Samtrade FX, a leading online trading broker that is committed to giving traders safe, easy, and inexpensive access to Forex and Contracts for Difference (CFD) trading, today announced that it has been registered and authorized as a FCA Designated Representative (reference number) : 929921), implementation regulator for financial services companies and financial markets in the United Kingdom (United Kingdom).
This latest license strengthens Samtrade FX’s ability to operate as an official and trusted financial service provider for securities in various regions.
As the main regulatory body that carries out a supervisory role over financial institutions in the UK, the FCA secures the right level of protection for consumers and maintains the integrity of the UK financial system market. Anti-Money Laundering (AML), for example, is the main focus of the FCA. To ensure it continues to comply with FCA-specific AML compliance regulations – such as monitoring for suspicious activity and conducting risk assessments, Samtrade FX recently appointed Vic Tham, a veteran in the area of risk and compliance, as Global Chief Risk and Compliance. Officer
In addition, Samtrade FX announced that it has obtained an Australian Financial Services (AFS) license (registration number: 001281861) from ASIC, an independent Australian government body that acts as a regulator of Australian companies. With FCA and AFS licenses, Samtrade FX can now offer financial product advice, provide deposit or deposit services, and handle securities on behalf of new and existing clients in Europe and Asia.
This license complements the International Business Corporation (IBC) license granted to Samtrade FX (registration number: 25290 IBC 2019) by the Saint Vincent and Grenadines Financial Services Authority, to allow businesses to deal with securities as Principal. Samtrade FX is also regulated (registration number: M19977589) by the Canadian Center for Financial Transactions and Analysis Reports (FINTRAC) as a Money Services Business (MSB).
“Since the merger, ensuring trust and trust in every trade has been central in everything we do,” said Sam Goh, Founder and CEO, Samtrade FX. “These additional layers of regulation – on top of existing licenses owned by Samtrade FX, strengthen our commitment to set the highest standards possible in corporate governance, trading experience and client satisfaction. This also enhances SamAideTM, which offers clients secure funds to trade with peace of mind. “
SamAideTM is a Samtrade FX Secure Fund Coverage framework consisting of five pillars – holding all clients’ money in separate custodian accounts under a strict legal guardianship framework with appropriate custodial functions; third party insurance with The Eye Protection Center (EPC) for protection of additional funds; professional compensation protection with Howden Insurance Brokers; Samtrade FX is a member of The Financial Commission, which acts as a neutral and independent committee that fairly reviews and settles disputes in the financial services industry on the Forex market; and protection of negative balances on all accounts.
Founded in 2015, Samtrade FX has progressively expanded its operations and market reach, which now includes Europe, Southeast Asia and Greater China, as well as customized service delivery for all more than 50,000 clients and more than 150 partners. “Our comprehensive technology infrastructure has ensured rapid execution of client trades without complications and minimal technical problems. This technological arrangement, together with our continued determination to comply with new regulatory standards, is the basis on which we do business and differentiate ourselves, and this approach has been validated by a growing list of retail and institutional clients who turn to us for flawless service, “Goh said.
The Samtrade FX trading platform provides real-time price quotes and trade execution, advanced chart making with various time frames, pip value calculators, and financial market news, etc. To ensure a smooth trading experience for clients, Samtrade FX uses the MetaTrader 4 platform, which is available for download on Windows, Apple Store and Google Play. It also offers its own mobile application,
SamAppTM, which allows clients to access key functions such as funding, account details, and transaction history, etc., and is available for download on Google Play. SamAppTM will be available on the Apple Store in the coming weeks.
BERLIN _ Warning has been heard that the second wave of pandemic coronavirus has hit Germany when the daily infection rate rises, with the government’s infectious disease agency also saying it is deeply concerned.
“The second wave of coronavirus is already here. It’s happening every day. We have a new group of infections every day that could be a very high number,” Michael Kretschmer, prime minister of the eastern state of Saxony, told Rheinische on Saturday. Post newspaper.
Kretschmer’s comments came a day after the Robert Koch Institute (RKI) government noted a significant increase in new infections every day from around 500 to more than 800 at one point last week.
“This development is very worrying and will continue to be monitored very closely by RKI,” a spokesman told dpa on Friday night. “Further exacerbations of the situation must be avoided.”
Health authorities in Germany reported 781 new infections in the 24 hours to midnight (2200 GMT) on Friday, according to the agency. The previous day the number was 815.
This means that at least 204,964 people in Germany have been infected with the corona virus since the start of the outbreak, RKI reported on Saturday morning, while 9,118 people infected with the virus have died to date, an increase of seven compared to the previous day.
An estimated 189,800 people have recovered from infection on Saturday morning.
Germany has gradually lifted strict restrictions imposed in mid-March to slow the spread of the virus.
When public life was reopened, the government launched a coronavirus tracking application in mid-June that was designed to warn people about possible contact with the virus and trace the chain of infection.
Since then it has been downloaded 16.2 million times, although it began to come under fire this week after extensive operating problems arose.
The Ministry of Health has confirmed that the problem not only affects Android smartphone users but also iPhone users.
The problem is with the continuous update function that is intended to run in the background to exchange anonymous code; However, the operating system often disables this when the application is not open to save battery.
“Now, on more and more smartphones, contact verification is said to be uneven. This worries more than 15 million users,” the German Foundation for Patient Protection said on Saturday, calling for an explanation from Health Minister Jens Spahn.
