The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Loaningo. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to scam…
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Bats Global Markets, Inc. (Bats: BATS) just reported 2016 highlights, including the April initial public offering, the September CBOE transaction announcement and continued strength across all of its markets, led by record full-year U.S. Options market share and U.S. ETF listings growth. IPO: In April, Bats completed its IPO on Bats Exchange of 15,295,000 shares…
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GMO Click Holdings, Inc. (TYO:7177), the parent of Japanese online trading giant GMO Click Securities, has released its monthly preliminary report of consolidated operating revenue for December 2016. Operating Revenue in December 2016 was ¥1,962 million, or 22.3% less than the ¥2,525 million same month in 2015. Q3 2016 was total ¥6,771 million, basically the…
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Digital currencies are set to spread and grow even more in 2017. How might that happen?
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Montréal Exchange just shared the appointment of Julie Rochette as Vice President and Chief Regulatory Officer of the Regulatory Division of the Montréal Exchange, effective January 16th. Rochette assumes this role following the recent appointment of Brian Gelfand to the role of Chief Commercial Officer for CDS and CDCC. Julie Rochette will lead the Regulatory…
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ASIC has cancelled the Australian Financial Services (AFS) licence of Sydney based company Core Insurance Pty Ltd for failing to lodge financial statements and auditor reports for a period of two years. This is in breach of both its legal obligations and licence conditions. ASIC Deputy Chair Peter Kell said: Licencees are required to lodge…
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LeapRate Exclusive Interview... When Marco Baggioli (pictured above) left his position as Global Head of FX Prime Brokerage at French bank BNP Paribas SA (EPA:BNP) in early 2015 to be COO of the new London office of Abu Dhabi based ADS Securities, he certainly knew that he was beginning a new adventure and new chapter in his…
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Moscow Exchange has just announced its monthly market report for December 2016. The trading volume of stocks totalled RUB 983 bln in December. The average daily trading volume was RUB 44.7 bln, up 4.7% MoM. The T+2 sector made up 98% of the total secondary market trading volume and the T0 sector accounted for 2%.…
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This article is written by Richard Perona, VP of Institutional FX at Advanced Markets. In 2016, we have seen some incredible market dislocation due to various global events (BREXIT, US Elections, OPEC, GBP Flash Crash, FOMC to name a few). Having experienced my fair share of these moves, I find myself in a unique position to…
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Two very important speeches on the horizon today which are likely to affect FX markets, and in particular the GBP. British PM Theresa May will speak outlining the official UK government position on Brexit. And China's Xi Jinping will become the first Chinese leader ever to address the annual Davos World Economic Forum, ironically as an…
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