Just halfway through its initial three month ban on offering binary options trading products in the EU, pan European financial regulator ESMA has announced that it will be extending the ban for a further three months. The initial temporary ban was finalized in March and came into effect on July 2, running through to October…
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RoboForex, the Belize-based unit of the Retail FX brokerage group, has announced that it has launched a new service which will allow the company’s clients to deposit funds to their Bitcoin accounts (BTC accounts) by means of other cryptocurrencies. The sum deposited in alternative cryptocurrencies will be automatically converted into BTC according to the exchange rate…
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London based FX and cryptocurrency affiliate company Investoo Group has announced its entry into the US financial affiliate and trading business, with its acquisition of trading education website VantagePointTrading.com. Launched in 2007 by Calgary-based Chartered Market Technician Cory Mitchell, VantagePointTrading.com has been a leading education platform for over 10 years. The website currently provides informative content via…
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Following the issuing of its Trading Update in early July it wasn't quite a surprise that online gaming and financial trading company Playtech PLC (LON:PTEC) reported declining profits (although increasing Revenues) for the first half of 2018. Overall, Playtech saw Revenue of €436.5 million for the first six months of the year, which was actually up by…
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New Divisa Capital UK CEO Brian Myers has brought on board another of his former lieutenants from GKFX, with the company naming Michael Ayres as Divisa UK's new COO. Michael Ayres had been Director of Operations at GKFX from October 2016 - March 2018, which basically matched Mr. Myers' tenure as GKFX CEO. The two…
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The following article was written by Jasper Lawler, Senior Market Analyst at FCA regulated broker LCG. Wednesday sees the release of the minutes from the latest FOMC meeting and could serve as a reminder why the dollar is a good buy. Dollar bulls would needs much a reminder as the buck enters its fourth consecutive down…
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Continuing a year-long hiring spree, FX liquidity and Prime of Prime solutions provider CFH Clearing has announced that it has bolstered its institutional sales team with the appointment of Michael Bleys as VP Sales (EMEA). Michael Bleys joins CFH from Sucden Financial, where he spent over five years in the firm’s e-FX division. His career…
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FCA regulated Retail and Institutional FX and CFD brokerage Valutrades has announced the appointment of JohnPaul Thwaytes as Non Executive Director with immediate effect. JohnPaul is the last in a series of appointments to the board in recent months to support Valutrades' successful 730k FCA license and going forward will focus on independent governance of…
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Leading UK online broker IG Group has announced that following a completed search and following receipt of relevant regulatory approvals, the Board has today agreed to appoint Sally-Ann Hibberd and Jonathan Moulds as additional Non-Executive Directors of the Company. The appointments will take effect on September 20, 2018 at the Board meeting immediately following the company's…
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Online gaming and financial trading company Playtech PLC (LON:PTEC) has announced that Ian Penrose will join the Company's Board as a Non-Executive Director, from September 1, 2018. Ian Penrose brings over 20 years of global gaming, technology and leisure sector experience to the Board. He was CEO of Sportech PLC from 2005 to 2017 where he led…
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