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…
Read moreWarren 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…
Read moreDerivatives 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…
Read moreBitfinex, 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…
Read moreFile this one under the title of Unintended Consequences. After gaining popularity among many Bitcoin and crypto token traders in recent months, P2P trading platform CoinTouch has announced on its website at cointouch.com that it is shutting down due to uncertainty which the new General Data Protection Regulation (GDPR) presents to website operators. Chris Beach, who…
Read moreThe following article was written by Gavin Loduwick, CEO and Richard Goers, CIO and CTO of next generation platform provider Managed Leverage. This article asks the question: what the active retail trader in derivatives actually needs in intelligence and risk management tools in order to achieve their trading objectives… as opposed to what is actually…
Read moreWhat a momentous week it was in Forex Industry News, with all the key stories appearing first or only on LeapRate! How big was Plus500's absolutely monstrous Q1? Who bought Oanda, one of the oldest online Retail FX brokers? How did the latest results looks like from ADS Securities and Capital Index? Which major FX…
Read moreLiVE – the first Thailand crowdfunding platform for startups and SMEs developed by The Stock Exchange of Thailand (SET) with support from the public and private sectors – has officially launched with eight targeted businesses from various sectors such as mobile application, consumer products and medical equipment, to join while prompting over 50 companies to…
Read moreInformation giant Thomson Reuters (NYSE:TRI) announced that it has expanded its North American wealth management brokerage processing platform, BETA, to include automated international post-trade processing for multi-market and multi-currency securities, representing a significant advancement in a continuous effort to better serve both retail and institutional clients. Powered by NRI’s I-STAR/GX platform, Thomson Reuters North American…
Read moreSolactive has just announced the release of the Solactive Australia 200 Index, a new benchmark tracking the performance of the 200 largest companies by market capitalization listed on the Australian Securities Exchange. With this new launch, Solactive expands its range of competitively-priced benchmarks and offers for the first time a broad-market index providing targeted exposure…
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