May 08, 2018 BY LeapRate Staff

Exclusive: ITI Capital (formerly FXCM Securities) hires ex Citi and Merrill exec Richard McCall as COO

LeapRate Exclusive... LeapRate has learned that FCA regulated broker ITI Capital Limited has made another addition to its senior management team, hiring Richard McCall as the company's new COO. Richard McCall was with proprietary trading firm Sun Trading International for the past four years, as its COO. Prior he was COO - EMEA Equity Derivatives in…

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May 08, 2018 BY Valentina Kirilova

FCA warns against Quality Lending Service

UK 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 Quality Lending Service. Quality Lending Service is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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May 08, 2018 BY Valentina Kirilova

Moscow Exchange's FX Market turnover up 6% in April

Total trading volume across Moscow Exchange (MOEX)’s markets rose by 9.1% in April 2018 to RUB 77.4 trln, the exchange has announced. All main markets showed turnover growth: the Equity Market by 83.5%, the Bond Market by 33.2%, the Derivatives Market by 24.7%, the Money Market by 7.6% and the FX Market by 6.3%. The…

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May 08, 2018 BY Valentina Kirilova

Asset tokenization firm Brickblock raises €5 million from Finch Capital

Brickblock raises €5 million Series A with ambition to be the market-leading tokenized real estate investment platform. Finch Capital, a financial technology venture capital firm, announced that it will provide funding for the further development of the decentralized platform and the ambitious growth plans of the company Brickblock is a fintech company providing a decentralized…

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May 08, 2018 BY Valentina Kirilova

ASIC to disqualify NSW financial adviser

ASIC announced that it has commenced proceedings in the Federal Court of Australia against New South Wales financial adviser Graeme Walter Miller and three related companies: CFS Private Wealth Pty Ltd, an Australian financial services licensee (CFS Private Wealth); Combined Financial Solutions Pty Ltd; and BDM Asia Pacific Pty Ltd (formerly known as CFS Corporation…

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May 08, 2018 BY Mariela Naydenova

The mighty trio and the Greater Fool Theory

Warren Buffet, Charlie Munger and Bill Gates all have one thing in common - except for being three of the wealthiest people alive, they all three proclaim that Bitcoin and other cryptocurrencies are "rat poison". During the Berkshire Hathaway annual shareholders' meeting, the founder of Microsoft Corporation, Bill Gates expressed his clearly negative comments on…

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May 07, 2018 BY LeapRate Staff

'Geopolitical uncertainty' sends CME oil futures to record open interest

Derivatives marketplace operator CME Group Inc (NASDAQ:CME) has announced that WTI Light Sweet Crude Oil futures open interest reached a record 2,695,178 contracts on Friday, May 4, surpassing the previous record of 2,691,028 contracts set on November 10, 2017. Peter Keavey, CME Group Global Head of Energy said: Market participants are using WTI futures and…

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May 07, 2018 BY LeapRate Staff

Bitfinex nabs former Bank of Montreal executive Peter Warrack as Chief Compliance Officer

Bitfinex, one of the world’s leading digital asset trading platforms, has announced that Peter Warrack, former Director of AML (Fintech Advisory) and Compliance Officer at the Bank of Montreal, has joined the exchange as Chief Compliance Officer (CCO). “We are exceptionally excited to have Peter join Bitfinex. His knowledge and experience, combined with our shared…

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