November 22, 2016 BY LeapRate Staff

How FinTech is changing banking and how we use our money

How is FinTech changing the way we think about money, spend money, lend money, move money....? Yael Warman from Leverate takes a peek. This is the story of Satoshi Nakamoto, though that's not his real name. He had an idea for an electronic currency verified by a block chain, unlinked to any central bank or…

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November 22, 2016 BY Valentina Kirilova

Italy regulator CONSOB warns regarding AlfaTrade

Italy’s financial markets regulator National Commission for Companies and the Stock Exchange (CONSOB) has issued a public warning against retail forex broker AlfaTrade. The Italian regulator noted that the companies Nemesis Capital Limited and Nemesis Capital Bg Limited are not authorised to provide investment services or carry out activities in Italy in any way and,…

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November 22, 2016 BY Valentina Kirilova

Oil jumps 4% reaching six-week high, dollar retraces

Last night, there was another rally in oil prices in anticipation of OPEC members reaching a freeze plan in a meeting next week. In recent days, several OPEC members including Iran, along with non-OPEC member Russia, have suggested they were leaning toward a deal to limit output. This becomes increasingly promising against a backdrop of…

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November 22, 2016 BY Valentina Kirilova

TMX Group statement on Competition Bureau announcement

TMX Group (TSX: X) has welcomed yesterday's announcement that the Commissioner of Competition has discontinued his investigation into allegations that TMX Group engaged in conduct contrary to the provisions of the Competition Act. TMX Group has cooperated fully during the investigation and remains firmly committed to conducting business with integrity in full compliance with the Competition…

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November 22, 2016 BY Valentina Kirilova

SFC has publicly censured former executive of Changgang Dunxin Enterprise

The Securities and Futures Commission (SFC) has publicly censured and imposed a 24-month cold-shoulder order against Zheng Dunmu for breaching the mandatory general offer obligation of the Takeovers Code. At the relevant time, Zheng was chairman, executive director and a controlling shareholder of Changgang Dunxin Enterprise Company Limited and held a 56.25% interest in Changgang…

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November 22, 2016 BY Valentina Kirilova

Gold-i launches MT5 Gateway as it migrates products from MT4 to MT5

MetaTrader technologies provider Gold-i has just announced that the Gold-i MT5 Gateway launches at the end of this month. The ultra-low latency Gold-i MT5 Gateway launches with access to over 70 Liquidity Providers. Gold-i’s MT5 Gateway has been designed to work with Matrix – Gold-i’s sophisticated, modular multi-asset Liquidity Management Platform. This means that brokers…

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