FXSpotStream forex volumes
September 05, 2018 BY LeapRate Staff

FXSpotStream sets FX volumes record in August 2018 at $652 billion

Multibank FX aggregation service FXSpotStream has reported figures indicating that August 2018 volumes were up slightly from July on an average daily volume basis, and due to having more trading days in August surpassed the company's previous best-ever month in terms of total trading volumes. Overall, FXSpotStream supported $652.4 billions of volumes in August, versus…

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September 05, 2018 BY Mariela Naydenova

Bailing out with Bitcoin

Defendants can now bail out with Bitcoin. The Federal Court in California is now accepting the "people's currency" for releasing defendants. According to press releases, Bitcoin has never been used for bail outs until now. This is considered a major "breakthrough" as cryptocurrency payments were never used for getting someone out of jail. The defendant…

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SIX Swiss Exchange
September 04, 2018 BY Valentina Kirilova

SIX increases its stake in SECB GmbH to 100%

SIX Swiss Exchange has held a 25% stake in SECB (Swiss Euro Clearing Bank GmbH) since 1999. The other shareholders are the Swiss banks UBS, Credit Suisse and PostFinance, each with a 25% holding. SIX, in its capacity as the core infrastructure service provider of the Swiss financial center, is SECB’s largest client. The purpose…

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Eurex volumes
September 04, 2018 BY Valentina Kirilova

Eurex reports strong month for European equity derivatives

In August, Eurex, Europe’s largest derivatives exchange and part of Deutsche Börse Group, has announced that it has seen strong demand for its products. Traded European interest rate contracts increased by 27 percent to 46.6 million, from 36.7 million in August 2017. Demand was particularly high for European equity derivatives (+56 percent) with 21.9 million…

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clone firm FCA warning
September 04, 2018 BY Valentina Kirilova

FCA warns against Tickeo clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Tickeo. 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 to scam…

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FlexTrade adds Paul Beatty to team
September 04, 2018 BY Valentina Kirilova

GAIN Capital hires IG Group's Alex Howard as Managing Director, Asia Pacific

Gain Capital Holdings Inc (NYSE:GCAP) has just announced the appointment of Alex Howard as Managing Director, APAC (excluding China), effective September 3, 2018. In the newly created role, Alex Howard will be responsible for the overall strategic execution and performance of GAIN's retail business in Australia, Singapore, Japan and Southeast Asia. Mr. Howard will be…

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CySEC fines
September 04, 2018 BY Valentina Kirilova

CySEC fines LQD Markets €50.000

Cyprus financial regulator CySEC has just announced that it has fined LQD Markets €50.000. The full note issued by CySEC on the matter reads as follows: 04 September 2018 CYSEC Board Decision Announcement date: 04.09.2018; Board decision date: 02.07.2018 Regarding: LQD Markets Ltd Legislation: The Investment Services and Activities and Regulated Markets Law Subject: Fine…

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Paysafe launches paysafecard in Montenegro
September 04, 2018 BY Valentina Kirilova

Paysafe launches paysafecard in Montenegro

The popular and secure online prepaid payment method is now available for online shopping in 47 countries paysafecard, a provider of online prepaid payment methods and part of Paysafe Group, continues its international expansion with a launch in Montenegro. paysafecard is a long-standing method of prepaid payment and today’s launch means that it is now…

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