Copenhagen based Retail FX and CFDs broker Saxo Bank has reported its results for the first half of 2018, indicating an overall slowdown in business. On the top line, in what the company said was a period with low market volatility and the introduction of a new competitive pricing structure, Revenue for the Group reached…
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Fast-growing FX and cryptocurrency affiliate company Investoo Group has announced the appointment of James Beale as Chief Finance Officer. James Beale joins Investoo from Worldpay Group Plc, a global leader in payments processing, where he was Vice President of Divisional Finance. Before joining Worldpay in 2015, the University of Leeds educated Mr. Beale also worked…
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LeapRate Exclusive... LeapRate has learned that Forex brokerage technology group Nukkleus Inc (OTCMKTS:NUKK) is planning on launching a regulated cryptocurrency exchange, which would cater to the institutional and high-end-retail trading segment. Via regulatory filings made by the publicly traded company, we have learned that the Nukkleus recently incorporated a new Malta based holding company called Nukkleus…
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The U.S. Securities and Exchange Commission (SEC) has announced that it has obtained permanent officer-and-director and penny stock bars against the founder of a company who perpetrated a fraudulent initial coin offering (ICO) to fund oil exploration and drilling in California. According to the SEC’s order, David T. Laurance and Tomahawk Exploration LLC attempted to…
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FCA regulated FX and CFDs broker ActivTrades has announced that it has received ISO 27001 certification, relating to its information security management systems (ISMS). ISO 27001 is an international industry standard governing how organisations establish, implement and monitor systems. A global symbol of reliability and trust, the certification recognises ActivTrades' ability to proactively manage its ISMS…
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Leading Retail FX and CFDs broker Plus500 has announced that it has hired Google executive Ari Shotland as the company's new Chief Technology Officer (CTO). Ari Shotland had been with Google Israel for the past 11 years, as Senior Staff Software Engineer & Tech Lead Manager. He holds BSc and MSc degrees from Haifa's Technion. In…
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LeapRate Exclusive... LeapRate has learned that FCA regulated retail FX and CFDs broker GKFX has continued to reshape is management team, adding noted compliance expert and consultant Mazhar Manzoor as the company's new Compliance Director and Money Laundering Reporting Officer (MLRO). Mazhar Manzoor has spent the past 15 years as a compliance consultant to financial institutions in…
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Pan-European exchange operator Euronext has announced the acquisition of approximately 8% of additional interest in FastMatch, a global FX spot market operator, operating as a Euronext company since August 2017. Euronext acquired a 90% stake in FastMatch for $153 million. In combination with the stake in the company that Euronext acquired in August 2017, Euronext…
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Forex industry introducing broker Forest Park FX has announced the hiring of Alejandra Diaz as part of its renewed focus on the development of custom trading technology. Alejandra Diaz was with FXCM for 10 years until 2017 serving in various sales and technology related roles, including as Programming Services Manager. Most recently she served as…
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The following article was written by freelance writer Damien Troy. Political resignations aren’t unheard of, but since Brexit was officially put underway on the 23rd June 2016, the string of ministers jumping the proverbial ship has risen considerably. With David Cameron arguably starting the conga-line of resignations back on the 13th July 2016, the past…
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