ELITE, London Stock Exchange Group’s business support and capital raising programme, just announced that it has welcomed 13 new international companies, bringing the total number of companies in the ELITE community to over 850. The CEOs of the 13 new ELITE international companies and seven CEOs from the newly graduated ELITE companies opened trading in…
Read moreLeapRate Exclusive... LeapRate has learned that Investoo Group, which has rapidly grown to become one of the largest FX and crypto affiliates, is now registered by the Financial Conduct Authority (FCA) in the UK, as an Appointed Representative of Met Facilities LLP. Met Facilities provides a regulatory hosting umbrella for funds, start-ups, fintechs and financial…
Read moreCobalt, the foreign exchange (FX) post-trade processing network based on shared infrastructure and high performance technology, just announced that it has secured a strategic investment from Singapore Exchange (SGX). SGX’s investment will support the continued expansion of Cobalt’s footprint into the FX space, further accelerating technology development and build out of the team. Cobalt’s solution…
Read moreThe company reported that VT Markets Pty Ltd possesses the most advanced technologies of the group and will make major breakthroughs in all aspects of mobile network applications, online transactions, trading communities and intelligent transactions. According to these reports, VT Markets will launch their state-of-the-art mobile trading App in May 2018. As was also exclusively…
Read moreAustralian regulator ASIC announced today that it has modernised and updated its regulatory guidance on the licensing regime for financial markets. Regulatory Guide 172 Financial markets: Domestic and overseas operators (RG 172) introduces a two-tiered market licence regime, applying a risk-based assessment. The new approach has been facilitated by legislative changes, made by the Government…
Read moreShenzhen Stock Exchange (SZSE) and Shanghai Stock Exchange (SSE) announced that as a Consortium have recently won the bid for 25% stake in Dhaka Stock Exchange (DSE) of Bangladesh. The proposal for the deal has been approved by regulators of both countries. In the spirit of sincerity, practicality, cooperation and mutual benefit, the Consortium developed…
Read moreIntercontinental Exchange (NYSE: ICE), the operator of global exchanges and clearing houses and provider of data and listing services, has reported financial results for the first quarter of 2018. For the quarter ended March 31, 2018, consolidated net income attributable to ICE was $464 million on $1.2 billion of consolidated revenues less transaction-based expenses. First…
Read moreFCA regulated online CFD brokerage house CMC Markets Institutional (LON:CMCX) has announced that it will be offering its eligible existing and new clients the opportunity to switch to its new CMC Pro account. Following the recent announcement by the European Securities and Markets Authority (ESMA), retail clients will no longer be able to trade using…
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Continuing a very strong start to the year in which it saw more than a trillion dollars of trading volumes in Q1, FCA and CySEC licensed Retail FX broker Exness has reported that April client volumes came in at $364.3 billion. April volumes were actually down 3% from March's record $375.4 billion, but still represent…
Read moreMizuho Americas announced that Susan Gilbertson has been named Director of US Equity Research for Mizuho Securities USA. In this role, she will be responsible for driving the quality of the research product and managing the continued growth of the firm’s coverage universe. She will report to Matthew DeSalvo, Head of Equities. Gilbertson has more…
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