LeapRate Exclusive Interview... Virtually (no pun intended) every day we have been seeing some forex broker or another announce something to the effect of "Now you can trade Bitcoin / Ethereum / Dash / Ripple with us". Not exactly news any more, but it certainly highlights the increasing interest both retail brokers and traders have…
Read more
New research from Edgar, Dunn & Company, commissioned by SafeCharge (LON:SCH) the payments services partner, has revealed the challenges inhibiting the growth of marketplaces and is calling for fintech innovation to address them. The report ‘Marketplaces Best Practices for a Successful Payments Strategy’ also identifies solutions to address the specific needs of the marketplace business…
Read more
The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). June has been full of surprises for currency traders as some of the leading central banks displayed a significant shift in their policy or rhetoric that could be a game changer for the rest…
Read more
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 Caledonian Equity Group. Caledonian Equity Group is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
Read more
KCG Holdings, Inc. (NYSE: KCG) today announced that it will redeem all of its outstanding 6.875% Senior Secured Notes Due 2020 (ISIN No. US48244BAC46) (the "Notes") on the business day immediately following the effective date of the Agreement and Plan of Merger, by and among Virtu Financial, Inc. (NASDAQ:VIRT), Orchestra Merger Sub, Inc. and the…
Read more
FCA regulated Forex and CFD broker Plus500 Ltd (LON:PLUS) has indicated that in accordance with the terms of its Share Buyback Programme announced on 2 June 2017, the Company acquired 11,858 ordinary shares of ILS 0.01 each in the capital of the Company (Shares) on 21 June 2017 at a price of 544.33 pence per…
Read more
The Securities and Exchange Commission (SEC) announced that Kelly L. Gibson has been named the Associate Regional Director for Enforcement in the SEC’s Philadelphia Office. Ms. Gibson succeeds G. Jeffrey Boujoukos, who became Regional Director of the SEC’s Philadelphia office in January. Ms. Gibson joined the SEC as a staff attorney in the Enforcement Division…
Read more
ASIC today released its sixth annual report into the supervision of registered liquidators. Report 532 ASIC regulation of registered liquidators: January to December 2016 details the supervisory, enforcement, stakeholder liaison, policy and educative work ASIC undertook in its commitment to continue improving regulation of the insolvency and restructuring sector. ASIC Commissioner John Price said: We…
Read more
LeapRate has learned that the new legislation to ban the operation of binary options brokerages in Israel will (finally) make it to Israel's parliament, the Knesset, for a formal first reading next Monday, June 26. Israel's parliament requires three readings of a bill before it can become law, with a formal Knesset vote usually taking…
Read more
LeapRate has learned that longtime Saxo Bank executive Emmanouil Lemonakis has left the company to join corporate payment systems provider iBanFirst. Mr. Lemonakis had been with Saxo Bank for more than 10 years. Since 2014 he was based in Cyprus and was responsible for Saxo Bank's operations in the Central Europe and MENA regions, focused on private…
Read more