Hong Kong SFC
August 24, 2018 BY Valentina Kirilova

SFC launches investor identification for northbound trading

The Hong Kong Securities and Futures Commission (SFC) has announced that it has reached an agreement with the China Securities Regulatory Commission (CSRC) to implement an investor identification regime for northbound trading under Mainland-Hong Kong Stock Connect on 17 September 2018. The investor identification regime will facilitate more effective monitoring and surveillance by the CSRC…

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Torstone Technology expands its London headquarters
August 24, 2018 BY LeapRate Staff

Exclusive: Chinese-owned UK Forex broker Global Markets Group hires Alex Iakobachvili as CEO

LeapRate Exclusive... LeapRate has learned that FCA regulated startup Retail FX brokerage Global Markets Group Limited has hired FX industry executive Alex Iakobachvili as the company's new Managing Director and CEO. Alex Iakobachvili joins Global Markets Group from Global Markets Index Limited (or GMI UK, despite the similar name no relationship to his new employer) where…

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CFI london Launched
August 24, 2018 BY LeapRate Staff

CFI opens London office headed by former Fixi CEO Richard Wynn

Credit Financier Invest (CFI) Ltd has announced today the launching of its branch in the UK, after acquiring the necessary regulatory authorisations (which we had reported on in June) and the completion of other preparations. CFI’s offices will be located at 70 Gracechurch Street, London. CFI has chosen to be located in the city’s financial district, recognised globally as a…

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Lingxi ,China Finance Online Co. Limited
August 24, 2018 BY Valentina Kirilova

MAS and SGX partner Anquan, Deloitte and Nasdaq to harness blockchain technology for settlement of tokenised assets

The Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX) have announced a collaboration to develop Delivery versus Payment (DvP) capabilities for settlement of tokenised assets across different blockchain platforms. This will allow financial institutions and corporate investors to carry out simultaneous exchange and final settlement of tokenised digital currencies and securities assets, improving operational…

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binary options ban eu
August 24, 2018 BY LeapRate Staff

ESMA extends binary options trading ban into 2019

Just halfway through its initial three month ban on offering binary options trading products in the EU, pan European financial regulator ESMA has announced that it will be extending the ban for a further three months. The initial temporary ban was finalized in March and came into effect on July 2, running through to October…

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moex moscow exchange
August 24, 2018 BY Valentina Kirilova

MOEX releases higher trading volumes on all markets in Q2

Moscow Exchange (MOEX) has just announced its financial results in accordance with International Financial Reporting Standards (IFRS) for Q2 2018. Higher trading volumes on all markets and a favorable change in the product mix helped achieve record high fee and commission (F&C) income. Unless stated otherwise, all figures below refer to performance in Q2 2018…

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August 24, 2018 BY Valentina Kirilova

SharesPost and Securitize team up to facilitate listing of security tokens

SharesPost, the provider of liquidity solutions to the private growth asset class, has announced that it has partnered with Securitize, an end-to-end technology platform for tokenizing any asset, to enable security token issuers to list on the SharesPost platform. The partnership will help both investors and security token issuers by providing additional liquidity and accessibility…

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August 23, 2018 BY Mariela Naydenova

The nine applications for Bitcoin ETFs - all rejected by the SEC

The SEC is serious about regulating the Bitcoin "market", it seems. The Security and Exchange Commission has just denied a total of nine Bitcoin ETF applications from several investors, including ProShares, Direxion and GraniteShares. The rejection of the nine applications by the three candidates was announced one day prior to the deadline (23rd August). ProShares…

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