The U.S. Securities and Exchange Commission today announced that Morgan Stanley Smith Barney LLC, a division of Morgan Stanley (NYSE:MS), has agreed to pay a $1 million penalty to settle charges related to its failures to protect customer information, some of which was hacked and offered for sale online. The SEC issued an order finding…
Read moreOnline gaming and trading provider Playtech PLC (LON:PTEC) has announced that it has hired Francesco Rodano, who will join Playtech's executive management team as the company's new Chief Policy Officer. Rodano was previously the Italian online gaming regulator at AAMS. He will be based in London, and report to Playtech CEO Mor Weizer. Rodano will…
Read moreTechFinancials Inc (LON: TECH), a software developer that supplies binary option trading solutions to online brokers, announced the establishment of a joint venture with the owners of Optionfortune Trade Limited, a company registered in Hong Kong which would be responsible for running a B2C binary options trading platform focused on the Asia Pacific region. Under the…
Read moreWestern Union has now enabled consumers in 29 countries to send money transfers to Cuba.
Read moreFairfx Group PLC (LON: FFX) a London based low-cost multi-currency payments service, has extended its international payments service into the domestic South African market through a tripartite agreement with Morgan West Ltd and Mercantile Bank. Services providing foreign exchange into South African Rand (ZAR) to send into South Africa are widely available. Converting ZAR into…
Read moreThe tool provides automated connectivity to global custodians, banks, clearing brokers and clearing houses in order to manage collateral across all asset types and instruments.
Read moreExness, a leading CySEC regulated Forex broker has published volume metrics for May 2016, with trading volumes rising 5% MoM to $173.9 bln from April's $165.6 bln. The annual comparison was down, with May 2015 volumes 20% higher than this year. Last year during this period, Exness recorded their highest volume months in company history with May 2015 seeing $217.6…
Read moreASIC and FCA regulated broker FXOpen has launched this week a free entrance demo competition called “CFD Open”. The contest is designed for traders who want to trade indices, oil and gas. Registration is now open to take part in the demo competition from June 13th to July 8th, 2016. CFD Open Facts and Figures: 1. contest dates: June…
Read moreIt seems that our coverage of the planned IronFX-FXDD-Nukkleus merger and reverse takeover has caused quite a stir in the Forex industry. After LeapRate first broke the news (at about 9:45am CET Monday), a number of other blogs seemed to pop up with me-too 'Exclusive' stories of their own on the subject, such as opinions…
Read moreFCA regulated online trading firm CMC Markets Plc (LON:CMCX) has made its first major financial results announcement as a public company since CMC's IPO back in February. And it is a good one. Before getting to the details of the results, we'd remind LeapRate readers that we can't really see yet the 'IPO effect' in the…
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