June 22, 2018 BY LeapRate Staff

LCH SwapClear receives recognition as a central counterparty in Mexico

Global clearing house LCH has announced that it has obtained recognition as a central counterparty from the Banco de México. The recognition for LCH’s SwapClear Service is effective from June 22, 2018 and provides a greater choice of CCPs to those participants affected by the Mexican clearing mandate. With this recognition, LCH can expand clearing…

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June 22, 2018 BY Valentina Kirilova

Gasunie Transport Services expands cooperation with Pegas

The Dutch gas transmission system owner and operator, Gasunie Transport Services, and the operator of the pan-European gas trading platform PEGAS, Powernext, announced that both companies will expand their cooperation: as of 1st July 2018, Gasunie Transport Services will use PEGAS as the exclusive platform for the determination and provision of the Neutral Gas Price…

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June 22, 2018 BY Valentina Kirilova

Blockchain-based solution Shyft unveils board of advisors

The blockchain-based solution Shyft has just announced its high profile Board of Advisors. Shyft’s inaugural group of advisors bring deep industry knowledge from international business and finance, blockchain, economics, and Know Your Customer (KYC) and Anti Money Laundering (AML) compliance. The Board of Advisors will play a critical role in providing strategic guidance across multiple dimensions…

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June 22, 2018 BY Valentina Kirilova

Nigerian Stock Exchange to improve Equities Market Structure

The Nigerian Stock Exchange (The Exchange or NSE) has just announced that it has reviewed its Equities Market Structure, which shall become effective on Monday, July 2, 2018. The new Market Structure will create a level playing field for all market participants and enable investors deploy broader trading strategies, enjoy best execution and benefit from…

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June 22, 2018 BY Valentina Kirilova

Nasdaq announces the Board of Directors for its U.S. exchanges

Nasdaq, Inc. (Nasdaq:NDAQ) has announced the election of all nominated directors to the boards of the U.S. exchanges operated by the company, which include The Nasdaq Stock Market, LLC; Nasdaq PHLX, LLC; Nasdaq BX, Inc.; Nasdaq ISE, LLC; Nasdaq MRX, LLC; and Nasdaq GEMX, LLC: Virgis W. Colbert, Senior Advisor, MillerCoors LLC Michael J. Curran,…

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June 22, 2018 BY Valentina Kirilova

France AMF warns against offshore FX brokers Binarycent, Raceoption and VideoForex

The Autorité des marchés financiers (AMF) and the Autorité de contrôle prudentiel et de résolution (ACPR) have published a list of new websites and entities offering investments on the unregulated foreign exchange (Forex) market in France, without authorisation to do so. Here are the new websites recently identified: www.binarycent.com / Cent Projects Ltd / Finance…

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June 22, 2018 BY Valentina Kirilova

ASIC enhances its enforcement toolkit beyond Australia’s borders

Australian regulator ASIC has announced that it has become one of the first signatories to the IOSCO Enhanced Multilateral Memorandum of Understanding Concerning Consultation and Cooperation and the Exchange of Information (EMMoU), an enhanced standard for cross-border enforcement cooperation. By signing the EMMoU, ASIC has highlighted its power to assist foreign regulators by compelling physical…

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June 22, 2018 BY Valentina Kirilova

FCA warns against Alpha Algorithms T/A Fomax Capital Ltd

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 Alpha Algorithms T/A Fomax Capital Ltd. Alpha Algorithms is not authorised by the FCA but has been targeting people in the UK and is also carrying…

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