January 11, 2018 BY Valentina Kirilova

Travelex appoints Gareth Williams as Chief Innovation and Transformation Officer

Travelex, a global foreign exchange and money transfer specialist, announced that Gareth Williams, currently Global HR Director, is to take on the newly created role of Chief Innovation and Transformation Officer in addition to his current mandate. In his new role, Williams' responsibilities will extend to include developing the innovation and transformation plan for Travelex,…

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TigerWit China fx broker
January 11, 2018 BY LeapRate Staff

China FX broker TigerWit buys FCA regulated Mercor Index

Continuing its international expansion and clear plans to grow in Europe, China based Retail FX brokerage group TigerWit has announced that it has acquired Mercor Index, the UK based and FCA regulated broker set up by longtime London Capital Group Holdings plc (LON:LCG) CEO Simon Denham. Mr. Denham set up Mercor Index in 2015 after Charles-Henri…

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SFC fines
January 11, 2018 BY Valentina Kirilova

Hong Kong SFC reprimands and fines EFG Bank AG $2 million

The Securities and Futures Commission (SFC) announced that it has reprimanded and fined EFG Bank AG (EFG Bank) $2 million for dealing in futures contracts without the required registration. The SFC found that between 1 April 2003 and 22 November 2016, EFG Bank executed 139 transactions in offshore listed index options for 11 clients without…

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stocks prediction 2020
January 11, 2018 BY LeapRate Staff

The Predictions Market is the Next Frontier for Blockchain Technology

The following article was written by Luis Aureliano, a business writer and financial analyst. With over 15 years of experience in global finance and an MBA in economics and management, Luis’s areas of expertise include business, marketing, communications, personal finance, macro economics, stocks and emerging markets. Blockchain technology is probably the biggest buzzword of 2017, and…

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everate BTCUSD trading 2017
January 11, 2018 BY LeapRate Staff

Bitcoin CFD pair BTCUSD has become most traded instrument on Leverate platform

Broker technology and platform solutions provider Leverate has reported that over the course of 2017, trading volume for the Bitcoin-US Dollar currency pair BTCUSD grew exponentially, eventually superseding the volume of all other individual forex pairs at brokers running its platform. Furthermore, this growth of interest in Bitcoin CFDs has contributed to increasing the cumulative…

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ASIC office
January 11, 2018 BY Valentina Kirilova

Seven Australia crowdfunding sites receive ASIC license

The Australian Securities and Investments Commission (ASIC) informed that it has licensed the first crowd-sourced funding (CSF) intermediaries under the new CSF regime. Seven companies have been issued with Australian Financial Services (AFS) license authorisations to act as intermediaries able to provide a crowd-sourced funding service. With the grant of these new authorisations eligible public…

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Deutsche Börse
January 10, 2018 BY Valentina Kirilova

Deutsche Börse welcomes Expat Asset Management as new ETF issuer

First ETF with access to Bulgarian stock market launched on Xetra More news from the Bulgarian market today, as the first exchange traded fund (ETF) issued by Expat Asset Management has been tradable on Xetra and Börse Frankfurt since Wednesday. The Expat Bulgaria SOFIX UCITS ETF tracks the performance of the Bulgarian SOFIX Index, giving investors…

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