fma warning
August 01, 2018 BY Valentina Kirilova

French AMF warns against Patrimoine Gestion Management and PGM Patrimoine

Following a number of reports from savers regarding the websites www.patrimoinegestion-management.com and www.pgm-patrimoine.com and the entities Patrimoine Gestion Management and PGM Patrimoine, the Autorité des marchés financiers (AMF) and the Autorité de contrôle prudentiel et de résolution (ACPR) have issued a public warning. These websites and entities are not authorized either by the AMF or…

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CLS teams up with Trust bank to welcome first Japanese funds to settlement service
August 01, 2018 BY Valentina Kirilova

CLS teams up with Trust bank to welcome first Japanese funds to settlement service

CLS, a market infrastructure group delivering settlement, processing and data solutions, has just announced that the first Japanese-domiciled funds have access to CLSSettlement as third-party clients. Asset manager Fidelity International and The Master Trust Bank of Japan, Ltd (MTBJ), a trust bank exclusively engaged in asset management, have the first Japanese-domiciled funds to settle foreign…

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LCG trading floor
August 01, 2018 BY LeapRate Staff

LCG completes going-private deal after receiving FCA approval

London based Retail FX, CFDs and Spreadbetting broker London Capital Group (or LCG) has announced that it has received FCA approval for the transaction which will see the operations of the brokerage transferred to a private company controlled by Charles-Henri Sabet, called SLCG International DMCC. The publicly traded company now retains 8.5% of the issued share…

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tfx japan forex click365
August 01, 2018 BY Valentina Kirilova

TFX-Click 365 volumes up 6% MoM in July

Tokyo Financial Exchange (TFX) has just released its trading volumes report for the month of July. The trading volume of Three-month Euroyen futures was 110,841 ( + 38.0% MoM / - 25.6% YoY ) and its average daily volume was 5,278. 項目 July   2018 Trading Volume Daily Average Change on Previous Month Year on…

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ESMA - Did they go too far?
August 01, 2018 BY LeapRate Staff

FCA warns brokers against pushing 'replacement' products to leveraged CFDs

UK financial regulator The FCA has issued a statement targeted to brokers, regarding the selling of high-risk speculative investments to retail clients following ESMA’s action on CFD products. In June 2018, the European Securities and Markets Authority (ESMA) finalised temporary measures to restrict the sale, marketing and distribution of contracts for difference (CFDs) to retail…

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CFI FX liquidity Zero-730x440
August 01, 2018 BY LeapRate Staff

CFI Dubai launches enhanced liquidity dedicated for Institutional clients

Credit Financier Invest (DIFC) Limited, or CFI Dubai, part of the CFI Financial Group has announced the launching of its new enhanced liquidity dedicated for Institutional Clients, dubbed as CFI’s ULTIMATE LIQUIDITY STREAM. The company stated that CFI’s ULTIMATE LIQUIDITY STREAM is the ultimate top of book pricing layer designed to cater for institutional clients’ needs. Among…

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FastMatch Euronext FX volumes
August 01, 2018 BY LeapRate Staff

FastMatch July 2018 FX trading volumes down 10% to $20 billion ADV

Continuing a string of somewhat slow set of trading volumes being reported for the month of July by leading institutional FX platforms, Forex ECN FastMatch has reported that July 2018 FX trading volumes were down 10% from June, with average daily trading volumes coming in at $20.0 billion. However, despite the seasonal slowdown, that is not…

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