TechFinancials rocket
September 07, 2018 BY Valentina Kirilova

COSIMO Ventures launches COSIMO X tokenized VC fund

COSIMO Ventures, a global venture capital (VC) firm, announced the launch of COSIMO X: an evergreen, tokenized VC fund focusing on early stage deep tech companies with a particular concentration on blockchain technology, spanning industries such as artificial intelligence, AR/VR, IoT, and cybersecurity. COSIMO X is structured to provide enhanced liquidity for investors along with…

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Berkshire Bank offers real-time payments with Finastra
September 06, 2018 BY LeapRate Staff

INTL FCStone buys SWIFT Service Bureau from PayCommerce

Commodities and Forex broker INTL FCStone Inc. (NASDAQ:INTL) has announced that to expand the capabilities of its Global Payments Division, it has acquired the fully accredited SWIFT Service Bureau from PayCommerce. This acquisition will now enable INTL FCStone to act as a SWIFT Service Bureau for its 350-plus correspondent banking network, thus providing another important service for delivering local currency, cross-border payments…

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fx best execution
September 06, 2018 BY LeapRate Staff

Sucden Financial partners with FairXchange for FX trade execution performance

International derivatives and FX broker Sucden Financial has announced that it has partnered with FairXchange to provide its eFX clients and partners with independent analysis of execution performance. FairXchange is a data science firm specialising in microstructural analysis of financial markets. It was founded in 2016 with the aim of bringing clarity and transparency to…

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Curex Group fx
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…

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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…

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admiral markets expo
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 -…

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