MOEX expects the list of stocks to be expanded to 50 names in 4Q 2020. The exchange will add more new instruments in future. Foreign stocks will be traded and settled in RUB within MOEX’s infrastructure. Dividends will be set in the currency of the issuer, i.e. in USD for U.S. securities. Foreign stocks will be settled…
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BC Group CEO Hugh Madden commented about the benefits of being licenced and that regulated institutions could reduce their risk by being able to engage with other regulated entities. Final approval is subject to certain conditions, however no other details have yet been shared. Madden said that these were: as you’d expect from a conservative…
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Experts have warned that the rise in sophisticated Covid-19 related scams could leave financial services firms open to the risk of financial crime, especially with increasingly stringent Anti-Money Laundering (AML) legislation in the pipeline. Max Worrall, General Markets Sales Manager, Encompass Corporation commented: The Covid-19 pandemic has seen a rapid increase in the number of financial crime scams…
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FTSE 100 continues heading sideways The FTSE 100 and FTSE 250 once again struggled to find any momentum last week, sinking 1.5% and 0.9% respectively, as both indices continued to track sideways. UK economic data last week showed some improvement in a variety of areas, with positive retail sales growth, plus a marginal gain in…
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Claims.net (clone of UK registered public company) Telephone: 01615051260; 0239388028; 02037690910 Email: [email protected] UK registered public company details This UK registered public company that fraudsters are claiming to work for has no association with the ‘clone firm’. It is authorised to offer, promote or sell services or products in the UK and its correct details…
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3storich claims to be located in Toronto, Ontario, and also claims to offer investment plans with different rates of returns in cryptocurrency trading. 3storich accepts British Columbia (BC) residents as clients, however, the company is not registered to trade in, or advise on, securities or derivatives in BC. The regulator advises caution when dealing with companies…
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Financial highlights: Yury Denisov, Chief Executive Officer of Moscow Exchange, said: Most MOEX employees have been working from home since the beginning of the pandemic, and I’m proud to report this has not hampered our ability to successfully grow the business. We continue to deliver new projects, offer new opportunities for investors and traders and…
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House of Fraser sets landlord ultimatum Thursday was a gloomy day for UK stocks, with the FTSE 100 sinking by 1.6% and the FTSE 250 off 0.5%. Asset managers were some of the names dragging the FTSE 100 lower, with Standard Life Aberdeen and M&G both sinking by more than 6%. Miners were down across…
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The result of the first half of 2020 includes a number of records for the Saxo Bank Group, including all time high client assets, record number of trades, record number of new clients as well as a record high growth in the equity trading business. Staff costs and administrative expenses increased 24% YoY as a result of…
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Gary Thomson, Chief Operating Officer at FXOpen UK commented: As the US is home to some of the worlds largest companies, I’m delighted we’re able to give our clients the opportunity to trade these shares as CFDs. We are continually evaluating our product offering to strive to provide the best possible trading conditions. The company…
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