October 22, 2018 BY Mariela Naydenova

The cryptocurrency M&A market - outlook

JMP Group LLC, a leading San-Francisco-based investment banking and asset management company, released its cryptocurrency findings for 2017 and shared an outlook on the M&A activity in the digital coin market for 2018. According to the research, cryptocurrency M&A activity was not correlated with the pressure that has hit the overall cryptocurrency market in 2017.…

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sec building
October 22, 2018 BY LeapRate Staff

SEC halts trading in American Retail Group over false crypto claims

The U.S. Securities and Exchange Commission today suspended trading in the securities of a company amid questions surrounding its statements about partnering with a claimed SEC-qualified custodian for use with cryptocurrency transactions and a purportedly registered public offering of preferred stock. The SEC’s trading suspension order says that two August 2018 press releases issued by Nevada-based American…

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Fiserv and the Co-operative Bank expand relationship in readiness for open banking
October 22, 2018 BY Valentina Kirilova

Fiserv and the Co-operative Bank expand relationship in readiness for open banking

Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, has announced a newly expanded agreement with The Co-operative Bank to provide more flexibility for customers to choose how they conduct their everyday banking in relation to the European Union’s Second Payment Services Directive (PSD2). The bank will implement FinKit™ for Open Banking…

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Paxos teams up with bitcoin payment service BitPay
October 22, 2018 BY Valentina Kirilova

ayondo and Phnom Penh Derivative Exchange to grow trading opportunities

ayondo Ltd., through its indirect subsidiary, ayondo Markets Limited, and Phnom Penh Derivative Exchange Plc (PPDE) have informed that they are establishing a collaboration through a white label agreement for ayondo to provide its CFD Trading platform TradeHub® as the main execution base for derivative brokers trading CFDs for PPDE’s clients in Cambodia (the “Collaboration”).…

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Moscow Exchange MOEX
October 22, 2018 BY Valentina Kirilova

INR/USD FX futures begin trading on MOEX

On 22 October 2018, an Indian rupee/US dollar FX futures contract began trading on the Moscow Exchange Derivatives Market, Moscow Exchange (MOEX) has just announced. The contract is quoted in Indian rupees per US dollar. It will expire monthly. The contract size is USD 1,000. Contract series with expiration in November and December 2018 as…

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fca warning clone firm
October 22, 2018 BY Valentina Kirilova

FCA warns against Global Wealth Asia clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Global Wealth Asia. 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…

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Nasdaq
October 22, 2018 BY Valentina Kirilova

Equiti Group’s Divisa Armenia becomes Nasdaq OMX member

Divisa AM (Armenia) has announced that it has become a Nasdaq OMX Armenia market member and participant member in the foreign currency market. This membership allows Divisa AM to trade corporate securities available on NASDAQ OMX Armenia as well as participate in the foreign exchange market. The company will trade under DIVAM ticker symbol. Divisa AM…

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Crude oil prices could bounce as Coronavirus panic settles
October 22, 2018 BY Valentina Kirilova

Intercontinental Exchange launches Permian WTI crude oil futures

Intercontinental Exchange, Inc. (NYSE:ICE), an operator of global exchanges and clearing houses and provider of data and listings services, has just announced the launch of physically delivered Permian WTI (Contract code: HOU) crude oil futures, deliverable in Houston, Texas. Houston has become the pricing center for U.S. crude oil production and exports, and the new…

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