fma warns against unregulated company
December 08, 2016 BY Valentina Kirilova

Belize regulator IFSC warns on Global Trade Markets Ltd. firm

The International Financial Services Commission of Belize (IFSC) has notified that an entity calling itself Global Trade Markets Ltd. is fraudulently claiming to hold a trading in financial and commodity-based derivative instruments and other securities licence issued by the IFSC. IFSC confirmed that Global Trade Markets Ltd. is not licensed by the International Financial Services…

Read more
December 08, 2016 BY LeapRate Staff

Belize IFSC warns cryptocurrency exchange Alcurex to cease and desist

Belize financial regulator IFSC (International Financial Services Commission) has issued a warning regarding cryptocurrency exchange Alcurex Ltd., operating from website https://alcurex.com/#LTC-BTC. According to the IFSC, Alcurex Ltd. is an International Business Company with its registered office address at 24.5 Old Northern Highway, Boston Village, Belize District, Belize, C.A. Alcurex is purporting to be an online cryptocurrency exchange…

Read more
December 07, 2016 BY admin

Bloomberg Forex trading platform FXGO now supports streaming of NDFs

Bloomberg announced the release of its executable streaming for non-deliverable forwards (NDFs) on FXGO, its global Forex trading platform. Standard Chartered PLC (LON: STAN) with one of the most extensive FX offerings across the globe, will be the first liquidity provider to participate. This will allow the bank to contribute executable pricing across a wide…

Read more
December 07, 2016 BY admin

CFTC penalizes Société Générale $450K for failure to report FX swap trades on time

The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Societe Generale SA (EPA: GLE) for failing to properly report certain non-deliverable forward transactions to a swap data repository (SDR), and failing to timely report to an SDR a large number of FX swap, FX forward, and non-deliverable forward…

Read more
December 07, 2016 BY admin

OANDA provides supportive statement on FCA's stricter CFD directives

San Francisco-headquartered OANDA, the popular globally regulated multi-asset broker, today made note of the Financial Conduct Authority’s (FCA) consultation paper published yesterday, December 6, 2016, and states that it supports any changes that improve the long-term trading experience for clients. Yesterday, The UK’s Financial Conduct Authority (FCA) issued directives proposing stricter rules for firms selling…

Read more
December 07, 2016 BY admin

Match-Trade launchces new trader back office solution for FX brokers

Match-Trade Technologies, a Forex technology provider headquartered in Irvine, California, today announced the launch of Match-Trade (M-TT) Trader’s Room Solution for FX Brokers. The company has been active lately as just last week they introduced an upgraded faster data feed for brokers. As a complement to Match-Trade White Label offering, M-TT Trader’s Room application will…

Read more
December 07, 2016 BY admin

UNC students with 127% in gains win TD Ameritrade's college trading competition

Trading right up until the closing bell, four students from University of North Carolina at Chapel Hill (UNC) turned in a 127% total portfolio gain in four weeks, outperforming other participants to win the third annual thinkorswim Challenge by TD Ameritrade Holding Corp. (NYSE: AMTD). This year's virtual trading competition had a record number of participants:…

Read more
December 07, 2016 BY Valentina Kirilova

Bats reports solid volume across asset classes in November

Bats Global Markets, Inc. (Bats: BATS) today reported November data and highlights, including $30.4 billion average daily notional value traded on the Hotspot FX platform, one of the strongest months of 2016 for the segment. During the month, Bats also announced the successful completion of its acquisition of Javelin SEF, a deal which further broadens…

Read more
December 07, 2016 BY LeapRate Staff

SpotOption expands senior management hiring David Ripstein as CEO - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned that leading binary options platform provider SpotOption has hired former RADCOM Ltd. NASDAQ:RDCM) Chief Executive David Ripstein as its new CEO. SpotOption founder Pini Peter will relinquish the CEO role to Mr. Ripstein, but remains with SpotOption as Executive Chairman. Ran Amiran, formerly Mr. Peter's #2, remains at SpotOption as…

Read more