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SFC: The court upholds the prison sentence of insider trading for the former GEM listed financial manager

Photo: Google Image The Court of First Instance upheld the prison sentence of Ouyang Shaopeng (male), the former group financial manager of China Coalbed Methane Group Co., Ltd. (China Coalbed Methane) for insider trading but allowed him to execute the two charges simultaneously. Ouyang was sentence

FinCEN Extends Comment Period for Controversial Crypto Wallet Rule

Photo: Coindesk Critics of the rule said it would be technically impossible for some projects to comply because smart contracts and author-decentralized tools do not have name or address information to provide. FinCEN Extends Comment Period for Controversial Crypto Wallet Rule The Financial Crimes E

Biden's $1.9 trillion Relief Package Proposal Fails to Stir Bitcoin Market

Photo: Coindesk The U.S. dollar's rise on the news maybe be playing spoilsport to the bitcoin bulls. Bitcoin’s two-day rally has stalled as the U.S. dollar gains ground in the wake of Joe Biden’s fiscal stimulus announcement. The U.S. President-elect proposed an emergency relief package worth $1.9 t

LSEG gets regulatory approval for $27 billion Refinitiv deal

Photo: Leaprate The European Commission has approved the London Stock Exchange’s $27 billion (£20 billion) acquisition of Refinitiv. The Commission’s investigation discovered a number of concerns about the deal, however, those could be addressed by a range of remedies. One of the concerns is the €4.

Biden appoints former CFTC chief Gensler as new head of SEC

Photo: Wikifx Gary Gensler, the former head of the U.S. Commodity Futures Trading Commission, topped Joe Biden's list of candidates for the chairmanship of the Securities and Exchange Commission. According to Reuters and Bloomberg reports, the president-elect is expected to be named Gensler the chai

Founder of $147 million GemCoin crypto Ponzi scheme sent to prison for 10 years

Photo: Leaprate Founder of GemCoin Steve Chen was sentenced to 10 years in prison on Monday in California court. The crypto scheme defrauded 70,000 investors. This was one of the largest early crypto investments schemes which targeted vulnerable investors and promised unrealistically high returns.

What are the different types of forex bonus you find in a brokerage?

Photo: Google Image There are many different types of Forex bonuses available. More commonly you will see a welcome, deposit, or no deposit bonus when you visit a Forex Broker site. Some brokers pride themselves on the fantastic incentives that they offer. Here's an explanation of what's available:

How is forex regulated?

Photo: Google Image Forex is the largest, most liquid market on the planet. That size and scope creates unique challenges regarding market regulation. How do you regulate a market that is trading 24 hours a day, all over the world? There is no centralized body governing the currency trading market;

UK crypto community reacts as FCA derivatives ban goes into effect

The ban placed by financial regulators in the United Kingdom on the sale of crypto derivatives to retail traders is now in force. Photo: Cointelegraph On Wednesday, the decision by the United Kingdom's Financial Conduct Authority to ban crypto futures and exchange-traded notes finally went into effe

Crypto Trading Becomes Legal In Serbia

Photo: theforexreview Serbia just loosened its grip around cryptocurrencies, as it legally approved the issuance and trading of digital assets. The draft of the bill was introduced all the way back in October and was passed by the local officials in November of last year, coming into effect on Dec 2

CME Group reports 19.1 million contracts for 2020

Photo: Leaprate The derivatives marketplace CME Group released its financial results for the full year, the fourth quarter and the month of December. The company reported reaching average daily volume (ADV) of 19.1 million contracts during the year, 16.2 million contracts during the fourth quarter a

Forex Brokers With Interest of Margin: Receivable – How To Earn Interest On Capital?

Photo: Freepik Some brokers offer traders the convenience of earning interest on unused capital in their trading accounts. Although retail traders mostly trade the markets using a small amount of trading capital, several professional, as well as institutional traders, are known to hold a significant

Forex Brokers With Interest Of Margin: payable - How Leverage & SWAP Works?

Photo: Google Image Trading on margin involves borrowing money from a lender to leverage one’s position in the market. The Forex market has a prescribed set of rules and limits regarding trading and has a particular set of limitations on how a trader can open a position in the market. In its pure fo

How Does STP Compare To ECN?

Photo: Google Image STP and ECN have several similar characteristics, but some traders prefer STP in its pure form due to the lack of a commission per trade that is usually associated with ECN accounts. Most institutional traders open ECN accounts to enjoy tighter spreads at the cost of a commission

US Federal Regulator Says Banks Can Conduct Payments Using Stablecoins

Photo: Coindesk Federally regulated banks can use stablecoins to conduct payments and other activities, the Office of the Comptroller of the Currency (OCC) said Monday. The federal banking regulator published an interpretive letter addressing whether national banks and federal savings associations c

Pull-up Update

CFD markets involves substantial risk and there is always the potential for loss. Past performance is not indicative of future results. You understand and agree that there are risks associated with the use of online trading services ( COPYTRADE、FOLLOWTRADE、FOLLOWGUARD ), including uncontrollable factors such as hardware breakdown, software fault, or Internet disconnections. FOLLOWME does not held any responsibility for the communication failures, miss-transmissions or delays that occur during online trading.