Curex Group hires Glen Sargeant for European Business Development LeapRate

September 06, 2018 BY LeapRate Staff

Curex Group hires Glen Sargeant for European Business Development

New York City-based institutional foreign exchange execution services and data analytics company Cürex Group has announced that Glen Sargeant has joined its ranks as Managing Director, European Business Development. Based in London, Glen Sargeant will be responsible for the development of customer relationships for Cürex throughout the UK and Europe. Glen Sargeant has 25 years of…

Woodbridge Group of Companies LLC and former owner Robert H. Shapiro fined $1 billion

September 06, 2018 BY LeapRate Staff

Two Michigan men charged in day trading Ponzi scheme

The U.S. Securities and Exchange Commission (SEC) has announced that it has charged two Michigan men with fraud for their roles in a fake accounts scheme perpetrated by a phony day-trading firm, Nonko Trading. The SEC alleges that Jeffrey Goldman of West Bloomfield, Michigan, and Christopher Eikenberry of Birmingham, Michigan, participated in and profited from…

September 06, 2018 BY LeapRate Staff

Admiral Markets expanding into deposits and loans with Credit Institution Licence application

Estonia based Retail FX and CFD brokerage group Admiral Markets AS has announced that it has applied for a credit institution licence through the Estonian Financial Supervision Authority, which is currently processing the application. Admiral Markets said that it has made the application for a credit institution licence to support its core service offering -…

September 06, 2018 BY LeapRate Staff

Exclusive: Tickmill UK monthly volumes hit $16 billion, Client Funds $8 million

LeapRate Exclusive... LeapRate has learned via regulatory filings that Tickmill UK Ltd, the FCA licensed arm of Estonian-controlled Retail FX brokerage group Tickmill, posted fairly impressive results during its first full year of operation. Tickmill UK received its FCA authorization in July 2016, and started trading activities in November 2016. The Tickmill group was established…

September 06, 2018 BY Mariela Naydenova

Is Goldman Sachs out of the cryptocurrency trading desk idea?

Bitcoin is sinking and taking all alt coins down with it, it seems. The price of the "people's currency" is going down and has reached a price level of $6,900 according to CoinDesk. In December 2017, the price of Bitcoin reached $20,000. Back then, a lot of investors were bullish on the future of Bitcoin.…

September 05, 2018 BY Valentina Kirilova

RUONIA Futures Contract hit record open interest on MOEX

Open interest in the RUONIA Futures Contract tripled in the first nine months of 2018 to over RUB 66 billion, reaching an all-time high since the launch of interest derivatives on MOEX in autumn 2016. Igor Marich, Managing Director of the Money and Derivatives Markets at Moscow Exchange, commented: We see rising interest in exchange-traded…

Vertical Knowledge launches Robotic Process Automation to alternative data

September 05, 2018 BY Valentina Kirilova

Eagle Investment Systems and ACA to streamline performance data reporting for GIPS verification

Eagle Investment Systems LLC, a BNY Mellon company and provider of financial services technology, and ACA Compliance Group (ACA), a provider of risk management and technology solutions focused on regulatory compliance and performance, have announced that they have collaborated to help standardize and streamline Global Investment Performance Standards (GIPS®) verifications for clients. The GIPS standards,…

First Republic Bank joins S&P 500 index, replaces Scana Corporation

September 05, 2018 BY Valentina Kirilova

MSCI and Tadawul to launch joint Saudi Arabia tradeable index

MSCI Inc., a provider of indexes and portfolio construction and risk management tools and services for global investors, has announced the signing of an agreement with the Saudi Stock Exchange Co. (Tadawul), the largest stock exchange in the region in terms of market capitalization and turnover, to create a joint tradeable index that can serve…

September 05, 2018 BY Valentina Kirilova

Securities Commission Malaysia to cease all activities promoting Lavidacoin

The Securities Commission Malaysia (SC) has just announced that it has issued a notice directing the promoter of Lavidacoin to cease all promotional activities in relation to Lavidacoin with immediate effect, pending further review by the SC into the matter. DSV Crypto Club, LUX Galaxies and VI Profit Galaxy, who were found to be promoting…

September 05, 2018 BY LeapRate Staff

Plus500 investor Odey picks up 5% stake in Playtech

London based investment manager Odey Asset Management has made filings indicating that it has acquired a 5.02% stake in online gaming and financial trading company Playtech PLC (LON:PTEC). The interest of about 15.9 million Playtech shares (consisting of 6.7 million Playtech ordinary shares and 9.2 million CFDs on Playtech shares) is worth approximately £78.8 million (USD…