Azerbaijan adopts Bloomberg auction platform for FX LeapRate

July 06, 2017 BY Valentina Kirilova

Azerbaijan adopts Bloomberg auction platform for FX

The Central Bank of Azerbaijan announced that has chosen to conduct its auctions for foreign exchange (FX) instruments and deposits through Bloomberg’s auction platform, officials announced today. Designed to help central banks and finance ministries manage primary market operations, the platform has been recently extended to include FX instruments (spot and outright) and deposits, in…

ESMA ceases renewal of product intervention CFDs measures

July 06, 2017 BY Valentina Kirilova

ESMA updates Market Abuse Regulation Q&A

The European Securities and Markets Authority (ESMA) announced that has updated today its Questions & Answers (Q&A) document regarding the implementation of the Market Abuse Regulation (MAR). The purpose of this Q&A document is to promote common supervisory approaches and practices in the application of the MAR and its implementing measures. Today’s Q&As include a…

July 06, 2017 BY Valentina Kirilova

FCA warns against Stamford Wealth clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Stamford Wealth. 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 tactics to…

July 06, 2017 BY Valentina Kirilova

AAT affirms ASIC ban of former AMP financial planner

The Administrative Appeals Tribunal (AAT) announced that has affirmed ASIC’s decision to permanently ban Mr Rommel Panganiban from providing financial services. ASIC banned Mr Rommel Panganiban, of Bella Vista, New South Wales, from providing financial services after an ASIC surveillance found that he failed to act in his clients' best interests or have a reasonable…

July 06, 2017 BY Valentina Kirilova

NEX Group: NEX SEF Limited went live on 3 July

NEX Group PLC (LON:NXG) announced that its Swap Execution Facility (SEF), NEX SEF Limited, went live on 3 July 2017. NEX SEF received approval from the Commodity Futures Trading Commission (CFTC) in April 2017 and is also authorised and regulated with the Financial Conduct Authority (FCA). Registration with the CFTC and the FCA will allow…

July 06, 2017 BY Valentina Kirilova

B2Broker launches cryptocurrency liquidity for MetaTrader 5

B2Broker just announced the launch of cryptocurrency liquidity, a new service for MetaTrader 5 brokers. This service provides institutional clients a convenient method for trading Bitcoin, Ethereum and four other popular digital assets. The cryptocurrency liquidity service features two major benefits for MetaTrader 5 brokers: Brokers will be able to stand out in a crowd…

July 06, 2017 BY Valentina Kirilova

FCA warns against Panda Payday Loans 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 Panda Payday Loans. Panda Payday Loans is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

July 06, 2017 BY Valentina Kirilova

Thomson Reuters launches Startup Incubator

Thomson Reuters (NYSE:TRI) announced the launch of Thomson Reuters Labs™ – The Incubator. Located in Switzerland, the Incubator will host early-stage entrepreneurs building next-generation products in big data, advanced analytics, distributed ledgers, artificial intelligence, machine learning and other transformational technologies. As part of the official program, startups will receive access to Thomson Reuters data and…

July 06, 2017 BY Valentina Kirilova

ASIC warns investors not to engage with Skyllex

ASIC has warned the public not to use a website which promotes financial investments offered by 'Skyllex', a company incorporated in Australia. ASIC is concerned that Skyllex’s website https://skyllex.com contains false, misleading or deceptive statements in relation to financial services. The website states that 'Our activity is totally legal and regulated by the Australian Securities…

July 05, 2017 BY LeapRate Staff

Devexperts and Velox Pro launch Nasdaq TotalView visualization tool, Bookmap

Munich, Germany based Devexperts GmbH, which developes retail and institutional trading platforms and provides cloud based financial data infrastructures, has announced that it has joined with Velox Pro, experts in market depth visualization, to launch Bookmap for Devexperts. Bookmap is a visualization tool based on real-time Nasdaq TotalView and Nasdaq Last Sale data that gives…