November 22, 2016 BY Valentina Kirilova

ASIC extends relief for foreign financial service providers from Luxembourg

ASIC has extended its relief for foreign financial service providers (FFSPs) from the requirement to hold an Australian financial services (AFS) licence when providing financial services to Australian wholesale clients by Luxembourg fund managers. The relief in ASIC Corporations (CSSF-Regulated Financial Services Providers) Instrument 2016/1109 applies to Luxembourg fund managers who are either: management companies,…

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November 22, 2016 BY Valentina Kirilova

FCA warns on Pearson Global Markets / Pearson Private Clients firm

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 Pearson Global Markets / Pearson Private Clients. Pearson Global Markets / Pearson Private Clients is not authorised by the FCA but has been targeting people in…

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sec building
November 22, 2016 BY Valentina Kirilova

Chief Litigation Counsel Matthew C. Solomon to leave SEC

The Securities and Exchange Commission (SEC) has announced that Matthew C. Solomon, the Chief Litigation Counsel for the SEC’s Enforcement Division, will leave the agency early next month. Mr. Solomon has led the Enforcement Division’s litigation program since September 2013, managing cases pending both in federal courts and administrative proceedings at the Commission. The trial…

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November 22, 2016 BY LeapRate Staff

Bitcoin and Forex investment firm Xmaxbit showing forged corporate documents: IFSC

Belize financial regulator International Financial Services Commission (IFSC) has issued a warning against Forex and Bitcoin investment company Xmaxbit, operating from website xmaxbit.com. It has come to the notice of the IFSC that Xmaxbit is falsely and fraudulently claiming to be an International Business Company registered in Belize. The IFSC warns that the Certificate of…

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November 21, 2016 BY admin

Exclusive: Q & A with trading advisory and educators LiveTraders.com

We recently caught up with one of the co-founders of LiveTraders.com, Mr. Anmol Singh, who discussed working with traders within the company’s live trading chatroom and education service. The website helps retail traders looking to try their hand at stocks, forex or options trading. The site reports to have worked with over 1,000 traders since…

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November 21, 2016 BY admin

Spotware announces updates to cTrader including scaling stops and improved GUI

Forex platform developer and technology company Spotware Systems today officially announced updates to cTrader for Windows for November 2016. These updated features are now available in cTrader for Windows. The new features include the following: Smart Stop Out A new Stop Out logic has been introduced to cTrader. No longer are entire positions closed to help…

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November 21, 2016 BY admin

Founding member Goldman Sachs leaves blockchain consortium R3

Just announced today, global investment banking giant Goldman Sachs Group Inc (NYSE: GS) has left the R3 distributed ledger technology consortium it helped to found two years ago, reported by the Wall Street Journal (WSJ). The multinational finance company was one of nine original members of R3. The consortium however continues to build momentum since its…

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Deutsche Börse
November 21, 2016 BY Valentina Kirilova

Deutsche Börse to launch new SME-segment to facilitate access to growth capital for enterprises

On 1 March 2017, Deutsche Börse will launch a new exchange segment designed to enhance access to investors and growth capital for smaller and medium-sized enterprises (SMEs). As a segment of the exchange-regulated market, it will replace the Entry Standard for equities and corporate bonds. The General Standard and the Prime Standard will remain as…

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