TechFinancials converts loan into Footies
December 21, 2017 BY LeapRate Staff

TechFinancials gets another $1.1 million payout from China binary options JV DragonFinancials

It looks like TechFinancials Inc (LON:TECH) isn't done quite yet with the Binary Options business. TechFinancials announced that it has received dividends totaling $1.46 million from two subsidiaries - $1.12 million from its 51% owned joint venture DragonFinancials, which operates a China-focused binary options brokerage business, and $340,000 from its (formerly) fully owned subsidiary MarketFinancials, which provides…

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Cboe ETF Marketplace Cboe Global Markets Inc. (Nasdaq: CBOE)
December 21, 2017 BY Valentina Kirilova

Cboe welcomes new issuer James Investment Research to ETF Marketplace

Cboe Global Markets, Inc. (Nasdaq: CBOE) informed that it has welcomed new issuer James Investment Research, Inc. to the Cboe ETF Marketplace with the launch of one fund. The James Biblically Responsible Investment ETF (Cboe: JBRI) seeks to provide investment results that, before fees and expenses, track the performance of the James Biblically Responsible Investment…

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SFC fines
December 21, 2017 BY Valentina Kirilova

Mintco LLC to pay $340,000 for engaging in illegal off-exchange precious metals transactions

The Commodity Futures Trading Commission (CFTC) announced that it has obtained three related Consent Orders of Permanent Injunction against Defendants Mintco LLC of Delray Beach, Florida, and its owners Stuart Rubin of Fort Lauderdale, Florida, and Richard Q. Zimmerman of Wellington Florida, finding that all Defendants engaged in illegal off-exchange precious metals transactions and further…

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clone firm FCA warning
December 20, 2017 BY Valentina Kirilova

FCA warns against Loans 4 All Needs clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Loans 4 All Needs. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their…

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FCA publishes its Quarterly KPIs, no clear trends indicative of firm responses to Brexit
December 20, 2017 BY LeapRate Staff

FCA expects EU-MiFID license passporting to continue post-Brexit

It looks like London's Retail FX brokers and financial institutions can breathe easy. At least for now. UK financial regulator the FCA issued a statement this afternoon, indicating that it expects the UK will remain within the MiFID license passporting system after Brexit is implemented, allowing financial services companies (such as FX brokers) to receive…

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CySEC fine
December 20, 2017 BY Valentina Kirilova

CySEC issues €95,000 administrative fine to UFX.com parent Reliantco Investments Ltd.

The Cyprus Securities and Exchange Commission (CySEC) has announced that it has imposed an administrative financial penalty on Reliantco Investments Ltd., an investment firm which operates the UFX.com online Retail FX and CFDs brand. A sum of €95,000 has been imposed on the company for multiple compliance failings that breached the policies and procedures CySEC…

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NZX Carbon Fund (CO2)
December 20, 2017 BY Valentina Kirilova

NZX to implement changes to pricing structure in 2018

NZX announced it will implement changes to its trading and clearing pricing structure in the second half of 2018 as it responds to feedback from market participants and to encourage more on-market liquidity. This supports the exchange’s commitment to secondary market development, as outlined in its recently released strategy. NZX will migrate to a trading…

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ICM Capital cTrader platform
December 20, 2017 BY LeapRate Staff

ICM Capital launches Spotware's cTrader Forex trading platform

FCA regulated retail forex broker ICM Capital has announced that it has integrated the cTrader Forex trading platform. cTrader will be added to ICM Capital's growing list of products and services, which includes the launch of Bitcoin CFDs last month. As of today, the company will begin onboarding clients to this new platform where they…

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CFTC offices
December 20, 2017 BY Valentina Kirilova

CFTC revokes FBOT registration upon request of CME Europe

The Commodity Futures Trading Commission (CFTC) on December 15, 2017 issued an order revoking the foreign board of trade (FBOT) registration of CME Europe Limited (CMEEL). Such registration permits an FBOT to allow identified members or other participants located in the United States to enter trades directly into the trade matching system of the FBOT.…

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December 20, 2017 BY Valentina Kirilova

Thomson Reuters clients given access to FX trading on Moscow Exchange

Thomson Reuters (NYSE:TRI) announced that its clients have been given access to aggregate quotes of the Moscow Exchange FX Market via Thomson Reuters’ FX Trading platform. The new functionality will allow users to see quotes of Moscow Exchange, Thomson Reuters Matching, Orderbook and counterparty banks’ liquidity on one desktop and trade at the best available…

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