The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Horst Weinmann. 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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The following article was written by Reem Aboul Hosn, Research and Market Analyst Officer at Credit Financier Invest (CFI) Ltd. For the second time, the US-sanctions on Iran took effect on Tuesday which could push oil prices above USD 90 a barrel by the end of the year, analysts have advised. In the middle of…
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CLS Group, the market infrastructure provider of risk mitigation services to the global FX market, has just published its operating metrics for the month of July 2018. The average daily traded volume submitted to CLS was 638 trillion, down 13.7% from USD1.899 trillion in June 2018. Average daily traded volume submitted to CLS by product…
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Decentralized Vision, the blockchain company that developed PumaPay PullPayment Protocol, has announced that the PumaPay token (PMA) will be listed on HitBTC, a prominent cryptocurrency exchange. The trading of PMA/BTC and PMA/ETH pairs will be available on August 8, 2018. The listing price of the token will be 50,000 PMA/ETH, the same rate that PumaPay…
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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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