October 11, 2016 BY LeapRate Staff

Miton Group plc takes 5.3% stake in SafeCharge

LeapRate has learned from regulatory filings made in the UK that London-based investment management firm Miton Group plc has taken a 5.3% stake in payments services and technologies provider SafeCharge International Group Ltd (LON:SCH). Miton Group currently owns 8,058,577 SafeCharge shares, worth £17.7 million. Miton now becomes the second largest shareholder in SafeCharge after controlling shareholder…

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October 11, 2016 BY Valentina Kirilova

ThinkMarkets expands access to liquidity through VertexFX Cloud

ThinkMarkets, a global multi-asset brokerage, have collaborated with VertexFX Cloud, the trading platform developed by Hybrid Solutions, to offer wider access to ThinkMarkets’ liquidity platform. The move comes as part of ThinkMarkets’ drive to become an agnostic platform liquidity provider. The agreement allows ThinkMarkets to offer traders VertexFX Cloud, a fully functional cloud-based trading platform…

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October 11, 2016 BY Valentina Kirilova

FCA warns on clone firm of Swiss Partners AG

The UK Financial Conduct Authority has put out details of the cloned firm Swiss Partners AG. 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…

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October 11, 2016 BY Valentina Kirilova

Avelacom partners with Dubai Gold & Commodity Exchange to speed up trading and more

Avelacom, a global network service provider, has announced that has entered into a new partnership with Dubai Gold & Commodity Exchange (DGCX). The partnership expands options for financial services industry to speed up their trading and identify new arbitrage trading opportunities across key financial and commodity derivatives markets. Avelacom will provide DGCX members with added…

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October 11, 2016 BY Valentina Kirilova

FCA warns on Apex UK Loan 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 Apex UK Loan. Apex UK Loan is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities…

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October 11, 2016 BY Valentina Kirilova

Italy regulator CONSOB warns against unregulated retail forex broker FXGlory

Italy’s financial markets regulator National Commission for Companies and the Stock Exchange (CONSOB) has issued a public warning against Forex firm FXGlory Ltd. The company is offering its services via www.fxglory.com. The Italian regulator notes that FXGlory Ltd is not authorized to offer investment services in Italy in any way, including via the above-mentioned website. Italy’s CONSOB…

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October 10, 2016 BY Valentina Kirilova

ESMA publishes new Q&A on investor protection under MIFID II

The European Securities and Markets Authority (ESMA) has published a Questions and Answers (Q&A) document regarding the implementation of investor protection topics under the Market in Financial Instruments Directive and Regulation (MiFID II/ MiFIR). MiFID II will enter into application on 3 January 2018 and will strengthen the protection of investors by both introducing new…

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