QUOINE Corporation has announced that it is the first global crypto fintech company to receive an official license from the Japan Financial Services Agency (JFSA). QUOINE operates QUOINEX, a cryptocurrency exchange and high performance trading platform that went global since May 2014. At its core, QUOINE is focused on stringent security measures on QUOINEX and…
Read more
Cyprus financial regulator CySEC has announced that it has withdrawn the suspension of the CIF license granted to Binary Options broker Optionrally Financial Services Ltd. The reasons given by CySEC for suspending the company's license in the first place involved issues involving protection of clients’ funds, the company’s own funds, and the company’s capital adequacy…
Read more
LiquidityBook, a Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, today announced the completion of its migration to Amazon Web Services (AWS) data centers globally. As a result, LiquidityBook now maintains a Point of Presence (POP) in AWS regions in the US and Europe, with the ability to quickly scale up globally across Europe,…
Read more
Retail Forex broker Alpari Limited just announced their monthly volumes report with a turnover of 114.4bn USD across key markets in September. This is just 5% off August’s high and is significantly higher than this year’s average monthly values. In the first month of Autumn, Alpari saw mixed dynamics with regards to trading volume on…
Read more
The UK Financial Conduct Authority (FCA) announced that it has banned Mrs Colette Chiesa and Mr John Chiesa from working in financial services for integrity failings. Additionally, Mrs Chiesa has been fined £50,000 for attempting to mislead the FCA during an FCA interview. Mr and Mrs Chiesa were founding partners of Westwood Independent Financial Planners…
Read more
Board members and shareholders representing the majority of common shareholders in TradingScreen announced today the initiation of a legal action against TradingScreen Chairman of the Board Giampiero Grandi in response to significant corporate governance breaches occurring since May 2016. Given the seriousness of the offences perpetrated by Grandi, the majority shareholders of TradingScreen have required…
Read more
LeapRate Exclusive... LeapRate has learned that Klaus Buhl (pictured above), CEO of recently-launched FCA regulated institutional FX broker True Trade Ltd, has resigned his position at the company. Klaus Buhl's departure follows that of COO Ashraf Agha, who left True Trade earlier this year soon before the formal launch of the company, as was also exclusively…
Read more
Colt Technology Services today announced further network optimisations to two of the company’s key low-latency routes in the APAC region. Connectivity is available for service now and provided through the company’s private Ethernet-based Colt IQ Network. Latency for the Hong Kong-to-Singapore route has been reduced to approximately 29ms (RTD) going from the Hong Kong Stock…
Read more
FXecosystem, a leading provider of institutional and retail FX outsourced connectivity services, has announced the launch of FX-VPS – a cloud-based Virtual Private Servers (VPS) offering for the financial markets. FXecosystem’s FX-VPS enables clients to set up virtual servers in London, New York and Hong Kong quickly and easily in order to benefit from ultra low latency…
Read more
The Commodity Futures Trading Commission (CFTC) has announced the filing of a Complaint on October 2, 2017, in the U.S. District Court for the Central District of California. The CFTC Complaint, filed under seal, charges Defendants Scott Allensworth (d/b/a Capital Growth Group Associates and Cobra Development Group LLP), of Newhall, California; his California company E-Slate,…
Read more