MAS Monetary Authority of Singapore
November 05, 2018 BY Valentina Kirilova

Bank Indonesia and MAS establish US$10 billion bilateral financial arrangement

Bank Indonesia (BI) and the Monetary Authority of Singapore (MAS) have established a bilateral financial arrangement of USD 10 billion equivalent. The arrangement will enable the two central banks to access foreign currency liquidity from each other, if needed, to preserve monetary and financial stability. The bilateral financial arrangement, which will be in place for…

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SFC fines
November 05, 2018 BY Valentina Kirilova

Financial Circle fined $9 million for multiple breaches of obligations

Australian regulator ASIC has just informed that a Melbourne-based financial services and credit business has been ordered by the Federal Court to pay penalties of $8,980,000 in total after it engaged in numerous contraventions of financial services, credit and consumer protection laws. Financial Circle offered personal loans to consumers of up to $5,000 that could…

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Iain Rogers GMI
November 05, 2018 BY LeapRate Staff

Exclusive: Iain Rogers leaves Pepperstone for COO job at GMI UK

LeapRate Exclusive... LeapRate has learned that Pepperstone UK Managing Director Iain Rogers has resigned his position in the company. And, following a brief garden leave, Mr. Rogers plans to join FCA regulated institutional FX and CFDs broker Global Market Index Limited (GMI UK), as the company's new COO. Iain Rogers joined Pepperstone about a year and…

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SGX announces trading volumes
November 05, 2018 BY Valentina Kirilova

SGX strengthens partnerships in China with the signing of two MoUs

Singapore Exchange (SGX) has announced that it will sign Memorandums of Understanding (MOUs) with Zhejiang (S) Entrepreneurs Association (ZJEA) and China Futures Association (CFA), in an effort to further strengthen ties with China as part of its multi-asset, international growth strategy. The signing ceremonies will take place tonight at a gala dinner in Beijing to…

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November 05, 2018 BY Valentina Kirilova

DIFC signs landmark agreement with China Banking Association

Dubai International Financial Centre (DIFC), the financial hub in the Middle East, Africa, and South Asia region (MEASA), has announced that it has signed a landmark Memorandum of Understanding (MoU) with China Banking Association (CBA). This will be a significant addition to the Centre’s global network of strategic partnerships. DIFC and CBA will collaborate on…

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exness fx volumes
November 05, 2018 BY LeapRate Staff

Exness has second best ever month for FX trading volumes at $377 billion

FCA and CySEC licensed Retail FX broker Exness has reported an 8% rise in FX trading volumes for the month of October 2018, its second consecutive month of growing volumes following a relatively slow summer trading season. October volumes came in at $377.0 billion at Exness, versus $349.1 billion in September. The $377 billion figure represented Exness’…

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Dash Text launches in Venezuela to enable payments via SMS
November 05, 2018 BY Valentina Kirilova

Dash Text launches in Venezuela to enable payments via SMS

Dash, the cryptocurrency for payments and e-commerce, has announced the launch of Dash Text, a Venezuela-based company providing SMS-based transactions for Dash. T his now provides a completely new way for users to acquire, store, and spend their Dash, while solving for one of the major barriers to entry in the cryptocurrency space — the…

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Pepperstone office
November 05, 2018 BY LeapRate Staff

Exclusive: Pepperstone grows revenues 54% in 2018 to AUD $256 million

LeapRate Exclusive... LeapRate has learned via regulatory filings that leading Australian retail forex brokerage group Pepperstone has continued its impressive growth trajectory, growing the business by more than 50% in Fiscal 2018. Pepperstone has a June 30 fiscal year end, so the results described are for the year ended June 30, 2018. Fiscal 2018 completed…

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