January 25, 2017 BY Valentina Kirilova

UK Bond Network to offer tax-efficient Innovative Finance ISAs

FCA-authorised UK Bond Network, the alternative finance provider that specialises in structuring and distributing investment opportunities in secured corporate bonds, has moved a step closer to offering a tax-efficient individual savings account (ISA), having been authorised as an ISA manager by HMRC. Announced in George Osborne’s 2015 Budget and launched last April, the Innovative Finance…

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January 25, 2017 BY Valentina Kirilova

BGC Brokers collaborates with Pirum Systems to launch ColleX for managing post-trade

BGC Brokers L.P. a subsidiary of BGC Partners, Inc. group (NASDAQ: BGCP), announced that it is collaborating with Pirum Systems, the company, specializing in connectivity and real-time straight-through processing (STP) to the securities finance industry, to launch BGC's latest offering ColleX and improve post-trade efficiency for clients. ColleX provides clients a platform for collateral trading. Specifically,…

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January 25, 2017 BY LeapRate Staff

What is Forex VPS?

This article is written by Natallia Hunik, Global Head of Sales at Fortex Inc. Trading via a VPS has become very popular in the retail FX community over the last several years. This article aims to provide a summary of the product and its most common uses, as well as to give a general overview…

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January 25, 2017 BY Valentina Kirilova

SFC reprimands and fines Value Partners $4 million

The Securities and Futures Commission (SFC) has reprimanded Value Partners Limited (VPL) and Value Partners Hong Kong Limited (VPHKL) (collectively, Value Partners), and fined them $2 million respectively for failures to comply with the regulatory requirements in managing two SFC-authorized funds. The SFC found that the two funds, namely, Value Partners China Greenchip Fund Limited…

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January 25, 2017 BY Valentina Kirilova

CFTC extends public comment period for the supplemental proposal for Regulation Automated Trading

The U.S. Commodity Futures Trading Commission (CFTC) announced that it is extending the comment period for the supplemental proposal for Regulation Automated Trading (Regulation AT) to May 1, 2017. The CFTC shared that it recognizes the broad range of topics addressed in the supplemental proposal and the number of questions within it. Notice of this…

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January 25, 2017 BY Valentina Kirilova

Gatecoin resumes its BTCEUR market and Euro SEPA transfers

Bitcoin exchange Gatecoin just announced that has resumed its BTCEUR market following the re-establishment of our Euro SEPA bank accounts in Europe. The transfer costs can be seen it the table below for details on charges for Euro SEPA and Euro international transfers: All Euro SEPA transfers will be processed within 1–2 business days.

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fma warns against unregulated company
January 25, 2017 BY Valentina Kirilova

Malta MFSA warns investors of FXDD clone website

The Malta Financial Services Authority (MFSA) has become aware of the website www.fxddtrade.com. This is a FXDD clone website, not authorised by the MFSA. Fraudsters are using the details of firms, to try to convince people that they work for a genuine, authorised firm. Be aware that the scammers may give out other false details or…

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