Hong Kong Exchanges and Clearing Limited (HKEX) announced that it plans to introduce MSCI All Country (AC) Asia ex Japan Net Total Return Index (MSCI AxJ) Futures, the first regional stock index futures contract for HKEX, on Monday, 11 June 2018, pending regulatory approval. HKEX’s MSCI AxJ Futures will be first futures contract traded on…
Read moreThe Dutch State Treasury Agency announced that it has decided to enable central clearing of euro denominated interest rate swaps via Eurex Clearing in Frankfurt for the State of the Netherlands. As Debt Management Office, the Dutch State Treasury Agency is exempt from the obligation to clear swaps through a Central Counterparty (CCP). However, the…
Read moreInstitutional FX exchange and liquidity provider LMAX Exchange has announced its results for 2017, indicating continued and healthy top and bottom line growth for the company. Although it was not formally announced by the company, we understand that the company's top line Revenues grew by just over 10% in 2017, coming in at £30.5 million (USD…
Read moreDecentralised streaming platform for gamers and eSports fans, Play2Live, has today announced its plans to develop its own blockchain infrastructure, Level Up Chain. Level Up Chain is the next step in the company creating an end-to-end solution for streamers, gamers and eSports fans. Launching the Level Up Chain Testnet in July 2018, one of the…
Read moreCanadian securities regulator the British Columbia Securities Commission (BCSC) just announced that it has become aware of a suspicious entity, Sterling and Ross Advisory S.A. (Sterling and Ross), which purports to have an office in the Cayman Islands. Sterling and Ross claims to specialize in forex and commodity trading solutions for retail investors around the…
Read moreSTOXX Ltd., the operator of Deutsche Börse Group’s index business and a global provider of innovative and tradable index concepts, announced that it has licensed the EURO iSTOXX 50 ESG Focus Index and the EURO iSTOXX 50 ESG Focus GR Decrement 5% Index to the British bank Barclays as underlyings for the issuance of structured…
Read moreOne of the recurring themes we cover at LeapRate is that of risk management for Forex brokers. It is clear to us that some brokers do it well and some, let's say, not so well. Why does risk management remain such a ‘pain point’ for so many brokers? We're pleased to present our conversation on…
Read moreThe UK Financial Conduct Authority (FCA) has put out details of the cloned firm Jabac Finances Limited. 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 moreCopenhagen based Forex and multi asset broker Saxo Bank today announced the appointment of Steve Weller as CEO of the MENA Region. Steve Weller will be based in Saxo Bank’s Dubai office and report directly to Damian Bunce, CCO of Saxo Bank. In his new role, Weller will assume the overall responsibility to grow and…
Read moreRetail Forex broker Alpari just announced that Vladimir Verbitskiy has been named to the post of Chief Executive Officer at the international financial Alpari brand. Verbitskiy previously worked as a business advisor to the brand’s owner; Andrey Dashin, and held the position of an independent director in the company. In his new role, he will…
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