SEC is freezing brokerage accounts holding more than $29 million in illegal profits
February 13th, 2017
SEC Charges Chinese Citizens Who Reaped Massive Profits From Insider Trading on Comcast-Dreamworks Acquisition Obtains Court Order Freezing More Than $29 Million in U.S. Accounts The Securities and Exchange Commission announced that it obtained an emergency court order freezing brokerage ...
Brexit uncertainty caused UK fintech investments slump
February 9th, 2017
Global venture capitalist investment in the financial technology (fintech) sector increased by about 11% to reach $17.4bn last year, but there was a 33.7% drop in the UK. The UK retained its place as recipient of the third-largest amount ...
The Law Society UK reports on technological innovation in Legal services
February 8th, 2017
The independent professional body for solicitors in UK, The Law Society, has published the research report “Capturing Technological Innovation in Legal Services”. Unprecedented technological change offers solicitors exciting opportunities to innovate in ways that benefit clients, technological innovators and ...
Thomson Reuters to acquire Clarient Global and Avox Limited
February 7th, 2017
Thomson Reuters has signed definitive agreements to acquire Clarient Global LLC and Avox Limited. Clarient is a leading global Know Your Customer (“KYC”) and client reference data platform owned and used by the Depository Trust & Clearing Corporation (“DTCC”), ...
FXCM and its founding partners ordered to pay a $7 Million Penalty
February 7th, 2017
CFTC Orders Forex Capital Markets, LLC (FXCM), Its Parent Company, FXCM Holdings, LLC and FXCM’s Founding Partners, Dror Niv and William Ahdout, to Pay a $7 Million Penalty for FXCM’s Defrauding of Retail Forex Customers FXCM, Niv, and Ahdout ...
An AI Law Firm Wants to ‘Automate the Entire Legal World’
February 6th, 2017
AN AI LAWYER Whether it’s a new employment contract, a rental contract, or sale contract, it needs to be checked before signing. Everyone knows the struggle of working through the dreaded small print, searching for pitfalls hidden in the tiniest details, ...
Some of the world’s biggest tech companies join the fight against US President Donald Trump’s travel ban
February 6th, 2017
Some of the world’s biggest tech groups have officially joined the fight against US President Donald Trump’s travel ban on nationals from certain Muslim-majority countries. Apple, Microsoft, Google and Facebook are among 97 companies to file an amicus curiae ...
Pound to Euro Exchange Rate: Week Ahead Forecast
February 6th, 2017
Pound Sterling has pulled reversed recent gains against th Euro after being rejected at highs at 1.18 and is seen valued at 1.1580 ahead of the new week. Although the fundamental backdrop looks marginally more supportive to the Euro ...
CUSTOMER SUPPORT OFFICERS
February 3rd, 2017
New Customer Support Officers: ITALIAN, FRENCH, RUSSIAN, POLISH, HUNGARIAN, CZECH, DANISH, ARABIC, SPANISH, PORTUGUESE, GERMAN SPEAKERS: Overview: Trade Finance is in our DNA. For more than 10 years, XTrade has helped global traders with access to the world’s largest ...
China Fintech Deals Double In 2016 While US, Europe Decline
February 2nd, 2017
Chinese investors continued aggressively investing in financial technology (fintech) last year, despite a slowdown in other major markets around the world. Fintech investments in China doubled during the first nine months of 2016 year-on-year, driven by major funding rounds ...
