March 27, 2017 BY LeapRate Staff
Your traders are on LinkedIn, Why isn’t your brokerage?
With the likelihood that your clients are already on LinkedIn, why (and how) should your brokerage also be?
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March 27, 2017 BY Valentina Kirilova
BT opens tech-packed showcase for financial services firms
Provider of network, cloud, and security services BT Global Services UK (LON: BT.A) just announced the opening of a new customer experience showcase for its financial industry clients. Located at its Adastral Park research and development hub in the UK, it demonstrates how digital innovations can be securely adopted throughout a financial services organisation to…
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March 27, 2017 BY LeapRate Staff
Binary Options broker Anyoption requests affiliates sign letter on marketing use of German TV star Robert Geiss
LeapRate Exclusive... LeapRate has learned that binary options broker Anyoption has sent a circular out to its affiliates, regarding unauthorized advertising and promotion which one or more of its affiliates has been doing. Apparently, one or more Anyoption affiliates has been actively marketing the company in Europe using the images of Robert and Carmen Geiss…
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March 27, 2017 BY Valentina Kirilova
Mizuho and Marubeni unite for Asean fintech partnership
Mizuho Financial Group, Inc., Mizuho Bank, Ltd., and Marubeni Corporation announced that have agreed to start exploring for opportunities to provide new financial services utilizing FinTech in the ASEAN region. As various new FinTech based financial services are recently being offered, the companies will explore opportunities to provide community-based financial businesses in the ASEAN region…
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March 27, 2017 BY Valentina Kirilova
Nasdaq announces mid-month open short interest positions in Nasdaq Stocks
At the end of the settlement date of March 15, 2017, short interest in 2,328 Nasdaq Global MarketSM securities totaled 7,352,374,802 shares compared with 7,280,848,100 shares in 2,345 Global Market issues reported for the prior settlement date of February 28, 2017, as announced by Nasdaq. The mid-March short interest represents 4.54 days average daily Nasdaq…
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March 27, 2017 BY Valentina Kirilova
New Zealand's FMA releases Authorised Financial Advisers information
The Financial Markets Authority published its third statistical report on Authorised Financial Advisers (AFAs) in New Zealand. The FMA requires AFAs to submit an annual information return each year. The report uses the data from that questionnaire to provide a snapshot of the sector for the 12 month period ending June 30th 2016. It has…
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March 27, 2017 BY Valentina Kirilova
Peruvian traders pay back all profits plus penalties in insider trading case
The Securities and Exchange Commission (SEC) announced that three Peruvian traders have agreed to settle a pending case alleging that they traded on nonpublic information prior to the merger of two mining companies. The SEC filed its complaint in September 2016, and the settlements were approved today in U.S. District Court for the Southern District…
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March 27, 2017 BY LeapRate Staff
Australia parliament passes new legislation to protect Retail Forex client money
Breaking Forex News... LeapRate has learned that Australia's parliament today passed the Treasury Laws Amendment (Measures No 1) Bill 2016, known more commonly as the Retail Client Money law. We had reported back in November that the Australian government was going to change the rules as to what ASIC licensed retail brokers offering over-the-counter derivatives products (read:…
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March 27, 2017 BY Valentina Kirilova
CFTC staff provides relief associated with swap trade confirmations
The U.S. Commodity Futures Trading Commission's (CFTC) Division of Market Oversight (DMO) issued a no-action letter extending relief associated with swap trade confirmation requirements that previously was provided in CFTC Staff Letter 16-25, which expires March 31, 2017. The letter extends the relief until the effective date of any revised CFTC regulations regarding trade confirmation…
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March 27, 2017 BY Valentina Kirilova
ASIC releases guidance on risk management systems of responsible entities
ASIC released Regulatory Guide RG 259 Risk Management systems of responsible entities to provide additional guidance to responsible entities on our expectations for compliance with their existing obligation under the Corporations Act 2001 to maintain adequate risk management systems. The guide is aimed at ensuring that the risk management systems of responsible entities, including minimum…
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