SFC to disqualify former senior executives of Far East Holdings International Limited LeapRate

April 11, 2018 BY Valentina Kirilova

SFC to disqualify former senior executives of Far East Holdings International Limited

The Hong Kong Securities and Futures Commission (SFC) has announced that it has commenced legal proceedings in the Court of First Instance to seek disqualification orders against Mr Duncan Chiu, former managing director and chief executive officer of Far East Holdings International Limited (Far East). Disqualification orders are also being sought by the SFC in…

April 11, 2018 BY Valentina Kirilova

FCA warns against Noble Capital House firm

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 Noble Capital House. Noble Capital House is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

April 11, 2018 BY Valentina Kirilova

Moscow Exchange signs MoU with Hanoi Stock Exchange

Moscow Exchange (MOEX) has announced that it has signed a Memorandum of Understanding (MoU) with Hanoi Stock Exchange (HNX). The agreement aims to strengthen cooperation between the exchanges and expand their partnership in multiple areas. The signing ceremony with Alexander Afanasiev, CEO of Moscow Exchange, and Nguyen Thi Hoang Lan, Vice Chairperson and Acting CEO…

April 11, 2018 BY Valentina Kirilova

AxiTrader gets DFSA license, opens Dubai DIFC office

Australia based Retail FX broker AxiTrader has announced the official opening of its new office in Dubai. Combined with a DFSA (Dubai Financial Services Authority) license and fully staffed by a dedicated local team, the company is well positioned to continue its recent growth in the Middle East region. The launch of this latest operation,…

April 10, 2018 BY Valentina Kirilova

FCA warns against Jupiter Fund Management clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Jupiter Fund Management. 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…

April 10, 2018 BY Valentina Kirilova

Plexal to create London’s Cyber Innovation Centre at Olympic Park

Plexal has announced that it has been appointed by the UK Government to deliver a major cyber security innovation centre on the site of London’s Olympic Park. Opening in Spring 2018, the £13.5m innovation centre will be led by Plexal, hosted in Plexal City at Here East (a 1.2million sq ft digital and creative hub),…

April 10, 2018 BY LeapRate Staff

IS Prime's Will Robbins on FX liquidity, China's Forex crackdown, ESMA's leverage cap and more

LeapRate Exclusive Interview... One of the more interesting companies to step up lately in the FX liquidity and Prime Broker services business is IS Prime. From acquiring the assets of risk management services provider ThinkLiquidity to tripling its Revenues to more than $21 million last year to adding people (especially in the Far East), IS…

April 10, 2018 BY Valentina Kirilova

FCA warns against International Securities Limited t/a Brokers Station firm

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 International Securities Limited t/a Brokers Station. International Securities Limited t/a Brokers Station is not authorised by the FCA but has been targeting people in the UK…

April 10, 2018 BY Valentina Kirilova

Quantitative Brokers hires Bloomberg Tradebook exec Deepak Begari as CTO

Quantitative Brokers (QB), an independent provider of advanced algorithms and data-driven analytics to clients in the Futures and US Cash Treasury markets, has announced that Deepak Begari has joined as Chief Technology Officer and as a member of QB’s Executive Committee. With more than 11 years of experience in electronic trading and a primary focus…

April 10, 2018 BY Valentina Kirilova

OSC establishes first permanent mediation program by a Canadian securities regulator

The Ontario Securities Commission (OSC) has announced that its Mediation Program, which began as a pilot in 2015, will continue on a permanent basis. It is the first and only program of its type offered by a securities regulator in Canada. The Mediation Program provides respondents who are represented by counsel and enforcement staff involved…