October 06, 2016 BY LeapRate Staff

Former Google executive Kevin Tunney replaces Marc Ellison as CMO of AxiTrader

LeapRate Exclusive... LeapRate has learned that leading Australian retail forex and CFD broker AxiTrader has made a change in its senior management ranks, adding Kevin Tunney (pictured at left) as its new global Chief Marketing Officer (CMO). Tunney joins AxiTrader from outside the Forex industry. Prior to joining AxiTrader, Tunney was Ecommerce Manager at premium eyeware…

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October 06, 2016 BY Valentina Kirilova

TOCOM reports 3.7% ADV drop MoM in September

The Tokyo Commodity Exchange (TOCOM) has announced that average daily volume for September 2016 was 85,496 contracts, down 3.7% MoM. Volume for TOCOM’s largest contracts was mixed; Dubai Crude Oil was up 5.5% to 19,849 contracts and Rubber was up 6.4% to 6,567 contracts while Gold Standard decreased 13.7% to 24,608 contracts. TOCOM Dubai Crude…

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October 06, 2016 BY Valentina Kirilova

Hong Kong SFC adds CW Associates to its alert list

Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…

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October 06, 2016 BY LeapRate Staff

Exness introduces improved Market Analytics for clients

Retail Forex broker Exness has announced that it has launched enhanced analytics for its trading clients, including earlier publication of data and analytics with greater depth. Exness recently unveiled that it had received an FCA license for its UK subsidiary, with plans to expand in Europe. Most of Cyprus-based Exness' current business is in the…

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October 06, 2016 BY Valentina Kirilova

Bats announces successful migration of BZX Options Exchange to next-generation matching engine

Bats Global Markets, Inc. (Bats:BATS), has announced the successful migration of its largest options exchange, BZX Options, to the company’s proprietary next-generation matching engine. The migration of BZX Options to the new technology was seamlessly completed without incident or impact to customers. On the final day of migration, September 29, 2016, 100% of active customers…

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October 06, 2016 BY Valentina Kirilova

ASIC launches new budgeting tool that speaks your language

The Minister for Revenue and Financial Services, The Hon. Kelly O’Dwyer has today launched ASIC's MoneySmart ‘Simple Money Manager'. The Simple Money Manager is a free online budgeting resource designed to help culturally and linguistically diverse (CALD) Australians with everyday budgeting to take control of their finances. ASIC has consulted a wide range of government…

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October 05, 2016 BY LeapRate Staff

Payoneer raises $180 million from TCV and Susquehanna to grow its cross-border payments platform

Digital payments platform provider Payoneer has announced today that it has completed the first closing of a significant growth equity financing totaling $180 million. Late stage venture capital investor Technology Crossover Ventures (TCV) led the round, and was joined by existing Payoneer investor Susquehanna Growth Equity. We had reported last year that Payoneer had raised $50 million,…

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