has formed a strategic partnership with oneZero Financial Systems, a technology and infrastructure provider for financial institutions and retail brokers. This partnership means CFH can now provide local liquidity from New York (NY4) to brokers and banks. CFH now offers local…
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Deutsche Börse Group and RegTek.Solutions, the global provider of regulatory reporting solutions, have announced a strategic partnership to deliver a certified testing and pre-validation service for clients of Deutsche Börse’s Regulatory Reporting Hub. Available from the fourth quarter of this year, the new service addresses feedback from clients and regulators on ongoing challenges with the…
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Trading solutions provider Spotware has announced the appointment of Alexander Geralis as Chief Product Officer of cXchange, its digital asset exchange solution. In his new role, Alexander will undertake the overseeing of the product’s development and raising awareness on the international arena. Alexander Geralis stated of his appointment: I am proud to join Spotware’s team…
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Binary options platform and broker turned Blockchain company TechFinancials Inc (LON:TECH) has announced that it has entered into non-binding heads of terms with Footies Tech Ltd, a Blockchain based ticketing platform for sports venues and teams, with respect to establishing a new company subsidiary (NewCo). Footies is chaired by Ian Ayre, who was previously Chief…
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UK online trading leader IG Group Holdings plc (LON:IGG) has announced the appointment of June Felix as Chief Executive Officer (CEO) of the Group and as an executive director on the Board of IG with immediate effect. The move comes just one month after IG CEO Peter Hetherington announced his surprise resignation. Until the recent…
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Electronic market maker XTX Markets Limited has today announced it has chosen Paris as its post Brexit European hub. XTX has filed an application with the Autorité de Contrôle Prudentiel et de Résolution, the French regulator, to operate a regulated firm in France. As one of the largest liquidity providers in European equities with a…
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The Financial Conduct Authority (FCA) has just published the complaints figures for regulated firms for the first half of 2018. Complaints continued to increase for the fourth successive half year, reaching a new record level of 4.13 million complaints made to 3,161 firms. This was a 10% increase compared with the previous 6-month period. 98%…
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Forex trading platform developer MetaQuotes has just announced that the new release of the MetaTrader 5 platform features support for deals involving instruments with a minimum volume of 0.00000001 lots. MetaQuotes has added the ability to display volumes with an accuracy of 8 decimal places in the market depth, in the time and sales, as…
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In the latest of a series of senior management moves made after China's Geely Group moved to take control of the company late last year, Copenhagen based Retail FX brokerage group Saxo Bank has announced the appointment of Lars Kufall Beck as Global Chief Financial Officer (CFO), effective no later than May 1, 2019. Lars…
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