FINRA warns investors of ‘regulator’ imposter scams LeapRate

February 19, 2018 BY Valentina Kirilova

FINRA warns investors of 'regulator' imposter scams

The Financial Industry Regulatory Authority (FINRA) has issued an Investor Alert warning investors to beware of financial scams in which con artists are posing as regulators to make fraudulent investment pitches. Recently, financial fraudsters used FINRA’s name and logo in correspondence – including a fake signature from FINRA President and Chief Executive Officer Robert W.…

FCA publishes its Quarterly KPIs, no clear trends indicative of firm responses to Brexit

February 19, 2018 BY LeapRate Staff

Investors relieved at smooth roll out of MiFID II

The following article was written by Adinah Brown, content manager at Leverate. In 2004, the European Commission Financial Services Action Plan launched the Markets in Financial Instruments Directive, or MiFID, which subsequently morphed into MiFID II. This directive contained a total of 42 regulations that were intended to significantly change how the EU’s financial service markets…

Volante Technologies Inc. expands executives team

February 19, 2018 BY Valentina Kirilova

UAE's SCA launches program to access and classify financial services companies

The Securities and Commodities Authority (SCA) just announced that it has launched a program to assess and classify financial services companies and announced that registration is open for those interested to take part in the program. Registration applications will be accepted from mid-February to the first of March. H.E. Dr. Obaid Al Zaabi said: Launching…

February 19, 2018 BY Valentina Kirilova

PolySwarm reaches US$15 million token presale goal

PolySwarm announced that it has reached its $15 million USD goal. Contributors included cryptocurrency incubator Science Blockchain. The Nectar presale was met with overwhelming demand, PolySwarm’s public token sale will launch February 20, 2018. We’re pleased with the early support from investors to create the first marketplace where security experts compete to protect users,” said…

February 19, 2018 BY Valentina Kirilova

ASIC disqualifies director from managing companies for five years

ASIC announced that it has disqualified Mr Peter Kalos of Kurnell, NSW, from managing companies for the maximum period of five years as a result of his involvement in nine failed companies. ASIC found that Mr Kalos: improperly used his corporate position by causing assets to be transferred for little or no consideration to the…

February 19, 2018 BY Valentina Kirilova

Bulgarian FX broker DF Markets adds equity and ETF CFDs

FCA regulated Bulgaria based retail FX and CFDs broker DF Markets has announced that it has added several new shares and a financial ETF to its range of markets. Shares Broadridge Financial Solutions (BR): Headquartered in the US, Broadridge is a global company providing services in the fields of investor communication, clearing and tech solutions…

February 19, 2018 BY Valentina Kirilova

FCA warns against Carina Asset Management clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Carina Asset 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…

February 19, 2018 BY LeapRate Staff

Exclusive: Institutional FX platform FastMatch saw Revenue of just €1.57 million monthly post Euronext acquisition

LeapRate Exclusive... Following our earlier report on the 2017 results of exchange operator Euronext NV (EPA:ENX), digging into the results LeapRate has learned that the company's Forex ECN unit FastMatch - which Euronext bought in mid-2017 for $153 million - generated a total of €7.2 million of Revenue for the 4.6 months it was owned by…

February 19, 2018 BY Valentina Kirilova

Euronext announces 7% revenue increase in 2017 volumes report

Euronext, the pan-European exchange in the Eurozone with nearly 1,300 listed issuers, has just announced its results for the full year 2017. Strong operating performance for the full year 2017 Increase in revenue to €532.3 million (+7.2%): Despite low volatility, cash trading revenues at €190.3m up 5.3% , thanks to strong market share at 64.4%…

February 18, 2018 BY LeapRate Staff

UFX.com Weekly Trading Review: S&P500 back on top, Italy election polls

Your Weekly Trading Review by UFX.com – Sunday, February 11th, 2018 Here are some of this past week’s leading economic news and events that affected the financial markets: The S&P 500 Is Back on Top The S&P 500 ended the week with a 4.3 percent growth, posting its best weekly performance in five years. Last week’s positive…