Belize FX regulation
August 30, 2017 BY LeapRate Staff

Belize IFSC issues warnings regarding FX brokers Binary/Forex trade and GNTFX

Belize financial regulator IFSC has issued a number of Warning Notices regarding several Retail Forex and Binary Options brokers. The IFSC noted that an entity calling itself ‘Binary/Forex Trade’ affiliated with ‘James Emiliev’ with address, Front Street, Spring City, Nashville Tennessee is falsely and fraudulently representing to hold an Expert Advisor / Consultancy / Advisory Services for…

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australia apac
August 30, 2017 BY LeapRate Staff

IG, Plus500 and Pepperstone noted in 2017 Australia CFD market report

Research outfit Investment Trends has issued its 2017 CFD Report for its home market of Australia, noting some changes in market share among the leading brokers serving Australian retail traders. According to the Investment Trends report, UK online trading leader IG Group Holdings plc (LON:IGG) remains the dominant leader down under as well, with 35% of…

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GWFX Global website
August 29, 2017 BY LeapRate Staff

Exclusive: China controlled FX broker GWFX hires Simon Henry from LCG for compliance after FCA rejects Greg Nathan

LeapRate Exclusive... LeapRate has learned via regulatory filings that FCA regulated Goldenway Global Investments (UK) Limited, which operates the GWFX Global retail FX and CFD brokerage brand (at gwfxglobal.com), has added Simon Henry as its new Compliance Officer. Simon Henry was hired by GWFX from London Capital Group Holdings plc (LON:LCG), where he was Head of Compliance for the…

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Mark Cuban ethereum blockchain
August 29, 2017 BY LeapRate Staff

Mark Cuban gets into Ethereum blockchain game with Mercury Protocol communications platform

Serial entrepreneur and Dallas Mavericks owner Mark Cuban, long a Bitcoin skeptic, has increased some of his cryptocurrency and technology investments recently. Cuban's latest backed venture, Mercury Protocol, has just released a white paper detailing how it plans to use Ethereum blockchain technology to disrupt the global communications industry. According to Mercury, modern communication is…

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Union Bank of the Philippines adopts Refinitiv's Electronic Trading
August 28, 2017 BY LeapRate Staff

Quantum Computing and Financial Trading

The following article was written by Adinah Brown, content manager at Leverate. If you have not heard of quantum computing, you are not alone. To date, most of the work of quantum computing has been taking place in universities, where super smart tech geeks work with never-before-seen technology to change the world using algorithms that most…

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Belize FX regulation
August 28, 2017 BY LeapRate Staff

Belize IFSC issues warning notice regarding OneLife Network

Belize financial regulator IFSC has issued a Warning Notice regarding a company called OneLife Network Limited. OneLife is a marketing company  purporting to operate from Belize. On its website it shows links to "Affiliated Sites" including cryptocurrency OneCoin, as well as to OneWorld Foundation, OneAcademy, and OneLife events. The full text of the IFSC warning reads as follows:…

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forex industry news update
August 27, 2017 BY LeapRate Staff

FX Industry Week Review: Playtech buys Alpha, China broker expands UK, Binary Options funds recovery, and lots more…

We normally list the week's key executive moves at the bottom of our weekly FX Industry News summary. However this week saw an extraordinary number of hires and departures involving CFH Systems, AxiTrader, Pepperstone, ADS Securities, CMC Markets Plc (LON:CMCX) - with all these moves being exclusively reported at LeapRate. (What was everyone else writing…

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