OpenMarkets ASIC license conditions
December 09, 2016 BY LeapRate Staff

ASIC imposes license condition on online broker OpenMarkets Australia

Australia financial regulator ASIC has announced that it has imposed additional conditions on the Australian financial services licence of online broker OpenMarkets Australia Limited. This action follows surveillance activities which identified concerns in OpenMarkets: arrangements for identifying and preventing potential market misconduct (for example, inadequate automated filters in its automated order processing (AOP) systems and…

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Germany's BaFin maintains restrictions on retail trading with financial CFDs
December 08, 2016 BY LeapRate Staff

Germany regulator BaFin requiring negative balance protection for CFD trading

Germany's financial regulator Bundesanstalt für Finanzdienstleistungsaufsicht (or just 'BaFin') has announced new regulations governing leveraged CFD trading. BaFin's actions come just two days after UK regulator the FCA dropped a bombshell by proposing new rules limiting leverage on Forex and CFDs to 50x, and banning bonus payment inducements to retail traders. The FCA's actions sent…

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December 08, 2016 BY admin

Canadian regulator MSC warns against unregulated Binary Options broker B4Binary

Another warning against a binary options broker targeting traders in Canada has been issued today by Canadian securities regulator The Manitoba Securities Commission (MSC). The MSC has issued a warning to investors regarding B4Binary, operating from website b4binary.com. If this sounds familiar, it is because last month fellow Canadian provincial regulator, The Ontario Securities Commission (OSC)…

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December 08, 2016 BY admin

Bats Europe adds XTX Markets as a member firm

XTX Markets, a leading electronic trading firm providing liquidity in equity, derivatives, FX and commodity markets, today announced that it has become a member firm of Bats Europe. XTX will continue to be a market partner and liquidity provider on Bats Europe and the partnership is a continuation of XTX’s expansion on exchanges. This is…

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December 08, 2016 BY Valentina Kirilova

INTL FCStone's Global Payments Division hires Francois Beau Yon de Jonage as Senior Vice President

INTL FCStone Inc. (NASDAQ: INTL) today announced that its London-based subsidiary, INTL FCStone Ltd's Global Payments Division (GPD), has appointed François Beau Yon de Jonage as Senior Vice President. He joins the Company from Société Générale, where he served as Head of the firm's Global Exotic Currency Service. Mr. Beau Yon de Jonage is a…

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December 08, 2016 BY Valentina Kirilova

Hong Kong Brokers choose Fidessa for Shenzhen Connect

Fidessa Group plc (LSE: FDSA) has today announced that seventeen Hong Kong-based brokers have been using Fidessa for the Shenzhen-Hong Kong Stock Connect link since it went live on 5th December. Eva Fu, Product Marketing Manager at Fidessa, said the uptake of Fidessa’s Shenzhen-Hong Kong Stock Connect solution had been rapid due to the success…

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December 08, 2016 BY LeapRate Staff

Why forex brokers should look into Latam

This article was written by Konstantin Rabin, CEO at Forex Library. Retail FX is certainly an overall profitable niche, yet it gets harder every day to find the best markets. It is quite common to see the vast majority of unregulated Forex brokers going into Asia, especially Southeast Asian countries. This is why it just…

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December 08, 2016 BY Valentina Kirilova

Varia US Properties AG are now traded on SIX Swiss Exchange

Today, the shares of Varia US Properties AG have been listed in accordance with the «Standard for Real Estate Companies» and are traded on SIX Swiss Exchange for the first time. The IPO consists of an offering of 3‘097‘074 newly issued registered shares of the Company with a nominal value of CHF 1.00 each. Additionally…

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