BCSC warning
November 15, 2018 BY LeapRate Staff

Warning issued against offshore CFDs broker Rocket Consultant Group

Canadian financial regulator BCSC (British Columbia Securities Commission) has issued a warning against offshore CFDs broker Rocket Consultant Group. The move comes just several days after a similar warning issued by New Zealand's FMA involving CCM Clearing Limited, a Bulgaria based entity which the FMA said is associated with Rocket Consultant Group. The FMA stated that Rocket Consultant Group could…

Read more
SFC fines
November 15, 2018 BY LeapRate Staff

Hedge fund Algointeractive and founders hit with $1 million fine

A federal court in New York has entered orders against Kevin P. Whylie of Ozone Park, New York, Matthew James Zecchini of East Islip, New York, and the New York hedge fund they co-founded, Algointeractive Inc(together, Defendants), to pay more than $1 million in civil monetary penalties and restitution.  The Court’s Orders resolve the Commodity Futures Trading Commission’s (CFTC) enforcement…

Read more
November 15, 2018 BY Valentina Kirilova

Market research site Trading Central inks deal with broker DriveWealth

DriveWealth, LLC, a global digital trading technology company, has announced a strategic partnership with Trading Central, a financial market research and investment analytics firm. The new relationship will allow the two companies to leverage the complementary elements of their businesses: seamless, digital, mobile-first transaction capabilities and sophisticated, accessible and actionable financial content. DriveWealth CEO Robert…

Read more
OKCoin launches in Latin America with fiat-to-crypto trading for the Argentine Peso
November 15, 2018 BY Valentina Kirilova

OKCoin launches in Latin America with fiat-to-crypto trading for the Argentine Peso

OKCoin, the digital asset exchange offering its services over 110 countries, has announced the launch of its licensed exchange platform in Latin America by offering fiat-to-crypto trading between the Argentine peso and several major cryptocurrencies. Starting today, traders in Argentina can deposit Argentine peso (ARS) in exchange for cryptocurrencies including Bitcoin, Bitcoin Cash, Ethereum, Ethereum…

Read more
fca warning clone firm
November 15, 2018 BY Valentina Kirilova

FCA warns against Assurance ET Capital Partners clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Assurance ET Capital Partners. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their…

Read more
big xyt Liquidity Cockpit delivers insight on systematic internalisers
November 15, 2018 BY Valentina Kirilova

big xyt Liquidity Cockpit delivers insight on systematic internalisers

big xyt, the independent provider of high-volume, smart data and analytics capabilities, has just announced further client driven enhancements to its Liquidity Cockpit. With the introduction of a dedicated dashboard for analysing SI volumes, eligible users have the option to view and compare the reported SI volumes filtered by adjusted conditions, analysed by time, by…

Read more
fca warning
November 15, 2018 BY Valentina Kirilova

FCA warns against Access Loan 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 Access Loan. Access Loan is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…

Read more
First Republic Bank joins S&P 500 index, replaces Scana Corporation
November 15, 2018 BY Valentina Kirilova

iSTOXX FactSet Automation & Robotics Index licensed to BlackRock

STOXX Ltd., the operator of Deutsche Börse Group’s index business and a global provider of innovative and tradable index concepts, has licensed the iSTOXX® FactSet Automation & Robotics Index to BlackRock. The asset manager is launching an ETF today, which is listed in Tokyo. The index is comprised of companies from selected countries exposed to…

Read more