Singapore is undoubtedly one of the most popular and thriving melting pots today in the world for fintech and finance. The cryptocurrency boom does not make an exception. Today, the price level of Ripple jumped with 11%, as reported by MoneyMorning, when a new Ripple office was opened in Singapore. In addition, news that Japan…
Read more
LeapRate Exclusive... LeapRate has learned from sources in Israel that Adv. Nizar Alemi has been arrested for tax evasion, involving foreign Forex brokerage companies and bank accounts which he declined to report to local tax authorities. Mr. Alemi was the owner of IBCFX, which for a number of years was a popular Retail FX brand…
Read moreLondon Stock Exchange announced that today welcomes Franklin Templeton Investments as the latest ETF issuer on its market. The four smart beta ETFs, listed in London earlier this month, are the first Franklin Templeton has issued in Europe. To celebrate the launch Greg Johnson, CEO of Franklin Templeton Investments opened trading in London this morning…
Read more
Securities Commission Malaysia (SC) recently sued seven individuals at the Kuala Lumpur High Court for the manipulation of shares in APL Industries Bhd (APLI) and is seeking court orders for disgorgement and civil penalty of up to RM7 million and barring the defendants from the capital market. The SC alleged that Ng Wai Hong, a…
Read more
Hong Kong Exchanges and Clearing Limited (HKEX) announced that has plans to introduce cash-settled TSI Iron Ore Fines 62 per cent Fe CFR China Futures (Iron Ore Futures), with rollout tentatively set for November of this year, subject to market readiness. HKEX's Iron Ore Futures contract will be its first ferrous metal product and will…
Read more
CQG, a global provider of high-performance trade routing, market data, and technical analysis tools, announced today a new release of its latest functionality enhancements. This also marks the beginning of a new quarterly release schedule, in addition to CQG’s annual upgrade. CQG’s Chief Technology Officer John Arvanites said: CQG is continually improving our product suite…
Read more
Vietcombank announced today it has selected Thomson Reuters (NYSE:TRI) Electronic Trading (ET) to power its business in Vietnam and strengthen its presence in both the local and international foreign exchange markets. Foreign exchange trading has significantly increased in Asia, with 21% growth since 2013 - South East Asia in particular is a large part of…
Read more
Aggregation and connectivity solutions provider PrimeXM and trading systems integrator Tickstarter have announced that they will be forming a partnership to promote institutional connectivity for prime brokerages and hedge funds. The new partnership reflects PrimeXM’s vision for growth and will further enhance the company’s commitment to strategic expansion. Cristian Vlasceanu, PrimeXM CEO commented: We are…
Read more
Brokers offering cryptocurrency can boost trading by offering Tradency advanced automatic trading and Robo-advisory platforms Tradency, a financial technology provider, today announced the support of cryptocurrencies by its auto trade-by- knowledge platform, the Mirror Trader and its active robo-advisor the RoboX. Both platforms now support trading of cryptocurrencies pairs and offer especially designed cryptocurrency trading…
Read more
Hotspot, a CBOE Holdings, Inc. (NASDAQ:CBOE) company and a platform for institutional foreign exchange (FX) trading globally, has announced it has aligned its activities across its global business with the principles of the FX Global Code (“the Code”), issuing a Statement of Commitment today. Following a comprehensive internal review, Hotspot’s business practices, procedures, compliance…
Read more