LSE welcomes Indian Railway Finance Corporation’s First Green Bond LeapRate

December 07, 2017 BY Valentina Kirilova

LSE welcomes Indian Railway Finance Corporation’s First Green Bond

London Stock Exchange (LSE) announced that it welcomes Indian Railway Finance Corporation’s (IRFC) first green bond. The ten year dated green bond raised $500 million with an annual yield of 3.835 per cent and listed on London Stock Exchange’s new International Securities Market. The bond was more than three times oversubscribed and received strong international…

December 07, 2017 BY LeapRate Staff

FXCM FX trading volumes up 14% in November 2017 to $218 billion

After seeing a fairly slow start to the fall trading season, retail forex broker FXCM has posted fairly strong FX trading volume metrics for November. FXCM volumes were $218 billion in November, up 14% from $192 billion in October. Average customer trading volume per day of $9.9 billion in November was also 14% higher than…

December 06, 2017 BY Mariela Naydenova

New all-time high: Bitcoin reaching $13,000 price level

Close to the launch of bitcoin futures by CME Group and other exciting news, the “people’s currency” is going through the roof. While many thought that Zimbabwe enjoyed a price level of around $14,000 that is not easily attainable in other countries, today Bitcoin gained over $1,200 in just 24 hours. The truth is, based…

BNP Paribas selects Earthport for cross-border payments

December 06, 2017 BY LeapRate Staff

NFA doubles its assessment fee on futures and options contracts

The National Futures Association (NFA) has announced that effective January 1, 2018, the NFA's assessment fee will increase from $0.01 per side to $0.02 per side, for futures and options contracts. The decision to increase the assessment fee was made after a thorough review of all relevant issues by NFA's Board, Executive Committee and Finance Committee.…

December 06, 2017 BY LeapRate Staff

Four Points Capital Partners brokers charged with fraud making unsuitable trades for customers

The U.S. Securities and Exchange Commission has continued its crackdown on brokers who defraud customers, charging two New York-based brokers with making unsuitable trades that were costly for customers and lucrative for the brokers. The SEC’s complaint, filed in federal court in Manhattan, alleges that brokers Zachary S. Berkey of Centerreach, New York, and Daniel T. Fischer of…

December 06, 2017 BY LeapRate Staff

LCH’s SwapClear expands Australian Dollar offering

LCH, a leading global clearing house majority owned by London Stock Exchange Group Plc (LON:LSE), has announced that it has extended its SwapClear service to offer clearing of Australian Dollar BBSW vs AONIA overnight basis swaps (AUD BOBs). With SwapClear clearing approximately 85% of the the AUD interest rate derivatives market today, this addition will…

December 06, 2017 BY LeapRate Staff

Quantitative Brokers hires IHS Markit's Ralf Roth as CEO

Quantitative Brokers, an independent global provider of advanced agency algorithms and data-driven analytics to clients in the Futures and US Cash Treasury markets, has appointed Ralf Roth as Chief Executive Officer. The company also named Thomas Ascher as Executive Chairman. Ralf Roth brings a wealth of experience to Quantitative Brokers, recently serving as Equities Division CTO…

December 06, 2017 BY Valentina Kirilova

Bank of Russia signs MoU with Seychelles Financial Services Authority

The Bank of Russia and the Seychelles Financial Services Authority signed a Memorandum of Understanding on November 29th, 2017. The key areas of cooperation envisaged in the Memorandum are the following: assistance in detection and combating unlawful use of insider information and market manipulation, supervision and monitoring of compliance with applicable legislation in the financial…

December 06, 2017 BY Valentina Kirilova

Martin Adams joins CloudMargin as Head of Client Operations

CloudMargin, the creator of the world's first web-based collateral and margin management solution, announced that Martin Adams has joined the firm's senior leadership team as Head of Client Operations. Adams is a 26-year veteran of derivatives operations, with extensive experience in over-the-counter (OTC) and listed derivatives, as well as fixed income and foreign exchange (FX)…

December 06, 2017 BY Valentina Kirilova

EEX and EQS Group agree on cooperation

The European Energy Exchange (EEX), the European energy exchange, and EQS Group, an international technology provider for investor relations, corporate communications, and compliance, will support future participants in the CO2 market with their reporting obligations pursuant to the EU Market Abuse Regulation (MAR). As of January 3, 2018, the provisions of the Market Abuse Regulation…