October 07, 2016 BY LeapRate Staff

CFTC and FCA sign agreement to enhance supervision of cross-border regulated firms

The U.S. Commodity Futures Trading Commission (CFTC) has announced that CFTC Chairman Timothy Massad and Andrew Bailey, Chief Executive of the UK's Financial Conduct Authority (FCA), have signed a Memorandum of Understanding regarding cooperation and the exchange of information in the supervision and oversight of certain regulated firms that operate on a cross-border basis in…

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October 07, 2016 BY LeapRate Staff

Canadian regulator OSC warns against unregulated retail forex broker AlfaTrade

Continuing a string of warnings against forex and binary options brokers targeting traders in Canada, Canadian securities regulator the Ontario Securities Commission (OSC) has issued a warning to investors regarding AlfaTrade (at website alfatrade.com), and its parent company Nemesis Capital Limited. According to the OSC, AlfaTrade is not registered in Ontario, Canada to engage in the business of (i) trading…

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October 06, 2016 BY LeapRate Staff

anyoption expanding to Portfolio Management and Investment Advice with extended license - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned that Binary Options brokerage firm anyoption plans to significantly expand its product offering beyond binary options trading into more traditional portfolio management and investment advice. anyoption currently is one of the few regulated binary options brokerage operators. anyoption parent company Ouroboros Derivatives Trading Ltd has, as of September 26, extended its…

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October 06, 2016 BY Valentina Kirilova

Japan Forex giant GMO Click expanding to Thailand

GMO Click Holdings Inc (TYO:7177) plans to set up new unit GMO-Z com Trade Limited in Thailand in December. GMO Click shared that it strives to develop the internet financial-related businesses close to the home of the customer. Further, in order to sustainable growth, the company has been promoting business development overseas, this time in Thailand.…

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October 06, 2016 BY Valentina Kirilova

ESMA consults on MIFID II guidelines regarding trading halts

The European Securities and Markets Authority (ESMA) has issued today a public consultation regarding draft guidelines on trading halts under the Markets in Financial Instruments Directive (MiFID II). MiFID II provides that “Member States shall require a regulated market to be able to temporarily halt or constrain trading if there is a significant price movement…

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October 06, 2016 BY Valentina Kirilova

REDI launches next generation Spread Trader application

Trading technology pioneer REDI Global Technologies has announced today the launch of its advanced new Spread Trader. It is available immediately to all REDI clients globally. With Spread Trader, users can trade pairs of securities using a variety of market-neutral strategies – including ratio, risk arbitrage and relative price – designed to help maximize spread capture…

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October 06, 2016 BY Valentina Kirilova

Solactive launches Sustainable Development Goals Index - licensed to BNP Paribas

The innovative index provider Solactive has announced the launch of the Solactive Sustainable Development Goals World Index – a new index which enables investors to gain exposure to companies that have been identified as making a significant contribution to the advancement of the United Nations’ Sustainable Development Goals (SDGs). The bank plans to issue structured products tied to…

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October 06, 2016 BY LeapRate Staff

Social trading platform Collective2 looking to raise $5 million in private placement

LeapRate has learned that social and copy trading platform Collective2 is attempting to raise $5 million to grow its business, in a private placement with accredited investors. Collective2.com is a U.S. website that connects investors with traders. Collective2 was founded in 2001. It claims to have more than 90,000 registered users, with over $40 million dollars of investor…

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October 06, 2016 BY Valentina Kirilova

ESMA publishes updated AIFMD Q&A

The European Securities and Markets Authority (ESMA) has published an updated questions and answers document on the application of the Alternative Investment Fund Managers Directive (AIFMD). The Q&A includes one new question and answer on the commencement of periodical reporting pursuant to Article 13 of the Securities Financing Transactions Regulation for Alternative Investment Fund managers.…

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