Hong Kong regulators to enhance the OTC derivatives regulatory regime LeapRate

March 27, 2018 BY Valentina Kirilova

Hong Kong regulators to enhance the OTC derivatives regulatory regime

The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) have issued a joint consultation on further enhancements to the over-the-counter (OTC) derivatives regulatory regime in Hong Kong, including a proposal to mandate the use of the Legal Entity Identifier (LEI) for the reporting obligation. To align with global standards, all entities…

March 27, 2018 BY Valentina Kirilova

CMC Markets to distribute multi-asset liquidity via oneZero hub

FCA regulated online CFD brokerage house CMC Markets Institutional (LON:CMCX) has today announced a partnership with oneZero Financial Systems. The collaboration enables CMC Markets to disseminate its high-quality, multi-asset liquidity feed to a wider range of accredited counterparties, using a seamless automated solution for market connectivity and price distribution. More than 150 banks, brokerages and…

March 27, 2018 BY Valentina Kirilova

Shield FC launches new version of eComms data management platform

Shield Financial Compliance (Shield FC), a specialist RegTech provider, has today unveiled its next generation data management platform for capturing, archiving, analysing and investigating electronic communication (eComms) to meet the growing record-keeping, data governance and best execution requirements of financial firms. MiFID II, GDPR, MAR, Dodd Frank and FINRA require financial institutions to capture, protect…

March 27, 2018 BY Valentina Kirilova

IG Group 'disappointed' by ESMA's leverage restrictions, expects lower FY2019 earnings

UK online trading leader IG Group Holdings plc (LON:IGG) has just noted that the European Securities and Markets Authority (ESMA) and the Financial Conduct Authority (FCA) have issued statements announcing measures on their work in relation to the provision of contracts for difference (CFDs) and binary options to retail clients. IG informed that it is…

Euronext terminates Deutsche Borse services to Irish Stock Exchange, now Euronext Dublin

March 27, 2018 BY Valentina Kirilova

Stockholm County Council to list on Irish Stock Exchange Bond Markets

Stockholms läns landsting (Stockholm County Council) has announced that it has listed a SEK 1bn green bond from its €4bn EMTN Programme on the Main Securities Market (MSM) of the Irish Stock Exchange (ISE). The green bond has a maturity date of November 2023 and an interest rate of 1% per annum. Stockholms läns landsting…

March 27, 2018 BY Valentina Kirilova

smartTrade Technologies promotes Annalisa Sarasini to Chief Business Development Officer

smartTrade Technologies, a multi-asset electronic trading pioneer, has announced the promotion of Annalisa Sarasini from Global Head of Sales to Chief Business Development Officer. Sarasini joined the company in July 2012 and has since been driving smartTrade’s sales growth worldwide while building a Global Sales team with a geographical presence in all main financial hubs.…

March 27, 2018 BY Valentina Kirilova

FlexTrade integrates Kensho pre-trade analytics into its FlexTRADER EMS platform

Multi-asset execution and order management systems company FlexTrade has announced the integration of Kensho Technologies pre-trade analytics solution into the FlexTRADER EMS, which provides a detailed, real-time event feed to assist a trader’s decision-making process when executing a trade. This integration with Kensho brings a unique level of ‘market context’ to the FlexTRADER blotter,” said…

INTL FCStone’s Carsten Hils discusses the impact the current crisis has on FX markets

March 27, 2018 BY Valentina Kirilova

BTL to launch chain joining blockchain platform Interbit

BTL Group Ltd. (TSX Venture: BTL) has announced that Interbit, its proprietary next-generation blockchain platform, will be available on April 23, 2018 for testing and feedback. Interbit is a token free blockchain platform and its release will further highlight the distinction between blockchain technology and the cyptocurrency markets. Furthermore Interbit's unique chain joining technology is…

Euronext buys Irish Stock Exchange (ISE)

March 27, 2018 BY Valentina Kirilova

Euronext completes acquisition of the Irish Stock Exchange plc

Financial markets operator Euronext NV (EPA:ENX) has just announced the completion of the acquisition of 100% of the shares and voting rights of the Irish Stock Exchange plc (ISE), for €137 million, after receiving regulatory approvals. The deal comes after Euronext expanded into FX earlier this year with its acquisition of institutional Forex ECN FastMatch for $153 million.…

March 27, 2018 BY LeapRate Staff

ESMA confirms 30x max CFD leverage and Binary Options ban

More than a month and a half after the close of its public consultation period - and despite receiving a tremendous amount of pushback from both online brokers and traders from across the continent - pan-European financial regulator ESMA today released its final proposals to govern leveraged trading, which remain unchanged from its original proposals.…