ICOs and Token Sales are securities, but SEC won’t bring charges against DAO Tokens LeapRate

July 26, 2017 BY LeapRate Staff

ICOs and Token Sales are securities, but SEC won't bring charges against DAO Tokens

The U.S. Securities and Exchange Commission today announced that it has issued an investigative report cautioning market participants that offers and sales of digital assets by "virtual" organizations are subject to the requirements of the federal securities laws. Such offers and sales, conducted by organizations using distributed ledger or blockchain technology, have been referred to, among other…

July 25, 2017 BY Valentina Kirilova

Robert Ophèle is the new chairmain of the AMF

Robert Ophèle was appointed Chairman of the Autorité des Marchés Financiers (AMF) by Decree of the French President form the 1st of August 2017. He will replace Gérard Rameix whose term will expire on the 31st of July. Robert Ophèle (60), graduated from the ESSEC business school, joined the Banque de France in 1981 and…

July 25, 2017 BY Valentina Kirilova

FCA warns against Asashi Mergers and Acquisitions Group

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Asashi Mergers and Acquisitions Group. Asashi Mergers and Acquisitions Group is not authorised by the FCA but has been targeting people in the UK and is…

July 25, 2017 BY Valentina Kirilova

Eurasian Development Bank gains access to MOEX Derivatives Market

Eurasian Development Bank is the first ever international financial institution to receive admission to MOEX Derivatives Market as a member firm, Moscow Exchange announced earlier today. Since 14 July 2017 Moscow Exchange has allowed international financial institutions to trade FX and interest rate derivatives on MOEX Derivatives Market's money section on the same on terms…

July 25, 2017 BY Valentina Kirilova

Quantitative Brokers partners with TS for premium execution algo

Quantitative Brokers (QB), an independent, global financial technology company providing advanced, dealer-neutral agency algorithms in Futures and US Cash Treasury markets just announced that has partnered with TS (formerly TradingScreen), an industry provider of electronic trading solutions, to integrate QB’s premium multi-leg spread trading algorithm Legger on TS’s TradeSmart platform. Legger is a part of…

July 25, 2017 BY Valentina Kirilova

Monex Inc. releases quarterly financial results, operating revenue down with 3%

Monex Group, Inc. (TSE 8698, Oki Matsumoto, Representative Executive Officer and CEO) today reported the following quarterly financial results of its wholly-owned subsidiary Monex Inc., for the first quarter of the fiscal year ending March 31, 2018 prepared in accordance with the generally accepted accounting principles in Japan. Operating revenue for the first quarter ended…

July 25, 2017 BY Valentina Kirilova

FCA to consult on new rules for current account providers

The Financial Conduct Authority (FCA) has today launched proposals to help customers make effective comparisons of the service levels available for personal current accounts and business current accounts. The FCA proposes to require firms who offer personal current accounts and business current accounts to publish service information about: how long it takes to open an…

July 25, 2017 BY Valentina Kirilova

FCA warns against Zurich Capital firm

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Zurich Capital. Zurich Capital is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…

July 25, 2017 BY Valentina Kirilova

CySEC announces renouncement of CIF licence of New Vault Ltd

The Cyprus Securities and Exchange Commission (CySEC) has announced that, on 5th June 2017, the CIF New Vault Ltd, renounced its authorisation pursuant to section 24(1)(b) of the Investment Services and Activities and Regulated Markets Law of 2007, as in force (the ‘Law’). Therefore, the CIF authorisation with Νumber 304/16 lapsed as from the abovementioned…

July 25, 2017 BY Valentina Kirilova

Thomson Reuters strengthens buy-side trading workflow offering

Thomson Reuters (NYSE:TRI) announced that has completed a key milestone in its commitment to provide a powerful and integrated buy-side trading workflow solution by delivering interoperability between its financial markets desktop Eikon and REDI execution management system. The milestone follows Thomson Reuters acquisition of REDI in January this year and the recent expansion of the…