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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acquisition
July 18, 2017 BY Valentina Kirilova

BGC Partners to acquire 100% of Berkeley Point Financial LLC

BGC Partners, Inc. (NASDAQ: BGCP), a global brokerage company servicing the financial and real estate markets, today announced that it has agreed to acquire Berkeley Point Financial LLC. Berkeley Point is a commercial real estate finance company focused on the origination and sale of multifamily and other commercial real estate loans through government-sponsored and government-funded…

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July 18, 2017 BY Valentina Kirilova

Boerse Stuttgart introduces instant trading for bonds

Due to the ongoing low interest-rate policy and changes to regulatory and technological framework conditions, the bond market is characterised by decreasing liquidity and increasing fragmentation. This adds complexity to the price discovery and hence price and trading quality. Nevertheless, debt instrument investors expect attractive and tradable prices – without restrictions of the product universe…

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July 18, 2017 BY Valentina Kirilova

WFE releases joint report with Milken Institute on SME exchanges

The World Federation of Exchanges (WFE), which represents more than 200 market infrastructure providers including exchanges and CCPs, today jointly published a report with the Milken Institute on Small and Medium-sized Enterprises (SMEs) and SME exchanges. The report consolidates results from initial independent research from the WFE and the Milken Institute published earlier this year.…

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July 18, 2017 BY Valentina Kirilova

CySEC and FSRA of Abu Dhabi Global Market sign MoU

The Cyprus Securities and Exchange Commission (CySEC) announced that has recently signed a bilateral Memorandum of Understanding and Cooperation (MoU) with the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi. The MoU was signed by Mr Richard Teng, Chief Executive Officer of the FSRA of…

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clone firm FCA warning
July 18, 2017 BY Valentina Kirilova

FCA warns against Stenham Investment Funds plc clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Stenham Investment Funds plc. 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…

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