December 12, 2017 BY Valentina Kirilova

CNBC unveils plans for Middle East Headquarters in Abu Dhabi

CNBC, the business and financial news network, today unveiled plans for a Middle East Headquarters in the heart of Abu Dhabi, the Capital of the United Arab Emirates. The network will begin broadcasting from a new studio at Abu Dhabi Global Market (ADGM), the international financial centre of Abu Dhabi, in the first quarter of…

Read more
December 12, 2017 BY Valentina Kirilova

R.J. O’Brien Limited hires veteran UK institutional brokerage team

R.J. O’Brien & Associates (RJO), the oldest independent futures brokerage and clearing firm in the United States, today announced that veteran institutional brokers Barry Marnane and Neil Tesi have joined its London-based affiliate, R.J. O’Brien Limited (RJO Limited). Operating as a team for 16 years, Marnane and Tesi specialize in global macro fixed income futures…

Read more
RoboMarkets yacht
December 12, 2017 BY LeapRate Staff

RoboForex increases cryptocurrency trading leverage to 10x

After initially launching cryptocurrency trading in October, Limassol based Retail FX brokerage group RoboForex has announced that it is increasing the leverage clients can use in trading Bitcoin, Ethereum, et al to 10x. When first launched, RoboForex was offering between 1:1 and 1:5 leverage on cryptos. RoboForex is making the move despite the recent hyper-volatility…

Read more
December 12, 2017 BY Valentina Kirilova

CESC announces launch of CES SCHK50 Index

China Exchanges Services Company Limited (CESC) today announced its CES Stock Connect Hong Kong Premier 50 Index (CES SCHK50), an index designed to capture the performance of the 50 largest stocks by market capitalisation listed in Hong Kong and eligible for Stock Connect will be launched on Thursday, 4 January 2018. The constituents cover both…

Read more
FCA
December 12, 2017 BY Valentina Kirilova

FCA makes it easier for people to compare bank accounts

The Financial Conduct Authority (FCA) has today published final rules which will require providers of personal current accounts and business current accounts to publish information that will help customers to compare the service they could receive from different providers. The new information will help customers, comparison websites and the media to make meaningful comparisons of…

Read more
Tradeweb brings RFQ trading to the options industry
December 12, 2017 BY Valentina Kirilova

Tradeweb gets FCA green light to operate an OTF

Trading platform Tradeweb announced that it has received authorisation from the UK’s Financial Conduct Authority (FCA) to operate an Organised Trading Facility (OTF), effective from 3rd January 2018. On that basis, Tradeweb can offer its clients greater flexibility to choose the type of venue and execution method that suits their needs. It will support the…

Read more
Crypto ICOs showing a comeback, after major drop off in 2018
December 12, 2017 BY Valentina Kirilova

Gap widens in ICO funding

While top projects continue to crack $100 million, 1 in 5 are abandoning ICOs altogether Token Report, the database of verified information on ICOs, today released data on shifting trends in ICO funding. The gap between top projects and mid-tier projects is widening, and more project leaders are abandoning their ICOs altogether. In Q3, about…

Read more
December 12, 2017 BY Valentina Kirilova

Binary Options broker Vogel Capital gets warning from Sweden's Finansinspektionen

The Swedish Financial Supervisory Authority Finansinspektionen (FI) just informed that persons claiming to represent Vogel Capital are offering Swedish investors to trade with securities in terms of binary options. FI has investigated the matter and has not been able to determine that Vogel Capital is a going concern. Vogel Capital / Commercial Support LP is neither…

Read more