OSC adopts final rule for distributions outside Canada LeapRate

December 22, 2017 BY Valentina Kirilova

OSC adopts final rule for distributions outside Canada

The Ontario Securities Commission (OSC) announced that has adopted OSC Rule 72-503 - Distributions Outside Canada, including Form 72-503F Report of Distributions Outside Canada and Companion Policy 72-503 Distributions Outside Canada. A consequential amendment to OSC Rule 11-501 Electronic Delivery of Documents To The Ontario Securities Commission has also been adopted. The Final Rule adoption…

December 22, 2017 BY Valentina Kirilova

Epoch Capital Pty Ltd pays $130,000 in infringement notice penalty

Epoch Capital Pty Ltd has paid a penalty of $130,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (the MDP), ASIC announced earlier today. The ASIC Market Integrity Rules (ASX 24 Market) 2010 prohibit a market participant from offering to purchase, sell or deal in a futures contract as…

Thomson Reuters teams up with Seabury TFX to create new trade finance marketplace in Asia

December 22, 2017 BY Valentina Kirilova

TAB partners with Thomson Reuters Labs

TAB just announced that it has partnered with Thomson Reuters Labs. TAB's data analysis brings insight to the next generation of finance industry, the online marketplace. TAB data shows that the amount raised through online finance marketplaces has been doubling almost every year since 2012 and, excluding China, has exceeded $35B in 2017 to date,…

December 22, 2017 BY LeapRate Staff

Is the Bitcoin bubble bursting, or is this just a pre-Christmas selloff?

To some degree, Bitcoin trading has made no sense this year. As country regulator after regulator continued to warn against the dangers of buying cryptocurrencies, the price of Bitcoin and its crypto cousins Ethereum, Dash, Ripple et al continued to rise. The more that establishment types such as JP Morgan's Jamie Dimon chimed in to…

Complete history of synthetic symbols added in MetaTrader 5

December 22, 2017 BY Valentina Kirilova

MetaTrader 5 adds new tools - synthetic instruments, shared projects and MQL5 Cloud Protector

MetaTrader 5 is developing rapidly. Forex trading platform developer MetaQuotes just announced that it has added a number of new tools and services to the platform. No such innovations will ever be implemented into MetaTrader 4, the company added. The new release features an ability to create synthetic financial instruments. Activation of this feature requires…

æternity releases a live version of its blockchain platform

December 22, 2017 BY Valentina Kirilova

Snap Interactive chooses NEM blockchain technology to power new Backchannel app

SNAP will adopt NEM blockchain technology and XEM, the token underlying NEM NEM.io Foundation Ltd., a blockchain technology project, just announced that Snap Interactive, Inc. (OTCQB: STVI), a provider of live video social networking applications building on blockchain and other innovative technologies has selected NEM to power the Company’s core blockchain infrastructure. Development has already…

December 22, 2017 BY Valentina Kirilova

Finom pioneers cryptocurrency stock capital in Switzerland

Financial blockchain company Finom AG today announced it has become the first company to increase its stock capital by level of Ether (ETH) at 7,760 - the second most popular cryptocurrency. Finom’s capital stock now comprises 2.5 million Swiss Francs (СHF). The funding is registered in the Finom profile on the Swiss Commercial Register Zefix.…

December 22, 2017 BY Valentina Kirilova

FINRA warns against cryptocurrency-related stock scams

The Financial Industry Regulatory Authority (FINRA) has issued an Investor Alert warning investors to beware of potential stock scams when considering the purchase of shares of companies that tout high returns associated with cryptocurrencies, such as bitcoin. Unrealistic predictions of exponential returns and unsubstantiated claims made through press releases, spam email, telemarketing calls, or posted…

December 21, 2017 BY Mariela Naydenova

Smart capitalization on the crypto "hype"

Amid the hype around the cryptocurrency market, an iced tea company has managed to triple its value after adding the word "Blockchain" to its name. The Long Island Iced Tea Corp., which is a beverage company, changed its name to the Long Blockchain Corp. and expressed their hope to get around partner companies that invest…

December 21, 2017 BY Mariela Naydenova

What happened with Bitcoin Cash and Coinbase?

One of the largest cryptocurrency exchanges, Coinbase, launched Bitcoin Cash on their platform, and just hours after the announcement, they halted the trading of the newly added product on their exchange. Just before Coinbase launched Bitcoin Cash, the price of the digital currency was rising and this rise happened just hours before the launch on…