May 23, 2017 BY Valentina Kirilova

Colt to offer new low-latency network route between stock exchanges in Tokyo and Chicago

Colt Technology Services has announced newly optimised low-latency network routes linking stock exchanges in Tokyo and the Chicago Mercantile Exchange, which will be available from May 23, 2017. Connectivity will be provided through the company's private Ethernet-based Colt IQ Network. Latency between Tokyo and Chicago will reach a speed of 121.07ms between each endpoint after…

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Euronext acquires FastMatch FX ECN
May 23, 2017 BY LeapRate Staff

Euronext buys forex ECN FastMatch for $153 million

Well, it looks like FXCM will have some more money to pay back its loan from Leucadia. Pan European exchange group Euronext NV (EPA:ENX) has announced that it has reached an agreement to acquire 90% of Forex ECN FastMatch for $153 million in cash, plus a $10 million contingent earn-out. The remaining 10% of FastMatch…

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May 23, 2017 BY LeapRate Staff

ThinkMarkets acquires FX trading mobile app Trade Interceptor

LeapRate has learned that FCA regulated retail FX and CFD broker ThinkMarkets has acquired Trade Interceptor, an increasingly popular trading analysis mobile app developed by Sofia, Bulgaria based software company Riflexo. Details such as amount paid by ThinkMarkets are not available. We expect the companies to make an announcement shortly. Through the acquisition, ThinkMarkets will…

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SFC fines
May 23, 2017 BY LeapRate Staff

Futures trading system developer Kimball Parker and his MakeYourFuture LLC pay $1.2 million in fraud case

The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge Bruce S. Jenkins in the U.S. District Court for the District of Utah entered a Consent Order against Defendants Kimball Parker of Lehi, Utah, and his Utah company, MakeYourFuture, LLC (MYF), who were charged with fraud and other violations in connection with the offering…

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ASIC applauds the enactment of stronger whistleblowing laws
May 22, 2017 BY LeapRate Staff

CFTC strengthens anti-retaliation protection for Whistleblowers and enhances the award process

After dealing with several cases of companies retaliating against employees who reported wrongdoing, the U.S. Commodity Futures Trading Commission (CFTC) has announced amendments to the its Whistleblower Rules that will, among other things, strengthen the CFTC’s anti-retaliation protections for whistleblowers and enhance the process for reviewing whistleblower claims. Based on a reinterpretation of the CFTC’s…

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May 22, 2017 BY admin

LedgerX closes $11 million Series B to push forward regulated bitcoin options

Still awaiting regulatory approval, the we last heard from LedgerX, a swap execution facility (SEF) for bitcoin options was in 2015 when the CFTC issued temporary registration status. Hoping to push forward, the company announced today closing of a Series B round of $11.4 million in financing. Led by Miami International Holdings Inc. and Huiyin Blockchain…

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May 22, 2017 BY admin

Match-Trade introduces data feeds & execution for eight cryptocurrencies

Match-Trade Technologies LLC, headquartered in Irvine, California, is pleased to announce the launch of new data feeds for eight (8) most popular cryptocurrencies. Like other offerings, Match-Trade has based this new feature on its proprietary matching engine technology. The Company can provide direct feeds and liquidity for the most popular cryptocurrencies such as Bitcoin, Litecoin,…

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saxo bank fx volumes
May 22, 2017 BY LeapRate Staff

Low volatility sends Saxo Bank FX volumes down 25% MoM in April

Copenhagen based multi-asset broker Saxo Bank has released its trading volume statistics for the month of April, indicating an overall 25% reduction in activity for the month. The figures at Saxo Bank are fairly much in line with what we have seen for April from other leading retail and institutional eFX venues. After a fairly…

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May 22, 2017 BY Valentina Kirilova

Spanish regulator CNMV warns against several unregulated forex brokers

Spanish regulator CNMV just issued another warning today against the forex companies: Tradev Ltd., operating at www.tradev.com website; DGX SYSTEMS LTD (PRIME FX BANK / PFXBANK), operating at www.pfxbank.com and www.pfx-bank.com; and FIRST INVESTMENTS CAPITAL MARKETS, operating at www.firstinvestmentscapitalmarkets.com/ and www.first-union-esp.com. CNMV confirmed that these entries are not licensed or registered and, therefore, are not…

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