November 09, 2016 BY Valentina Kirilova

FCA warns on clone firm of UK Loans

The UK Financial Conduct Authority has put out details of the cloned firm UK Loans. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to scam…

Read more
techfinancials
November 09, 2016 BY Valentina Kirilova

TechFinancials Inc. announces issue of equity

TechFinancials Inc. (AIM: TECH), a technology provider to financial trading brokers, has announced that a former employee of TechFinancials has undertaken a cashless exercise of 79,845 options pursuant to the 2014 employee share option plan, to acquire 45,329 ordinary shares of US$0.0005 in the Company in consideration for the cancellation of the balance of 34,516…

Read more
November 09, 2016 BY Valentina Kirilova

David Plank appointed Head of Australian Economics

ANZ has announced that David Plank will join as Head of Australian Economics reporting to Richard Yetsenga, ANZ Chief Economist. Mr Plank joins ANZ from Deutsche Bank, where he held the positions of Head of Fixed Income and Credit Research Asia Pacific and Head of Macro Research and Strategy Australia & New Zealand. Prior to…

Read more
November 09, 2016 BY Valentina Kirilova

R3 partners with Monetary Authority of Singapore to launch Asia blockchain Centre of Excellence

Financial innovation firm R3 has collaborated with the Monetary Authority of Singapore (MAS) to launch its first distributed ledger technology (DLT) Center of Excellence in Asia as it continues to expand its presence in the region. As Singapore’s central bank and financial regulatory authority, the MAS will support the development of the R3 Asia Lab…

Read more
November 09, 2016 BY Valentina Kirilova

Moscow Exchange announces ups and downs for its 3Q 2016

Moscow Exchange (MOEX) has announced its financial results under International Financial Reporting Standards (IFRS) for the third quarter of 2016. Increases in fee and commission income from the Money Market, Fixed Income Market and Depository & Settlement Services partially offset lower interest income and allowed the company to maintain its best-in-class EBITDA margin. Key financial…

Read more
LCH ForexClear reduces notional outstanding by $4.5b through NDF clearing service
November 09, 2016 BY Valentina Kirilova

LCH clears over $1 trillion in inflation swaps notional

LCH, a global clearing house, has announced that its SwapClear service has cleared a total of $1 trillion in notional of inflation swaps since the service launched in April 2015. This achievement follows a significant increase in cleared activity on the buy and sell side following the implementation of non-cleared margin rules in September 2016.…

Read more
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…

Read more
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…

Read more
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%…

Read more