Tag: Brazil

June 10, 2019 BY Mariela Naydenova

Ripple expands into Brazil with a new office

Ripple is not wasting its time when it comes to global expansion. The company has just opened a new office in Brazil - a strategic move that will help Ripple support their ever growing client base South America. The new office will enable all regional customers be closer to the San-Francisco-based startup. Ripple has already…

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October 17, 2017 BY Mariela Naydenova

Brazil's Central Bank President denounces Bitcoin

ETH News reported that on October 16th, the President of Brazil's Central Bank, Ilan Goldfajn, berated bitcoin as a "bubble" and a "pyramid". Brazil seems to be the next country to enter the "bitcoin conspiracy" theory that the digital currency may be a fraud and illegal method of accumulating value over time. While the technology behind…

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January 12, 2016 BY Mike Fox

Brazil's largest hedge fund increases bets against euro, real and renminbi

São Paulo-based Verde oversees about 37 billion reals ($9.2 billion) in clients' money. Reports show that Verde Asset Management, Brazil's largest hedge fund based out of São Paulo, has raised up bets against the euro as well as the Brazilian and Chinese currencies on expectations that U.S. interest rate hikes and slumping oil prices would continue…

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December 17, 2015 BY Mike Fox

Perseus expansion to connect Brazilian financial markets to the world’s largest financial liquidity centers

World leading provider of managed services for high-precision, high-speed, high-performance applications Perseus and RTM, the main technology provider in Brazil's financial industry announced the expansion of their existing relationship, bringing all RTM services onto the Perseus backbone, enabling service scalability across the globe. The network interconnection virtually connects all Brazilian financial market participants to the world’s largest…

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August 04, 2015 BY Mike Fox

Brazilian Broker Rico Corretora launches MetaTrader 5 on the BM&F Bovespa Exchange

The MetaTrader 5 trading platform has further expanded its presence in Brazil. The country's second-largest broker Rico Corretora has launched MetaTrader 5 for Stocks, Futures and Options trading with BM&FBovespa. Now the main Brazilian brokers are offering the world's most popular forex trading platform. "We are happy to offer this powerful cutting-edge platform to our clients who trade on…

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