Nasdaq, Inc. (Nasdaq:NDAQ), today announced the addition of Joseph Mecane to the board of directors of the following U.S. exchanges operated by the company: The Nasdaq Stock Market, LLC; Nasdaq PHLX, LLC; Nasdaq BX, Inc.; Nasdaq ISE, LLC; Nasdaq MRX, LLC; and Nasdaq GEMX, LLC. Mr. Mecane was elected on January 17, 2018. Mr. Mecane…
Read more
UK online trading leader IG Group Holdings plc (LON:IGG) has reported its results for the first half of fiscal 2018 (i.e. the six month period ended November 30, 2017), indicating record half-year Revenues for the company. IG Group has a May 31 fiscal year end. Beyond the numbers, IG Group also outlined a number of…
Read more
BNY Mellon has announced plans to address the increasingly complex and capital-constrained FX market by launching a prime brokerage service for its institutional clients. The service will launch in early 2018 and allow participants to more efficiently trade, finance and margin their FX through BNY Mellon, a highly-rated counterparty that oversees more than $33.3 trillion…
Read more
LeapRate Exclusive... LeapRate has learned via court filings made in Israel (see source below) that the country's highest court has rejected an appeal made against the new Binary Options ban legislation. As such, Israel's Binary Options ban law takes effect today, January 23, 2018, as planned. All Binary Options activity, from offering binary trades to…
Read more
The Chairman of the U.S. Securities and Exchange Commission (SEC), Jay Clayton, came with a statement that the SEC is now investigating companies that benefited from the crypto hype by becoming "blockchain" ones overnight. It wasn't long ago when certain US companies experienced a strong stock price increase by just adding the word "blockchain" to its…
Read more
Some experts already call these several weeks of January, 2018 "red"ones, as alt coins are plunging with lightning speed. Bitcoin is currently down with 9%, trading just under $11,000. Despite the "blood" on the market and pain of investors, the CEO of Shopin, Eran Eyal said that he "has no doubt" that Bitcoin's price will…
Read more
Just as investors though the cryptocurrency market is up and running with full speed ahead, Monday proved to be a difficult day for the crypto "maniacs" with most alt coins well in the red. Bitcoin is down with 9% for the day up until now, trading at $10,337, according to CoinMarketCap. The table below gives…
Read more
The U.S. Securities and Exchange Commission has announced charges against six certified public accountants, including former staffers at the Public Company Accounting Oversight Board (PCAOB) and former senior officials at KPMG LLP, arising from their participation in a scheme to misappropriate and use confidential information relating to the PCAOB's planned inspections of KPMG. The SEC's…
Read more
Digital payments currency Dash has announced an integration with Florida-based cryptocurrency exchange Mercury Cash, providing users with an easy way of acquiring Dash with a linked debit/credit card. The partnership marks a major milestone for Dash, as Mercury Cash is rapidly growing in its mission to become a regulated bank for the digital generation. In…
Read more
London based global commodities broker Marex Spectron has announced that it has further strengthened its Precious Metals business, with the appointment of Warren Capps, formerly of UBS. Warren Capps, who started in mid-January, was previously at the UBS Investment Bank unit of UBS AG (SWX:UBSN), where he managed the global spot metals team. Prior to…
Read more