Category: Forex

asic afs license
May 02, 2019 BY Valentina Kirilova

Australasia Wealth Services and Management’s AFS license suspended

Australian regulator ASIC has announced yesterday that it has just suspended the Australian financial services (AFS) license of Sydney-based financial services provider Australasia Wealth Services Management Pty Ltd (AWSM) until 25 June 2019. According to the regulator, the company AWSM had breached its financial reporting and audit obligations and the requirement to obtain membership of…

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clone firm FCA warning
May 02, 2019 BY Valentina Kirilova

FCA warns against Purse International clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Purse International. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to…

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May 02, 2019 BY Valentina Kirilova

IBM and Thomson Reuters to simplify how financial institutions tackle regulatory compliance challenges

IBM (NYSE: IBM) and information giant Thomson Reuters (NYSE:TRI) have teamed up to help banks address ever-growing regulatory requirements through the powerful combination of artificial intelligence (AI) and real-time regulatory insights. IBM and Thomson Reuters Regulatory Intelligence will offer financial institutions access to IBM Cloud's RegTech solution. The two companies  collaboration will enable risk and…

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avelacom
May 02, 2019 BY Valentina Kirilova

Avelacom launches a new PoP in Thailand

Global connectivity and IT infrastructure provider for the financial services industry, Avelacom, has just announced it is deploying a point of presence (PoP) at The Stock Exchange of Thailand’s (SET) data center facilities. Earlier this year, the company added its third PoP in Tokyo and opened a new office in Singapore, managed by Gabriel Bassas,…

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ActivTrades office
May 02, 2019 BY Valentina Kirilova

ActivTrades launches Cashback rewards program

FCA regulated London based FX and CFDs broker ActivTrades announced that it has launched its new premium Cashback program, exclusively for eligible professional clients. The program pays rebates on spread and swaps, as well as interest on unused margin. To qualify, clients need to trade a monthly average of at least €50 million in notional volume…

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CME's Traiana enhances its Credit Risk Hub tool
May 01, 2019 BY Valentina Kirilova

CME's Traiana enhances its Credit Risk Hub tool

Traiana (a CME company) has announced that it is enhancing its Credit Risk Hub tool, which provides FX prime brokers with solutions for Tri-Party Agreements and credit management. Traiana enables the sell-side to automate cross-asset risk management and pre/post trade processing. The enhanced offering means that brokers will now be able to document Tri-Party trade…

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Bank of China (UK) Limited joins LCH’s SwapClear
April 30, 2019 BY Valentina Kirilova

Italian Banca IMI joins LCH's CDSClear service

The clearing house LCH has just announced that the investment bank of Intesa Sanpaolo Group, Banca IMI, has joined its CDSClear service. Banca IMI will now have access to clearing of credit derivatives referencing both Single Names and Indices, and is the first Italian member to join the clearing service. Banca IMI is already a…

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Forex sports sponsorship: RoboMarkets becomes BMW M Motorsport's official partner
April 29, 2019 BY Valentina Kirilova

Forex sports sponsorship: RoboMarkets becomes BMW M Motorsport's official partner in DTM 2019 season

Investment services provider RoboMarkets has just announced that it has become  BMW M Motorsport's official partner for the popular German touring car masters Deutsche Tourenwagen Masters (DTM). During the upcoming season, the Swedish BMW works driver Joel Eriksson will compete to win in the brand new #47 BMW M4 DTM racing car, with RoboMarkets brand appearance.…

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amana capital office
April 29, 2019 BY Valentina Kirilova

Amana Capital launches risk analytics tool RiskPulse

The brokerage company Amana Capital has just announced that it has launched an in-house risk management tool for its customers. The company is officially unveiling its RiskPulse smart risk analytics product today, alongside a new website, both designed to improve the trading experience of novice, experienced and professional traders. The RiskPulse software has been built…

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