June 07, 2018 BY Valentina Kirilova

ASIC suspends AFS license of Vesta Living Communities

The Australian Securities and Investments Commission (ASIC) announced that it has suspended the Australian financial services (AFS) license of Vesta Living Communities Ltd (Vesta) after concluding that it had not maintained adequate compliance measures to meet its license obligations. ASIC found Vesta had not met the organisational competence and financial resource requirements of its license.…

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June 07, 2018 BY LeapRate Staff

RoboMarkets adds US share trading in its R Trader terminal

RoboMarkets Ltd, the CySEC licensed arm of global FX brokerage group RoboMarkets, has announced that it has opened access to new trading instruments in its multi-asset R Trader terminal. From now on, RoboMarkets clients can start investing in real stocks from the largest American stock exchanges, and also take part in all corporate events as…

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June 06, 2018 BY Valentina Kirilova

FCA warns against Holzmann Friedrich clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Holzmann Friedrich. 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 06, 2018 BY Valentina Kirilova

Decentral hires gamification pioneer Yu-kai Chou as CXO

Decentral Inc., Canada blockchain company and the creator of the multi-platform, multi-currency digital wallet Jaxx, has announced that gamification pioneer Yu-kai Chou has joined its executive team as Chief Experience Officer (CXO). Chou will spearhead the company’s gamification efforts within Jaxx Liberty, the newly unveiled single, gamified interface for everyone to experience the blockchain ecosystem…

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June 06, 2018 BY Valentina Kirilova

Coinage launches mobile cryptocurrency exchange with margin trading

Coinage has announced that it has launched a new mobile-friendly cryptocurrency exchange, called Coinage Exchange. We believe that crypto assets and markets are evolving into an asset class that every portfolio on Main Street and Wall Street will want exposure to,” said Chad Pankewitz, CEO of Coinage. “We listened to investors who want innovative products…

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June 06, 2018 BY LeapRate Staff

ESMA Q1-2018 securities market Risk Dashboard cites ICOs, Binary Options and CFDs

Pan-European financial regulator European Securities and Markets Authority (ESMA) has issued today the latest iteration of its Risk Dashboard, covering risks in the EU’s securities markets for Q1-2018. Overall, ESMA stated that its overall risk assessment remains unchanged from Q4-2017, at high levels. ESMA said that it remains concerned about risks posed to investors, which have…

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June 06, 2018 BY Valentina Kirilova

SGX welcomes Jawala Inc to Catalist

Singapore Exchange (SGX) has announced that it has just welcomed Jawala Inc to its Catalist under the stock code “1J7”. Jawala Inc is a forest resource company based in Malaysia with a focus on industrial tree plantations situated in Sabah. Its main business is the management of forestry resources, and the planting and extraction of…

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June 06, 2018 BY LeapRate Staff

FXCM May FX trading volumes up 15% MoM to $212 billion

Continuing the string of strong FX volume reports we have seen from across the Retail and Institutional trading world for the month of May 2018, retail broker FXCM has announced that its volumes in May were up 15% month-over-month, $212 billion versus $184 billion in April. We are expecting a (quiet) rebranding of FXCM in…

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