Dubai Financial Market (DFM) and Nasdaq Dubai have signed a licence agreement under which futures contracts linked with the DFM General Index (DFMGI) will be traded on Nasdaq Dubai’s equity futures market. The launch of the index futures is a core element of the exchanges’ joint strategy to offer institutional and retail investors attractive new…
Read more
Your Weekly Trading Review by UFX.com – Sunday, October 22nd, 2017 Here are some of the major financial events of the past week and how they affected the global financial markets: EUR/USD fell by -0.57%, closing at $1.1784 and the GBP/USD closed at a £1.3190 exchange rate. The Dow ended the week on a high of 23,328.63.…
Read more
Once again, all the key Forex Industry News stories appeared this past week only at LeapRate. (Or, were soon after copied by other blogs :-) ). Which longtime IG Group Holdings plc (LON:IGG) executive was hired as the new CEO of leading Australia Retail FX broker Pepperstone? Which major city held a coordinated police raid on…
Read more
On Friday, October 20th, Bitcoin hit a new all-time high level of $6,000. In the afternoon, the price of bitcoin started climbing and broke the $6,000 "threshold", climbing to around $6,144 (Coinbase). Although, the price today is decreasing slowly, coming at $5, 959 (Coinbase), the market capitalization of the "people's currency" is now around $100…
Read more
The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Britannia Capital Management. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics…
Read more
MasterCard is one of the corporations that is big on digitalization and innovation. Currently, with around 90 of the biggest corporate giants in the world, like Google and Goldman Sachs, who are heavily investing in blockchain, MasterCard is to roll out blockchain API. According to Finextra, MasterCard has already filed for 35 blockchain patents and…
Read moreMongoDB, Inc. (Nasdaq:MDB), the modern, general purpose database platform, rang the opening bell at the Nasdaq MarketSite in Times Square yesterday in celebration of its initial public offering (IPO) on The Nasdaq Stock Market. MongoDB’s platform unleashes the power of software and data for developers and the applications they build. A database is at the…
Read more
The Monetary Authority of Singapore (MAS) announced today that a simplified regulatory regime for managers of venture capital funds (VC managers) will come into immediate effect, following public consultation on the proposal earlier this year. The new regulatory regime will simplify and shorten the authorisation process for VC managers. MAS will no longer require VC…
Read more
The Irish Stock Exchange (ISE) has just released itr volumes report for the third quarter of 2017. The highlights include: Over 36,000 securities listed by over 4,000 issuers from 85 countries Equities turnover up 4% to €73bn for first 9 months of 2017 ISEQ up 5.6% in period Jan-Sept 2017 Two new equity listings during…
Read more
Warsaw-based Bank Polskiej Spóldzielczosci SA (Bank BPS) announced that it has chosen Wolters Kluwer’s OneSumX for Risk and OneSumX for Regulatory Reporting to provide an integrated risk and regulatory reporting solution following a competitive tender process. Bank BPS has chosen to use the OneSumX solution for static and dynamic projection analysis, liquidity reporting, interest rate…
Read more