EEX cooperates with Saxo Bank and PZEM Energy to expand access to German Power Futures LeapRate

February 07, 2018 BY Valentina Kirilova

EEX cooperates with Saxo Bank and PZEM Energy to expand access to German Power Futures

Saxo Bank will offer Contracts for Difference (CFDs) on EEX German Power Futures as of 1st March 2018 The European Energy Exchange (EEX), Saxo Bank and PZEM Energy have today announced a partnership to offer German Power CFDs (Contracts for Differences) on Saxo’s fully integrated trading and risk management platform, SaxoTraderGO. Saxo’s new German Power…

February 07, 2018 BY Valentina Kirilova

Digital Currency Exchange Independent Reserve adds two new executives

Independent Reserve, the Australian Digital Currency exchange, has announced that has added two executives to its senior management team as the company turns its attention to its growing stable of institutional and SMSF clients. Roman Stefanidi joined Independent Reserve as Chief Technology Officer in August, and Lasanka Perera as Head of Strategy in October. CEO…

February 07, 2018 BY LeapRate Staff

Exclusive: Tamas Szabo joins as director at Pepperstone UK

LeapRate Exclusive... LeapRate has learned via regulatory filings that Tamas Szabo (pictured above) has stepped onto the board of Pepperstone Limited, the FCA regulated subsidiary of leading Australia based Retail FX broker Pepperstone, as Pepperstone begins to expand its operations in the UK and Europe. As was exclusively reported by LeapRate, last October Pepperstone hired…

February 07, 2018 BY LeapRate Staff

Plus500 upgrades South Africa FSB license, sets new subsidiary Plus500SA Pty Ltd

CFD broker Plus500 Ltd (LON:PLUS) has announced that the Financial Services Board (FSB) of South Africa has granted Plus500 a licence to operate as an Authorised Financial Service Provider in South Africa through a newly created subsidiary Plus500SA Pty Ltd. This follows our report last year February that the FSB had granted Plus500AU Pty Ltd., the…

February 07, 2018 BY Valentina Kirilova

Euronext releases January volumes, FX trading at $20.8 billion ADV

Euronext, the pan-European exchange in the Eurozone, just announced trading volumes for January 2018. Cash trading In January 2018, the average daily transaction value on the Euronext cash order book stood at €7,773 million, up +20.4% compared to January 2017 and stable from the previous month. The average daily transaction value on ETFs order book…

February 07, 2018 BY LeapRate Staff

Deutsche Bank FX trader Andrew Donaldson charged with 85 offenses in Sydney court

Australia financial regulator ASIC has announced that former Deutsche Bank AG (FRA:DBK) FX options and futures trader, Andrew Donaldson, of Bronte NSW, has been charged with 85 offences under s184(2) of the Corporations Act 2001 in respect of using his position as an employee dishonestly with the intention of directly or indirectly gaining an advantage…

February 07, 2018 BY LeapRate Staff

FXCM has best month in a year, January 2018 FX volumes at $250 billion

Continuing the spate of strong volume results shown by leading retail and institutional FX trading venues and brokers to start off the year, FXCM Group has reported its best client trading metrics since last January, with FX trading volumes coming in at $250 billion. FXCM's best month of 2017 was also January, at $253 billion,…

February 06, 2018 BY Mariela Naydenova

The story of 30 days and $550 billion loss

From 7th of January to 6th of February, over $550 billion have been lost in value, as major altcoins and Bitcoin took huge hits to their prices and ultimately, to their market capitalizations. On January 7th, the total market cap of the cryptocurrency market was around $836 billion, close to the market cap of Apple.…

February 06, 2018 BY Mariela Naydenova

Singapore - one of the few left "crypto heavens"

While India and China, together with a few large US banks are going with full forces against Bitcoin and cryptocurrencies, Singapore is going “pro” at the same time. Cointelegraph reported that Singapore’s deputy prime minister, Tharman Shanmugaratnam, said that the country will not be banning cryptos in the new future. None such plans are foreseen…

February 06, 2018 BY Valentina Kirilova

FCA warns against GoldTech Media Services OU trading as S2Trade

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 GoldTech Media Services OU trading as S2Trade. GoldTech Media Services is not authorised by the FCA but has been targeting people in the UK and is…