NEX Optimisation receives further ISO 27001 Security Certification LeapRate

September 28, 2017 BY Valentina Kirilova

NEX Optimisation receives further ISO 27001 Security Certification

NEX Optimisation, which helps clients reduce complexity and optimise resources across the transaction lifecycle, announced today that it has received the International Organization for Standardization (ISO) 27001:2013 Security Certification by the Standards Institute of Israel, for its Traiana suite of services through Traiana Technologies Ltd. ISO 27001 is the international standard for best practice in…

September 28, 2017 BY Valentina Kirilova

Quantitative Brokers appoints Thomas Ascher as a new Board member

Quantitative Brokers (QB), an independent, global financial technology company providing advanced algorithms and data-driven analytics to clients in the Futures and US Cash Treasury markets, announced that has appointed Thomas Ascher to its Board. Ascher brings more than 30 years of experience across the financial technology, exchange, and wagering industries. Most recently, Ascher served as…

September 28, 2017 BY Valentina Kirilova

OpenMarkets Australia pays $200,000 infringement notice penalty

Australia financial regulator ASIC just announced that OpenMarkets Australia Limited has paid a penalty of $200,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (MDP). The MDP had reasonable grounds to believe that OpenMarkets, throughout various periods in 2015 and 2016, breached the market integrity rules in relation to…

September 28, 2017 BY LeapRate Staff

CMC Markets reports increased profits in first half of Fiscal 2018, but fewer clients

FCA regulated online CFD brokerage house CMC Markets Plc (LON:CMCX) has issued its H1 2018 Pre-Close Trading Update (for the six months to September 30, 2017 - CMC has a March 31 fiscal year end), which included what we view as mixed results. The positive? CMC reported that profitability in H1 2018 is significantly higher than…

September 28, 2017 BY Valentina Kirilova

FXSpotStream adds State Street as 13th liquidity provider

Multibank FX aggregation service FXSpotStream today announced that State Street has joined the Service as a liquidity providing bank to FXSpotStream’s price aggregation service. State Street is the 13th bank available to clients connected to FXSpotStream’s Service. The addition of State Street adds to the liquidity available from FXSpotStream’s existing liquidity providers, which include BofA…

September 28, 2017 BY LeapRate Staff

LCG turnaround continues with trading volumes up 25%, narrowed losses in 1H 2017

Retail Forex, CFDs and Spread Betting broker London Capital Group Holdings plc (LON:LCG) has released its results for the first six months of 2017, indicating that the company is indeed well along in its restructuring and turnaround, but still has a long way to go. On the top line, LCG was able to generate healthy revenue…

September 28, 2017 BY Valentina Kirilova

Chubb announces preliminary loss estimates for hurricanes Harvey and Irma

Chubb Limited (NYSE: CB) just announced preliminary loss estimates in the third quarter of 2017 attributable to Hurricanes Harvey and Irma, which impacted Texas, Florida, other southeastern states and the Caribbean. Insured losses for Hurricane Harvey are currently estimated at approximately $650 million pre-tax, or $520 million after tax. Losses for Hurricane Irma are currently…

September 28, 2017 BY Valentina Kirilova

ASIC provides guidance for initial coin offerings

ASIC has released guidance to help issuers of initial coin offerings (ICOs) consider their legal obligations when offering coins or tokens. ASIC Commissioner John Price said: We want to ensure innovative firms understand the regulatory framework they may be operating under and ensure they meet any obligations they may have when raising funds in Australia.…

Mt. Gox trustee granted another delay for distribution plan for victims

September 28, 2017 BY Mariela Naydenova

North Korean Hackers Failed Attempt To Steal Bitcoin

Korea JoongAng Daily, a North Korean news publication, announced that North Korean hackers tried, but failed to steal Bitcoin from several domestic exchanges. According to the North Korean magazine, the hackers used "spear-phishing", which basically means that the criminals sent what looked like "innocuous" emails that actually contained malicious software that harmed the host's computer.…

September 27, 2017 BY Mariela Naydenova

The Founder of Ethereum, Vitalik Buterin, On ICOs and Issues with Cryptocurrency

The 23-year old co-founder of Ethereum, Vitalik Buterin, gave an interview to two of the largest news reporting companies in South Korea, JoongAng Daily and JoongAng Ilbo, expressing his thoughts on the future of Ethereum, ICOs and the cryptocurrency merits, as reported by Cointelegraph. Vitalik spoke about the issues that Ethereum is currently facing with scaling.…