August 30, 2016 BY LeapRate Staff

Invast promotes Jon Leung and James Alexander to boost its PurePrime FX institutional services

Invast Global, the ASIC-regulated Australian-based offshoot of leading Japanese brokerage Invast Securities Co. Ltd. (TYO:8709), has promoted two C-level executives with an eye to further expanding its FX prime services offering, PurePrime. Joining Invast CEO Gavin White at the top management table will be Jon Leung and James Alexander. White, Leung and Alexander know each other…

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August 30, 2016 BY LeapRate Staff

Australia's ASIC comes out in favour of digital Robo Advice for retail investors, issues guidelines

Australia financial regulator ASIC has released guidance on regulating digital advice to retail investors and traders. Digital advice (also known as ‘robo-advice’ or ‘automated advice’) is the provision of automated financial product advice using algorithms and technology and without the direct involvement of a human adviser. It can comprise general or personal advice, and range from advice that is…

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August 30, 2016 BY Mike Fox

Jersey joins Single Euro Payments Area (SEPA)

Jersey has recently become part of the geographical scope of the direct debit and credit transfer schemes of the Single Euro Payments Area (SEPA) administered by the European Payments Council. Banks in Jersey are now able to apply to join the SEPA schemes. However, participation in the SEPA schemes is not mandatory: whether to join…

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August 29, 2016 BY Mike Fox

FxGrow launches new 'ECN VIP' trading account

Forex broker FxGrow offers trading accounts to suit the needs of any trader, even those with most complex requirements and expectations. Today announced is the latest addition with their new ECN VIP Account, as an ideal solution especially for elite traders, who trade large volumes and look for more sophisticated account features. Each ECN VIP account holder can benefit…

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August 29, 2016 BY LeapRate Staff

MetaQuotes changes MT4 chat interface to match popular messaging apps

Similar to what it has done with the MT5 app for iOS, forex trading platform developer MetaQuotes has announced that the latest MetaTrader 4 for iPhone/iPad features a completely new design of messages. MQL5.community messages and push notifications from the desktop platform are now displayed on the MT4 app as chats, similar to those used in popular messaging…

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August 29, 2016 BY LeapRate Staff

Binary options broker OneTwoTrade added to Hong Kong SFC's Alert List

Hong Kong financial regulator SFC has issued a warning regarding Up & Down Marketing Limited, the parent company of binary options broker OneTwoTrade. OneTwoTrade operates from website onetwotrade.com and shows having addresses at Cobalt House, Level 2, Notabile Road, Mriehel, Birkirkara BKR 3000, Malta and 6 Thomas More Street, London, E1W 1 YW, United Kingdom. According…

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