Cloud computing underpins many of the technologies which are being used on a daily basis, including email, video streaming and social media. Cloud services became increasingly important for companies big and small due to this year's lockdown and the sector is forecast to grow 17% worldwide in 2020 as a result. That growth is expected…
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Regulation provides with trust in the otherwise risky industry, it gives Forex brokers framework to guide them. Licenses mean that brokers have gone through a vetting process, their legitimacy has been confirmed. Thus, making them safer in holding your money and accessing investments and financial markets. Licenses help brokers to form and maintain meaningful partnerships…
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Singapore Exchange Regulation (SGX RegCo) has announced today that it has set up a working group of industry professionals and investors to review the retail bonds regulatory framework. The group will discuss matters such as the admission criteria for retail bond listings, the continuing obligations of issuers of such bonds, and ways to protect bondholder…
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Canada’s Ontario Securities Commission (OSC) has recognized that Bitcoin is a legitimate market, trading in millions of dollars per day in a host of exchanges. For that very reason, it has reversed a prior decision and given a green light for a Bitcoin Fund IPO, which will offer participations to retail investors. With this simple…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for November 20, 2019. The text below is an excerpt and does not contain the full analysis. Highlights include: BTC Drops to Lowest Level Since October: This below-$8000 level suggests markets hitting bear market territory. On the flip…
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FCA and CySEC licensed FX broker Exness has just announced that it has decided to close its retail business in EU/EEA including the UK. The broker will now focus on other markets and grow its B2B operations. As stated on Exness' official website today: "As a company which values all of our clients, we realise…
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Retail forex broker and provider of FX and CFD trading, FXCM (NYSE:FXCM) has just announced the introduction of cryptocurrency baskets to its retail customers. CryptoMajor - the cryptocurrency basket – is made up of the 5 major cryptocurrencies: Bitcoin, Ripple, Litecoin, Bitcoin Cash and Ether. CryptoMajor addresses hedging transparency issues by giving an equal weighting…
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The Monetary Authority of Singapore (MAS) has announced on Tuesday that it has made the following new retail regulations: Retail investors will now have access to 20:1 leverage (previous leverage was 50:1). As stated in the announcement, exemption from the new measures are only specified holders of a licence who maintain a base capital of…
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UK online trading leader IG Group Holdings plc (LON:IGG) has just announced that it has launched its latest turbo24 product. Traders will now be able to trade IG’s turbo24 on-venue product 24 hours a day, 5 days a week across France, Germany, Italy, the Netherlands, Norway, Spain and Sweden. The turbo24s will be offered through…
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The Polish Financial Authority (KNF) has just released a new category of investor called an experienced retail client. The polish watchdog has also increased the level of leverage up to 100:1 for selected instruments. LeapRate reminds that just a few days ago ESMA issued four opinions on product intervention measures taken by the National Competent…
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