October 25, 2017 BY Valentina Kirilova

New Zealand FMA to require company ICOs to register a PDS disclosure document

The Financial Markets Authority (FMA) has published commentary on initial coin offers (ICOs) and cryptocurrency services alongside online resources for investors. Innovation is increasingly shaping financial services and regulators globally are considering their responses. The FMA shared that it wants to facilitate responsible innovation, and ensure that the regulatory regime remains relevant and agile. This…

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October 25, 2017 BY Valentina Kirilova

Virtu sells fixed income trade execution services business BondPoint to ICE

Virtu Financial, Inc. (NASDAQ:VIRT) the technology-enabled market maker and liquidity provider to the global financial markets, today announced it has entered into a definitive agreement to sell Virtu’s fixed income trading venue, BondPoint, to Intercontinental Exchange (NYSE:ICE). The transaction is expected to be completed in the first quarter of 2018, and the closing is subject…

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October 24, 2017 BY Mariela Naydenova

NaPoleonX cryptocurrency algo trading startup plans 40,000 Ethers token offering with Chaineum ICO boutique

NaPoleon Crypto has reached an agreement with Chaineum, the first French ICO boutique, for conducting an Initial Coin Offering that will be fully compliant with the French regulation. NaPoleon Crypto will publish the NaPoleonX smart contract: The NaPoleonX platform will allow to sell crypto investment vehicles (DAF - Decentralized Autonomous Funds) managed by algorithmic trading models…

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October 24, 2017 BY Mariela Naydenova

Stability in the Ethereum network

After the hard fork of Ethereum that happened on the 16th of October, the community seems more united, judging by the record number of transactions handles by Ethereum with speed and no delays. The network now boasts low fees and no congestion. According to Cryptoinvest, the Ethereum network manages almost half a million transactions daily,…

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October 24, 2017 BY Mariela Naydenova

Bitcoin ETFs - When and How

Bitcoin's popularity is surging up, especially now with the upcoming hard fork and the new price level it broke: $6,000. The next step for bitcoin seems logical - the launch of Bitcoin ETFs. However, the idea has been struggling and to this day, there is no approval for U.S. SEC on such a product to…

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October 24, 2017 BY Valentina Kirilova

R.J. O’Brien hires Brad Giemza to lead Global Risk Department

Chicago-based R.J. O’Brien & Associates (RJO), the oldest independent futures brokerage and clearing firm in the United States, announced today the appointment of Brad Giemza as Managing Director and Chief Risk Officer. Giemza will serve on RJO’s senior management team. Giemza has nearly two decades of experience in financial services risk, clearing and technology management.…

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Tradency RoboX Mirror Trader
October 24, 2017 BY LeapRate Staff

Exclusive: Tradency and m-FINANCE add three Asia FX / Commodities brokers to RoboX and Mirror Trader

LeapRate Exclusive... LeapRate has learned that financial trading technology provider Tradency's partnership with Hong Kong based FX and bullion platform provider m-FINANCE has continued to bear fruit. The partnership has signed up three additional Asia focused retail brokers to Tradency's RoboX and Mirror Trader copy and auto trading services. The three brokers are New Zealand based…

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fca warning
October 24, 2017 BY Valentina Kirilova

FCA warns against Greenshields Capital Group firm

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Greenshields Capital Group. Greenshields Capital Group is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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October 24, 2017 BY Valentina Kirilova

Glance Technologies announces increased investment into cryptocurrency space

Glance Technologies Inc. (CNSX:GET) announced that it is researching the creation of a rewards based cryptocurrency for use within its mobile payment platform. We believe that there is an opportunity in the payment space for a cryptocurrency that can facilitate rewards and promotions," said Glance, CEO, Desmond Griffin, "The new cryptocurrency frameworks are highly flexible…

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October 24, 2017 BY Valentina Kirilova

Colt provides ultra-low latency connectivity between JPX and Chicago

New exchange-to-exchange service from JPX leverages Colt IQ Network for security and ultra-low-latency Colt Technology Services has announced that it will provide direct connectivity between trading venues in Tokyo and Chicago for the Japan Exchange Group’s new inter-exchange service dubbed “JPX-Chicago Co-Location Direct”. The new service, powered by Colt’s dedicated, ultra-low-latency IQ Network, links JPX’s…

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