verifymytrade autochartist
February 20, 2018 BY LeapRate Staff

Autochartist acquires Retail FX trade execution verification tool VerifyMyTrade

Retail FX trading tools provider Autochartist has announced an expansion of its services, by way of acquiring a controlling stake in VerifyMyTrade - a company specializing in measuring the quality of execution in the retail forex market. The VerifyMyTrade Trust Builder enables traders to verify, via an industry acknowledged impartial service provider, whether the price…

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February 20, 2018 BY Mariela Naydenova

Bitcoin is rising again - but why?

Bitcoin saw really bad days at the start of the year. However, with February coming to an end, the "people's currency" is rising again to the top. It is now trading at $11,200, and while it's far away from its all-time high of $20,000 in December, 2017, the cryptocurrency is gaining momentum. According to CoinMarketCap,…

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bitcoin tax
February 19, 2018 BY LeapRate Staff

Israel to tax Bitcoin as an Asset, not a Currency

The Israel Tax Authority, Israel's version of the IRS, has issued a circular detailing its position on Bitcoin and other virtual currencies. Effectively, the Tax Authority divided its opinion into two parts, with varying treatment to those who buy Bitcoin or other virtual currencies as an investment, versus those who trade actively or offer brokerage services…

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cssf warning
February 19, 2018 BY Valentina Kirilova

Luxembourg regulator CSSF warns against United Capital Group

The Commission de Surveillance du Secteur Financier (CSSF) has just issued a warning of the activities of an entity named United Capital Group which claims, on the website www.ucgtrust.com. The company claims that its address is 7 rue Robert Stumper, 1882 Luxembourg and that it is authorised and supervised by the Commission de Surveillance du…

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February 19, 2018 BY Valentina Kirilova

FCA and CFTC to collaborate on FinTech innovation

The Financial Conduct Authority (FCA) and the US Commodity Futures Trading Commission (CFTC) announced that they have today signed an arrangement that commits the regulators to collaborating and supporting innovative firms through each other’s financial technology (FinTech) initiatives – LabCFTC and FCA Innovate. Andrew Bailey, Chief Executive of the FCA, commented: International borders shouldn’t act as…

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Richard Bayliss Playtech
February 19, 2018 BY LeapRate Staff

Playtech hires UK Gambling Commission exec Richard Bayliss to senior Compliance role

Online gaming and financial trading systems provider Playtech PLC (LON:PTEC) has announced the appointment of Richard Bayliss, former Senior Online Manager at the UK Gambling Commission, to its Compliance team as Regulatory Compliance Manager. Richard Bayliss had spent the past 11 years at the UKGC, in a variety of compliance and regulatory roles. In his new role…

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SGX announces trading volumes
February 19, 2018 BY Valentina Kirilova

SGX releases update on India equity derivatives

SGX announced today that it will list successor products to its SGX Nifty family of products before August 2018. This will provide market participants with the same ability to invest and maintain their risk exposure to the Indian capital markets. Market participants will be able to transition seamlessly to these products before the expiry of…

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February 19, 2018 BY Valentina Kirilova

CurveGlobal to launch a three-month SONIA futures contract

CurveGlobal, the interest rate derivatives platform, announced today its intention to launch a three-month SONIA futures contract, which will be admitted to trading on London Stock Exchange Derivatives Market (LSEDM). The innovative CurveGlobal® Three Month SONIA® Future will address client demand for liquidity in the Bank of England’s reformed benchmark rate, which is set to…

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