CySEC expands its Web Portal, includes Administrative Services Providers LeapRate

March 02, 2017 BY Valentina Kirilova

CySEC expands its Web Portal, includes Administrative Services Providers

The Cyprus Securities and Exchange Commission (CySEC) just announced that expands its Web Portal (Portal) to include the Administrative Services Providers (ASPs) through which they can submit digitally signed documents/letters to the CySEC. By utilizing its Portal, CySEC expects that the cost of printing and storing physical documents will be eliminated since it will no…

March 02, 2017 BY Valentina Kirilova

Canadian authorities planning crackdown on binary options

Provincial market watchdogs are trying to shut down the mechanisms used to entice investors into binary options trading schemes. Securities regulators have released numerous warnings over the past year saying that no one is registered to offer binary options in Canada. Yet still schemes promoting the get-rich-quick investments continue to proliferate and cause losses for…

March 02, 2017 BY Valentina Kirilova

Hong Kong SFC adds Floyd & Gordon Holdings to its alert list

Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…

March 02, 2017 BY Valentina Kirilova

Eurex records strong volumes in VSTOXX products in February

Investors rely strongly on VSTOXX derivatives to hedge their exposure to equity and credit markets at Eurex, Europe’s largest derivatives exchange, Deutsche Börse announced earlier today. VSTOXX is the Europe’s volatility benchmark. It reflects investor sentiment uncertainty by measuring implied volatility of the EURO STOXX 50. In February, the Average Daily Volume reached 119,838 contracts.…

March 02, 2017 BY LeapRate Staff

Low Forex Volatility? Here’s what you need to do...

This article was written by Jens Chrzanowski, Regional German Director at FCA regulated broker Admiral Markets UK. Hello! We all go through periods in life where we don’t get what we want. Unfortunately, it happens! As a trader, sometimes there’s nothing more annoying than periods of low volatility, i.e. when there’s not much fluctuation in…

March 02, 2017 BY Valentina Kirilova

Deutsche Börse Group further optimises its shareholding portfolio

Deutsche Börse Group completed the divestiture of its remaining shareholding in BATS Global Markets, Inc. (Bats: BATS) last night. After receiving a cash and share consideration as part of the acquisition of BATS by Chicago Board Options Exchange, Inc. (NASDAQ: CBOE), the CBOE shares were sold in the market. The divestiture is part of Deutsche…

March 02, 2017 BY LeapRate Staff

ETX Capital completes third major client acquisition in three years, PipIndex

LeapRate Exclusive... LeapRate has learned that FCA regulated Retail Forex brokerage ETX Capital has made another major acquisition of the client list of an active Forex brokerage, its third such acquisition over the past three years. And apparently it is looking for more. The acquired client list is of PipIndex, an MT4 broker which was effectively…

March 02, 2017 BY Valentina Kirilova

FCA to place a deadline on PPI complaints

The Financial Conduct Authority has today confirmed that it will introduce a deadline for making new payment protection insurance (PPI) complaints. The final deadline for making a new PPI complaint will be 29 August 2019. To encourage consumers to decide whether to act about PPI before the deadline, the FCA will run a two-year consumer…

March 02, 2017 BY Valentina Kirilova

Safecharge enables payments for innovative marketplace Funzing

Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) today announced that it is providing its payments technology to Funzing, an innovative sharing economy marketplace. Funzing is a community marketplace that connects hosts that have created unique experiences with members of the public looking for an unusual way to use their free time. The…

March 02, 2017 BY Valentina Kirilova

NEX appoints Kay Swinburne MEP to chair new regulatory think tank NEX Reg

NEX Exchange, a NEX Group (LON:NXG) business which operates a regulated, UK stock exchange for small and medium companies, announced that it has launched NEX Reg, a new think tank focused on regulatory and market structure issues. Kay Swinburne MEP has been appointed as Chair and she will work with senior leaders from across NEX…