Admiral Markets adds copper and 7 agricultural commodities to its CFD offering LeapRate

Marex Spectron hires Carter Evans as Head of North American grains desk

September 10, 2018 BY Valentina Kirilova

Admiral Markets adds copper and 7 agricultural commodities to its CFD offering

Estonia based Retail FX brokerage firm Admiral Markets Group AS has announced further expansion of the range of accessible markets on our flagship Admiral.MT5 account. Starting today, the broker's Professional clients may enjoy priority access to live trading in Admiral Markets' CFD on copper as well as in seven agricultural commodity CFDs: cocoa, coffee arabica,…

September 10, 2018 BY Valentina Kirilova

FCA warns against St. James’s Place clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm St. James’s Place. 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…

September 10, 2018 BY Valentina Kirilova

Huobi Group announces Indonesia expansion

Huobi Group, the global blockchain asset financial service provider, has announced its plan to expand into Indonesia. The new exchange will list 123 tokens and incorporate a two-factor authentication (2FA) to help secure each digital asset. The Huobi Indonesia Digital Currency Exchange is built on Huobi Cloud platform and will cover Indonesia, while serving the…

September 10, 2018 BY Valentina Kirilova

Australian broker Bell Direct selects FlexTrade OMS for Smart Order Routing & Algo trading

Multi-asset execution and order management systems company FlexTrade Systems has just announced it is working with Australian-based, online broker Bell Direct to use FlexOMS to facilitate Smart Order Router Algo strategies for the Australian market (ASX and Chi-X Australia). According to Lee Muco, COO of Bell Direct, choosing FlexTrade was a strategic choice. We needed…

BIS announces key appointments in Singapore and Switzerland

September 10, 2018 BY Valentina Kirilova

Hong Kong SFC welcomes appointment of new Chairman

The Securities and Futures Commission (SFC) has welcomed the appointment by the Chief Executive of Mr Tim Lui Tim-leung as the Chairman of the SFC for a term of three years from 20 October 2018. Mr Lui will succeed Mr Carlson Tong, who will step down next month having chaired the SFC for six years…

September 10, 2018 BY Valentina Kirilova

FCA warns against Blue Trading 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 Blue Trading. Canadian securities regulator the British Columbia Securities Commission (BCSC) has also warned against the entity earlier this year. Blue Trading is not authorised by…

September 10, 2018 BY Valentina Kirilova

SEC charges microcap fraudsters for roles in lucrative market manipulation schemes

The Securities and Exchange Commission (SEC) has announced that it has charged a group of 10 individuals and 10 associated entities for their participation in long-running fraudulent schemes that generated over $27 million from unlawful stock sales and caused significant harm to retail investors who were left holding virtually worthless stock. According to the SEC’s…

September 09, 2018 BY LeapRate Staff

FX Industry Week Review: Forex broker goes offshore, Plus500 shareholders cash in, and lots more

Which Retail FX broker decided to 'move offshore', from its home country to St. Vincent? Which Plus500 shareholders pocketed more than $400 million from the sale of stock? What are Tickmill UK's trading volumes? Admiral Markets' revenues? Answers to these questions and more appeared first or only at LeapRate. Some of our most viewed and…

September 07, 2018 BY Valentina Kirilova

TradingScreen teams up with Imagine Software to enhance offerings

TradingScreen Inc. (TS), the all-asset class order and execution management system (OEMS), has just announced upgrades to its partnership with Imagine Software, which offers real-time portfolio, risk, and compliance management solutions. TradingScreen recognizes the need to create seamless integrations and cultivate deeper partnerships to ultimately benefit trading desks faced with varying regulatory and compliance demands,”…

September 07, 2018 BY LeapRate Staff

Virtu prepays another $74 million on its KCG acquisition term loan facility

Virtu Financial, Inc. (NASDAQ:VIRT), a leading technology-enabled market maker and liquidity provider to the global financial markets, today announced further actions to reduce debt and modify its capital structure. Virtu has commenced marketing for a repricing transaction of its 1st Lien Senior Secured Term Loan Facility (the “TL”). In conjunction with the repricing transaction, Virtu…