The Financial Markets Authority (FMA) has just issued a warning against a scam company called Baihua Global. Baihua Global Website: www.bfmfx.com Email: [email protected] Reason for warning: It could be involved in a scam. The firm is misleadingly using the registration details of Booster Funds Management Limited (FSP555786), a licensed fund manager, with whom it has…
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Information giant Thomson Reuters (NYSE:TRI) has just announced that it has enhanced its Reuters Capital Markets 19901 (RCM19901) service with pricing sourced through Dealerweb and ICAP, providing its fixed income trading clients with a global rates offering to further enable their trading decisions. This is the first time that Tradeweb’s Dealerweb pricing will be available…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm The Co-operative Bank Plc. 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…
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Moscow Exchange (MOEX) has just released its market report for the month of July 2018. Total trading volume across Moscow Exchange’s markets was RUB 75.2 trln in July 2018. The key growth drivers were the Bond Market (+28.1%), FX Market (+21.3%) and Equity Market (+9.6%). Equity and Bond Market Total trading volumes on the Equity…
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LeapRate Exclusive... LeapRate has learned that FCA regulated institutional FX and CFDs broker Global Market Index Limited (GMI UK) has hired two senior London based FX Sales executives from FXCM. The two new hires joining GMI are Chris Hossain-Nelson, former Global Head of Institutional Partnerships at FXCM, and Aaron Brown, former Head of IB Sales.…
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Cboe Global Markets, Inc. (Nasdaq: CBOE) has announced plans to transfer the primary listing of its common stock to Cboe BZX Equities Exchange (Cboe). Currently, Cboe shares are dual-listed on both Cboe and the Nasdaq Global Select Market (Nasdaq). Cboe plans to delist from Nasdaq effective September 14, 2018, after the market close, and begin…
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Artificial intelligence is poised to disrupt the cryptocurrency world, and vice versa. A company name Zwoop, which is in fact an AI-powered e-commerce platform, is specially created to disrupt the online shopping experience for customers around the world through cryptocurrency payments. The idea behind Zwoop is a very massive and ambitious one, yet practical. Zwoop…
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AcadiaSoft Inc., the industry provider of margin automation solutions worldwide, and Quaternion Risk Management Ltd., a risk analytics firm, have announced the formation of a partnership to provide risk services for firms subject to initial margining requirements for non-centrally-cleared derivatives. The initiative couples AcadiaSoft's proven capabilities in automation with Quaternion's extensive quantitative expertise and will…
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An assessment report published today concludes that Canada´s legal, regulatory and oversight frameworks for financial market infrastructures (FMIs) are generally complete and consistent with the Principles for financial market infrastructures (PFMI), with some exceptions. The report on the Implementation monitoring of PFMI: Level 2 assessment report for Canada, published by the Committee on Payments and…
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The Polish Financial Supervision Authority (KNF) has announced that it has authorized Krajowy Depozyt Papierów Wartościowych (KDPW, The Central Securities Depository of Poland) to provide transaction reporting services as an Approved Reporting Mechanism (ARM). As an ARM, KDPW is authorised to provide transaction reporting services in the European Union. The ARM is a mechanism of…
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