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 Capital City Holdings. Capital City Holdings is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
Read moreTrendrating, a provider of Smart Momentum investment models and technology, announced today the launch of 14 new Momentum indexes across various investment universes. These indexes employ Trendrating’s proprietary trend capture methodology to deliver superior returns. The calculations for these indexes are being implemented by Solactive AG. We are excited to announce the launch of this…
Read moreINTL FCStone Inc. (Nasdaq: INTL), today announced that it has executed a sale and purchase agreement to acquire FX broker Carl Kliem S.A, of Luxembourg. Closing is conditional upon approval of the Commission de Surveillance du Secteur Financier. Carl Kliem is an independent interdealer broker based in Luxembourg, a leading European financial hub, which provides…
Read morePayments and consumer finance provider Klarna has just announced a partnership with EMaC – UK’s provider of service plans to the UK automotive industry. EMaC dealers can now offer their customers the ability to use Klarna’s consumer finance in store to pay for repairs and vehicle accessories, interest-free, as part of a ‘Drive now, Pay…
Read moreMore news from information giant Thomson Reuters (NYSE:TRI) today, as the company has announced that it has expanded its sentiment data offerings to track the top 100 cryptocurrencies through its partnership with MarketPsych Data LLC, a company specializing in quantitative behavioral science. This new MarketPsych Indices (TRMI) package uses machine learning and natural language processing…
Read moreThe Alberta Securities Commission (ASC) has announced the appointment of Samir Sabharwal as General Counsel, effective immediately. Mr. Sabharwal has been serving as Acting General Counsel since the May 2018 appointment of Kari Horn to the role of Vice-Chair. Samir is highly qualified for this role, having served as the ASC’s Associate General Counsel for…
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The following article was written by Anya Aratovskaya, VP of Institutional Sales at Advanced Markets and Fortex, Inc. As with most businesses, the operation of a Retail FX Brokerage involves a lot of moving parts that must be synced together to create an efficient and viable business. These would include Legal (KYC, trading agreements, dispute…
Read moreThe Securities Industry and Financial Markets Association (SIFMA) has announced that it will wind down the publication of its suite of SIFMA Auction Rate Securities Indices. To do so in an orderly fashion with proper notice to the market, each time the number of issues included in an index decreases to ten, SIFMA will post…
Read moreEuronext has just announced the listing of microprocessor specialist Kalray, France’s largest IPO since 2012 on its Euronext Growth market. Founded in 2008, Kalray designed and developed MPPA® (Massively Parallel Processor Array), a unique microprocessor architecture that expands real-time computing power exponentially while keeping energy consumption very low. The company is a spin-off of CEA,…
Read moreLeapRate Exclusive... LeapRate has learned that automated regulatory compliance specialist muinmos has appointed Jonas Nielsen, former CEO of FX platform, data and charting provider NetDania Markets, as its new Business Development Director. Jonas Nielsen was CEO of Copenhagen based NetDania Markets for the past eight years. He brings a wealth of experience to muinmos in…
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