October 14, 2016 BY Valentina Kirilova

ESMA and IFRS Foundation strengthen cooperation

The European Securities and Markets Authority (ESMA) and the IFRS Foundation have announced an updated set of protocols under which the two organisations will deepen their cooperation on the development of IFRS Standards and support for their consistent application across the European Union. The mission of the IFRS Foundation, through its standard-setting body, the International Accounting…

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October 14, 2016 BY Valentina Kirilova

FCA warns on BD CTLY Limited 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 BD CTLY Limited. BD CTLY Limited is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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October 14, 2016 BY Valentina Kirilova

BSO connects US financial market with low latency global network with two more PoPs in North America

BSO, the global Ethernet network, cloud and hosting provider, has announced two more Points of Presence (PoP) in North American data centers in Los Angeles and Virginia. This investment provides BSO customers on both coasts with a single point of entry to the provider’s global network. BSO has expanded into CoreSite’s One Wilshire (LA1) in Los…

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October 14, 2016 BY Valentina Kirilova

Bats reports strong September data, including 11.7% U.S. options market share

Bats Global Markets, Inc. (Bats: BATS) has reported September data and highlights, including its second-best month on record for its U.S. options business, with 11.7% market share. Highlights for September include: Announcing a transaction agreement with CBOE Holdings under which CBOE will acquire Bats to create one of the largest market operators around the globe. Remaining…

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October 14, 2016 BY Valentina Kirilova

CySEC suspends ‘fast track’ examination scheme for the examination of applications for authorisation

The Cyprus Securities and Exchange Commission (CySEC) has informed that it has decided to suspend the ‘fast track’ examination scheme for the examination of applications for authorisation. The commission has reached the relevant decision due to the exceedingly large number of applications received for participation in the scheme. As a result, the commission will process…

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October 14, 2016 BY Valentina Kirilova

FCA warns on clone firm of Carlease Ltd

The UK Financial Conduct Authority has put out details of the cloned firm Carlease Ltd. 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…

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October 14, 2016 BY Valentina Kirilova

Fluent Trade Technologies rolls out EBS Live Ultra connectivity globally to clients

Fluent Trade Technologies, a low-latency connectivity and risk management provider for the foreign exchange market, has welcomed the arrival of the new EBS Live Ultra spot FX data feed, and is actively connecting EBSBrokerTec clients to the new service. Interdealer broker ICAP plc (LON:IAP)’s electronic foreign exchange and fixed income business EBSBrokerTec has introduced the real-time…

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October 14, 2016 BY LeapRate Staff

Bjorn Krog Andersen named Chairman of new Binary Options industry association EUBOA - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned that the newly formed European Brokers Association (EUBOA) has named Bjorn Krog Andersen (pictured at left) as the Chairman of the association. Mr. Andersen was Senior Vice President, Legal and Compliance at Saxo Bank for the past six years, before leaving the Denmark-based multi-asset broker about six months ago. He joined Saxo Bank…

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