November 25, 2017 BY Valentina Kirilova

TMX Group provides update regarding regulatory engagement

TMX Group (TSX:X), owner and operator of CDS, Canada's equities and fixed income clearing house, has today provided an update on the engagement with the Canadian Securities Administrators (CSA), an umbrella organization of Canada's provincial and territorial securities regulators, regarding the clearing of securities of issuers with marijuana-related activities in the U.S. Details can be…

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TechFinancials sells its holding in MarketFinancials to Proverial Ltd
November 24, 2017 BY LeapRate Staff

TechFinancials sells OptionFair binary options brand for $400K as it focuses on Blockchain and Crypto technologies

Binary options technology and brokerage company TechFinancials Inc (LON:TECH) is getting out of the broker side of the business. TechFinancials today announced that it has agreed to sell its CySEC licensed subsidiary B.O. TradeFinancials Limited which operates the OptionFair binary options brokerage brand, as well as another related subsidiary MarketFinancials Limited, to a Cyprus incorporated company called…

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Foster Stockbroking IPO conflict
November 24, 2017 BY LeapRate Staff

Foster Stockbroking called out by ASIC for IPO conflict of interest

Australia financial regulator ASIC has announced that it has accepted an enforceable undertaking from Foster Stockbroking Pty Limited (FSB) over the stockbroker's capital markets and research businesses, following an ASIC investigation into conflicts of interest. FSB is an Australian financial services licensee based in Sydney that provides investment banking and traditional stockbroking (including research) services…

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Pepperstone trade cryptocurrencies
November 24, 2017 BY LeapRate Staff

Pepperstone adds crypto trading in Bitcoin, Ethereum, Dash and Litecoin

Leading Australian Retail FX and CFDs broker Pepperstone has announced that it is now offering four cryptocurrencies against the US Dollar – Bitcoin, Ethereum, Dash and Litecoin. The cryptocurrencies will be available for trading with leverage up to 20:1 across all of the company's trading platforms. Cryptocurrency has large market movements that Forex and CFD traders can…

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November 24, 2017 BY Mariela Naydenova

Ethereum with a new, all-time high of $400

All investors have been waiting for Ethereum to break the $400 level. As the cryptocurrency was gathering momentum this week, as could be seen in the graph below, the new all-time high signals confidence in the Ethereum community and a very important threshold to be reached. With a market capitalization of around $40 billion, ethereum…

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Morgan Stanley fined $10m for AML program
November 23, 2017 BY LeapRate Staff

New Zealand based FX broker Fullerton Markets gets FMA warning for AML issues

New Zealand financial regulator The Financial Markets Authority (FMA) has issued a formal warning to Wellington based Retail FX broker Fullerton Markets Limited under Section 80 of the country's Anti-Money Laundering and Countering Financing of Terrorism Act (AML/CFT Act). An inspection of Fullerton’s AML/CFT compliance by FMA staff showed that the company did not have…

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