October 13, 2016 BY Valentina Kirilova

Four trading venues establish Electronic Debt Markets Association (EDMA Europe)

The electronic trading platforms BrokerTec Europe Ltd, MarketAxess Europe Limited, MTS Group and Tradeweb Europe Limited, have announced the launch of the Electronic Debt Markets Association Europe (EDMA Europe). EDMA Europe was created to represent the interests of companies whose primary business is the operation of regulated electronic fixed income trading venues in Europe. EDMA Europe will…

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October 13, 2016 BY Valentina Kirilova

FCA warns on Federated Mutual Insurance UK 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 Federated Mutual Insurance UK. Federated Mutual Insurance UK is not authorised by the FCA but has been targeting people in the UK and is also carrying…

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October 13, 2016 BY Valentina Kirilova

MAMM plugin for MT5 now available for asset management in financial markets for brokers and professional traders

Plugit Apps Business Solution provider has released an asset management automation service integrated with the MetaTrader 5. MetaTrader 5 PLG Multi-Asset Management Module (MAMM) is a special server-side plugin with a web interface designed for brokers and professional asset managers. The application simplifies and optimizes the interaction between a money manager (Master) and an investor…

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October 13, 2016 BY LeapRate Staff

SeerScanner event driven market scanner integrated by trading education provider ProAct Trader

Liverpool-based Seer Trading Systems Ltd. has announced that trading education provider ProAct Trader is now offering Seer's SeerScanner as part of its trading training product suite. SeerScanner is a custom white label, market event driven market scanner for Forex Educators. SeerScanner is a white label, HTML5 solution for easy integration into any website or HTML5 compliant…

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October 13, 2016 BY Valentina Kirilova

ASIC cancels the Australian Financial Services licence of Macro All State Investments & Securities Limited

ASIC has cancelled the Australian Financial Services (AFS) licence of Western Australian-based Macro All State Investments & Securities Limited. In general, the Macro AFS licence allowed Macro to: provide general financial product advice; deal in a financial product, issue or vary a financial product; apply for, acquire, dispose of financial products on another's behalf; operate…

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October 13, 2016 BY LeapRate Staff

Deutsche Bank hit with $9.5 million SEC fine for not safeguarding material non-public information

Adding to its recent woes, German banking giant Deutsche Bank AG (FRA:DBK) unit Deutsche Bank Securities has agreed with the U.S. Securities and Exchange Commission (SEC) to pay a $9.5 million penalty for failing to properly safeguard material nonpublic information generated by its research analysts. Deutsche Bank also published an improper research report and failed to…

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October 12, 2016 BY Valentina Kirilova

ESMA's golden aspirations

To achieve MiFID II’s aim of greater transparency, having a proper golden source of instrument data is key for every market participant. Fortunately, under the new rules, ESMA is required to publish a list of all financial instruments traded on all trading venues and systematic internalisers, enriched with useful, related information such as MiFIR transparency…

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