LeapRate Exclusive... LeapRate has learned via regulatory filings that FCA regulated broker ITI Capital Limited has posted a larger loss (than last year) of £5.0 million (USD $6.8 million), eating up more than all of the new capital which the company's new ownership group put into the company during the year. (More on that below). Revenues at…
Read moreAlgoTrader Inc today announced that Cryptonomics Capital Ltd., a crypto-valley based AI crypto quant fund and blockchain boutique, has selected AlgoTrader, a single end-to-end solution for the design of its automated trading strategy, testing and deployment for all its quant modeling requirements. Quantitative modeling and automated trading have become increasingly more important in the cryptocurrency…
Read moreLeapRate Exclusive... LeapRate has learned via regulatory filings that FCA regulated MT4 broker ActivTrades has continued its impressive growth with the company reporting healthy financial metrics for 2017. ActivTrades, which is controlled by Swiss entrepreneur Alex Pusco who still serves as the company’s CEO, saw Revenues grow by 16% in 2017 to £40.4 million (USD $55 million), up…
Read moreUK 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 XFR Financial. XFR Financial is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
Read moreThe Basel Committee on Banking Supervision (BCBS) and the International Organization of Securities Commissions (IOSCO) have today issued the Criteria for identifying simple, transparent and comparable short-term securitisations (the shortterm STC criteria). The short-term STC criteria aim to assist the financial industry in its development of simple, transparent and comparable short-term securitisations. The criteria maintain…
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LeapRate Exclusive... One of the best known (and regarded) names in the Retail FX world has resurfaced, this time in the cryptocurrency trading world. Daniel Skowronski (pictured above), who was CEO of the recently acquired Oanda UK business as well as previously CEO of Alpari UK, has announced the launch of his new company, DX.Exchange…
Read moreBNP Paribas Asset Management (BNPP AM) announced that its wholly foreign-owned enterprise (WFOE), BNP Paribas Overseas Investment Fund Management (Shanghai) Co. Limited, has been granted a Qualified Domestic Limited Partner (QDLP) qualification. The Shanghai-based QDLP programme allows global asset managers to raise funds from domestic investors in China to buy overseas traditional and alternative assets…
Read morePayments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has issued a brief trading update for the first quarter of 2018, indicating that the company generated record revenues and transaction processing volumes in Q1, driven by new customer wins in the second half of 2017. SafeCharge didn't give any number specifics to those records, but in…
Read moreUK 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 SolidCFD. SolidCFD is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which require authorisation:…
Read moreDerivatives marketplace CME Group Inc (NASDAQ:CME) and cryptocurrency trading platform Crypto Facilities Ltd announced that they have launched the CME CF Ether-Dollar Reference Rate (Ether Reference Rate), which will provide a daily benchmark price in U.S. dollars at 4 pm London time, and CME CF Ether-Dollar Real Time Index (Ether Real Time Index), which will allow…
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