AFM imposes an order for incremental penalty payments on financial adviser Sturz LeapRate

AFM imposes an order for incremental penalty payments on Miscanthus Green Power B.V.

December 01, 2016 BY Valentina Kirilova

AFM imposes an order for incremental penalty payments on financial adviser Sturz

The Netherlands Authority for the Financial Markets (AFM) imposed an order for incremental penalty payments of €2,000 per business day on Alfred Sturz, trading under the name of Sturz Financieel Advies in Zoetermeer. Sturz operates a financial consultancy, licensed by the AFM. Being under the supervision of the AFM, Sturz is required to complete the…

December 01, 2016 BY LeapRate Staff

5 tips for designing landing pages that convert

Here are some easily implemented tips that are proven to amplify the number of conversions that your website will be able to produce, courtesy of Yael Warman from Leverate. So you’ve just registered your forex brokerage. Congratulations! But before you pop open the champagne, let’s give a thought to what your landing page, the front…

December 01, 2016 BY Valentina Kirilova

Neil McDonald appointed OANDA Head of Trading

OANDA, an online multi-asset trading services company, has announced that Neil McDonald has joined the firm as Global Head of Trading and Quantitative Analytics. Based in New York, Neil McDonald will be responsible for driving the strategic growth of OANDA’s electronic trading business as well as leading the global trading, quantitative analytics, and research groups. Ed…

December 01, 2016 BY Valentina Kirilova

NZX Stock Exchange resolves all Ralec matters

The NZX Stock Exchange (NZX:NZE) has announced it has settled all outstanding matters regarding the NZX Ralec litigation following the High Court’s decision released 16 November 2016. As a result, there will be no appeal by either party of the High Court’s decision. The litigation related to the acquisition of the Clear Grain Exchange from…

December 01, 2016 BY LeapRate Staff

Why CySEC is right to ban bonuses and stop pressure selling

LeapRate broke the story of CySEC's plan to ban bonus schemes provided as enticements to retail traders more than a week ago. When CySEC formally announced their plans yesterday, which also covers leverage limits and withdrawal procedures, initial industry reaction was swift. Although different constituencies had different opinions, one thing was clear - this is going…

December 01, 2016 BY Valentina Kirilova

FCA warns on Templegate Investment Ltd 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 Templegate Investment Ltd. Templegate Investment Ltd is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

December 01, 2016 BY LeapRate Staff

CFH Clearing partners with Beeks Financial Cloud for HK1 Point of Presence

FCA regulated interbank prime of prime liquidity provider CFH Clearing has announced a partnership with Beeks Financial Cloud to set up a Point of Presence (POP) at HK1 in Hong Kong. The HK1 POP will enhance connectivity for CFH Clearing and its clients in Asia and allow brokers to cross connect via fibres in Equinix…

December 01, 2016 BY Valentina Kirilova

New way to make deposits of funds with Alpari for Vietnamese clients: Baokim

FX broker Alpari Limited has notified that is launching a new means to make deposits to trading and transitory accounts for its Vietnamese clients. Clients can now transfer money using the Baokim payment system. As Alpari announced, Baokim is a quick, simple and dependable way to make transfers, offering a variety of means to transfer…

December 01, 2016 BY Valentina Kirilova

FCA warns on clone firm of Algo Capitals

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Algo Capitals. Canada’s leading securities regulator, the Ontario Securities Commission (OSC), has already issued a warning against UK-based Algo Capitals Limited, operating as AlgoCapitals. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that…

December 01, 2016 BY Valentina Kirilova

Belize regulator IFSC warns on Floral Investment Ltd firm

The International Financial Services Commission of Belize (IFSC) has notified that an entity calling itself ‘Floral Investment Ltd.’ is falsely and fraudulently claiming to be an International Business Company (IBC) incorporated in Belize and to be licensed by the IFSC, stating to be registered at #7 New Road, Belize City, Belize, C.A. The Certificate of…