Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…
Read moreHong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…
Read moreUK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against Inter Global Limited firm, operating from website www.fx-inter.com. The firm has been providing financial services or products in the UK without FCA’s authorisation. FCA has warned that Inter Global…
Read moreGolan's dismissal becomes effective as of August 27. The company did not give a reason for his dismissal.
Read moreRetail forex broker Gain Capital Holdings Inc (NYSE:GCAP) reported its Q2 financial results today, showing a 6% QoQ decline in quarterly revenues to $108.3 million. On the bottom line, Gain still did pretty well in Q2, with EBITDA coming in at $$27.6 million (down 13% from $31.8 million in Q1), and net income actually up slightly…
Read moreThe U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Barclays Capital, Inc. (Barclays), a Connecticut corporation headquartered in New York City which operates as a subsidiary of Barclays Group US, Inc, for failing to diligently supervise its officers’, employees’, and agents’ processing of exchange and clearing fees it…
Read moreLeading regulated retail forex broker FXTM today announced to its traders that, effective Wednesday, August 10, 2016, the broker will have new margin requirements for spot metals on all servers except Pro. The new requirements will be applied in case of any activity on the trading account (Opened, Closed or Modified Positions). Please compare the two…
Read moreVisa Inc. (NYSE:V) has announced a global financial education program at the Rio 2016 Olympic Games that will help Olympic athletes take control of their financial futures. The program, developed in partnership with the International Olympic Committee (IOC), will help current athletes, and those nearing sports retirement, to access resources that can build their financial skills…
Read moreThe focus for investors on Thursday was BoE's rate decision. UK interest rates have been cut from 0.5% to 0.25% and the Bank of England has reported that they could go even lower if the economy worsens. BoE has announced a range of measures to stimulate the UK economy, including a £100 billion scheme to…
Read moreAxiCorp Financial Services Pty Ltd, parent company of leading Australian retail forex and CFD broker AxiTrader, has announced that it has received an investment from private equity firm RGT Capital. Neither party gave much in terms of details of the transaction. However LeapRate has learned that it was a multi million dollar investment for a…
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