Hong Kong's Securities and Futures Commission’s (SFC) Enforcement Division announced they are investigating a number of cases of SFC licensed brokerages with suspected inadequate anti-money laundering (AML) internal controls and it expects to bring a number of enforcement proceedings as a result. The SFC wants to draw the attention of licensees that they are expected…
Read moreFCA regulated retail forex and CFD broker ThinkMarkets has announced the renewal of their £1 million additional customer insurance protection. The industry standard requires all FCA regulated brokers to offer their clients a minimum of £50,000 in accordance with the Financial Services Compensation Scheme (FSCS). ThinkMarkets have committed to renew their additional offer of £1 million protection…
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LeapRate Exclusive Interview... We've reported quite a lot over the past few months about the ever-crowded UK online trading market, which has seen a number of new entrants lately. However most of those didn't arrive already doing in the neighborhood of $200 billion a month in volumes. After reporting recently on Cyprus-based Exness establishing a…
Read moreSWIFT has assigned the Premier certification status to the Service Bureau of National Settlement Depository (NSD), Russia’s central securities depository. NSD’s Service Bureau has become the first bureau to receive this status in Eastern Europe. Compliance with Premier status requirements lets NSD guarantee its clients the maximum level of safety and reliability when using NSD…
Read moreOne thing is sure: it is very difficult for the Bank of Japan to surprise today’s markets.
Read moreLeapRate learned today that financial industry veteran Mr. Samuel John Ruiz has been officially terminated from his position as Non Executive Director of Forex brokerage ADS Securities London. Mr. Ruiz served on the board from February 2015 to September 2016. According to his Linkedin profile Mr. Ruiz has a new important gig taking up most…
Read moreThe Securities and Exchange Commission today announced an award of more than $4 million to a whistleblower whose original information alerted the agency to a fraud. The SEC’s whistleblower program has awarded more than $111 million to 34 whistleblowers since its inception in 2011. By law, the SEC protects the confidentiality of whistleblowers and does…
Read moreFXCM (NYSE: FXCM), a global online provider of forex trading (FX), Contract for Difference (CFD), and related services, announces its latest enhancements to its API technology services. FXCM's global success is rooted in consistent innovation around execution and technological capabilities - catering to thousands of live API accounts and continuously nurturing institutional third party partnerships.…
Read moreSSE Enterprise Telecoms – the UK’s leading provider of network infrastructure and data centre services, and part of the SSE group – today announced that it is providing leading online financial trading company, London Capital Group Holdings plc (LON: LCG), with ultra-resilient connectivity from its head office in Knightsbridge, London, to its two mission-critical data…
Read moreRakuten Securities Hong Kong Limited (Rakuten Securities HK) announced today Rakuten FX, a brand new forex account service for clients to trade through a proprietary trading platform. With the introduction of Rakuten FX, Rakuten is looking to affirm their leading position among online forex brokers in Hong Kong. "After the successful rebranding of Rakuten Securities…
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