VNX Exchange partners with blockchain application platform NEM LeapRate

October 08, 2018 BY Valentina Kirilova

VNX Exchange partners with blockchain application platform NEM

VNX Exchange, the marketplace and trading platform for tokenized venture capital assets, has announced a partnership with NEM, a blockchain application platform. Through this partnership, VNX Exchange and NEM will develop protocols and standards for operating security tokens on the NEM blockchain through their entire life cycle. VNX aims to reduce financial barriers for regular…

October 08, 2018 BY Valentina Kirilova

Richard Bartlett resigns as PrimeXM Head of Sales

Technology provider PrimeXM has informed that it is bidding farewell to its Head of Sales, Richard Bartlett after a successful 5 year tenure with the company. The departure was finalized on the 3rd of October 2018, on excellent terms. PrimeXM has expressed its sincere gratitude towards the dedication of Richard over the years, aiding towards…

October 08, 2018 BY Valentina Kirilova

BitGo adds Dash to its list of currencies

BitGo, the institutional-grade cryptocurrency security company, has just announced that it has added Dash to its expanding list of currencies. BitGo now supports 85 coins and tokens as part of its quickly growing list of digital currencies. Dash is a new money system that allows users to make instant payments online or in-store using a…

October 08, 2018 BY Valentina Kirilova

Non-Zero lists its NZO token on the LATOKEN Exchange

Brokerage industry transformation pioneer Non-Zero has announced that it has added the NZO token to the LATOKEN exchange. Even before the conclusion of its token sale, the firm continues securing more options for the followers of its new ecosystem in the retail financial industry. Non-Zero is tackling a much discussed issue for ICO projects - the…

October 08, 2018 BY Valentina Kirilova

NZX Board rejects Elevation Capital demands for adopting its strategy

New Zealand’s exchange (NZX) has informed that its board has rejected six unreasonable demands Elevation Capital placed on the company. The demands are attached, however to summarise the key demands and NZX’s response: Demand from Elevation Capital: that Elevation is immediately granted three directors (Craig Stobo, Christopher Swasbrook and Michael Daniels) on the NZX board.…

October 08, 2018 BY LeapRate Staff

Playtech raises €530M in junk bonds to repay Snaitech debt

Online gaming and financial trading company Playtech PLC (LON:PTEC) announced late Friday that it has successfully priced €530 million (USD $611 million) in new junk debt. The 3.75% senior secured five-year notes due 2023 are expected to be assigned a rating of BB by S&P Global Ratings Europe Limited, UK Branch and Ba2 by Moody's Investors Service…

October 08, 2018 BY Valentina Kirilova

ASIC permanently bans another former NAB branch manager

An ongoing ASIC investigation has resulted in the permanent banning of former National Australia Bank (NAB) branch manager Mathew Alwan from engaging in credit activities and providing financial services. The ban is the result of an extensive ASIC investigation in respect of NAB employees in greater western Sydney who were accepting false documents in support…

October 07, 2018 BY LeapRate Staff

FX Industry Week Review: Forex broker gives up CySEC license, LCG and ETX results, and lots more

Which Retail FX broker was the latest to renounce its CySEC CIF license, and leave Cyprus? Were ETX Capital and LCG able to rebound from losses in their most recently reported fiscal periods? Who became the latest significant institutional investor in Markets.com parent Playtech? Which FX industry executives changed places this week? (There were several!).…

October 05, 2018 BY Valentina Kirilova

Tokyo Commodity Exchange to list TSR futures on October 9

The Tokyo Commodity Exchange, Inc. (TOCOM) has announced that their new Technically Specified Rubber (TSR) futures contracts will list on October 9, 2018 after receiving regulatory approval from the Minister of Agriculture, Forestry and Fisheries and the Minister of Economy, Trade and Industry today. TSR is a class of natural rubber and, along with Ribbed…

October 05, 2018 BY Valentina Kirilova

LME proposes requirements for the responsible sourcing of metal in listed brands

The London Metal Exchange (LME) has published a position paper detailing new proposed requirements for listed brands regarding the responsible sourcing of metals, which align with the principles set out by the Organisation for Economic Co-operation and Development’s (OECD) “Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas” (Guidance). LME…