July 19, 2017 BY admin

CME announces 1st cleared Korean Won & Indian Rupee interest rate swaps

CME Group, the global derivatives exchange, and marketplace, today announced it has cleared two new swap currencies: the Indian Rupee (INR) Overnight Index Swaps (OIS) and Korean Won (KRW) Interest Rate Swaps (IRS). With these two new additional currencies, CME Group now offers 21 clearable OTC IRS currencies. Sean Tully, Senior Managing Director of Financial…

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Tickmill Group trading volumes
July 19, 2017 BY Valentina Kirilova

Tickmill expands its products offering 4 new CFDs on bonds

UK FCA regulated global provider of FX and CFD brokerage services Tickmill has just announced the addition of a new asset class to its product offering. Tickmill is now providing clients with the option to trade 4 new CFDs on German Government Bonds. Tickmill is expanding its services, offering: German premium EURO-BOBL, EURO-BUND, EURO-BUXL and…

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binary options scam citrade
July 19, 2017 BY LeapRate Staff

Citrades and AutoTradingBinary owner Jason Scharf charged in $16 million Binary Options fraud

Continuing its work against investment schemes targeting retail traders in the US and around the world, US regulator CFTC has charged California resident Jason B. Scharf, his worldwide web of companies, and Florida-based affiliate marketers Michael Shah and Zilmil, Inc. with running a $16 million Binary Options fraud scheme. The CFTC has announced that a federal…

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asic bans
July 19, 2017 BY Valentina Kirilova

ASIC bans former Magnitude Group adviser

The Australian Securities and Investment Commission (ASIC) has banned Perth financial adviser Jason Sean Atkins from providing financial services for a period of three years. ASIC found that Mr Atkins provided advice to clients to establish a self–managed superannuation fund (SMSF) and use limited recourse borrowing arrangements to fund the purchase of real property that…

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Bank of China (UK) Limited joins LCH’s SwapClear
July 19, 2017 BY Valentina Kirilova

LCH’s CDSClear launches CDX high-yield clearing

LCH, a global clearing house, announced that has extended its CDSClear service to offer clearing for the CDX North American High Yield index. This latest addition to LCH’s credit derivatives clearing service follows the launch of clearing for the CDX North American Investment Grade index at LCH in 2016. LCH is the first European CCP…

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Securities and Exchange Commission proposes Transaction Fee Pilot for NMS Stocks
July 19, 2017 BY Valentina Kirilova

SEC announces Christopher Hetner as Senior Advisor to the Chairman for Cybersecurity Policy

The Securities and Exchange Commission (SEC) has announced that Christopher R. Hetner will continue to serve as Senior Advisor to Chairman Jay Clayton for Cybersecurity Policy, having previously served in this role under Chair Mary Jo White and Acting Chairman Michael Piwowar. Mr. Hetner will continue to coordinate efforts across the agency to address cybersecurity…

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capital.com mobile cfd trading app
July 19, 2017 BY LeapRate Staff

Exclusive: Capital.com raises $25 million, pays $1.5 million for URL, launches trading app

LeapRate Exclusive... Following our earlier exclusive reports that mobile trading focused online CFDs broker Capital Com SV Investments Limited had received a CIF license from CySEC back in April, and that the Capital.com website had gone live in June alongside the company's trading apps (in beta mode), we have now learned that Capital.com has raised a staggering…

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IG Group office
July 19, 2017 BY LeapRate Staff

IG shares soar 16% after reporting stellar Q4 results

Shares of UK online brokerage leader IG Group Holdings plc (LON:IGG) traded up by 16.4% Tuesday, after the company reported robust financial results for Q4-2017, the second half of Fiscal 2017, and full year 2017. IG has a May 31 fiscal year end. IG shares, now at £6.46 per share, are at the highest level they have…

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TradAir SNAP Innovations Singapore FX
July 19, 2017 BY LeapRate Staff

TradAir and SNAP Innovations of Singapore to jointly develop FX solutions for Asian markets

eFX trading technology solutions provider TradAir has announced that it is partnering with Singapore based financial trading technology firm SNAP Innovations to jointly develop innovative FX solutions, initially for Asian market participants. The joint venture between TradAir and Snap Innovations has been made possible through funding provided by the Singapore Israel Industrial R&D Foundation (SIIRD),…

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BCSC warning
July 18, 2017 BY LeapRate Staff

Chinese online FX and CFDs broker Omega Mutual gets warning from Canadian regulator BCSC

Continuing its string of warnings against unregulated brokers and other scams targeting retail traders in Canada, Canadian securities regulator the British Columbia Securities Commission (BCSC) has added to its Investment Caution List unregulated Chinese online broker Omega Mutual Group, operating from website omegamutualgroup.com. According to the BCSC, Omega Mutual Group claims to be based in…

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