bitmain bitcoin mining chip hardware
July 15, 2018 BY LeapRate Staff

Bitcoin mining hardware leader Bitmain adding 40 employees in Israel

China-based Bitcoin mining leader Bitmain is apparently looking to aggressively increase its R&D hiring, including a push to significantly grow its high-tech offices in Israel, where the company currently has about 15 employees. Israel business news source Globes is reporting that Bitmain representatives have informed that the company is actively looking to add 40 employees…

Read more
fca warning
July 13, 2018 BY Valentina Kirilova

FCA warns against IvoryOption 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 IvoryOption. IvoryOption is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which require authorisation:…

Read more
FINRA's 2018 volume tops 2017 activity by 87%
July 13, 2018 BY Valentina Kirilova

FINRA handles record volume of market activity through 1H 2018

The Financial Industry Regulatory Authority (FINRA) has informed the public that it has processed an unprecedented amount of market activity through the first six months of 2018, averaging a record 57.9 billion electronic records per day during the period — a 62% increase over the average daily volume in 2017. FINRA’s pioneering cloud strategy has…

Read more
Lord Stanley Fink eToro
July 13, 2018 BY LeapRate Staff

eToro targets institutional crypto investors, adds Lord Stanley Fink as a special adviser

Retail FX brokerage group eToro has announced the appointment of Lord Stanley Fink as Special Adviser to the business globally. The company said that Lord Fink will advise eToro as it sees increasing interest in cryptoassets from institutional investors around the world. He will take on a part-time role working closely with eToro’s management including co-founder…

Read more
fca warning
July 13, 2018 BY Valentina Kirilova

FCA warns against LS Traders 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 LS Traders. LS Traders is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…

Read more
Valutrades website
July 13, 2018 BY LeapRate Staff

Exclusive: Valutrades raises $2 million from shareholders to support growth

LeapRate Exclusive… LeapRate has learned via regulatory filings that FCA regulated Retail and Institutional FX and CFD brokerage Valutrades Limited has raised £1.4 million (USD $1.9 million) in additional capital from its controlling shareholders Anil Bahirwani and Mohandas Lakhiani. Valutrades was originally set up about six years ago as the FCA-regulated UK business of Anil…

Read more
Hong Kong SFC
July 13, 2018 BY Valentina Kirilova

SFC standardises rules for prescribing professional investors

The Hong Kong Securities and Futures Commission (SFC) announced that amendments to the Securities and Futures (Professional Investor) Rules (PI Rules) have come into operation today. The categories of professional investors have been expanded to include holding companies which wholly own another corporation which is itself a qualified professional investor. Directors of holding companies should…

Read more