May 03, 2017 BY LeapRate Staff

Hong Kong forex broker solutions provider Broctagon launching CySEC licensed prime brokerage business

LeapRate Exclusive... LeapRate has learned that Hong Kong based forex brokerage solutions provider Broctagon Solutions has established a subsidiary in Cyprus, ahead of the planned launch of a regulated Prime Brokerage and Liquidity Solutions business. The company has established a sub called Broctagon Prime Ltd, and has already received its CySEC CIF license. The license became…

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May 03, 2017 BY FxPro

Fed Expected to Keep Rates Steady in May

Eurozone Q1 GDP initial readings (YoY and QoQ) will be released at 10:00 BST today, followed by the US Markit Services and Composite PMIs (Apr) at 14:45 BST, the US ISM non-manufacturing PMI (Apr) at 15:00 BST and the FOMC interest rate decision at 19:00 BST. The crucial US ISM non-manufacturing PMI and manufacturing PMI…

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May 03, 2017 BY Hantec Markets

DAX futures analysis 03/05/2017

DAX futures (JUNE 2017 contract is FDXM7, continuation contract is FDXc1) The bulls are threatening to break the consolidation to the upside yet again. A solid bull candle drove an intraday all-time high on the DAX futures but the move could not quite hold on to close above the previous peak of 12,518 which just…

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SFC fines
May 03, 2017 BY Valentina Kirilova

CFTC charges Pennsylvania resident with fraudulently soliciting commodity futures customers

The U.S. Commodity Futures Trading Commission (CFTC) filed an enforcement action in the U.S. District Court, Northern District of Illinois, charging Defendant, William H. Powderly IV (Powderly) of New Hope, Pennsylvania, with fraudulently soliciting at least $825,000 from at least four customers for purposes of trading commodity futures on their behalf in an account in…

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sec whistleblower award
May 03, 2017 BY Valentina Kirilova

SEC announces whistleblower award of more than half-million dollars for company insider

The Securities and Exchange Commission (SEC) announced that a company insider has earned a whistleblower award of more than $500,000 for reporting information that prompted an SEC investigation into well-hidden misconduct that resulted in an SEC enforcement action. This company employee saw something wrong and did the right thing by reporting what turned out to…

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May 03, 2017 BY LeapRate Staff

PositivaFX hires easyMarkets forex veteran Dominic Poynter as Head of Marketing

LeapRate Exclusive... LeapRate has learned that Limassol, Cyprus based institutional FX liquidity provider PositivaFX has hired Dominic Poynter as its new Head of Marketing. Dominic Poynter is joining PositivaFX after spending the past three years at retail forex broker easyMarkets as its Director of Marketing Operations, including overseeing that company's rebranding from easyForex to easyMarkets…

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May 03, 2017 BY Saxo Bank

Shorting USDCHF on the French vote

Background Since leaving the gap open at 99.88 from Friday, April 21 after the initial results from the French preliminaries, the USD index has consolidated within a channel formation. This would suggest a possible flag with a bias to break lower. However, gaps also have a tendency to be closed, so signals are far from…

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ASIC applauds the enactment of stronger whistleblowing laws
May 03, 2017 BY Valentina Kirilova

ASIC supports second-phase extension of groundbreaking whistleblower research project

ASIC has welcomed and strongly endorsed today's announcement of the second stage of the ground breaking research project 'Whistle While They Work', which will lead to a strong information base to assist considerations of whistleblowing practices. The 'Strength of Whistleblowing Processes' report, undertaken by a multi-university team led by Griffith University's Professor AJ Brown, and…

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