Insurance pioneer Setoo integrates SafeCharge for multi-directional payment processing LeapRate

Berkshire Bank offers real-time payments with Finastra

November 06, 2018 BY Valentina Kirilova

Insurance pioneer Setoo integrates SafeCharge for multi-directional payment processing

Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has just announced its integration with insurance and protection-as-a-service company Setoo. Setoo has integrated SafeCharge’s technology to facilitate multi-directional payment processing through its platform, enabling the seamless transfers of funds and avoiding the need for any complicated insurance claim processes. Some of the more traditional…

First Republic Bank joins S&P 500 index, replaces Scana Corporation

November 06, 2018 BY Valentina Kirilova

Deutsche Bank references Solactive China Consumers Index as underlying for tracker certificate

Chinese households possess a huge spending capacity. From 2010 to 2017, the retail sales of consumer goods in China accumulated from 158 bn RMB (22.7 bn USD) to more than 366 bn RMB (52.7 bn USD) – revealing a Compound Annual Growth Rate of 11 percent p.a. over the last eight years. Targeted at investors…

November 06, 2018 BY Valentina Kirilova

NEX Markets volumes remain strong in October

NEX Group PLC (LON: NXG) just announced their markets volumes for the month of October. US Repo continues its monthly rise, Spot FX jumped with 3% MoM to 88.7. US Treasury was up 37% MoM in October. The exact numbers can be seen in the table below: Summary Average daily volume (in USD billions, single…

November 06, 2018 BY Valentina Kirilova

FCA warns against Reg Investment Bank

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company Reg Investment Bank. Reg Investment Bank is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

FlexTrade integrates MSCI Risk and Factor Analysis

November 06, 2018 BY Valentina Kirilova

FlexTrade integrates Bernstein Cube into FlexTRADER EMS

Multi-asset execution and order management systems company FlexTrade Systems has just announced the integration of the Bernstein Cube into the FlexTRADER EMS, which will provide traders with a comprehensive portfolio construction, risk analysis and pre-trade system right from the blotter. Bernstein Cube offers a global, multi-day pre-trade model for single stock and portfolio level trades,…

November 06, 2018 BY LeapRate Staff

Saxo Bank FX trading volumes remain low at $187.8 billion in Oct2018

After seeing its trading volumes hit multi year lows in September, Copenhagen based Retail FX broker Saxo Bank has reported an uptick in activity during the month of October, but volumes were still much lower than Saxo was seeing late last year and in the first few months of 2018. Saxo's all-important FX trading volumes…

November 06, 2018 BY Valentina Kirilova

LXDX announces its initial Security Token Offering

LXDX, a high-speed cryptocurrency exchange operated with military-grade security protocols, has just announced its initial Security Token Offering. The LXDX corporation will issue tokens that together represent a 10% share in the company and dividend rights. LXDX is the first digital asset exchange to offer tokens backed by both equity as well as a recurring…

November 06, 2018 BY Valentina Kirilova

FCA warns against Signature Cards firm

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company Signature Cards / Gem Finance Cards / Easy Cash Cards. Signature Cards / Gem Finance Cards / Easy Cash Cards is not authorised by the FCA…

JFD Brokers expands tradeable stocks’ portfolio

November 06, 2018 BY LeapRate Staff

JFD Brokers completes the acquisition of ACON Bank

Almost 11 months after JFD Brokers started the acquisition of the investment bank ACON, the German financial industry regulator Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) as well as the Central Bank of Germany (Bundesbank) approved the deal. With the acquisition, the multi asset broker and portfolio manager JFD Brokers enhances its product portfolio with investment banking, trading…

November 06, 2018 BY Valentina Kirilova

Anthony S. Kelly, Co-Chief of Asset Management Unit, to leave SEC

The Securities and Exchange Commission (SEC) has announced that Anthony S. Kelly, Co-Chief of the Enforcement Division’s Asset Management Unit, will be leaving the agency this month after more than 18 years of service. The Asset Management Unit is the Division’s largest specialized unit and focuses on misconduct by investment advisers and service providers to…