Category: Forex

July 11, 2017 BY Valentina Kirilova

GigaWatt Project builds eight additional mining buildings

Giga Watt Token Launch announced today that they’ve sold over 14.4 million tokens in their crowdsale, enough to build an additional eight mining buildings. Along with the construction of eight new mining buildings, one of the three already-functioning mining centers will undergo expansions and renovations. The Washington state-based Giga Watt facility allows anyone to participate…

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July 11, 2017 BY Valentina Kirilova

Duco focuses on cutting investigation overhead with new real-time automation module

Duco, the global provider of self-service data normalization and reconciliation services, today announced the official launch of Duco Cube Insight, a real-time analysis module for reconciliations that enables firms to cut down root cause investigation time around operational issues. The module was made available to Duco clients in the first quarter of 2017. Since then…

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australia apac
July 11, 2017 BY LeapRate Staff

ASIC to add reporting requirements to Australia's new Retail Forex client money law

Australia financial regulator ASIC has issued a consultation paper, asking for feedback on new proposed rules requiring brokers to reconcile and report all retail client money held on a daily, monthly, and yearly basis. Some background... As we reported back in March, Australia’s parliament recently passed the Treasury Laws Amendment (Measures No 1) Bill 2016, known more…

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July 10, 2017 BY Valentina Kirilova

Euronext acquires majority stake in iBabs

Euronext announced the closing of the acquisition of a 60% stake in iBabs, a Dutch provider of dematerialised board portal solutions for corporates and public organisations, for a consideration of €30.1 million. iBabs, based in the Netherlands, provides an efficient and secured board portal solution to close to 1,000 companies and public organisations with more…

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Marco Baggioli ADS Securities
July 10, 2017 BY Valentina Kirilova

Marco Baggioli becomes ADS Securities COO

Abu Dhabi based international financial services firm ADS Securities has announced that Marco Baggioli has been appointed Chief Operating Officer (COO) for ADS Securities LLC. He is currently the firm's Executive Managing Director – Global Head of Brokerage, and in his new role will take on additional direct line responsibility for Operations, Legal & Compliance, Product…

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July 10, 2017 BY Valentina Kirilova

CLS and NEX Optimisation to expand CLS Aggregation Services to non-CLS currencies

Trade aggregation will extend to offshore Chinese renminbi (CNH), Russian ruble (RUB), Turkish lira (TRY) and Polish zloty (PLN) CLS Group, a provider of risk mitigation and operational services for the global foreign exchange (FX) market, and NEX Optimisation, a NEX Group (LON:NXG) business which helps clients reduce complexity and optimise resources across the transaction…

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