SafeCharge COO Yuval Ziv nets $440,000 profit from exercise of options LeapRate

February 02, 2018 BY LeapRate Staff

SafeCharge COO Yuval Ziv nets $440,000 profit from exercise of options

Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has made regulatory filings indicating that longtime employee and current COO Yuval Ziv exercised options over 300,000 ordinary shares in the company. These options were granted under the company's 2011 Global Share Option Plan. Of the 300,000 options exercised, 60,000 were at a price of 121.0 pence per share…

February 02, 2018 BY Valentina Kirilova

FCA warns against Bankway HMO Property Bond clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Bankway HMO Property Bond / Bankway Properties. 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…

February 02, 2018 BY Valentina Kirilova

ASIC removes license conditions imposed on OpenMarkets Australia Limited

ASIC and OpenMarkets Australia Limited (OpenMarkets) have agreed to the removal of additional license conditions imposed on OpenMarkets on 10 July 2017, the Regulator announced earlier today. The removal of the additional license conditions follows the completion of an independent expert's review of the effectiveness of OpenMarkets' implementation of recommendations arising from an earlier review…

February 02, 2018 BY LeapRate Staff

Exclusive: Blueberry Markets hires AxiTrader and Royal Financial FX sales exec Ben Clay

LeapRate Exclusive... LeapRate has learned that Australian Retail FX broker Blueberry Markets has added to its business development team, recruiting Ben Clay, a senior executive from Royal Financial Trading’s Australian operation. He had also spent seven years as a senior sales trader at AxiTrader. Ben Clay joins Dean Hyde and Tim Mansell as the latest high…

February 01, 2018 BY LeapRate Staff

LMAX Exchange buys out Paddy Power Betfair stake for £21.9M with Silicon Valley Bank funding

Institutional FX exchange provider LMAX Exchange Group has announced that it has completed an equity purchase of Paddy Power Betfair plc’s remaining stake in the business. The 31.35% stake (or 187,811 shares) was bought from Paddy Power Betfair for £21.945 million, valuing LMAX Exchange at £70 million. The buyback brings 95% of the company under the control…

February 01, 2018 BY Mariela Naydenova

Bitcoin's downfall to $8,900 - the reasons

Bitcoin fell down to $9,000 on Thursday, February 2nd, 2018. Many did not expect the digital currency to go below this level, but that happened in a matter of hours. What could have caused the downfall are major worries that India is now on a mission to ban cryptos and a possible price manipulation on…

FlexTrade integrates ipushpull platform into FlexNOW EMS

February 01, 2018 BY LeapRate Staff

FlexTrade hires State Street FX Connect veteran Paul Alves as SVP Business Development

Multi-asset execution and order management systems company FlexTrade today announced the appointment of Paul Alves as Senior Vice President, Global FX Business Development, with a focus on expanding the company’s buy-side trading solutions to asset managers. According to Alves, automation efficiency, execution flexibility and cost conciseness for both the asset manager and their bank partners, are…

February 01, 2018 BY Valentina Kirilova

FCA warns against Marathon Asset Management clone firm

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

Crypto ICOs showing a comeback, after major drop off in 2018

February 01, 2018 BY Valentina Kirilova

IdentityMind Global launches regulatory compliance solution for Initial Coin Offerings

IdentityMind Global announced the immediate availability of its KYC Plug-in for ICOs. It provides a turnkey solution for customer onboarding functionality and user experience to walk ICO participants through the know your customer (KYC) process to meet regulations worldwide. The solution enables companies to perform required KYC and anti-money laundering (AML) checks on ICO participants.…

February 01, 2018 BY Valentina Kirilova

FCA warns against Sterling Bishop Associates 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 Sterling Bishop Associates. Sterling Bishop Associates is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…