December 15, 2016 BY admin

Citigroup funds London forex trading blockchain startup Colbalt

It was announced today that Citigroup Inc (NYSE:C) has invested in London-based FX blockchain startup Colbalt. The company also announced it added Charlotte Crosswell, former Nasdaq NLX CEO as a strategic advisor as the service gets closer to launch. Terms of the investment were not announced. Cobalt DL, a FX post-trade processing network based on distributed ledger technology…

Read more
December 15, 2016 BY admin

TORA integrates new multi-asset charting solution from ChartIQ

Tora Trading Services Ltd (TORA), a global provider of investment management technologies supporting the full trading lifecycle, today announced the launch of new multi-asset charting technology in partnership with ChartIQ. The fully integrated new tool, which supplements TORA’s existing charting technology, provides a powerful yet intuitive charting platform featuring a full suite of drawing tools and technical…

Read more
IOSCO issues statement on liquidity risk management recommendations for investment funds
December 15, 2016 BY Valentina Kirilova

IOSCO stresses importance of implementation and disclosure related to new accounting standards

The Board of the International Organization of Securities Commissions (IOSCO) published today a Statement on Implementation of New Accounting Standards related to revenue, financial instruments, and leases. The three new International Financial Reporting (IFRS) Standards, issued by the International Accounting Standards Board, are expected to significantly affect the financial statements of many issuers globally, given…

Read more
ESMA bond liquidity data
December 15, 2016 BY Valentina Kirilova

ESMA consults on extending aggregated trade repository data

The European Securities and Markets Authority (ESMA) has opened today a public consultation on the extension of data available to the public in trade repositories as stipulated in the European Market Infrastructure Regulation (EMIR). Public data has experienced several problems related to the comparison and aggregation of data across trade repositories. Therefore, ESMA is setting out…

Read more
USD/JPY AUDJPY
December 15, 2016 BY Valentina Kirilova

Japanese yen is getting crushed

The Japanese yen is getting crushed - dropped with 0.7% at 118.0250 per dollar as of 7:38 a.m ET. This happens in the aftermath of the Federal Reserve's decision to raise rates for the second time this decade. As most of the market watchers expected, the Federal Reserve decided to raise its benchmark interest rate by 25…

Read more
Jasper Lawler LCG
December 15, 2016 BY LeapRate Staff

LCG hires senior market analyst Jasper Lawler from CMC Markets

LeapRate Exclusive... LeapRate has learned that London based senior market analyst Jasper Lawler has switched teams, moving from CMC Markets Plc (LON:CMCX) to crosstown rival London Capital Group Holdings plc (LON:LCG). Jasper Lawler is now one of two senior analysts covering the markets for LCG, joining Ipek Ozkardeskaya who had joined LCG about a year ago from Swissquote. Mr.…

Read more
December 15, 2016 BY Valentina Kirilova

Forex platforms provider Tools for Brokers rebrands as T4B.com

LeapRate Exclusive… LeapRate has learned that forex platforms provider Tools for Brokers has rebranded as T4B.com. This step intends to de-emphasize the product aspect of their offering and pinpoint the new service-oriented approach. The company has already used the new domain name t4b.com for some time and officially introduced the new corporate look at the…

Read more