January 18, 2018 BY AMarkets
January Forex Trade Ideas: A Time Absurdly Good
2017 was “absurdly good”, 2018 is shaping up no worse.
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January 18, 2018 BY LeapRate Staff
ESMA moves forward with CFD trading rules, considers Crypto 5x leverage limit
Exactly a month after dropping its bombshell proposal of a hard 30x cap on CFD leverage, European pan financial regulatory body ESMA has taken the next step in enacting its proposals by formally opening a 'call for evidence' from the public and affected parties to give formal feedback on its proposals. The consultation period will…
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January 18, 2018 BY Valentina Kirilova
SafeCharge reports record Revenues in Q4-2017, December volumes top $1 billion
Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has just provided the following pre-close trading update for the year ended 31 December 2017. The Group generated record revenues and transaction processing volumes in Q4, with the latter exceeding US$ 1 billion for the first time in December. This excellent Q4 performance followed a…
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January 18, 2018 BY LeapRate Staff
Global Brokerage files to qualify its 'new' $172.5M debt to replace Convertible Notes
Global Brokerage Inc (OTCMKTS:GLBR), formerly known as FXCM Inc, has taken the next step in its Chapter 11 bankruptcy reorganization, filing a 'T-3' form with the US Securities and Exchange Commission (SEC) to qualify the new debt it will issue to current holders of the company's $172.5 million of outstanding Convertible Notes. The new debt will…
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January 17, 2018 BY Valentina Kirilova
Barbican Insurance Group partners with FICO to enhance cyber underwriting
Silicon Valley analytics firm FICO today announced its partnership with Barbican Insurance Group, a multi-platform insurance group that underwrites business predominantly through its syndicates at Lloyd's of London, and which provides global cyber insurance coverage to its insureds. Barbican will use the FICO® Enterprise Security Score to measure the cybersecurity risk of insureds, and will…
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January 17, 2018 BY Valentina Kirilova
Dubai Financial Market launches the Allocation Account mechanism
Dubai Financial Market (DFM) informed that it has today launched the Allocation Account mechanism as part of its continuous efforts to create the mechanisms and services that support the trading activity of various market participants. The Allocation Account enables brokerage firms to use a combined account with the clearinghouse in order to execute buy and…
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January 17, 2018 BY Valentina Kirilova
Torstone Technology enters Norwegian market
Establishes connectivity to the Norwegian Central Securities Depository Torstone Technology, a global provider of post-trade securities and derivatives processing, today announced that it has entered the Norwegian market by connecting its flagship Inferno platform to Verdipapirsentralen ASA (VPS), Norway’s Central Securities Depository. Inferno is a modern, flexible, scalable and cost-effective post-trade platform which will enable…
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January 17, 2018 BY Valentina Kirilova
CME Group announces Henry Hub Natural Gas futures all-time daily volume record
Derivatives marketplace CME Group (NASDAQ:CME) has announced it reached a daily trading volume record for Henry Hub Natural Gas futures on January 12, 2018, of 1,022,858 contracts - surpassing the 1 million milestone for the first time. The previous single-day trading volume record was 995,129 contracts set on January 11, 2018. CME Group offers Henry…
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January 17, 2018 BY Valentina Kirilova
Abu Dhabi Securities Exchange signs Memorandum to support adoption of DLT
Abu Dhabi Securities Exchange (ADX), the region's financial market, announced that it has signed a Memorandum of Understanding (MoU) with the Society for Worldwide Interbank Financial Telecommunication (SWIFT) and seven leading global Central Securities Depository (CSD) companies to collaborate on Distributed Ledger Technology (DLT) implementation in post trade operations, as well as capital market transactions.…
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January 16, 2018 BY Valentina Kirilova
TraderTools selects Abacus Group to host its FX trading technology
Abacus Group, a provider of hosted IT solutions and application hosting for alternative investment firms and financial services software providers, today announced its newest software application hosting client, TraderTools. TraderTools, a financial technology firm providing FX market participants innovative solutions for liquidity access and distribution through its Unique Liquidity Network™ (ULN™), has completed migrating all…
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