forex industry news update
February 25, 2018 BY LeapRate Staff

FX Industry Week Review: FXCM rebrands, Markets.com $7.6M crypto hit, Autochartist acquires, iForex fined, and lots more…

Which leading Retail FX brokers saw Revenues and Profits decline in the second half of 2017? What does FXCM's logo rebrand look like? Which Retail FX trading tool did Autochartist buy? Why was iForex fined €138,000 by CySEC? What made the infamous Swiss Franc spike of January 15, 2015 even worse? Which FX industry executive…

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warning
February 23, 2018 BY Valentina Kirilova

French AMF warns against Bil Patrimoine and investment services website bil-gestionpatrimoine.com

Following a number of reports from savers regarding the website www.bil-gestionpatrimoine.com and the entity Bil Patrimoine, the Autorité des marchés financiers (AMF) and the Autorité de contrôle prudentiel et de résolution (ACPR) have issued a public warning. Bil Patrimoine and the website www.bil-gestionpatrimoine.com are not authorized either by the AMF or by the ACPR to…

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FCA warning
February 23, 2018 BY Valentina Kirilova

FCA warns against Teramusu 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 Teramusu. Teramusu is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which require authorisation:…

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BIS announces key appointments in Singapore and Switzerland
February 23, 2018 BY Valentina Kirilova

Klarna Bank AB appoints Niklas Savander to Board of Directors

Klarna Bank AB has announce the appointment of Niklas Savander to the Board of Directors with effect from Thursday 22nd of February 2018. Niklas Savander will replace Niklas Adalberth. Sebastian Siemiatkowski, CEO and co-founder of Klarna: After 13 years and many, many professional and personal milestones together, I want to thank Niklas Adalberth for his…

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asic bans
February 23, 2018 BY Valentina Kirilova

ASIC bans financial adviser for 5 years

The Australian Securities and Investments Commission (ASIC) announced that it has banned Perth-based financial adviser Philip Leake from providing financial services for a period of five years. ASIC found that Mr Leake failed to act in his clients' best interests when providing advice on life insurance. ASIC's surveillance of Mr Leake found that he had…

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February 23, 2018 BY Valentina Kirilova

Blackwell Global UK incorporates Bitcoin into its range of funding methods

Multi-asset brokerage Blackwell Global today announced the inclusion of Bitcoin to their range of funding methods, offering greater transactional flexibility for clients, as the usage and acceptance of Bitcoin gains global recognition. Blackwell Global UK will be the first in the Blackwell Global group of companies to incorporate Bitcoin as a payment option, which includes…

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Hantec Markets spread betting
February 23, 2018 BY LeapRate Staff

Hantec Markets launches Spread Betting on MT4

FCA regulated Retail FX brokerage group Hantec Markets has expanded its product offering in the UK, with the company today announcing the addition of Spread Betting. Clients can now open a Spread Betting account which gives them access to bet on 50+ financial instruments covering currencies, bullion, commodities and indices. Hantec Markets will now be offering…

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February 23, 2018 BY Valentina Kirilova

HKEX proposes new listing regime for emerging and innovative companies

The Stock Exchange of Hong Kong Limited (the Exchange), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), has published a consultation paper seeking public feedback on the proposed new rules to expand Hong Kong’s listing regime to facilitate listings of companies from emerging and innovative sectors. The proposals in the consultation paper…

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