Dukascopy Europe adds video identification for new account opening LeapRate

February 14, 2017 BY Valentina Kirilova

Dukascopy Europe adds video identification for new account opening

Dukascopy Europe has successfully upgraded the signing up procedure for its clients by integrating a modern technology developed by mother company Dukascopy Bank SA. Clients will be able to choose Video Identification when opening the account, thus receiving a comfortable identification method that can be used anywhere in the world through Dukascopy's innovative and secure…

February 14, 2017 BY LeapRate Staff

Exness extends endangered wildlife conservation partnership with WWF

Retail forex broker Exness has announced that it has recently renewed its partnership with World Wildlife Fund Russia, pledging funds to the conservation and reintroduction of endangered species - polar bears and Persian leopards. According to Petr Valov, CEO of Exness: Endangered wildlife species is a pressing issue that calls for our attention. As strong supporters…

February 14, 2017 BY Valentina Kirilova

KCG releases steady January trade volumes report

KCG Holdings, Inc. (NYSE: KCG) just released trade volumes for the month of January 2017. In Market Making, KCG averaged $28.1 billion dollar volume traded (5.24% higher than December 2016), 8.9 billion shares traded, and 3.5 million trades per day in U.S. equities. In Global Execution Services: KCG Institutional Equities averaged 223.9 million U.S. equity…

February 14, 2017 BY Valentina Kirilova

Automated investment adviser BetaSmartz launches in Asia

A business-to-business automated investment platform for all sizes of investors, from institutional to retail, has announced it has opened new offices in Hong Kong. BetaSmartz which offers hybrid digital investment or "robo-advice" that combines automated and face-to-face financial advice, will run sales and service from the Hong Kong office, complementing its headquarters in Singapore. The…

February 14, 2017 BY Valentina Kirilova

SFC withdraws Restriction Notice issued to a broker in connection with client’s suspected insider dealing

The Securities and Futures Commission (SFC) has withdrawn the Restriction Notice issued to Kingsway Financial Services Group Limited (KFS) in connection with a client account that holds proceeds of suspected insider dealing in the shares of TeleEye Holdings Limited. The withdrawal of the Restriction Notice came after the SFC obtained court orders to prevent dissipation…

February 14, 2017 BY Valentina Kirilova

Saxo Payments launches Banking Circle Virtual IBAN for FX and Payments businesses

Banking Circle Virtual IBAN eliminates the need for multiple bank accounts in multiple countries and currencies Saxo Payments, a subsidiary that Saxo Bank established in 2013, just announced that is launching Banking Circle Virtual IBAN. Delivering full transparency and faster settlement on payments and transfers, Banking Circle Virtual IBAN is a proposition, giving FX and Payments…

February 14, 2017 BY Valentina Kirilova

Hong Kong SFC adds mhi-shipping.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…

February 14, 2017 BY Valentina Kirilova

FCA warns on Jazz Loans firm

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Jazz Loans. Jazz Loans is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…

February 14, 2017 BY Valentina Kirilova

Singapore MAS announces changes to finance company regulations to enhance their ability to finance SMEs

The Monetary Authority of Singapore (MAS) announced some regulatory changes to strengthen the resilience of finance companies and enhance their ability to provide financing to small and medium sized enterprises (SMEs). Relaxation of business restrictions with enhanced prudential standards Finance companies fill a useful niche in SME financing, complementing the role of banks. They often…

February 14, 2017 BY Valentina Kirilova

Bats reports $29.6 billion traded on Hotspot in January, nears closing of CBOE transaction

Bats Global Markets, Inc. (Bats: BATS) reported January volume and highlights, which included average daily notional value of $29.6 billion traded on Hotspot, its global spot FX trading platform, the highest ADNV in 11 months. Additionally, average daily notional value traded on Hotspot’s London matching engine was $2.5 billion in January, equating to 8.5% of…