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Too old for trading

...gender remains untouched. While European Securities and Markets Authority (ESMA) banned certain products and imposed restriction on leverage, the **Japanese government has focused on the needs and profiles of investors**. One of Japanese online trading platforms (**GMO Click Securities) has outlined its “Age Policy”**. In accordance with this policy all people that are 81 years old or mor...

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Xi Jinping’s vision of “New Era” includes Forex Industry to focus on China

...n the assured vision for the nation’s prosperity and its presence in the world. The “New Era” includes building country determinately governed by the party, being open to the rest of the world and being proudly Chinese.* Due to the enormous trading volumes, currently, China stands out as the forthcoming homeland for **retail Forex**. Introducing brokers operate the vast managed accounts, ...

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How Brokers in China Feel After the Website Blocks

... website restrictions** that occurred due to lack of information towards the financial regulator. Soon after the government **banned Bitcoin and other cryptocurrency exchanges**, followed by the bans of other trade platforms. It affected all FX and trading platforms without ICP certificates. trading community stated that the access to brokers’ websites has been banned for more than a week al...

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Bitcoin and Cryptocurrency Litigation

...st transaction speed and close connection to Bitcoin continue to be its premium quality. ***Cheapest Cryptocurrencies*** For budget investors, here are a few of the cheapest cryptocurrencies in the market now: -Bitshare (BTS), currently trading at $0.086510, with an all-time high of $0.40. -Lykke (LKK), trading at $0.36, with an expected price of $1.50 to $2.3. -Verge (XVG), rec...

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Coinbase was approved by SEC to list security tokens

...ic in a trustworthy way. Last month, the exchange announced that it intends to purchase three companies: (I) Keystone Capital Corp., (II) Venovate Marketplace and (III) Digital Wealth LLC – as means of becoming a regulated platform for offering trading services in security tokens, as well as to tokenize traditional financial assets. Coinbase COO Assiff Hiriji commented: *“Ultimately, we ...

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Cyber Risks Rules Compliance. New Rules in Hong Kong

Top Hong Kong trading companies informed their customers on upcoming changes of security and rules on **cyber risks**. These changes were released by the **Securities and Futures Commission (SFC)**. As of April 27th, 2018, **two-factor authentication will become obligatory for every company that provides trading services in Hong Kong**. Such brokers as Monex Boom, Z.com, Phillip Securities (H...

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Chinese Financial Services Opening Up to Foreigners

...e Hong Kong and mainland will change. Hong Kong-bound investment will be increased to CNY42bn and Shanghai-bound and Shenzhen-bound to CNY52bn for investment. These **changes will open new ways for traders and will allow them to broaden cross-border trading**. Moreover, the People’s Bank promises to make a stable connection between London stock market and Shanghai stock market.

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New Features of Interactive Brokers’, Mobile App for Traders

... on the Instrument Details screen. We also have to mention the previous update of the application. It featured important changes to app’s security namely both IB TWS for Mobile and the IB Key security protocols. These features are effective for trading and for account management of traders. Moreover, developers implemented two-factor authentication because safety and account protection have p...

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Japan Exchange Regulation and Tokyo Stock Exchange Implementing AI Solutions

...ayers - **Japan Exchange Regulation (JPX-R)** and **Tokyo Stock Exchange, Inc. (TSE)**, went public about adding **AI Solutions** to market supervision tools. In this case, usage of AI implies creating and developing surveillance systems for the trading process. All orders are to be checked by the system if they raise any suspicions on unfair trading. Afterwards, surveillance workers will inve...

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How RootAnt Makes Brokerage in China Easier

Doing **brokerage business in China** can be a serious challenge for international companies. Due to the fact that the market is closed, it is hard to follow all legal requirements and at the same time earn traders’ trust. trading platform **RootAnt** is now one of the best services that allows international financial institutions localize in China. It is a combination of services for broke...

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The Shanghai Free-Trade Zone: Development Plans

...nese regions to implement the same norms and standards. • Pudong Airport area, which is the part of the FTZ, is supposed to develop in other fields as well. For example, it has to develop passenger logistics, improve business transfers and also trading transportation rules. The same applies for the Yangshan Port. Its area will focus on logistic, sales and shipping policy developments. • ...

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Business advantages of Belize offshore jurisdiction

...quarters are not obliged to be present there on a regular basis. Operating language in Belize is English due to the fact that it is a former UK colony. You also do not need to file financial reports as you are not obliged to pay internal taxes. **trading rules in Belize offshore jurisdiction are also very close to standard.** You do not have right to do business with domestic companies: this...

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“To trade or not to trade?” or How Chinese Exchanges Overcome the Bitcoin Ban?

... China had banned Bitcoin exchanges. The reason for this ban is the government’s statement that frauds and money laundering took place on the exchanges.* Before these bans, China had a trustworthy role as one of the biggest **cryptocurrency** trading markets. At the same time, this country is ahead with the mining business and became, actually, one of the centers for crypto-enthusiasts. Wha...

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Financial Business Innovations in The Cayman Islands

...ers in the Cayman Islands will now have a special technical solution to perform electronic deals and clear goods. This is a project of the Cayman Islands’ Customs Department and it is aimed at easing traders’ life and start reformation of the e-trading. New clearance rules are attractive for the new importers and facilitate trading for existing ones. Generally, new legislative initiatives ...

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Why do they always choose Cyprus?

...ined the EU. After changing tax legislation, Cyprus became a country which is located the nearest from the Europe and, at the same time, has the lowest tax rates, especially for corporate incoming tax. Businesses connected with royalties, finance or trading are choosing this offshore jurisdiction more and more often. Main advantage of such taxation is business having opportunity to reduce operatin...

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Secrets of starting a business in the UAE

...a very important point to consider when forming your company in the United Arab Emirates. It consists of seven Emirates, which have different free trade areas, customs rules and investment climate. Different zones have different control authorities, trading requirements and documentation. You should perform a detailed study of these aspects to choose the best Emirate for your company and decide wh...

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Move business wisely. What to consider when choosing offshore jurisdiction?

...e now in charge of implementing their own tax reforms. This might bring business to different countries that are willing to lower pressure on business and raise its own economics. Harmonization of tax regulations and loyal conditions of cross-border trading might be a good reason for entrepreneur to choose this specific jurisdiction. In the UAE overview we have mentioned $135,000 compliance req...

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How to set up a business on Bahamas?

...ltant assistance and all necessary documents collected. What are other offshore business secrets of the Bahamas? There is a special list you should get acquainted with. Also, international companies cannot involve in providing agent services. For trading or conducting your services for the Bahamas citizens, you should receive a special permit from the government. Banking, insurance and investin...

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Starting offshore business in Vanuatu

...anuatu offshore international company only for carrying out small a business or financial management, you can confine yourself to being a single shareholder and director: there are no requirements for residence or number of founders and CEOs. Forex trading regulations as another common reason to enter Vanuatu offshore jurisdiction. Confidentiality policy in this country is very strict and this...

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Starting your own business in Saint Vincent and the Grenadines

...s or partners and licensing documentation. As soon as you provide the bank with all necessary details you will be able to open the account. In addition to opening a business account in SVG you will be able to use another services as well. Investment trading is available for offshore companies as well as transfer services, setting up a corporate payment system, using trust solutions and other possi...

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Mauritius Global Business Category 1 (GBC1)

...us written consent from the Financial Services Commission (“FSC”) has been requested and that the conditions laid out in the Financial Services Act have been met. Business formations involved in financial services business in particular forex trading, investment management, insurance, banking, investment advisory services, as an example, can only be created as GBC1 companies and receive ext...

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