DFSA
August 21, 2017 BY Valentina Kirilova

Banca IMI Securities to pay $35 million for improper handling of ADRs

The Securities and Exchange Commission (SEC) announced that broker Banca IMI Securities Corp. (BISC), an indirect, wholly-owned U.S. subsidiary of Italian bank Intesa Sanpaolo SpA, has agreed to pay more than $35 million to settle charges that it violated federal securities laws when it requested the issuance of and received American Depositary Receipts (ADRs) without…

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August 21, 2017 BY Valentina Kirilova

Hotspot expands sales team with Mike Cahill’s appointment

Forex ECN Hotspot FX, a CBOE Holdings, Inc. (NASDAQ:CBOE) company, announced Mike Cahill’s appointment to the firm’s London-based sales team. Mr. Cahill, who was previously responsible for relationship management within KCG’s FX market-making business, joins Hotspot as a Director, FX Sales, and will be responsible for covering European systematic trading and asset management firms. Based…

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UFX weekly fx market review
August 20, 2017 BY LeapRate Staff

UFX.com Weekly Trading Review – Sunday, August 20, 2017

The following article was written by Tony Chrystopher, Financial Analyst at UFX.com’s Trading Support Center. Your Weekly Trading Review by UFX.com – Sunday, August 20, 2017 Here are some of the major financial events of the past week and how they affected the global currency and commodity markets. EUR/USD rose by 0.32%, closing at $1.1761. The GBP/USD…

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August 20, 2017 BY LeapRate Staff

Unravelling the Conundrum of the UK Economy

The following article was written by Luis Aureliano, a business writer and financial analyst. With over 15 years of experience in global finance and an MBA in economics and management, Luis’s areas of expertise include business, marketing, communications, personal finance, macro economics, stocks and emerging markets. In July, the Office for National Statistics (ONS) reported…

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forex industry news update
August 20, 2017 BY LeapRate Staff

FX Industry Week Review: Israel Binary Options law delay, Forex.com fundraising, and lots more…

While the online trading industry was taking somewhat of an end-of-summer breather with less press releases, deals, executive hires and the like, there was still plenty of Forex Industry News to report. How is internal party politics delaying Israel's new Binary Options ban legislation from being actually implemented? Why is Forex.com parent Gain Capital Holdings Inc…

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August 18, 2017 BY Valentina Kirilova

HSBC selects Capita as it targets further broker channel growth

HSBC (NYSE:HSBC) announced that has has selected Capita’s Omiga mortgage software, as the bank seeks to further grow its broker distribution channel for mortgages. Capita’s software will provide a single platform which drives greater automation, making it easier for brokers to transact with lenders, upload documents, and track details of mortgage applications and decisions. The…

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August 18, 2017 BY Valentina Kirilova

IC Markets adds cryptocurrency trading with Bitcoin CFDs

ASIC regulated Retail Forex broker IC Markets announced today that has added Bitcoin (BTCUSD) to its growing product offering. The addition of Bitcoin, 2017’s best performing asset with a price increase exceeding 350%, comes after burgeoning client demand as the Cryptocurrency soars to record highs. The IC Markets Bitcoin product is traded as a CFD,…

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warning
August 18, 2017 BY Valentina Kirilova

Belgium regulator FSMA warns against Bellmore Group

The Financial Services and Markets Authority (FSMA) issued another warning today against the activities of Bellmore Group, a company that offers investment services. Bellmore Group is not an authorized investment firm in Belgium. It is therefore not allowed to provide investment services in or from Belgium. Moreover, according to the information available to the FSMA,…

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August 18, 2017 BY Valentina Kirilova

KeyBank partners with Billtrust for automated accounts receivable solution

KeyBank (NYSE: KEY) announced today its strategic partnership with an equity investment in Billtrust, a pioneer of payment cycle management solutions. This collaboration, along with the launch of KeyTotal AR, marks the most recent in a series of partnerships with emerging fintech providers, affirming Key’s commitment to bringing innovative solutions to market. Terms of the…

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