Shenzhen Stock Exchange Signs MOU With Lao Securities Exchange LeapRate

December 18, 2017 BY Valentina Kirilova

Shenzhen Stock Exchange Signs MOU With Lao Securities Exchange

On 12th December, Shenzhen Stock Exchange (SZSE) signed a Memorandum of Understanding (MoU) with Lao Securities Exchange (LSX). As per the LOU, both parties shall deepen collaboration on information sharing, personnel exchanges, platform construction, market and product development, etc. General Manager of SZSE Wang Jianjun and CEO of LSX Vanhkham Voravong were present at the…

December 18, 2017 BY LeapRate Staff

UK online broker shares hammered by ESMA leverage proposals: IG -11%, Plus500 -13%; CMC -10%

Shares of the leading FCA regulated UK online brokers traded down sharply on Monday morning, following proposals made late Friday by pan-European financial regulator ESMA to enact fairly severe restrictions on leveraged FX and CFD trading. While ESMA made a number of proposals which it will put to public consultation in January - a Binary…

December 18, 2017 BY Valentina Kirilova

SGX welcomes Clearbridge Health Limited to Catalist

Singapore Exchange (SGX) announced that it has welcomed Clearbridge Health Limited to its Catalist under the stock code “1H3”. Clearbridge Health Limited is a healthcare company focused on the delivery of precision medicine in Asia. It aims to empower clinicians and healthcare professionals to make more reliable and accurate diagnoses, provide insights to disease management,…

December 18, 2017 BY Valentina Kirilova

LSEG's Elite continues global expansion in China

Elite, London Stock Exchange Group’s international business support and capital raising programme, announced that it has signed a Memorandum of Understanding (MoU) with Shenzhen Securities Information Company (SSIC), a wholly owned subsidiary of Shenzhen Stock Exchange (SZSE), to support the launch of Elite in China through the creation of the Elite V-Next Alliance. The signing…

December 18, 2017 BY LeapRate Staff

Plus500 "welcomes" ESMA regulatory proposals for CFD and Binary Options trading

FCA regulated CFD broker Plus500 Ltd (LON:PLUS) has issued its response to the proposals made late last week by pan-European regulatory authority ESMA to severely rein in the world of online leveraged trading in the EU. ESMA's proposals included: a total ban on Binary Options marketing and trading in the EU leverage restrictions on Forex…

December 18, 2017 BY LeapRate Staff

IG Group calls ESMA's proposed 30x CFD and Forex leverage restrictions "disproportionate"

UK online trading leader IG Group Holdings plc (LON:IGG) has issued a formal statement in response to the proposals made late last week by pan-European regulatory authority ESMA to severely rein in the world of online leveraged trading in the EU. And, it wasn't all laudatory. While IG did state that it is is "supportive of…

December 18, 2017 BY LeapRate Staff

EU brokers faced with Binary Options ban, Deposit Bonus ban, and 30x Forex leverage cap

After several months of waiting and much speculation, European pan financial regulatory body ESMA has finally given the investing public a whiff of what it is planning to (try and) impose on the online trading world: a blanket ban on Binary Options in the EU, and a leverage cap of 30x on Forex trading. After…

December 17, 2017 BY LeapRate Staff

Bitcoin flirting with $20,000 ahead of CME futures launch Monday

It has been another positive weekend for Bitcoin trading. But this time, it seems as though there was some method to the madness. After spending most of Friday trading in the $16,000-$17,000 range - up from the $13,000 range just last weekend - Bitcoin prices rose throughout the weekend and spent most of Sunday bouncing…

The world’s largest crypto IPO postponed

December 17, 2017 BY LeapRate Staff

Exclusive: FX broker AvaTrade stops taking new crypto-trading clients via affiliates

LeapRate Exclusive... It looks like there indeed is a downside to the rapid runup in cryptocurrency trading at Retail FX shops. With the surge in interest from retail traders to trade bitcoin, ethereum and their various crypto cousins, some FX brokers - always welcoming new clients, of course, alongside increased trading volume from existing clients…

December 17, 2017 BY LeapRate Staff

UFX.com Weekly Trading Review - Disney acquires 21st Century Fox for record $52 billion

Your Weekly Trading Review by UFX.com – Sunday, December 17th, 2017 Some of this past week’s leading economic news and events affected the financial markets: The EUR/USD and GBP/USD both fell by -0.25% and -0.83%, respectively. Gold enjoyed a slight increase of 0.03%, while Crude Oil also rose in value by 0.46%. The 3 major US indices…