TMX Group Limited (TSX:X) has announced July 2018 trading statistics for its marketplaces – Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange (Alpha) and Montréal Exchange (MX). On July 19, 2018, MX achieved a new overall open interest record of 9,221,922 contracts, as well as a new ETF Options open interest record of 3,162,059…
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Zerion, the company building the technology for a tokenized financial system, has unveiled Tokenary to provide a memorable and seamless experience for Ethereum wallets everywhere. As cryptocurrency markets mature and digital assets become more of a daily routine, Ethereum and token owners need an easy-to-use wallet that supports frequent consumption, similar to how they would…
Read moreThe Securities and Exchange Commission (SEC) has announced that it has charged a cloud communications company and two executives with providing misleading quarterly revenue estimates. The company and executives agreed to pay over $1.9 million in penalties to settle the SEC’s charges. According to the SEC’s order, Sonus Networks Inc.’s former CFO, Mark Greenquist, was…
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Australian regulator ASIC has just announced that it has permanently banned Mr Brody Glenn Jarman of Yarrawonga, Victoria from providing financial services. Mr Jarman was banned following an ASIC investigation into his dealings with client money while working as an insurance broker. In February 2016, he pleaded guilty in the Cobram Magistrates Court to seven…
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CurrencyFair, a provider of International Money Transfer services to consumers and businesses worldwide has today announced a major expansion into Asia through the acquisition of Hong Kong based, Convoy Payments Limited (Convoy Payments), a subsidiary of Convoy Global Holdings Limited (Convoy Global, Stock code: 1019.HK). This acquisition accelerates CurrencyFair’s entry into the Asian market and…
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Many prominent economists have come to comment that Bitcoin does not have intrinsic value, rather, it is driven by market perception and enthusiasm. This is the general opinion that Robert Shiller, a Nobel laureate in economics, and Warren Buffet, one of the most successful investors in the world have in mind when it comes to…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company Prestige Financial Markets. Prestige Financial Markets is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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The Financial Markets Authority (FMA) has just issued a warning against a scam company called Caledonia Investment Company Limited. Caledonia Investment Company Limited ASSOCIATED ENTITIES/INDIVIDUALS: Mark Peterson, Peter Baker and James Wright ADDRESS: 42 Des Voeux Road Central, Wan Chai, Hong Kong WEBSITE: http://www.caledoniainvestcompltd.com/ EMAIL: [email protected] REASON FOR WARNING: The FMA has received a report…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Loans Hub. 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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LeapRate Exclusive Interview... There has been a lot of change swirling lately at global broker ADSS - a rebranding of the company from ADS Securities, senior management changes, preparing for ESMA, and dealing with a new cryptocurrency trading clientele. We are very pleased to speak today with Mathieu Ghanem, Managing Director, Global Head of Sales and Marketing…
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