Forex Industry News this past week at LeapRate was punctuated by financial results from a variety of brokers from around the world. And with some of the results glowing while others showing losses, it clearly demonstrates that the past few months have been very much a case of the haves, and the have-nots, in the…
Read moreContinuing its string of warnings against unregulated brokers and other scams targeting retail traders in Canada, Canadian securities regulator the British Columbia Securities Commission (BCSC) has added to its Investment Caution List unregulated offshore broker Truevalue Investment International Limited. The company operates from websites truevalueinvestmentint.com and truevalueinvestsint.com. Truevalue Investment claims to provide sophisticated forex, bullion and…
Read moreIntegrated Asset Management Corp. (TSX:IAM) today announced that the Toronto Stock Exchange (TSX) has approved IAM’s notice of intention to renew its normal course issuer bid for the purchase for cancellation of certain of its common shares. As at May 10, 2018, there were 27,713,127 issued and outstanding common shares of IAM. Under this renewal…
Read moreFintech company Broadridge Financial Solutions, Inc. (NYSE:BR) has announced that the U.S. Patent and Trademark Office granted U.S. Patent No. 9,967,238 (the “‘238 Patent”) directed to blockchain technology that will enhance the processes for proxy voting and repurchase, or repo, agreements. As a key participant and solutions provider in global capital markets technology, Broadridge continues…
Read moreThe following article was written by Jasper Lawler, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). The yield curve is in the process of flattening, where short-term bond yields are rising relative to longer term bond yields. This is sending mixed signals to the forex markets. There are several reasons why…
Read moreBlockchain Valley Ventures (BVV), a new accelerator and venture capital firm offering investment, financing, and advisory services for blockchain-enabled businesses, announced that it has launched today. The firm will focus on investments in, and the incubation and development of, business ventures in a number of industries that are utilizing blockchain technology to facilitate growth and…
Read moreThe UK Financial Conduct Authority (FCA) has put out details of the cloned firm CreditMyFunds. 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 scam…
Read moreThe Financial Markets Authority (FMA) has just issued a formal warning to Andrew James Sturge, the sole director and shareholder of Managed Forex Hub Limited (Company Number: 4599319 – removed on 15 December 2017) (MFH), under s 9 of the Financial Markets Authority Act 2011. The complete warning can be seen below: On 12 September…
Read moreThe Eastern Magistrates’ Court convicted Mr Lui Ho Yeung after he pleaded guilty to two counts of making false or misleading representations in support of his licence applications to the Hong Kong Securities and Futures Commission (SFC). Lui failed to disclose his previous criminal conviction in his SFC licence applications in 2009 and 2015 respectively.…
Read moreCryptocurrency trading platform Crypto Facilities has just announced the launch of futures for Ethereum. The new derivatives contract will start trading at 4pm UK time today. The first Ethereum futures to be offered by a regulated firm, the products will enable market participants to take a long or short position in the cryptocurrency, allowing them to…
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