FCA
November 07, 2017 BY Valentina Kirilova

FCA response to PSR’s paper on authorised push payment scams

The Financial Conduct Authority (FCA) has contributed to the Payment Systems Regulator (PSR) paper on Authorised Push Payment Scams. This follows the Which? super-complaint regarding safeguards in the market for push payments. In December 2016, the FCA committed to identify if there were any firm-specific or sector-wide issues in the way banks handle authorised push…

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Cboe volumes
November 07, 2017 BY Valentina Kirilova

Cboe reports Q3 2017, Net Revenue up 10% YoY

Just two days after releasing its October volumes report, Cboe Global Markets, Inc. (NASDAQ: CBOE) has today reported financial results for the third quarter of 2017. Q3 2017 highlights include: Revenue Less Cost of Revenue of $269.7 Million, up 98 Percent, Reflects the Bats Acquisition Net Revenue up 10 Percent Compared to 3Q16 Adjusted Combined…

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November 07, 2017 BY Valentina Kirilova

Ebury continues growth expansion with new office in Toronto Canada

Ebury, a fintech specialist for corporate global transaction services, today announced their first office opening outside of Europe in Toronto Canada, to be led by Matthew Acton-Davis as Country Manager. This first Canadian office has been set up to support demand for international currency payments and collections, foreign exchange risk management and import finance solutions…

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November 07, 2017 BY Valentina Kirilova

Virtu Financial posts Q3 loss of $40 million burdened by KCG acquisition costs

Virtu Financial, Inc. (NASDAQ: VIRT), a technology-enabled market maker and liquidity provider to the global financial markets, today reported results for the third quarter ended September 30, 2017. Highlights include: Reported results include KCG from July 20 through September 30, 2017 Net loss of $40.0 million, burdened by costs associated with the KCG acquisition and…

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November 07, 2017 BY Valentina Kirilova

SIA with R3 to accelerate the adoption of blockchain applications by 600 banks and corporates

SIA and R3 announced that they have launched a strategic partnership aimed at speeding up the global development and adoption of blockchain applications by leveraging SIAnet’s 600 nodes provided to financial institutions, corporates and public administrations. As part of the partnership, SIA will build a secure and protected network called SIAchain, which will be integrated…

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November 07, 2017 BY Valentina Kirilova

Torstone Technology appoints Payal Raina as Global Head of Marketing

Torstone Technology, the global provider of post-trade securities and derivatives processing, today announced the appointment of Payal Raina to the newly created position of Global Head of Marketing, with immediate effect. Payal Raina will be responsible for overseeing Torstone Technology’s global marketing and branding initiatives as well as internal and external communications for the company.…

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JFD Brokers Czech Prague office
November 07, 2017 BY LeapRate Staff

FX broker JFD expands to Czech Republic, opens Prague office

CySEC regulated retail forex and CFDs broker JFD Brokers has announced the launching of a new office in Prague, Czech Republic, where it will welcome new clients from the region, as well as from Slovakia. Mohamed Hassan, JFD’s Chief Business Development Officer, who has been leading the company’s international growth, said: The opening of our…

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Bitcoinmag.de german crypto portal
November 07, 2017 BY LeapRate Staff

FX affiliate group Investoo buys German cryptocurrency portal Bitcoinmag.de

Well that didn't take long. Less than a week after we exclusively reported that VC-backed Investoo Group had raised $10 million with a specific mandate to pursue acquisitions, the company has reported that it has purchased Bitcoinmag.de, expanding its reach into the DACH cryptocurrency market. Bitcoinmag.de is a German language resource site for crypto investors, providing purchase…

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sfc bans
November 07, 2017 BY Valentina Kirilova

SFC bans former relationship manager of Citibank (Hong Kong) Limited

The Hong Kong Securities and Futures Commission (SFC) has banned Mr Yeung Leung Yuen, a former relationship manager of Citibank (Hong Kong) Limited (Citibank), from re-entering the industry for three years for conducting unauthorized transactions in a client’s securities account (Yeung was a relevant individual engaged by Citibank to carry on Type 1 (dealing in…

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