MiFID II implementation across Europe: Which states are lagging? LeapRate

FCA publishes its Quarterly KPIs, no clear trends indicative of firm responses to Brexit

December 28, 2017 BY LeapRate Staff

MiFID II implementation across Europe: Which states are lagging?

The following article was written by Quinn Perrott, General Manager of regulatory and compliance solutions provider TRAction Fintech. Starting on 3 January 2018 are both MiFIR and MiFID II. MiFIR applies in all European Union states regardless of domestic implementation. However, as a directive of the European Commission, MiFID II requires enactment into the national…

December 28, 2017 BY Valentina Kirilova

BTL Group Ltd. hires Stella Hall and Jonathan Jones

BTL Group Ltd. (CVE:BTL) announced that it has hired a Head of Marketing, Stella Hall, and Business Development Manager, Jonathan Jones, as the firm commences its sales and marketing drive to bring its proprietary blockchain platform Interbit to market. We are looking for exceptional sales and marketing people to join our team and help build…

December 28, 2017 BY Valentina Kirilova

Nasdaq announces mid-month open short interest positions in Nasdaq stocks

At the end of the settlement date of December 15, 2017, short interest in 2,344 Nasdaq Global Market SM securities totaled 7,459,908,298 shares compared with 7,455,601,576 shares in 2,348 Global Market issues reported for the prior settlement date of November 30, 2017. The mid-December short interest represents 4.37 days average daily Nasdaq Global Market share…

December 28, 2017 BY LeapRate Staff

TechFinancials puts more cash into Blockchain based online diamond exchange Cedex.com

After receiving more than $1 million in dividends from its China JV DragonFinancials, binary options platform provider TechFinancials Inc (LON:TECH) is continuing its diversification away from binaries by plowing some of that cash into its Cedex.com joint venture. As we reported in October, TechFinancials set up Cedex.com as a JV with private banking expert Saar Levi. Cedex (CErtified…

December 28, 2017 BY Valentina Kirilova

Bitcoin in 2018: An interview on virtual currency volatility with Edwin Dearborn

The price of bitcoin has shot up from $1,000 to $20,000 in 11 months while other popular cryptocurrencies like Ethereum, Ripple and Dash have increased in value even faster. Virtual currency is quite volatile these days, and here's LeapRate's recent conversation with Edwin Dearborn, CMO at e-Chat, who gives his expert commentary on virtual currency…

Cboe ETF Marketplace Cboe Global Markets Inc. (Nasdaq: CBOE)

December 28, 2017 BY Valentina Kirilova

Cboe welcomes new issuer AlphaClone to ETF Marketplace

Cboe Global Markets, Inc. (Nasdaq: CBOE) announced that two AlphaClone funds successfully transferred to the Cboe ETF Marketplace from NYSE Arca today. The AlphaClone Alternative Alpha ETF (Cboe: ALFA) seeks to track the price and yield, before fees and expenses, of the AlphaClone Hedge Fund Downside Hedged Index. The AlphaClone International ETF (Cboe: ALFI) seeks…

December 27, 2017 BY Mariela Naydenova

Binance overtakes Bittrex, Bithumb and Bitfinex as the largest crypto exchange

Binance, a cryptocurrency exchange that was launched just five months ago, became the largest exchange in the world by trading volume with $2.8 billion traded since Tuesday according to data from Coinmarketcap.com. The company recently stated they had now reached 2.9 million users on their platform since their launch in July of 2017. “We are…

December 27, 2017 BY Mariela Naydenova

Segwit2x Fork is back with vengeance

After Segwit2x was planned to happen in mid November this year, the fork was unexpectedly cancelled, leaving many Bitcoin enthusiasts wondering what is going on within the Bitcoin community. Now, a month later, the new fork is set to launch again. The new announcement was made on the 16th of December, with plans for the…

December 27, 2017 BY Valentina Kirilova

FINRA fines J.P. Morgan Securities LLC $2.8 million for supervisory failures

The Financial Industry Regulatory Authority (FINRA) announced today that it has fined J.P. Morgan Securities $2.8 million for violating the Securities and Exchange Commission’s (SEC) Customer Protection Rule and for related supervisory failures. The SEC rule creates requirements to protect customers' funds and securities. To ensure that customers could recover their assets in the event…

Spanish Stock Market BME Bolsa de Madrid

December 27, 2017 BY Valentina Kirilova

Spanish regulator CNMV approves BME as APA and ARM

BME Regulatory Services announced today that it has received authorisation from the Spanish securities market regulator, Comisión Nacional del Mercado de Valores (CNMV), to provide Approved Publication Arrangement (APA) and Approved Reporting Mechanism (ARM) services in compliance with MiFID II and MiFIR requirements, which will come into force on 3rd January 2018. As an APA,…