September 20, 2016 BY Mike Fox

Sam Ruiz leaves his Non Executive Director post at ADS Securities London

LeapRate 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…

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September 20, 2016 BY Mike Fox

SEC awards $4 million to whistleblower

The 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…

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September 20, 2016 BY Mike Fox

FXCM enhances its API technology services

FXCM (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.…

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September 20, 2016 BY Mike Fox

London Capital Group chooses SSE Enterprise telecoms for network resilience

SSE 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…

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September 20, 2016 BY Mike Fox

Rakuten Securities HK launches new trading platform

Rakuten 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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September 20, 2016 BY Mike Fox

Banks partner with R3 and Axoni to explore blockchain for financial data

Seven buy-side and sell side firms, including AB (Alliance Bernstein), Citi, Credit Suisse and HSBC, have collaborated with financial innovation companies R3 and Axoni to explore how blockchain technology could simplify reference data processes. The group, working with R3 and Axoni through the Securities Industry and Financial Markets Association (SIFMA), recently completed a multi-month proof…

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September 20, 2016 BY Mike Fox

Key2Options Partners with Tradier Brokerage

Backtesting and trading strategy platform Key2Options announced its integration with Tradier Brokerage, the cloud-based financial services company. The partnership allows Key2Options customers to make an unlimited amount stock and options trades without fees and commissions. "Key2Options was started on the basis of two fundamental beliefs. We wanted to create simplicity and value," said, Ashok Yarlagadda, CEO…

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September 20, 2016 BY LeapRate Staff

UK bankruptcy law flaw preventing Alpari UK administrator KPMG from distributing more funds - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned that Alpari UK bankruptcy administrator KPMG is unable to make final distributions to former clients of the failed retail forex broker without further court consent, due to a gap in UK bankruptcy rules. FCA-regulated Alpari UK went belly up immediately following the surprise Swiss Franc spike of January 15, 2015 -…

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