LeapRate Exclusive... LeapRate has learned that longtime Retail FX executive Joe Rundle has left his position as Director of Trading and Partnerships at ThinkMarkets, and joined Markets.com as its new CEO. Markets.com is the Retail FX brand name of CySEC licensed Safecap Investments Ltd., owned ultimately by Playtech PLC (LON:PTEC). Joe Rundle has been in the…
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Facebook recently got under fire for security issues. The social media giant was accused that leakage of information of users is misused by companies and especially by data analytics companies. The most recent example comes from Cambridge Analytica, a data analytics company that gained access to personal data of almost 50 million users. There were…
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The Australian Securities and Investments Commission (ASIC) has informed the public that the Federal Court has imposed civil penalties of $70,000 each on the directors of Storm Financial, Emmanuel and Julie Cassimatis, who were previously found by the Court to have breached their duties as directors. They were also disqualified from managing corporations for 7…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Riel Investment. 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 to…
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CySEC licensed Retail FX broker RoboMarkets, which recently rebranded from RoboForex, has announced that it has opened a Representative Office in Prague as another step of the company’s expansion in the Czech Republic and Slovakia. The company has already started 24/7 support for the clients from the Czech Republic and Slovakia in their native language.…
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ICAP, part of TP ICAP group, has announced the re-establishment of its oil business. The firm has appointed Joe Hutchinson to lead ICAP’s new Oil business. The team plans to offer a full suite of Oil products globally. Joe Hutchinson returns to ICAP where he was co-head of Oil between 2000 and 2013. Joe brings…
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CySEC, Belize and South Africa licensed Retail FX broker Forextime, which also goes by the shortened moniker FXTM, has announced that it is going to be a part of the upcoming National Cyprus Final for F1™ in Schools on 24 March. During the race, FXTM will be Platinum Sponsors of ‘Team XLR8’ from The Heritage…
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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 Oakwood Advisory. Oakwood Advisory is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
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The Eastern Magistrates’ Court today convicted Mr Chan Chi Kit of unlicensed dealing in securities in a prosecution brought by the Hong Kong Securities and Futures Commission (SFC), the regulator announced earlier today. Chan pleaded guilty and was fined $8,000 and ordered to pay the SFC’s investigation costs. The Court heard that Chan carried on…
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Darwinex, the UK Financial Conduct Authority (FCA) regulated FX asset manager and brokerage, announced that it has launched MetaQuotes' multi-asset platform MetaTrader 5. The company offers clients DMA execution at competitive rates, combined with access to more than $50 million in 3rd party capital managed by Darwinex. It is most famous for creating a transparent social…
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