HPR’s platform to include support for Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connects LeapRate

June 26, 2018 BY Valentina Kirilova

HPR's platform to include support for Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connects

Hyannis Port Research (HPR), provider of advanced capital markets infrastructure (CMI) technologies, has just announced the expansion of its market access platform to include support for the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connects. HPR’s platform includes its two pre-trade risk products for low latency market access: Riskbot® and Softbot®. Both provide over 50 highly…

June 26, 2018 BY LeapRate Staff

Brokeree Solutions releases Bonus Manager, Extended Dealing products for MT5 brokers

Estonia-based provider of high-grade technology solutions for forex brokers Brokeree Solutions has announced the release of new additions to its portfolio of MetaTrader 5 products: PAMM (Percent Allocation Management Module), Bonus Manager plugin, and Extended Dealing plugin. The company has been developing tech solutions for MT4 brokers since 2013. Nowadays, as the market leans towards MT5, Brokeree is…

June 26, 2018 BY Valentina Kirilova

Nasdaq Stockholm fines Wifog Holding AB

The Disciplinary Committee of Nasdaq Stockholm has found that Wifog Holding AB has breached Nasdaq First North’s regulations (the Rulebook) and, accordingly, ordered Wifog to pay a fine amounting to four annual fees, corresponding to an amount of SEK 293,394 (33,100 US dollars). The Disciplinary Committee has concluded that Wifog has acted in breach of…

June 26, 2018 BY Valentina Kirilova

ADGM and Hong Kong Monetary Authority sign FinTech co-operation agreement

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, and the Hong Kong Monetary Authority have announced that they have signed a co-operation agreement today to jointly promote and enable financial services innovation, and accelerate cross-border FinTech business opportunities in Hong Kong and the United Arab Emirates (UAE). With this agreement, ADGM…

June 26, 2018 BY Valentina Kirilova

New Zealand FMA warns against Mace, Parry and Associates

The Financial Markets Authority (FMA) has just issued a warning to a company called Mace, Parry and Associates. Mace, Parry and Associates Address: Level 4, 56 Victoria Street, Wellington Phone: +64 4 889 5453 Website: www.maceparry.com Email: [email protected] Mace, Parry and Associates is not a registered New Zealand Company and is not registered to provide…

June 26, 2018 BY Valentina Kirilova

CME Group launches options on Black Sea Wheat FOB and Black Sea Corn FOB

Derivatives marketplace CME Group has announced the launch of options on its Black Sea Wheat FOB (Platts) and Black Sea Corn FOB (Platts) financially settled futures contracts, to begin trading on July 16, 2018, pending all relevant regulatory review periods. The introduction of these options contracts follows the successful launch of financially settled Black Sea…

June 26, 2018 BY LeapRate Staff

UTrade owner Aviv Talmor jailed (again) after judge's empty-your-pockets demand in the courtroom

In the bizarre but continuing legal case of Aviv Talmor, former owner of the UTrade Retail FX and algo trading brand, Mr. Talmor has been sent (back) to jail for a second 14 day term after producing a "grocery list" in court which showed that he was not working to repay bankruptcy debts, as was agreed. Under…

June 26, 2018 BY Valentina Kirilova

Wells Fargo fined $4M for selling complex financial products to retail investors

The Securities and Exchange Commission (SEC) announced that Wells Fargo Advisors LLC agreed to settle charges of misconduct in the sale of financial products known as market-linked investments, or MLIs, to retail investors. According to the order, the SEC found that Wells Fargo generated large fees by improperly encouraging retail customers to actively trade the…

June 26, 2018 BY LeapRate Staff

Plus500 shares rise 1% following formal move to LSE Main Market

Shares of Retail FX and CFD broker Plus500 Ltd (LON:PLUS) were up nicely this morning, rising by 1% and re-approaching the company's all-time high as the company began trading for the first time on the LSE Main Market. Plus500 announced last week that it had received final approvals for the move to the Main Market from the LSE…

June 26, 2018 BY Valentina Kirilova

Moscow Exchange launches US 500 Index Futures

Moscow Exchange (MOEX) has informed the public that it has launched US 500 Index Futures. The underlying asset for US 500 Index Futures is the Solactive US Large Cap Index, a benchmark mirroring the performance of the 500 largest US companies. Renaissance Broker and Region Investments will quote buy and sell orders of 100 contracts…