ESMA - Did they go too far?
February 14, 2018 BY LeapRate Staff

IOSCO wants all securities regulators to enforce CFD leverage limitations, negative balance protection

The International Organization of Securities Commissions (IOSCO) has published a Report on Retail OTC Leveraged Products, providing its own guidance to the world's financial and securities regulators on the future of leveraged trading. IOSCO members include virtually all of the key major (and minor) global regulators including the FCA in the UK, the SEC in the…

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February 13, 2018 BY Mariela Naydenova

Litecoin is falling after its first hard fork was announced

The first hard fork for Litecoin is already a fact and it’s called Litecoin Cash. It was announced today, early in the morning, and since then, Litecoin is sliding down in value. The digital currency is currently down with 2.5% after the announcement went public. According to the Litecoin Cash Foundation, each user who holds…

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SquaredFinancial launches selected cryptocurrencies offer
February 13, 2018 BY Mariela Naydenova

Thailand to regulate all digital currencies

Thailand has now joined the long list of countries that went against Bitcoin and digital currencies as a whole. According to press, Thailand’s central bank said on Monday, February 12th that it had asked financial institutions not to get involved in cryptocurrency transactions for fear of possible problems from the unregulated trading. What that means…

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Digital Asset Custody Company announces secure custody solution for Monero
February 13, 2018 BY Mariela Naydenova

Millions of Android phones "cryptojacked" to mine Monero

As the world has gone mad on cryptocurrencies and mining them, the latest casualty became millions of Android users, whose phones were hijacked and redirected to a website that mines Monero. The cybersecurity company, Malwarebytes,  discovered that the so-called 'drive-by cryptomining' malware had managed to infect Android phones and redirect them to a website running…

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ASIC office
February 13, 2018 BY Valentina Kirilova

New professional standards for financial advisers now available on ASIC website

The Australian Securities and Investments Commission (ASIC) announced that it has created a new section on its website to help financial advisers navigate the incoming professional standards requirements. The new requirements are aimed at lifting the education, training and ethical standards in the financial advice sector. ASIC’s website now provides an overview of the new…

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Nasdaq Copenhagen Improves Small Cap Market Access For Non-Nordic Trading Members
February 13, 2018 BY Valentina Kirilova

Nasdaq launches Nasdaq Nordic Fund Market in Finland and Norway

Today Nasdaq (Nasdaq:NDAQ) Broker Services announced the launch of Nasdaq Nordic Fund Market in Finland and Norway. The market service, available in Sweden since 2010, aims to increase the efficiency for fund distributors and fund companies by enabling electronic straight through processing of orders and settlement. We have seen an increasing demand in Finland and…

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February 13, 2018 BY Valentina Kirilova

Paysafe to offer cross border settlement via Saxo Payments Banking Circle

Payment systems provider Paysafe Group Limited just announced that it has joined Saxo Payments Banking Circle for fast, cost-effective local and cross border settlement. Through membership of Banking Circle, Paysafe has the added ability to offer its clients settlement accounts from Saxo Payments for their card scheme flow. Paysafe provides end-to-end payment solutions for both…

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INTL FCStone opens its know-risk platform to broader market
February 13, 2018 BY Valentina Kirilova

INTL FCStone partners with Allfunds Bank, enhances offshore mutual fund offering

INTL FCStone Inc. (NASDAQ: INTL) today announced that its wholly owned subsidiary, INTL FCStone Financial Inc. ("the Company"), has entered into an agreement with offshore mutual fund distribution platform Allfunds Bank. The relationship further enhances the offerings of the Company's Correspondent Clearing Division, which is now the only U.S.-based clearing firm with access to the…

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Thomson Reuters (NYSE:TRI)
February 13, 2018 BY Valentina Kirilova

Thomson Reuters FX trading volumes hit record levels following MTF launch

Information giant Thomson Reuters (NYSE:TRI) just announced that it has hit a new record in FX trading volumes in January following the successful onboarding of its buy-side clients and liquidity providers onto its enhanced Multilateral Trading Facility (MTF), post-MiFID II implementation. Average daily volumes (ADV) across Thomson Reuters FX platforms totaled $432.1 billion in January 2018,…

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