Last time we heard of the administrative services provider Mutual Trust Limited was when the Board of the Cyprus Securities and Exchange Commission (CySEC) extended the suspension of the company's ASP license once more. Now, almost a half year later, CySEC informed that has decided to impose a total administrative fine of €15.000 on the ASP Mutual…
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GAIN Capital Holdings, Inc. (NYSE: GCAP) just reported its operating metrics for the month of December 2016 and they don't look so good. Retail Segment Metrics OTC average daily volume of $8.6 billion, a decrease of 26.4% from November 2016 and 33.4% from December 2015. OTC trading volume of $189.1 billion, a decrease of 26.4% from…
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Moscow Exchange (MOEX) just announced that in 2016 its total trading volume grew by 24% YoY to RUB 850.4 trln. In December 2016, total trading volumes increased by 18.5% YoY to RUB 89.5 trln. Money Market added 51.1%, Bond Market increased by 132.9% and Equity Market was up by 25.6%. Equity and Bond Market Total trading…
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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 Capital Value Brokers. Capital Value Brokers is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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This article is written by Konstantin Rabin, CEO at Forex Library. The latest Payment Service Directive, which will become fully effective with the beginning of next year, is impatiently awaited by third parties in the EU’s financial sector. Payment providers, online lenders, innovative banks and fintech startups – they all want to finally benefit from…
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Breaking Forex News.... Forex and Binary Options convergence continues. Online trading platform providers Leverate and Tradologic have announced a partnership, whereby Leverate's Forex and CFDs brokerage platform solutions will be offered to Tradologic clients. Tradologic is one of the leading providers of binary options platforms to white label operators and brokers. However the binary options…
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The volume of listed corporate bonds on Nasdaq’s Nordic markets grew to a new all-time high during 2016. At the end of last year, the total value of listed corporate bonds on Nasdaq Nordic’s main markets was 65.8 billion euros, an increase of 4.8% since 2015 and 54% since 2011. A large portion of the…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Cash Float. 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…
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LeapRate Exclusive Interview... We are pleased to speak today with Graeme Watkins, CEO of FCA regulated retail forex and CFDs broker Valutrades. An LCG veteran, Mr. Watkins joined Valutrades just over a year ago and has helped steer a recapitalization at Valutrades and launch of a new website. With big plans for the future. Valutrades…
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This article is written by freelance writer Jason Haze. Our world has never been more connected, or more globalized, all thanks to a little invention called, the internet. Having unlimited and easy access to the web has truly changed the way we receive information, the way that we connect with each other, and how we can…
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