June 15, 2017 BY Valentina Kirilova

Switzerland is getting a new finance museum

On 28 June 2017, the new Swiss Finance Museum will open its doors at Pfingstweidstrasse 110 The first of its kind in Switzerland, it combines historical exhibits with state-of-the-art multimedia installations. The museum is located in the new global head office of SIX, the operator of Swiss financial infrastructure. The completely redesigned exhibition introduces visitors…

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fca warning
June 15, 2017 BY Valentina Kirilova

FCA warns against UK TV Care Limited 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 UK TV Care Limited. UK TV Care Limited is not authorised by the FCA but has been targeting people in the UK and is also carrying…

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June 15, 2017 BY Valentina Kirilova

Trax and Bats Europe connect for MIFID II equities trade reporting

Trax, a subsidiary of MarketAxess Holdings, Inc. (NASDAQ:MKTX) and a provider of regulatory reporting, trade matching and capital market data services, and Bats Europe, a CBOE Holdings, Inc. (NASDAQ:CBOE) company, today announced plans to offer Trax Approved Publication Arrangement (APA) customers the choice to direct equity trade reports to the Bats APA in order to…

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FCA regulatory sandbox FinTech WFE
June 15, 2017 BY Valentina Kirilova

FX providers advancing to Cohort 2 of the FCA’s Regulatory Sandbox include Assure Hedge, OKLink, ZipZap

The Financial Conduct Authority (FCA) today provided an update on its regulatory sandbox and unveiled the list of firms that were successful in their applications to begin testing in the second cohort of the sandbox. The regulatory sandbox allows businesses to test innovative products, services, business models and delivery mechanisms in a live environment while…

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June 15, 2017 BY Valentina Kirilova

Singapore commodity exchange trials blockchain verification for diamond trading

Singapore Diamond Investment Exchange (SDiX), the commodity exchange in physically settled diamonds, today announced that it has successfully partnered with Kynetix, the physical commodity digitisation expert, and Everledger, supplier of blockchain and distributed ledger infrastructure, to complete the first part of a Proof-Of-Concept of a blockchain-based authentication and secure record-keeping service for trading diamonds on…

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clone firm FCA warning
June 15, 2017 BY Valentina Kirilova

FCA warns against London Private Finance Ltd clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm London Private Finance Ltd. 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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transparent forex broker
June 15, 2017 BY LeapRate Staff

Saxo Bank releases Enhanced Disclosures of incentives, stability, FX leverage and performance

Copenhagen based multi-asset broker Saxo Bank has released a fairly interesting document called Enhanced Disclosures, which provides insight into Broker Incentive, Broker stability, Client Leverage and Performance. Saxo Bank released the document as part of the company signing up formally to the FX Global Code of Conduct. Some of the interesting insights from Saxo Bank's disclosure document…

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June 15, 2017 BY LeapRate Staff

Fed decision left the hawks unfulfilled

The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). The Federal Reserve (Fed) raised the interest rates by 25 basis points as widely priced in by the US and the global markets. The FOMC hinted at another rate hike before the end of…

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