Michael Spencer, city tycoon and founder of market operator ICAP, now NEX Group, has decided to make a substantial contribution to a new UK fintech fund. Spencer plans to invest at least £25 million in the UK fund Element Ventures, through his private holding company IPGL. This is one of the largest investments made by…
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Autoriti Monetari Brunei Darussalam (AMBD) and the Monetary Authority of Singapore (MAS) have announced earlier this week that they have decided to expand their cooperation. Both sides have signed an enhanced Memorandum of Understanding (MoU) on Bilateral Cooperation at the 3rd AMBD-MAS Bilateral Roundtable. The enhanced MoU builds on the longstanding cooperation between both countries…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for January 23, 2020. This is not a trading advice. See details below: FOREX The leading narrative in the foreign exchange markets is one of fear, amid concern that the virus causing panic in the Chinese city of Wuhan may have the…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for January 22, 2020. Markets have bounced back this morning following yesterday’s coronavirus influenced sell off. China has taken measures to contain the virus including minimising public gatherings in the worst affected areas. This is in contrast to…
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LiquidityBook reported yesterday record growth for sales and clients in 2019. LiquidityBook is a New York based fintech firm that provides Software-as-a-Service (SaaS) for buy- and sell-side trading solutions. The company attributes its record gains and accomplishments to the increasing interest of investment managers in its portfolio, order and execution management systems (POEMS) platform. The…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for January 22, 2020. This is not a trading advice. See details below: FOREX In the absence of any significant news or major data, the foreign exchange market appears to be driven by a resurgence in risk appetite that emerged during the…
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Clearstream and UBS to embark on a long term partnership in investment fund services, Deutsche Börse Group announced yesterday. Clearstream is to acquire 51 per cent of Zurich-based fund distribution platform Fondcenter AG for CHF 389 million. UBS will keep the remaining 41 per cent of the shares according to a joint agreement between the…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for January 21, 2020. Global markets are all in the red this morning as China reports a fourth death from the deadly new coronavirus. It has also been confirmed that the disease can spread from human to human.…
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GMO-Z.com Trade UK Limited, FCA-regulated and an affiliated company of GMO CLICK Securities Inc., has just announced that it has teamed up with RegTech solutions muinmos PASS and NorthRow. The company aims to accelerate its client onboarding processes for its forthcoming prime-of-prime brokerage services. GMO-Z.com’s prime-of-prime brokerage services will be offered under the new Z.com…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for January 21, 2020. This is not a trading advice. See details below: FOREX The yuan is down more than 0.4% against the US dollar during the early part of Tuesday’s session, as fears grow over reports of a new SARS-like virus…
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