Securities Commission Malaysia: New capital market initiatives
November 03, 2016 BY Valentina Kirilova

Malaysia to be the first country in the ASEAN region to regulate P2P financing

Securities Commission Malaysia (SC) has  introduced six registered Peer-to-Peer (P2P) financing platform operators in Malaysia to widen funding avenues for small and medium enterprises (SMEs). The six registered operators are B2B FinPAL, Ethis Kapital, FundedByMe Malaysia, ManagePay Services, Modalku Ventures and Peoplender. They are expected to be fully operational in 2017. This makes Malaysia the…

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gkfx trading
November 03, 2016 BY LeapRate Staff

GKFX raises $8 million looking at expansion and retail forex acquisitions - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned that FCA regulated Retail Forex and CFDs broker GKFX has raised £6.54 million (USD $8 million) in a series of transactions during the months of September and October. The money, most of which was formally raised late last week, was invested into GKFX by controlling shareholder Kasim Garipoglu, a 31-year-old Turkish investor…

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November 03, 2016 BY LeapRate Staff

Why your website sucks

More than a handful of Retail Forex brokers have a website which can be easily described by those dreaded two words: It sucks. Leverate's Yael Warman provides a few tips to improve your website's ability to create conversions, by focusing your efforts towards making minor but impactful changes. The worst thing (well at least one…

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November 03, 2016 BY Valentina Kirilova

FCA warns on My Money Solutions 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 My Money Solutions. My Money Solutions is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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Corda Network announces Board of Directors
November 03, 2016 BY Valentina Kirilova

China Foreign Exchange Trade System (CFETS) joins R3 distributed ledger consortium

Financial innovation firm R3 has announced the addition of China Foreign Exchange Trade System (CFETS), China’s official interbank market trading platform, to its consortium to design and apply distributed and shared ledger-inspired technologies to global financial markets. Headquartered in Shanghai, CFETS provides a series of services covering issuance, trading, information and post-trade for cash and…

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November 03, 2016 BY LeapRate Staff

UK online trading survey: IG leads, with CMC Markets, Plus500 and FXCM gaining in CFDs and FX

Australia based research house Investment Trends has released its 2016 UK Leverage Trading Report, an in-depth analysis of UK traders and investors’ attitudes and investing habits based on a large-scale survey of more than 12,000 UK investors conducted both before and after the Brexit vote. Not surprising, perennial industry giant IG Group Holdings plc (LON:IGG) remains…

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November 03, 2016 BY Valentina Kirilova

TMX Group introduces four letter trading symbols

TMX Group (TSX: X) has marked the first trading day for four letter stock symbols on Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV), an industry initiative designed to offer Canadian issuers and applicants greater choice in how they are identified and also to provide interlisted issuers with the opportunity to be uniformly represented…

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November 02, 2016 BY Mike Fox

Moscow Exchange Forex volumes dip 6.1% MoM

Moscow Exchange today announced trading volumes for October 2016. Total exchange trading volumes increased by 5.5% YoY to RUB 70.8 trln. The FX market cooled off both MoM and YoY. The Money Market posted the strongest growth, with volumes increasing by 59.4% YoY.  Open interest on the Derivatives market grew 32.1% YoY to RUB 728.4 bln.…

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