December 19, 2016 BY LeapRate Staff

The chemical effects of trading

The best thing you can do for your trading account is to get a grip. Yael Warman from Leverate explains… The best thing you can do for your trading account is to get a grip. Let me explain. Brian Knutson, an associate professor of psychology and neuroscience at Stanford University, found that financial trading has the…

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December 19, 2016 BY Valentina Kirilova

ICAP Energy appoints Kieran Walsh to launch new European broking desk

Markets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP) just announced that it has appointed Kieran Walsh as Director of European Agricultural and Soft Commodities to launch and manage a new European agricultural commodities desk. Kieran will report to Graham Francis, Head of EMEA Energy and Commodities, ICAP Energy,…

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cssf warning
December 19, 2016 BY Valentina Kirilova

Luxembourg regulator CSSF warns against Sfilbank

The Supervisory Board of the Financial Sector (CSSF) warns the public of the activities of an entity named Sfilbank, operating at www.sfilbank.com. The company claims to be established in Luxembourg. The CSSF informs the public that an entity named Sfilbank is unknown to it and has not been granted any authorisation to provide banking and/or…

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December 19, 2016 BY Valentina Kirilova

New Bats indices for French, German, Italian and Swiss markets now live

Bats Europe (Bats), the region’s largest equities exchange, today announced its eight new benchmark indices for the French, German, Swiss and Italian markets are now live. The indices, based on Bats market data, provide real-time, high-quality and low-cost alternatives to the benchmark indices provided by the incumbent index providers. The eight new Bats Indices are…

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sfc warning
December 19, 2016 BY Valentina Kirilova

Hong Kong SFC adds www.xsvg.com 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…

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December 19, 2016 BY Valentina Kirilova

FCA warns on fake email

The UK Financial Conduct Authority (FCA) announced that are aware an email was sent on Friday, December 16 2016 entitled "FCA Regulation 2017". The email appeared to be from [email protected]. The FCA would like to warn recipients that his email was not sent by the authority and should be deleted without opening.

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December 19, 2016 BY Valentina Kirilova

ASIC banning of a former financial adviser with the National Australia Bank set aside on appeal

The Administrative Appeals tribunal (AAT) has set aside a decision by the Australian Securities and Investments Commission (ASIC) to ban Mr Gerard McCormack from providing any financial services. Mr McCormack, of South Melbourne, Victoria, a former financial adviser with the National Australia Bank (NAB) was banned from providing financial services for five years commencing on…

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Z.com GMO Click UK
December 19, 2016 BY LeapRate Staff

GMO Click UK retail forex unit Z.com Trade posts £2.4 million loss in 2016

LeapRate Exclusive... LeapRate has learned via regulatory filings that GMO-Z.com Trade UK Limited, the FCA regulated brokerage arm of Japanese retail forex giant GMO Click Holdings Inc (TYO:7177), posted a £2.4 million (USD $3.0 million) net loss for Fiscal 2016. The company has a March 31 fiscal year end. Tokyo-based GMO Click is, by volume, the world's largest retail…

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