After reporting record results in Q1 things seems to have cooled off somewhat during Q2 at X Trade Brokers Dom Maklerski SA (WSE:XTB). X Trade Brokers, which operates Retail Forex broker XTB.com as well as the X Open Hub trading platform, reported that Q2 2018 Revenues came in PLN 84.2 million (USD $22.8 million), down 26% from Q1's record at…
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Non-Zero (www.non-zero.io), which recently announced the Ethereum main-net launch of its retail financial markets blockchain platform, has announced that it has continued to build its management team. The company is led by Hadi Kabalan, as CEO. He has multiple years of experience in the tech and financial industries, holding the title of Executive Director at…
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Consolidation in the Retail FX space continues. Australian-owned Retail Forex and CFDs brokerage group AxiCorp, which primarily operates the AxiTrader brand, has announced that it will acquire FCA regulated C B Financial Services Ltd, which operates the One Financial Markets (OFM) brand. The deal is predominantly cash-based and will be subject to customary regulatory approvals.…
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Mauritius financial regulator the Financial Services Commission (FSC) has announced that an entity in the name of Coinoptions trade is falsely claiming to hold an Investment Dealer (Discount Broker) License, bearing licence number C112010791, purportedly issued by the FSC Mauritius on 03 May 2012. The FSC Mauritius has informed that Coinoptions trade and/or any other…
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The Amman Stock Exchange (ASE) has just announced that it has started to adopt the tradition of ringing the bell to announce the start of the daily trading session in the ASE, this tradition came in order to increase attention to the stock market and to honor the distinguished guests, companies and people that have…
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It may be a little surprising to know that Microsoft and Starbucks have teamed up on a new beverage-cryptocurrency product. Shortly after McDonalds announced that they will be offering the MacCoin to honour the 50th anniversary of the Big Mac, Starbucks is the other large consumer company that has recently joined the cryptocurrency payment solutions.…
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How were Forex brokers preparing for the new ESMA leverage rules which kicked off this past week? Why did the FCA warn brokers about trying to circumvent the ESMA rules? Which regulated cryptocurrency exchange - run by a former Retail FX broker CEO - raised money from a noted Silicon Valley VC firm? Which Retail…
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Exchange Data International (EDI), a provider of global security corporate actions, pricing and reference data, has now officially announced the launch of the US Bankruptcy Data developed in partnership with New Generation Research, Inc. (NGR). EDI, through this collaboration, now offers comprehensive data on US Bankruptcy Data for businesses over 50MM in Assets, with historical…
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Estonia based Retail FX brokerage group Admiral Markets has announced that its MetaTrader 5 offering just received another expansion. The company's clients now have access to: 306 new CFDs on ETFs on the Admiral.MT5 account; 177 new ETFs on the Admiral.Invest account. These new instruments allow clients to gain exposure to a variety of markets…
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The Financial Markets Authority (FMA) has just issued a warning against a scam company called FSM SMart. FSM SMart Address: Hertensteinstrasse 51 Lucerne, Luzen 6004, Switzerland Website: www.fsmsmart.com Phone: +41 4350 84931 Email: [email protected] Reason for warning: FSM is making false and misleading claims that they are a registered financial service provider in New Zealand…
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