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Specialised payments platform, Paysafe Limited (NYSE:PSFE), announces the appointment of J.P. Morgan as its core banking provider. The global financial services firm’s work for Paysafe will be led from its Payments business, which combines cash management, payment solutions and merchant services for corporate clients, financial institutions and governments. The work with J.P. Morgan began with…

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International derivatives marketplace CME Group has announced first day trading volume for its newly launched 20-Year U.S. Treasury Bond futures contract, which became available for trading on Monday, March 7. In total, more than 1,300 contracts were traded by 30 participants, with open interest of 1,041 contracts, signifying strong client interest in an additional fixed…

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The Central Bank of Russia is introducing temporary rules for foreign currency operations in cash. The rules will be valid from March 9, 2022 to September 9, 2022. All funds in foreign currency accounts and deposits are safe and accounted for in the deposit currency. A client will be allowed to withdraw up to $10,000…

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The UK Advertising Standards Authority (ASA) today issued a ruling against a digital poster for Ziglu, an online cryptocurrency platform. The ad was seen in September 2021. The ad had headline text that stated “Scotland, your capital is at risk” in large print. Underneath this was text that stated, “ziglu.io/capital” within an image of an…

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During the regular meeting of the Board of Directors held following the Annual Meeting of the Shareholders of StoneX Group Inc. (NASDAQ:SNEX), owner of retail Forex brands like FOREX.com and City Index, John Radziwill was elected as Chairman of the Board of Directors. This is revealed by an SEC filing. John Radziwill was elected as…

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The following is a guest editorial courtesy of Andrew Lane, CEO of sentiment-based technology company Acuity Trading. On February 24, we woke up to news of Russia’s full-scale invasion of Ukraine. Peace talks had failed, and Russian forces were entering the southern Ukrainian city of Kherson and continuing to shell Kyiv and Kharkiv. It’s a…

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Broker tech integration solutions provider Gold-i has announced that Joy Li is being promoted to Head of APAC at the company. Joy’s new role is a newly created one, which involves responsibility for all Gold-i activity in the region including business development, sales, operations and support. She will also have overall responsibility for managing the…

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US brokerage industry regulator FINRA has announced that it has fined Deutsche Bank Securities, Inc. $2 million for failing to comply with its obligation to seek best execution for its customers’ orders. “The duty to seek best execution for customer orders is a fundamental obligation of any broker-dealer that buys or sells securities on behalf…

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Online trading major IG Group Holdings plc (LON:IGG) has received notification that transactions was carried out in respect of the company’s ordinary shares of 0.005p each (“Ordinary Shares”) by a Person Discharging Managerial Responsibilities (“PDMR”). Charles Rozes, Chief Financial Officer of the Group, bought 5,000 shares in IG at a price of £7.25 per share….

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Copenhagen based Retail FX and CFDs broker Saxo Bank continued its improved start to 2022, reporting February client trading volumes that were basically flat with January. Average daily trading volumes came in at $21.0 billion, slightly above January’s $20.9 billion ADV at Saxo Bank, although total trading volumes were down by 4% MoM – $419.1…

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