Gaitame Japan forex website
October 27, 2017 BY LeapRate Staff

Gaitame.com Japan retail FX revenues down 20% in Q3, parent Tradition up 2.5%

Swiss interdealer broker Compagnie Financière Tradition SA (SWX:CFT) has reported preliminary summary results for Q3 2017, indicating continued weakness in its Japan Retail FX business, Gaitame.com. Overall, in the third quarter, consolidated revenue at Tradition was CHF 189.4 million (USD $190 million), compared with CHF 187.5 million in the same period in 2016, representing an…

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Gain Capital forex.com
October 27, 2017 BY Valentina Kirilova

GAIN Capital Q3 Revenues up 13% YoY

GAIN Capital Holdings, Inc. (NYSE: GCAP), the global provider of online trading services, and its Forex.com retail forex unit announced financial results for the third quarter of 2017, indicating that: Net revenue increased 13% year-over-year to $81.3 million GAAP net loss of $2.6 million, or $0.04 per share; adjusted net income of $2.1 million, or $0.05…

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October 27, 2017 BY Valentina Kirilova

Carsten Kengeter steps down as CEO of Deutsche Börse

Carsten Kengeter has informed the Supervisory Board of Deutsche Börse AG (DBAG) that he would like to step down as Chief Executive Officer of DBAG effective 31 December 2017 in order to allow the company to focus on business, clients and growth, and to avoid further burdens caused by the ongoing investigation. Carsten Kengeter said:…

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October 27, 2017 BY Valentina Kirilova

ASIC expands network of fintech cooperation agreements to Switzerland

On 18 October 2017, the Australian Securities and Investments Commission (ASIC) and the Swiss Financial Markets Authority (FINMA) entered a new agreement to cooperate on innovation in the financial sector. The agreement aims to encourage innovation in financial services in Switzerland and Australia, and to support financial services innovators in meeting legal requirements when operating…

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etf
October 27, 2017 BY Valentina Kirilova

Cboe welcomes new iShares Fund to ETF Marketplace

Cboe Global Markets, Inc. (NASDAQ: CBOE) has welcomed a new iShares fund to the Cboe ETF Marketplace. The iShares Broad USD High Yield Corporate Bond ETF (Cboe: USHY) seeks to track more high yield investable opportunities than any other U.S.-listed high yield ETF available. The Underlying Index, the Bank of America Merrill Lynch US High…

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Bitcoin comparisons to Gold are back, as both assets beat down equities
October 26, 2017 BY Mariela Naydenova

Bitcoin Gold – too much democratization?

After the hard “fork” that Bitcoin went through, the new currency, Bitcoin Gold, has suffered a not so positive perception, as the price of Bitcoin went down immediately after the introduction of the new product. The launch of Bitcoin Gold caused a distributed denial of service or what is called “DDoS” cyberattack. The website of…

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October 26, 2017 BY Mariela Naydenova

Singapore and Hong Kong – Fintech Heavens

Singapore and Hong Kong have become two of the world’s greatest fintech hubs, boasting numerous fintech startups and loose regulations on cryptocurrencies and financial technologies. Thus, The Monetary Authority of Singapore (MAS) and the Hong Kong Monetary Authority (HKMA) signed an agreement to further increase the collaboration between the two cities in a joint effort…

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October 26, 2017 BY Valentina Kirilova

FTAHK partners with FinTech associations in Singapore, Switzerland and Taiwan

The FinTech Association of Hong Kong (FTAHK) announced that it has signed three separate Memoranda of Understanding with the Singapore FinTech Association, the Swiss Finance + Technology Association and the Taiwan FinTech Industry Development Association. These were completed during the HongKong FinTech week that is currently underway. All three associations have the goal of collaborating…

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