gain capital uk
September 20, 2017 BY LeapRate Staff

Exclusive: GAIN Capital UK reports 39% increase in Revenue in 2016 following City Index acquisition

LeapRate Exclusive... LeapRate has learned via regulatory filings that GAIN Capital UK Limited, the FCA regulated subsidiary of global FX broker Gain Capital Holdings Inc (NYSE:GCAP), saw a significant pickup in both Revenues and Profits in 2016. Fiscal year 2016 represented the first full year in which the results of City Index were included in GAIN…

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hkex
September 20, 2017 BY Mariela Naydenova

Hong Kong - The Emerging Winner of China's Bitcoin Ban?

When China announced that all its domestic exchanges will stop trading Bitcoin from September 30th this year, the digital cryptocurrency markets have seen a huge dip in prices: Bitcoin alone was down with 40%, Ethereum with 10% and overall, last week was a "bearish" one for the "people's currencies". Just before the ban, the Initial…

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September 19, 2017 BY LeapRate Staff

Wall Street Blockchain Alliance adds BlockEx and RiskSpan as Corporate Members

The Wall Street Blockchain Alliance (WSBA), an industry non-profit trade association, has announced that BlockEx and RiskSpan have joined the organization as its newest corporate members. BlockEx Ltd. is a digital asset platform created to handle the entire lifecycle of a digital asset, enabling the creation, issuance, servicing and exchange of financial assets created using blockchain.…

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clone firm FCA warning
September 19, 2017 BY Valentina Kirilova

FCA warns against Rathbone Brothers clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Rathbone Brothers. 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 to…

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SGX announces trading volumes
September 19, 2017 BY Valentina Kirilova

SGX Index Edge launches SGX Iron Ore Futures Indices

Singapore Exchange (SGX) announced the launch of SGX Iron Ore Futures Indices, a suite of inverse and leveraged indices calculated off the SGX TSI Iron Ore CFR China (62% Fe Fines) Index Futures. This is the first series of SGX commodity-based indices to be used as benchmark for tradable products and they will be licensed…

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bitcoin perception
September 19, 2017 BY Mariela Naydenova

Bitcoin’s Biggest Weakness? Not Regulations, But Perception

According to The Street, around 78.6% of Americans have heard about bitcoin, and what it is. However, some 11% believe that bitcoin is actually illegal and around 48% of surveyed people do not know if the cryptocurrency is illegal or not. The survey was conducted of 1,000 people. One reason this perception dominates the public’s…

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CLS launches same-day FX settlement service, J.P. Morgan and Goldman Sachs to try it first
September 19, 2017 BY LeapRate Staff

CLS launches new FX settlement and trade monitoring and reporting tools

CLS Group, which provides risk mitigation and operational services for the global foreign exchange market, today announced its intent to launch a broader portfolio of products and services focusing on three business lines – settlement, processing, and data. These new products form part of a strategic shift for CLS, and build on its unique position…

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Marco Baggioli ADS Securities
September 19, 2017 BY LeapRate Staff

Marco Baggioli resigns from ADS Securities, company to name new COO

LeapRate has learned that Marco Baggioli has resigned his position as Group COO of global investment house ADS Securities. Mr. Baggioli resigned his position 10 days ago and is currently on garden leave. The company is planning on naming a replacement shortly. The move comes after Mr. Baggioli had helped orchestrate a large changeover in…

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