Western Union to experiment with Ripple for capital optimization options LeapRate

February 16, 2018 BY Mariela Naydenova

Western Union to experiment with Ripple for capital optimization options

Western Union has recently came with a statement that the financial institution is seriously thinking about implementing Ripple within its systems. The experiment will start for basic money transactions and eventually evolve to capital optimization help. According to press, Ripple is becoming the front runner of most used digital currencies in the banking sector, which…

February 15, 2018 BY Valentina Kirilova

FCA warns against XMarkets.com

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

February 15, 2018 BY Valentina Kirilova

Instone Real Estate Group N.V. listed on Frankfurt Stock Exchange today

Residential property developer lists in Prime Standard / Initial price €21,50 After completing a private placement of seven million new shares, Instone Real Estate Group B.V. (ISIN: NL0012757355) was listed in the Prime Standard of the Frankfurt Stock Exchange today. The Essen-based company's shares opened trading at €21,50, following an issue price of €21.50. The…

February 15, 2018 BY Valentina Kirilova

Paymium launches European cryptocurrency trading platform Blockchain.io

Bitcoin marketplaces pioneer Paymium announced that it has launched Blockchain.io, the new European cryptocurrency trading platform. Created in 2011, Paymium is also the first "exchange" which is compliant with the requirements of the European regulations on payment service providers. By creating Blockchain.io, Paymium wants to offer new investors a bridge between the different blockchains where…

February 15, 2018 BY LeapRate Staff

FX broker KVB Kunlun raises HK$200 million from Ping An and BC Global

Further to our exclusive report from late January that Hong Kong based Retail FX broker KVB Kunlun Financial Group Ltd (HKG:6877) was about to announce a major fundraising, the company has made regulatory filings with the HKEX indicating that on February 12 (i.e., this past Monday) it closed on a HK$200 million (USD $26 million) investment, led by…

White River Bancshares Company begins trading on OTCQX

February 15, 2018 BY Valentina Kirilova

OTC Markets Group welcomes Sunniva Inc. to OTCQX

OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Sunniva Inc., a vertically integrated medical cannabis company, has qualified to trade on the OTCQX® Best Market. Sunniva upgraded to OTCQX from the Pink® market. Sunniva begins trading today on OTCQX under the symbol "SNNVF." U.S. investors…

February 15, 2018 BY LeapRate Staff

ADS Securities adds Autochartist market scanning tools and alerts service

Abu Dhabi based international financial services firm ADS Securities has announced that it has introduced the Autochartist service to its account holders. All ADS Securities traders can now experience an enhanced trading process using Autochartist to automatically identify and notify them of potential trade opportunities. The service includes Autochartist’s new Risk Calculator which provides risk management…

February 15, 2018 BY Valentina Kirilova

RoboForex ups MT5 trading platform leverage to 1000x

RoboForex, the Belize-based unit of the Retail FX brokerage group, has announced new trading conditions that are now available in MetaTrader 5 platform. Starting today, traders have an opportunity to benefit from the increased leverage values in MT5 web terminal. New conditions are also applied to classic bonuses. Newly-introduced leverage values are now available to…

February 15, 2018 BY Valentina Kirilova

ANZ finalises sale of six Asian retail and wealth businesses

ANZ Bank New Zealand today advised it has finalised the sale of its previously announced six retail and wealth businesses in Asia, allowing it to further focus on institutional and large corporate customers moving goods and capital across the region. Originally announced in October 2016, ANZ has now successfully transferred its retail and wealth businesses…

February 15, 2018 BY Valentina Kirilova

Securities Commission Malaysia and Bursa Malaysia to implement new measures to boost market vibrancy

The Securities Commission Malaysia (SC) and Bursa Malaysia Berhad (the Exchange) announced today that they have outlined the operational details of various new measures to further enhance the vibrancy and liquidity of the equity market. These measures were announced on 6 February 2018 by Prime Minister Yang Amat Berhormat Dato’ Sri Mohd Najib bin Tun…