April 12, 2017 BY Valentina Kirilova

New Zealand's Forex Brokers bankrupt, liquidators appointed

An Auckland-based foreign exchange broker has collapsed, leaving dozens of customers owed more than $1 million facing "significant" losses, NZ Herald reported. Forex Brokers was established in 1995 and had an office in the Dingwall Building on Auckland's Queen Street. Companies Office filings show shareholders of the company yesterday appointed PKF Corporate Recovery & Insolvency…

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April 12, 2017 BY LeapRate Staff

Binary options broker RBinary receives warning from Canadian regulator BCSC

Continuing its string of warnings against unregulated brokers and other scams targeting retail traders in Canada, Canadian securities regulator the British Columbia Securities Commission (BCSC) has added to its Investment Caution List unregulated binary options broker RBinary, operating from website rbinary.com. According to the BCSC, RBinary claims to be based in the Republic of the Marshall…

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April 12, 2017 BY Valentina Kirilova

Singapore robo-advisor StashAway receives in-principle approval for Retail Fund Management License from MAS

StashAway, a digital wealth advisor, announced today that has received in-principle approval for its Capital Market Services License for Retail Fund Management. This allows StashAway to now prepare to launch its digital wealth management platform in the coming months. Robo-advisors, or “robos,” are growing in prevalence in Europe and North America. Currently, robos in Singapore only…

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April 12, 2017 BY Valentina Kirilova

ASIC cancels AFS licence of responsible entity DD&D Securities

ASIC has cancelled the Australian financial services (AFS) licence of DD&D Securities Ltd (AFS licence 221147) for failing to comply with a number of its key obligations as a financial services licensee. In particular, ASIC found that DD&D Securities failed to: maintain membership with an external dispute resolution scheme approved by ASIC; lodge its financial…

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April 12, 2017 BY Valentina Kirilova

IC Markets adds deposits via PayPal

ASIC regulated Retail Forex broker IC Markets just announced that has added PayPal to its list of accepted payment methods. The addition of PayPal as another funding method will allow IC Markets’ clients to send and receive funds via one of the world’s most trusted and secure payment solutions. In addition to over 10 different…

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April 11, 2017 BY LeapRate Staff

What does Yellen’s ‘neutral’ stance mean for the markets?

The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). The Federal Reserve (Fed) Chair Janet Yellen said the last word on the US’ monetary policy outlook. The ‘appropriate stance of policy is now closer to […] neutral’ according to Janet Yellen. Hence, the…

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April 11, 2017 BY Valentina Kirilova

EEX to launch power futures for Germany

The European Energy Exchange (EEX) announced that will launch financially settled power futures for Germany against the background of a possible split of the German-Austrian price zone. The new products will be available for exchange trading and trade registration as of 25 April 2017 and will provide additional trading and hedging opportunities compared to the…

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Thomson Reuters teams up with Seabury TFX to create new trade finance marketplace in Asia
April 11, 2017 BY Valentina Kirilova

Thomson Reuters launches QA Point powered by Elsen

Information giant Thomson Reuters Corp (NYSE:TRI) announced that has launched QA Point, a cloud-based application that enables asset managers to utilize quantitative approaches in making investing decisions, designed to assist in creating increased productivity, better results, and accelerated internal collaboration among investment professionals. QA Point utilizes a point-and-click interface and access to Thomson Reuters content,…

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