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

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…

June 23, 2017 BY Valentina Kirilova

Blockchain announces Series B with Lakestar and GV

Blockchain announced today that it has raised a Series B of $40 million with Lakestar and GV (formerly Google Ventures) with additional participation from Nokota Management and Digital Currency Group. Blockchain's existing investors – Lightspeed Venture Partners, Mosaic Ventures, Prudence Holdings, Virgin, and Sir Richard Branson (Virgin Group) – also participated in the round. Blockchain's…

Huobi DM adds EOS to its cryptocurrency contract trading platform

June 23, 2017 BY Valentina Kirilova

EOS blockchain operating system unveils year-long token distribution

EOS, the blockchain operating system designed to support commercial decentralized applications, today announced further details for its digital token distribution to open on Monday, June 26. EOS's token distribution follows a groundbreaking participation model that will take place over the course of one year creating the fairest token distribution project launched on Ethereum to date.…

June 23, 2017 BY Valentina Kirilova

SFC clarifies competence requirements for licensees seeking to enter asset management business

The Hong Kong Securities and Futures Commission (SFC) today issued a circular to clarify certain competence requirements for existing licensed persons seeking to be licensed for Type 9 regulated activity (asset management) and to provide further guidance on how the SFC assesses the competence of a corporation or a responsible officer (RO) to carry on…

June 23, 2017 BY Valentina Kirilova

Japan and Australia cooperate on Fintech

The Japan Financial Services Agency (JFSA) and Australian Securities and Investments Commission (ASIC) today announced the completion of a framework for co-operation to promote innovation in financial services in Japan and Australia. This Co-operation Framework recognises the global nature of innovation in financial services. In this environment, this Framework enables the JFSA and ASIC to…