NEX Markets connects with Eurex to launch new clearing solution for BrokerTec Europe customers LeapRate

November 02, 2018 BY Valentina Kirilova

NEX Markets connects with Eurex to launch new clearing solution for BrokerTec Europe customers

NEX Markets, a NEX Group (LON:NXG) business providing electronic trading technology solutions at the centre of the FX and fixed income global markets, has announced that BrokerTec Europe Limited has worked with Eurex Clearing, one of the largest global CCPs, to launch a new clearing solution for the European repo market. The new clearing solution…

November 02, 2018 BY Valentina Kirilova

ASIC obtains orders against Goldsky Global Access Fund Pty Ltd

The Queensland Supreme Court has appointed Anthony Castley of William Buck as receiver and manager over the assets of Goldsky Global Access Fund Pty Ltd, Kenneth Charles Grace and associated entities. Freezing orders were also made restraining the disposal of any property (including money and securities) by Mr Grace, Goldsky Global Access Fund Pty Ltd, Goldsky Asset…

Bitcoin ATM operator Coinsource expands NY footprint

November 02, 2018 BY Valentina Kirilova

Bitcoin ATM network Coinsource granted a virtual currency license in New York

Coinsource, the Bitcoin ATM network, has announced that it was granted a virtual currency license in the state of New York. With approximately 40 physical kiosks in the state, the Fort Worth based company becomes the first Bitcoin ATM operator to be granted a New York virtual currency license, and only the twelfth company overall.…

November 02, 2018 BY Valentina Kirilova

FCA warns against Cantor Fitzgerald Bank clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Cantor Fitzgerald Bank. 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 tactics…

November 01, 2018 BY Mariela Naydenova

Cryptocurrency AUM stands at $6.4 billion thanks to VCs and hedge funds

The cryptocurrency assets under management have increased from around $680 million in January 2017 to almost $7 billion in recent months, shows a research by Morgan Stanley. The boom of cryptocurrency assets under management has soared to such high levels mainly because of heavy support and investments from venture capital firms, private equity and hedge…

November 01, 2018 BY LeapRate Staff

FXSpotStream hits volume records with October FX trading at $35.9B ADV

For the second month in a row, multibank FX aggregation service FXSpotStream has reported record figures indicating continued and rapid growth for the company. Both October total volumes of $824.6 billion and average October daily volumes of $35.9 billion set (by a wide margin!) new monthly records for FXSpotStream. Best previous results for the company…

November 01, 2018 BY Valentina Kirilova

SFC sets out new regulatory approach for virtual assets

The Hong Kong Securities and Futures Commission (SFC) has issued a statement setting out a new approach which aims to bring virtual asset portfolio managers and distributors of virtual asset funds under its regulatory net. It also sets out a conceptual framework for the potential regulation of virtual asset trading platforms. In light of the…

November 01, 2018 BY Valentina Kirilova

Deutsche Börse cash markets' trading volume up nearly 50% YoY in October

Trading volume 48% higher year-on-year Deutsche Börse cash markets achieved a turnover of €171.6 billion in October (2017: €115.9 billion). This corresponds to a year-on-year increase of 48 percent. Of the €171.6 billion, €156.7 billion were attributable to Xetra (October 2017: €102.9 billion). The average daily turnover on Xetra was thus €7.1 billion. Order book…

November 01, 2018 BY Valentina Kirilova

FCA warns against Trade Capital Investments LLC 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 Trade Capital Investments LLC trading as Trade Capital. Trade Capital Investments LLC t/a Trade Capital is not authorised by the FCA but has been targeting people…

November 01, 2018 BY Valentina Kirilova

New Zealand FMA warns against Cryptogain firm

The Financial Markets Authority (FMA) has just issued a warning against a scam company called Cryptogain. Cryptogain Website: www.cryptogainlimited.com Email: [email protected] Reason for warning: The regulator recommends exercising caution before dealing with the website www.cryptogainlimited.com as it has the characteristics of a scam, including using the name of a New Zealand registered entity without the…