South Africa is stepping up its forex rigging probe, but more than three years after Western financial watchdogs issued multi-billion dollar fines to global banks. The SA Competition Commission today said it will need more time to conclude an investigation into whether banks took part
Chinese police have initiated criminal investigations against six persons for operating illegal cryptocurrency mining, local media outlet Xinhua reports, citing a local police spokesman. While investigating an unusual surge in electricity consumption in the city of Tianjin, the police discovered the facility, which short-circuited
Societe Generale Securities Services (SGSS) has launched an integrated front-to-back solution, dubbed “CrossWise,” to support its treasury and asset management business. By implementing CrossWise, SGSS’s clients will be able to outsource many services which helps them focus on their core business. CrossWise replaces the existing
Publicly listed Polish FX and CFDs brokerage XTB has reported its preliminary results for Q1 2018, displaying record numbers across key components of its business on a year-over-year basis, per an XTB financial disclosure. Compared to a period of weak growth in the first quarter
Popular Ethereum wallet interface MyEtherWallet (MEW) today suffered a domain name system (DNS) hacking that sent users to the wrong servers, exposing their login credentials. MEW users immediately began warning one another on Twitter and Reddit. They said when the user visits the purse site,
Belize’s financial watchdog (IFSC) today warned investors that GNT Group Limited, which operates under the trading name GNTFX, is falsely claiming to hold International Business Company registration in Belize while not actually licensed by the commission or any other competent authority in the country. Not
Deutsche Boerse’s settlement arm Clearstream has expanded its offering in the funds space by acquiring Swisscanto Funds Centre, the UK subsidiary of Zurich-based financial group Swisscanto. Clearstream, a provider of post-trade services for financial services participants, agreed to buy 100 percent of SFCL business from
FlexTrade Systems, a specialist in multi-asset execution and order management systems, today upgraded its EMS offering with a new product, known as FlexNOW. The broker neutral trading platform provides a wide range of order characteristics through a data-driven interface that to address the needs of
Coinify, the Danish blockchain payment service provider, has onboarded Mikael Breinholst, former CEO and Co-Founder of Tradeworks, to lead the development efforts of its trading platform. In this role, Mr. Breinholst is responsible for managing the expansion of the business by deploying best practices from
eToro, the leading social trading network, has pushed ahead with its plans to broaden its cryptocurrency offering, citing enough liquidity and strong customer demand. The company announced that it has enabled the trading of EOS, the digital currency that intends to support more efficient operations