June 25, 2018 BY Valentina Kirilova

Nasdaq Closing Cross sets record for number of traded shares

Nasdaq (Nasdaq:NDAQ) today announced the Nasdaq Closing Cross had a record day as it was used for the 15th consecutive year to rebalance Nasdaq-listed securities in the entire family of Russell U.S. Indexes, part of global index provider FTSE Russell, during their annual reconstitution. A record 1.188 billion shares representing $39.26 billion were executed in…

Read more
June 25, 2018 BY LeapRate Staff

ATFX Forex market update: June 25, 2018

The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. Before the weekend, OPEC and non-OPEC oil producers finally reached a constructive agreement and decided to increase crude oil production appropriately from July. As the international crude oil market increased by nearly 1 million barrels a day in the second half…

Read more
June 25, 2018 BY Valentina Kirilova

Gold miner Aprelskoe teams up with Vox Markets

Aprelskoe Limited, the Kyrgyz Republic focused gold exploration and development company, whose shares are traded on the J P Jenkins trading platform, has announced it has engaged Vox Markets to enhance its communications with investors. Vox Markets offers a compliant platform which allows greater access to information to existing shareholders, and also gives Aprelskoe an…

Read more
June 25, 2018 BY Valentina Kirilova

GMEX to launch a Mauritius based International Commodities and Derivatives Exchange ecosystem

GMEX Group (GMEX), a global provider of multi-asset exchange trading, post trade business solutions and technology has announced it will launch a Mauritius based International Derivatives and Commodities Exchange (MINDEX) ecosystem. The setting up of a MINDEX ecosystem was initially an initiative first announced in the National Budget 2016/2017, and the GMEX-led private sector consortium…

Read more
June 25, 2018 BY Valentina Kirilova

ADGM launches crypto asset regulatory framework

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, has announced that it has today launched its framework to regulate spot crypto asset activities, including those undertaken by exchanges, custodians and other intermediaries in ADGM. This follows the successful completion of a public consultation on the introduction of a robust crypto asset…

Read more
June 25, 2018 BY Valentina Kirilova

FCA warns against Arden & Partners clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Arden & Partners. 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…

Read more
June 25, 2018 BY LeapRate Staff

ASIC accepts court enforceable undertaking from Vantage Global Prime to address systems and controls inadequacies within its CFD business

Australia financial regulator ASIC has announced that it has accepted a court enforceable undertaking from Vantage Global Prime, to address systems and controls inadequacies within its CFD business. Vantage is an Australian Financial Services licensee that is authorised to deal in financial products including CFDs to retail and wholesale clients. CFDs are derivative financial products…

Read more