Exclusive: FX brokers sending ‘non-marketing’ emails promoting offshore entities LeapRate

September 18, 2018 BY LeapRate Staff

Exclusive: FX brokers sending 'non-marketing' emails promoting offshore entities

LeapRate Exclusive... LeapRate has learned that a number of EU based Retail FX and CFD brokers have been sending out emails to their clients and IBs/Affiliates, reminding them that they cannot formally market out-of-EU accounts to clients. But, reminding them that the clients may themselves, of their own initiative, seek out foreign brokers and open…

September 18, 2018 BY Valentina Kirilova

FCA warns against Anahera and Partners 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 Anahera and Partners. Anahera and Partners is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

September 18, 2018 BY Valentina Kirilova

ANZ launches smartphone ATM access in Australia

The Australia and New Zealand Banking Group Limited (ANZ) has announced a new way for customers to access cash on the go, using only their smartphone or watch at 2,400 ATMs across Australia. ANZ customers will be able to withdraw cash from ANZ ATMs using their preferred mobile payments device instead of plastic cards across…

September 18, 2018 BY Valentina Kirilova

Alpari adds two new members to its international team

Retail Forex broker Alpari has just announced that it has added Cesar Valencia (Chile) and Renan Raminelli (Brazil) to the team of analysts at Alpari Research & Analysis Limited; one of the companies under the international Alpari brand. Cesar Valencia has been working in finance for more than 8 years. Before joining Alpari, he worked…

David Puth to step down as CEO of CLS Group

September 18, 2018 BY Valentina Kirilova

David Puth steps down as CEO of CLS Group

CLS, the market infrastructure group delivering settlement, processing and data solutions, has just announced that Chief Executive Officer David Puth has decided to step down after leading the company since 2012. Chairman Kenneth Harvey will act as interim CEO until a successor is named. Puth will remain with CLS through 30 November to ensure a…

September 18, 2018 BY Valentina Kirilova

FCA warns against Cooper Consultancy Ltd 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 Cooper Consultancy Ltd. Cooper Consultancy Ltd is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

September 18, 2018 BY LeapRate Staff

TechFinancials Revenues down 46% in 1H-2018 as Binary Options business stalls

Binary options platform and broker turned Blockchain company TechFinancials Inc (LON:TECH) has announced its financial results for the first half of 2018, indicating (not too surprisingly) that Revenues were down by 46% from 1H-2017, to $3.78 million. TechFinancials earlier this year shut down its OptionFair binary options brokerage brand, gave up its CySEC license, and shuttered…

September 18, 2018 BY Valentina Kirilova

ATFX adds new exotic pairs to its product offerings

Global Forex brokerage group ATFX has announced that it has released up to 10 new exotic pairs that will offer traders and investors more choice with respect to their trading options. More details on the pairs are available on ATFX’s official website, which in turn is offered in 13 languages. Exotics are a currency pair…

September 18, 2018 BY Valentina Kirilova

ASIC bans two former Macquarie advisers for 10 years

Australian regulator ASIC has banned Mark Alexander Landau of Balmain, New South Wales (formerly of Toorak Gardens, South Australia) and Marcus Roderick Campbell of South Brighton, South Australia from providing financial services for 10 years. The decisions were made by ASIC’s new Financial Services and Credit Panel, which found that Mr Landau and Mr Campbell…

September 18, 2018 BY Mariela Naydenova

Bitcoin "Whales" are moving the market

The price of Bitcoin is everything but stable these days. And while there are many analyses and news as to why the "people's currency" is jumping up and down with huge price swings, there may be a simpler economic explanation. According to some press, the reason why the price has been recently moving are the…