Chinese online broker Everbright Photon chooses Horizon platform for commodities options LeapRate

June 26, 2017 BY Valentina Kirilova

Chinese online broker Everbright Photon chooses Horizon platform for commodities options

Everbright Photon, a subsidiary of the Chinese futures house (EverBright Futures) and part of a Fortune 500 Chinese financial business, announced that has chosen the Horizon Software as its core trading technology for the new commodity options markets, which went live in China in March (DCE) and April (ZCE) this year. Immediately after the 2016 China International…

June 26, 2017 BY Valentina Kirilova

Avelacom launches low latency access to market data from Saudi Stock Market Tadawul

Avelacom, a global provider of infrastructure and connectivity solutions for trading, announced its network expansion to Riyadh with the aim to allow global capital markets access low-latency, real-time market data feeds across various asset classes of Saudi Stock Market (Tadawul). This market data solution is designed in response to a high demand from the global…

June 26, 2017 BY LeapRate Staff

Social payments provider PayKey raises $6 million Series B funding led by Israel-China VC MizMaa

Payments technology provider PayKey has announced that the company has raised $6 million of a planned $10 million Series B financing round. The round was led by Israel-China venture capital fund MizMaa. PayKey's technology and solution allows for in-app payments, without requiring the user to leave the app they're using in order to facilitate the…

June 26, 2017 BY Valentina Kirilova

ASIC permanently bans former AMP Financial Planning adviser from financial services

ASIC announced that has permanently banned Perth man, David Fong, from providing financial services and engaging in credit activities after it was found that he acted dishonestly in the course of providing financial services and failed to comply with the 'best interests' duty. Mr Fong was an authorised representative of AMP Financial Planning Pty Ltd…

June 26, 2017 BY LeapRate Staff

Exclusive: Goldman Sachs selling its stake in FX broker CMC Markets after recent share runup

LeapRate Exclusive... LeapRate has learned via regulatory filings that global investment bank Goldman Sachs Group Inc (NYSE:GS) has been steadily selling down its stake in UK based online FX and spread betting broker CMC Markets Plc (LON:CMCX) over the past few weeks. Goldman Sachs has been a long term investor in CMC Markets, and in fact was…

June 26, 2017 BY Valentina Kirilova

CBOE Holdings plans listing of Altice USA (ATUS) Options

CBOE Holdings, Inc. (NASDAQ: CBOE) announced it plans to list options on Altice USA, Inc. (ATUS), a U.S. cable provider. CBOE Holdings anticipates trading in options on Altice USA will begin on Friday, June 30, once the underlying stock has been certified as meeting all of CBOE Holdings' applicable exchanges' listing criteria. The company plans…

June 26, 2017 BY Valentina Kirilova

Paysafe launches cross-border payments strategies to drive business growth

Payments services company Paysafe Group Plc (LON:PAYS) has today released a whitepaper, titled Five Proven Strategies to Achieve Cross-Border E-commerce Growth, which reveals how companies can use cross-border payments to gain competitive advantage in the booming international e-commerce market. International sales are becoming a growing part of every organisation’s revenue, particularly for e-commerce businesses. This…

June 26, 2017 BY LeapRate Staff

William Hill shutting its online operations in Israel, laying off more than 200

LeapRate Exclusive... LeapRate has learned from sources in Israel that online gaming giant William Hill plc (LON:WMH) will be shutting its operation in Israel. More than 200 of the company's approximately 250 Tel Aviv based employees will be laid off, and the company's offices at the Azrieli Towers (pictured above) will be vacated. A small number…

June 25, 2017 BY LeapRate Staff

Forex Industry Week Review: Binary Options broker leaves Cyprus, problems for Japan FX firms in the UK, and lots more…

Forex Industry News at LeapRate this past week was very much a microcosm of what's going on both very publicly, as well as behind the scenes in the sector, over the past few months. Binary options brokers scrambling amid new laws and regulations; foreign FX brokers trying but not always succeeding to get a foothold…

Dukascopy adds new CFD bonds and indices for trading on LIVE

June 23, 2017 BY LeapRate Staff

Dukascopy goes live with Touch Binary Options

After a trial on Demo environment which we reported began last month, Swiss based retail forex broker Dukascopy has announced that its new type of binary options - Touch Binaries - has been released on Live and is now available to binary options trading account holders in Dukascopy Bank and Dukascopy Europe. Trading conditions and…