July 11, 2016 BY Valentina Kirilova

Thomson Reuters adds EBS to its Post-Trade Network

Thomson Reuters has added FX platform EBS to its post-trade network as part of its drive to improve market efficiency through provision of a venue-agnostic trade notification service. EBS joins more than 2500 other publishers and receivers on Thomson Reuters Trade Notification (TRTN) which enables EBS to offer complete straight through processing to its clients.…

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July 11, 2016 BY Valentina Kirilova

The new Pokemon Go caused Nintendo shares to soar

For so many years Nintendo has kept flagship characters like Super Mario and Zelda away from smartphones. Now the company turned away from tradition as they released Pokemon Go, a game app creating an augmented reality world, allowing you to catch creatures and relive childhood memories directly on the same device you use to make…

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July 11, 2016 BY Mike Fox

Americas to dominate the global algorithmic trading market until 2020

Technavio, a London based global technology research and advisory company in its latest report concludes that the global algorithmic trading market is expected grow at a compound annual growth rate (CAGR) of more than 10% during the forecast period. In the report, Technavio covers the market outlook and growth prospects of the global algorithmic trading market for 2016-2020. To…

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July 11, 2016 BY LeapRate Staff

Myfxbook allows its CySEC CIF license to lapse

Cyprus financial regulator CySEC has announced that the CIF license of social trading site Myfxbook.com has lapsed (CIF # 255/14). Myfxbook had originally received a CIF license back in late 2014, when it was becoming apparent that European regulators were going to crack down on unlicensed social, copy, and autotrading websites, as well as 'trading…

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July 11, 2016 BY LeapRate Staff

JP Morgan sells remaining stake in SafeCharge as SCH shares continue downward

LeapRate Exclusive… LeapRate has learned from regulatory filings made by payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) that global bank JPMorgan Chase & Co. (NYSE:JPM) has sold its remaining stake in the company (or, down to what SafeCharge called 'no longer a notifiable interest in the company'). JPMorgan had taken a 7.43% stake in SafeCharge late…

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BCSC warning
July 11, 2016 BY LeapRate Staff

Canadian regulator BCSC warns against binary options broker BigOption

Canadian securities regulator the British Columbia Securities Commission (BCSC) has issued a warning to investors regarding binary options broker BigOption (at website bigoption.com), operated by Wirestech Limited. Most of warnings of this type involved unauthorized advertising to or contact with retail investors in Canada by unlicensed brokers, and this one is no different. According to the…

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July 10, 2016 BY LeapRate Staff

Forex Industry Week Review: TempletonFX launch, ThinkForex-ThinkMarkets rebrand, exec departures at UK FX brokers, and lots more...

Forex Industry News this week was again headlined by several stories seen exclusively on LeapRate (some of which were later copied on other blogs). There was definitely a UK focus to our coverage this week. LeapRate broke the news of FCA and ASIC regulated retail forex broker ThinkForex rebranding its operations to ThinkMarkets, including the launch of a…

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July 08, 2016 BY LeapRate Staff

SafeCharge initiates £1 million share buyback as its stock continues downward - LeapRate Exclusive

LeapRate Exclusive… LeapRate has learned from regulatory filings made by payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) that the company has recently bought back 500,000 of its own shares on the open market. The shares were purchased at an average price of £1.90, for a total cost to SafeCharge of £900,000 (before…

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