The Dutch Authority for the Financial Markets (AFM) just announced that it has given an instruction to suspend trading in New Sources Energy NV. Financial instrument: Shares ISIN code: NL0009822014 The reason for suspension has not been announced yet, but trading in New Sources Energy NV will be forbidden with immediate effect, as from 14th…
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We recently spoke with Martina Doherty, owner, and founder of MD Consulting, a London-based marketing services agency, providing financial institutions and FinTech companies in capital markets with PR and communication services. The majority of the firm's clients are institutional forex companies. She set up the business just over 7 years ago to share her knowledge…
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UK-FCA regulated brokerage London Capital Group Holdings plc (LON: LCG), today launched their new TV ad spot featuring number three ranked tennis player in the world Stan Wawrinka. The advert is part of the four-year partnership that the three-time Grand Slam winner signed with LCG, becoming their Global Brand Ambassador. He also received 5 million…
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BTL Group Ltd. (CVE:BTL) just announced the addition of Jon Downing to BTL’s advisory board. Over the last 25 years, Jon Downing has successfully delivered innovation, business and technology services at some of the largest and most respected global companies, including Visa, J P Morgan, HP Enterprise Services & American Express. Over the last two years,…
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The Monetary Authority of Singapore (MAS) granted approval for Siemens Bank GmbH Singapore Branch to operate as a merchant bank in Singapore. The new branch will cover financing activities for the Asia-Australia region. In addition to its main pillar, the loan and guarantee business, the branch will also provide selected finance advisory services for the…
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Tradeworks, the Singapore and Copenhagen-based fintech developer of trade automation technology, just announced that it will be extending its partnership with P.T. Monex Investindo Futures (Monex), an online brokerage in Indonesia. The partnership will grant exclusive rights to Monex as sole distributor and reseller of the Tradeworks trade automation platform for Indonesia until Q2/2018. Tradeworks has…
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CLS Group (CLS), the market infrastructure provider of risk mitigation services to the global FX market today published its operating metrics for February 2017. The average daily volume submitted to CLS was US$1.5 trillion, up 2.7% MoM from US$1.46 trillion in January 2017. CLS also announced that is changing its reporting methodology to align with…
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The Financial Services Agency (FSA) of Japan and the Monetary Authority of Singapore (MAS) announced the establishment of a Co-operation Framework to enhance FinTech linkages between both countries. The Framework enables FSA and MAS to refer FinTech companies in their countries to each other’s markets. It also outlines how the referred companies can initiate discussions…
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Platforms shut down, offices opened and closed, executive hirings, regulator bans, joint ventures, new licenses, results good and bad... this week's Forex Industry News had it all. And once again, you read about the key stories exclusively or first at LeapRate. With that in mind, we wanted to take this opportunity to thank you, our readers.…
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The dollar hit seven-week highs vs the yen today, as investors awaited U.S. jobs data ahead of next week's Federal Reserve meeting, while weak inflation figures pushed the Norwegian crown to four-month lows against a stronger euro, Reuters reported. The single currency rose a third of a percent to a four-day high of $1.0619, having…
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