June 13, 2018 BY LeapRate Staff

Exclusive: Liquidity provider INFLYX hires AMB Prime and TopFX veteran Paul Orford

LeapRate Exclusive... LeapRate has learned that FX and multi-asset liquidity provider and prime broker INFLYX has hired FX industry veteran Paul Orford as the company's new Head of Institutional Sales. Based in Cyprus, INFLYX is a trade name of CySEC-licensed ICC Intercertus Capital Limited. ICC also operates Retail FX brokerage brand EVERFX. LeapRate reported exclusively…

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June 13, 2018 BY Valentina Kirilova

FCA warns against ADG Placement clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm ADG Placement. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to…

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June 13, 2018 BY Valentina Kirilova

FCA warns against Capital City Holdings 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 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…

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June 13, 2018 BY Valentina Kirilova

Trendrating launches 14 new Momentum indexes

Trendrating, 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…

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June 13, 2018 BY Valentina Kirilova

INTL FCStone acquires Luxembourg FX broker Carl Kliem

INTL 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…

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June 13, 2018 BY Valentina Kirilova

Klarna teams up with EMaC for a new payments service

Payments 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…

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June 13, 2018 BY Valentina Kirilova

Thomson Reuters expands sentiment data to track more cryptocurrencies

More 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…

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June 13, 2018 BY Valentina Kirilova

Alberta Securities Commission appoints new General Counsel

The 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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June 13, 2018 BY LeapRate Staff

Traders’ Room and CRM for your FX Brokerage: 101

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…

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June 13, 2018 BY Valentina Kirilova

SIFMA terminates Auction Rate Securities Indices

The 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…

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