October 10, 2016 BY Valentina Kirilova

Deutsche Bank shares plunge after no deal reached with the U.S. Department of Justice

Deutsche Bank (DBKGn.DE) shares fell more than 3% early Monday after Chief Executive John Cryan failed to secure a speedy deal with the U.S. Department of Justice (DoJ) at the weekend over the misselling of mortgage-backed securities. Cryan was attending the International Monetary Fund and World Bank's autumn meetings in Washington, hoping that he might personally negotiate down…

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October 10, 2016 BY Valentina Kirilova

Exegy adds FX veteran Scott Wilson to sales team

Exegy Inc., a St. Louis based provider of high-performance market data normalization and distribution solutions, has announced the addition of Scott Wilson to its team of senior account managers. Wilson has global responsibilities for sales of Exegy products and services for electronic currency markets, reporting directly to chief operating officer Rod Arbaugh, who commented on…

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October 10, 2016 BY Valentina Kirilova

FXecosystem expands in Asia with new Singapore office and Equinix SG1 POP

FXecosystem, a provider of institutional and retail FX outsourced connectivity services, has announced expansion into Asia, with the opening of its regional headquarters in Singapore and a point of presence (POP) in the prestigious Equinix (Nasdaq: EQIX) SG1 Singapore data centre. The expansion accommodates current retail and institutional client requirements and underpins FXecosystem’s strategy for growth…

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OSC
October 10, 2016 BY LeapRate Staff

Canadian regulator OSC warns against unregulated retail forex broker CFD Capital Markets / Apex One Trading

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 CFD Capital Markets (at website cfdcapmkt.com), and Apex One Trading  (at website apexonetg.com). The OSC actually issued two separate warnings - possibly not realizing that CFD Capital Markets…

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October 10, 2016 BY Valentina Kirilova

SafeCharge adds former PayPal and Visa executives to its Board of Directors

Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has announced the appointment of Robert Caplehorn and Jeremy Nicholds as non-executive directors of the Company and the concurrent retirement of Ed Warner from the Board. Mr Caplehorn, who has been previously Vice-President of Legal Global Operations for Paypal Holdings Inc (NASDAQ:PYPL), is a dual qualified lawyer…

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October 10, 2016 BY Valentina Kirilova

ASIC permanently bans former Tasmanian financial adviser

ASIC has permanently banned former Hobart financial adviser Troy Andrew Rodney Williams from providing financial services. Mr Williams, of Sandy Bay, is a director and former financial adviser at Hobart financial planning business, Directions Wealth Management. Mr Williams was authorised to provide financial advice as a representative of Financial Services Partners Pty Ltd (FSP), a…

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October 10, 2016 BY LeapRate Staff

Why is the FTSE 100 pushing record highs as the GBP drops?

anyoption analyst Joshua Rodriguez takes a look at the different directions UK equities and the UK's currency are going, especially in light of last week's British Pound flash crash. For more of Joshua's research see the anyoption blog. [divide] The FTSE 100 (INDEXFTSE:UKX) had an incredible week last week, and for good reasons. Concerns with regard…

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October 09, 2016 BY LeapRate Staff

Former ADS Securities analyst Nour Eldeen Al-Hammoury gets new TV gig at Sky News Arabia

Sky News Arabia has announced the appointment of Nour Eldeen Al-Hammoury, a leading independent market strategist and analyst. Al-Hammoury joins the broadcaster as a Business Analyst and Presenter, providing daily segments and offering in-depth analysis of the latest regional and global economic developments. Prior to joining Sky News Arabia, Al-Hammoury spent over ten years as…

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October 09, 2016 BY LeapRate Staff

Forex Industry Week Review: Belgium FX ban backfires, ZuluTrade exits US, LMAX layoffs, and lots more…

In a week which will be mostly remembered for the British Pound Flash Crash, Forex Industry News at LeapRate seemed to center on one of the underlying themes driving the sector in recent months - over-reaction of regulators. There certainly is need to regulate the online trading sector. However regulators demonstrated once again that when they…

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