May 04, 2017 BY Valentina Kirilova

Bats welcomes VelocityShares to the Bats ETF Marketplace

Bats, a CBOE Holdings, Inc. (NASDAQ: CBOE) company today welcomed VelocityShares® branded ETNs to the Bats ETF Marketplace. The VelocityShares 1x Long VSTOXX Futures ETN (Bats: EVIX) links Long Securities to the VSTOXX Short-Term Futures Investable Index (the "Long Investable Index"). The Long Investable Index replicates the performance of a long position in [constant-maturity one-month…

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asic bans
May 04, 2017 BY Valentina Kirilova

ASIC disqualifies and bans the former MD of Provident Capital Ltd

On 2 May 2017 the Administrative Appeals Tribunal (AAT) upheld ASIC's decision that Mr Michael Roger O’Sullivan of Sydney be disqualified from managing corporations for five years and from providing financial services for seven years. The AAT qualified the five-year disqualification decision by permitting Mr O'Sullivan to remain as a director of three private companies,…

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bitcoin
May 04, 2017 BY Valentina Kirilova

Bitcoin and other digital assets reach new all-time highs

Kraken Digital Asset Exchange announced that the price of bitcoin and the total market cap for digital assets are each shattering previous records. Bitcoin was over $1500 yesterday, while the digital assets total market cap was nearing the $40,000,000,000 mark. These numbers represent new all-time highs for an industry that is becoming increasingly popular among…

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May 03, 2017 BY FIBO Group

British pound awaits Fed decision

The British pound has come under pressure late in the European trading session today as the market awaits the latest interest rate decision from the US Federal Reserve. At 4.06pm (GMT) the British currency was trading at $1.29000 against its US counterpart, down from $1.2937 in yesterday’s trading. The Sterling strengthened earlier in the day…

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May 03, 2017 BY LeapRate Staff

Binary Options broker OptionRally loses Belize IFSC license

Belize financial regulator International Financial Services Commission (IFSC) has announced that TCM Investments Ltd., with registered office at Suite 508, Marina Towers, Newtown Barracks, Belize City, Belize, Belize, C.A. is no longer licensed in the country. TCM Investments operates the OptionRally binary options brand at website optionrally.com outside of the EU. OptionRally is operated by a different regulated entity…

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NEX Group market volumes
May 03, 2017 BY LeapRate Staff

EBS forex volumes down 12% MoM in April to $76.1 billion ADV

Continuing the string of weak volume reports for the month of April 2017 from some of the leading institutional eFX trading venues, NEX Group PLC (LON:NXG) has reported that its EBS unit saw volumes drop by 12% MoM, coming in at $76.1 billion ADV. That marks EBS's slowest month for trading since August 2016. Overall,…

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May 03, 2017 BY Saxo Bank

Calls on GSK attractive ahead of Advair generic decision

BackgroundShares in Danish insulin producer Novo Nordisk are up 7% today as the company's first-quarter results beat revenue and net income estimates and it lifted the lower end of its previous full-year guidance. The big question is whether this is a signal to get on the bandwagon of Novo Nordisk. While the result was definitely…

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May 03, 2017 BY Valentina Kirilova

EBS BrokerTec to be renamed NEX Markets

NEX Group plc (LON:NXG), a financial technology company at the centre of the global markets, announced today that its EBS BrokerTec business which provides electronic trading technology and services to the foreign exchange (FX) and fixed income markets, will be renamed NEX Markets. The business is being renamed to further align with NEX. The new…

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May 03, 2017 BY Valentina Kirilova

Chicago based AMP Futures launches MT5 platform

AMP Futures has officially announced the launch of the MetaTrader 5 platform for trading futures AMP Futures is a US regulated Chicago-based Futures Commission Merchant (FCM) providing access to the global electronic futures markets for individual traders, as well as US and foreign Introducing Brokerages from 150+ countries around the world. AMP Futures offers over…

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