Then on Saturday, application developers, software giant SAP and telecommunications company Deutsche Telekom, said they had published an update that they said had fixed the problem on the iPhone.
Similar updates have been available for Android users for several days.
The disaster of the application coincides with some terrible data from RKI.
The final reproductive rate, which measures the ability of the disease to spread, is 1.24, up from 1.08 the previous day, which means that the average infected person infects more people.
This number, also known as the R-value, has a lag time of about one and a half weeks. RKI has repeatedly stressed that for the outbreak to subside gradually, this number must remain below 1.
RKI also measures the seven-day R value that is not too affected by daily fluctuations. The latest value is 1.25, up from 1.16 the previous day.
Although the number of new cases is increasing throughout the country, the RKI said on Friday that more than 60 percent was caused by increased infections in the western state of North Rhine Westphalia and in the southwestern state of Baden-Wuerttemberg.
Regarding the recent increase in the number of new corona virus infections in Germany, Minister of Health Spahn said that this “must be done primarily with travel activities, returning travelers from certain regions, some of them Western Balkans, Turkey.”
He said that even travel between various German federal states “carries the appropriate risk if we do not recognize it.”
“What we have now is a lot of smaller outbreaks,” Spahn said.
“(The question now is) whether this will turn into waves or whether we will be able to solve it together in time, that is, quickly identify and quickly disrupt the infection chain. This requires targeted and extensive testing.”
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Last updated when July 22, 2020 11:50 a.m.
Dunya News has obtained CCTV footage of both incidents.
KARACHI (Dunya News) – Criminal activity in Karachi has begun to increase when robbers looted a cellphone shop and stole a panel of cars in two separate incidents, Dunya News reported on Wednesday.
According to details, bandits robbed a cellphone shop in broad daylight in the Metroville area in the metropolis. The face of one of the robbers is closed while the other is not.
In another incident, the suspect stole the panel of a car in Gulistan-e-Johar while holding a security guard hostage at gunpoint. This is the third incident of street crime in block 7 of Gulistan-e-Johar for two months.
Dunya News has obtained CCTV footage of both incidents while police are searching for criminals.
JP Morgan has acquired a minority stake in Brazilian fintech startup FitBank, according to local reports. Investment details not disclosed.
Inaugurated in 2015, FitBank describes itself as Brazil’s largest open banking outfit, providing a white label platform that allows banks and fintechs to offer bill payments, online treasury, banking, financial management, transfers and escrow services.
According to local news sites Score, around 96 clients have used the technology for 180,000 accounts. The new money will be used to expand into new countries in Latin America.
Renata Vilanova Lobo, head of wholesale payments, Brazil, JP Morgan – who joined the FitBank board – told Citywire: “Strategic investment in FitBank is an important addition to maintaining and growing our leadership in wholesale payments in Latin America.”
This development has nothing to do with sneezing.
Coronavirus can immediately be detected by sneezing or coughing into the phone, using a small sensor that will produce results in 60 seconds, according to the report.
University of Utah engineering professor Massood Physician-Azar said he led the research team to develop a quarter-sized device, which can be plugged into a cellphone charging port and test saliva particles for viruses, Metro UK reports.
“If someone breathes, coughs, sneezes or blows on the sensor, it will be able to find out whether they suffer from COVID-19,” Doctor Azar told the outlet.
If a virus exists, there are strands of DNA on the sensor that will bind to the viral protein, which will trigger an electrical resistance that indicates a positive result, said Doctor Azar.
“The sensor will change color or visually indicate the presence of COVID-19 so that it can be seen with the naked eye,” said Doctor Azar.
Doctor Azir said the gadget could be available within three months since he had made a prototype sensor a year ago to help detect the Zika virus which is transmitted by mosquitoes.
“The plan is to program to identify COVID-19 instead,” said Doctor Azir, who was awarded a $ 200,000 National Science Foundation Quick Response grant to develop new devices, according to the KTVX news station.
Doctor Azir notes that gadgets can be produced cheaply and will also be a less invasive way to test for viruses.
People today are tested through nasal swabs where mucus is collected from the back of the nose and throat.
“I think it will help a lot by opening up the country and giving people peace of mind that they are in a safe environment,” he told KSL-TV news station.
Google does not plan to maintain Motion Sense, 9to5 Google Report.
Motion Sense debuted on the side Pixel 4, but it seems that the feature hasn’t gained enough traction back in 2020. In an episode Alphabet spoon, 9to5Google revealed that sources indicated the Soli radar chip might be lagging behind Pixel 5. If that turns out to be true, Pixel 5 will not offer hands-free ability to control the user interface. Google designed the Soli radar chip to analyze the people and objects around it, understand where users are and how they move.
Face Unlock rely on Soli’s radar chip too. Google shouldn’t find it difficult to implement face recognition through different methods.
In addition, Soli’s radar chip has regulatory constraints. Google cannot use components in several countries, disable Motion Sense despite its status as a main feature. So it seems not too surprising to hear Google might leave Motion Sense altogether.
Pixel 5 is reported to be arriving this fall, but this ship may take advantage of the middle class chipset rather than the latest and greatest Qualcomm. Rumors suggest it will be sports Snapdragon 765G, which supports 5G and other capabilities are often limited to high-end smartphones that are worth $ 1,000 or more. Google can charge less for Pixel 5 because of this decision, and consumers won’t object. This also sparked new interest in Pixel phones as Recent sales seem lackluster.