August 22, 2016 BY Valentina Kirilova

Octopus Investments launches fintech accelerator and more

UK fund management house Octopus Investments has launched a fintech accelerator to nurture 'product-ready' startups, alongside an inhouse development incubator. Applications for the 12-week accelerator program - providing the usual mix of mentoring and office space - are now open, with the £6 billion fund promising to invest or ‘spin-in’ successful cohort businesses. The inhouse…

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August 22, 2016 BY Valentina Kirilova

Bats Europe encourages industry harmonisation for MiFID II requirement for order record keeping

Financial exchanges operator Bats Global Markets Inc (BATS:BATS) has made available for testing on its platform its MiFID II compliant process for order record keeping, which the exchange is proposing as the industry approach to encourage harmonisation. Bats is also making available a range of enhancements to facilitate further user testing of their algorithms. To…

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August 22, 2016 BY LeapRate Staff

Nukkleus files Q2 financials including update on acquisitions of IronFX, FXDD, Forexware

Our coverage of the planned merger between publicly traded shell company Nukkleus Inc (OTCMKTS:NUKK) and regulated retail forex brokers IronFX and FXDD (as well as FX platform provider Forexware) has been met with a little bit of puzzlement and misunderstanding by our audience. Which is understandable. Mergers, reverse takeovers of public companies, technology licensing, and multi-stage…

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August 22, 2016 BY Valentina Kirilova

Weekly overview: Euro slips at $1.12830, Asian shares drop

Asian shares dropped on Monday, while the dollar index added 0.4% to 94.879, pulling away from its last week’s lowest mark since June 24. Global central bankers will join the annual mountain retreat opening on Thursday. Fed Chair Janet Yellen will also be taking part with a Friday speech. European markets opened quite lower on…

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August 22, 2016 BY Valentina Kirilova

Forexware delivers MetaTrader 5 Gateway to CQG

The MetaTrader 5 multi-asset platform has expanded its trading features: the gateway to CQG platform goes live following the recent release of the gateway to Interactive Brokers. The application developed by Forexware provides direct access to CME, CBOT, NYMEX, ICE, EUREX and dozens of other global exchanges. The range of instruments traded on the exchanges is…

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August 22, 2016 BY LeapRate Staff

PsyQuation adds experienced investment coach David Hobart to head consulting business

Behavioral profiling based trading tool provider PsyQuation has announced that David Hobart has joined the PsyQuation team to head up its Performance Consulting business. Hobart and PsyQuation plan to work with banks, Forex brokers, and investment firms to enhance investment returns for traders. PsyQuation is a robo trading coach that helps traders to generate more profits. Using machine learning…

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August 22, 2016 BY Valentina Kirilova

Merchant bank of Sri Lanka chooses Fiserv for new core banking and front-end teller systems

Payments and processing technologies and solutions provider Fiserv Inc (NASDAQ:FISV) has announced that Merchant Bank of Sri Lanka & Finance PLC (MBSL) has selected the Signature core account processing platform and Teller front-end teller system from Fiserv. In January 2015, the MBSL PLC finance company, Sri Lanka's pioneer merchant bank, merged with two subsidiaries, MBSL…

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August 19, 2016 BY LeapRate Staff

FXCM statement: CFTC action 'unfortunate and disappointing'

As we said they would, retail forex broker FXCM Inc (NYSE:FXCM) has issued a formal statement in reply to yesterday's news that the CFTC was now charging FXCM with undercapitalization related to the 2015 Swiss Franc spike - more than a year and a half after the event, and after the issue had been rectified. And, as…

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