President Trump effect: Equity markets down 4-5%, Gold and Bitcoin up 3%, EURUSD up 2%… LeapRate

November 09, 2016 BY LeapRate Staff

President Trump effect: Equity markets down 4-5%, Gold and Bitcoin up 3%, EURUSD up 2%...

Well it looks like the bookmakers (and their betting clients) got it wrong. Again. Less than six months after bettors were solidly predicting a #Remain victory in the UK Brexit vote, down-to-the-wire predictions based on political binary betting at UK oddsmakers such as Paddy Power and IG Group Holdings plc (LON:IGG) - giving Hillary an 80%+…

November 09, 2016 BY LeapRate Staff

Tickmill becomes latest Retail Forex broker to receive an FCA license

LeapRate Exclusive... LeapRate has learned that Retail Forex broker Tickmill has successfully received a license from UK regulator the Financial Conduct Authority (FCA) for its UK entity, Tmill UK Limited. Tickmill has grown to date to the $50 billion per month volume range as a Seychelles regulated broker, focusing mainly on markets in the Far…

November 09, 2016 BY admin

Valutrades chooses iSignthis for customer on-boarding

iSignthis Ltd (ASX:ISX) has announced today its latest global brokerage sign up as the firm has entered into an agreement with UK FCA regulated Valutrades, which offers FX & CFD trading. Highlights: ISXPay to process payments to Valutrades nominated acquirers iSignthis to remotely verify Valutrades customers Valutrades to meet the EU's 4th AML Directive and…

November 09, 2016 BY admin

SGX total FX volume down 11% MoM in October, renminbi contracts continue strength

Today, Singapore Exchange (SGX) one of Asia’s leading and trusted market infrastructures reported October volume metrics. Overall, the exchange reported down numbers as you can read below, as traders and investors have taken a wait-and-see approach to the markets. For currencies, total FX Futures volume came in at 499,028, down 11% month-on-month and up 5%…

November 09, 2016 BY LeapRate Staff

Australia's Cash Converters pays $12 million in fines and refunds following ASIC investigation

Australia's financial regulator ASIC has announced that, following an ASIC investigation, payday lender Cash Converters will refund $10.8 million to consumers who received small amount loans under approximately 118,000 small amount credit contracts. Cash Converters has also paid a $1.35 million penalty following the issuing of infringement notices by ASIC. ASIC has agreed to accept…

Coinbase adds Stellar Lumens (XLM) on its professional trading platform

November 08, 2016 BY admin

Cryptocurrency exchange Coinbase debuts upgraded website

Today, digital asset exchange and solutions provider Coinbase unveiled a redesigned Coinbase website. Originally built as a simple bitcoin wallet, the new Coinbase.com now takes significant strides toward becoming a fully-featured digital asset platform. Back in July, the company added support for Ethereum, which now accounts for nearly 15% of trading volume on Coinbase. With the…

November 08, 2016 BY LeapRate Staff

Last minute betting money coming in heavily for Hillary

As US voters head to the polls today with voter turnout fairly strong in key swing states, last minute UK bettors seem to be putting their money solidly on a Hillary Clinton victory. UK bookmakers' odds on Hillary are dropping today to the 1:5 range, indicating that bettors are calculating an 83% chance of a…

November 08, 2016 BY admin

Intercontinental Exchange appoints Jonathan Reeve as Global Head Of Connectivity & Consolidated Feed Businesses

Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that Jonathan Reeve has been appointed Global Head of ICE Data Services’ Connectivity and Consolidated Feed businesses. Reeve will report to Lynn Martin, President and Chief Operating Officer of ICE Data Services, and will…

November 08, 2016 BY admin

CME S&P 500 Wednesday Weekly Options reaches new volume record

CME Group Inc (NASDAQ:CME) just announced a new record breaker today with Wednesday Weekly S&P 500 Options achieving a new daily record. Wednesday Weekly S&P Options reached a new volume record of 128,060 contracts yesterday...Monday, November 7th. The previous record came just the prior business day on Friday, November 4th. This is the first time…

November 08, 2016 BY admin

Financial data provider Xignite now offers license to company’s Market Data Cloud platform

Xignite, Inc., a San Francisco headquartered provider of cloud-based financial data Application Programming Interfaces (APIs) announced today the ability to license the company’s Market Data Cloud platform. The Xignite Market Data Cloud is a cloud-based market data distribution solution that helps exchanges and financial data vendors distribute their data via massively scalable APIs from the…