After a record first half of the year which saw more than $2 trillion of client trading volumes booked, FCA and CySEC licensed Retail FX broker Exness has reported July FX trading volumes of $343.5 billion - 11% above June's $308.6 billion and one of Exness' busiest months ever. Exness saw 44,135 active traders in July, up from…
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As the world marks a day against trafficking in persons, Rani’s Voice, a global social enterprise focused on human trafficking prevention, announced that it is joining forces with information giant Thomson Reuters (NYSE:TRI) in a public-private coalition, to help step-up the fight against financial crime and modern slavery. Human trafficking and other financial crimes have…
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Abu Dhabi based financial services company ADSS - which recently rebranded from ADS Securities - has announced that it is strengthening its legal team as further international regulations come into force. The company said that the firm's commitment to good governance and compliance across all the jurisdictions in which it operates is an essential part of…
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FCA and CySEC licensed Retail FX broker Exness has announced that it starts offering its clients trading via MetaQuotes' fifth generation platform MetaTrader 5. The total trading volume of the broker in 2017 comprised over 3.2 trillion USD, while the average monthly turnover exceeded 270 billion USD. The number of active clients as at May 2018 was…
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CLS, a market infrastructure group delivering settlement, processing and data solutions, has just announced that the first Japanese-domiciled funds have access to CLSSettlement as third-party clients. Asset manager Fidelity International and The Master Trust Bank of Japan, Ltd (MTBJ), a trust bank exclusively engaged in asset management, have the first Japanese-domiciled funds to settle foreign…
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London based Retail FX, CFDs and Spreadbetting broker London Capital Group (or LCG) has announced that it has received FCA approval for the transaction which will see the operations of the brokerage transferred to a private company controlled by Charles-Henri Sabet, called SLCG International DMCC. The publicly traded company now retains 8.5% of the issued share…
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GECKO Governance, which recently launched its new ICO compliance solution, GECKO Crypto1, has just announced that Trevor Koverko, Founder and CEO of Polymath, the security token launch pad, has joined its advisory board. I’m very excited to be coming on board as an advisor to GECKO Governance, which has launched the Crypto1 solution for the…
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UK financial regulator The FCA has issued a statement targeted to brokers, regarding the selling of high-risk speculative investments to retail clients following ESMA’s action on CFD products. In June 2018, the European Securities and Markets Authority (ESMA) finalised temporary measures to restrict the sale, marketing and distribution of contracts for difference (CFDs) to retail…
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Al Hilal Bank has just announced a new partnership with the Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, aimed at promoting Islamic Finance in Abu Dhabi and across the UAE. The Memorandum of Understanding (MoU) was signed by Alex Coelho, Chief Executive Officer at Al Hilal Bank, and Richard Teng,…
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Credit Financier Invest (DIFC) Limited, or CFI Dubai, part of the CFI Financial Group has announced the launching of its new enhanced liquidity dedicated for Institutional Clients, dubbed as CFI’s ULTIMATE LIQUIDITY STREAM. The company stated that CFI’s ULTIMATE LIQUIDITY STREAM is the ultimate top of book pricing layer designed to cater for institutional clients’ needs. Among…
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