Quantitative Brokers hires IHS Markit’s Ralf Roth as CEO LeapRate

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…

December 06, 2017 BY Valentina Kirilova

ASIC reports on decisions to cut red tape

ASIC has released its latest report outlining decisions on relief applications, highlighting ASIC’s efforts to reduce red-tape and achieve a practical, positive outcome for companies seeking some regulatory flexibility. These reports aim to provide transparency about our decision making and to better inform businesses about the circumstances in which we grant relief. Report 556 Overview…

December 06, 2017 BY LeapRate Staff

ADS Securities issues warning regarding Zayed Coin

Abu Dhabi based international financial services firm ADS Securities has issued a warning that it is not affiliated, connected, or associated in any way with a company trading under, amongst other names, Zayed Coin. ADS stated that Zayed Coin, without permission, has used images of ADS Securities and referenced links between the organisations. There are…

December 06, 2017 BY LeapRate Staff

Poland regulator KNF issues criteria for FX broker dividend payments in 2018

Polish financial supervision authority commission Komisja Nadzoru Finansowego (KNF) issued directives yesterday to the country's brokerage houses regarding dividend policy. The KNF recommended that the dividend in 2018 should only be paid by brokerage houses which meet the following criteria in aggregate: A. dividend in the amount not higher than 75% of the net profit for…

December 06, 2017 BY Valentina Kirilova

Bitcoin: Big change or loose change?

The following post is courtesy of Lilian Chovin, Investment Strategist at Coutts. Bitcoin was all over the place this week – and not just in the media. It reached an all-time high by breaking through the $11,000 mark but then fell by 20%. Its sharp rise brought back memories of the dotcom bubble back at…

December 06, 2017 BY LeapRate Staff

Saxo Bank hires Robert Hjorth to newly established position as Head of Strategy

Copenhagen based multi asset broker Saxo Bank has announced that it has hired Robert Hjorth to take up a newly established position as Head of Strategy, effective from March 1, 2018. In the new role, Robert Hjorth will be driving the strategy planning process and execution to ensure efficient strategy prioritisation and execution across the…

December 06, 2017 BY Valentina Kirilova

ASIC permanently bans directors of Found Financial for dishonest and deceptive conduct

The Australian Securities and Investments Commission (ASIC) announced that it has permanently banned Matthew Manson Wallis and Rochelle Roanna Manoharan from providing financial services. Mr Wallis and Ms Manoharan are directors of Found Financial Services Pty Ltd (Found Financial), which is a former Corporate Authorised Representative of RI Advice Group Pty Ltd (RI Advice). ASIC…