August 15, 2016 BY Valentina Kirilova

Bursa Malaysia enables multi-currency for fixed income instruments

Bursa Malaysia Berhad (Bursa Malaysia) has enabled multi-currency fixed income instruments in its web-based Electronic Trading Platform (ETP) to ensure the ongoing relevance of the platform for fixed income instruments. The ETP system is a centralised price and trade repository and dissemination for the primary and secondary bond market which provides an efficient and facilitative…

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August 15, 2016 BY Valentina Kirilova

Hong Kong SFC adds Rosan World Investment to its alert list

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…

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August 14, 2016 BY LeapRate Staff

Forex Industry Week Review: Markets.com canceling office space, IronFX-FXDD update, Ryan Gagne's $45M Whistleblower award, and lots more...

Some weeks our Forex Industry News ticker at LeapRate seems to be churning out the same ol' thing - volumes, financial results, broker fines, executive moves, new office here, new product there.... And some weeks, as Monty Python would say, it feels like And Now for Something Completely Different. Well it was one of those kinds…

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August 13, 2016 BY Mike Fox

Interactive Brokers to discontinue Forex margin trading for U.S. retail traders

Some late breaking news into the weekend as we found out that Interactive Brokers Group, Inc (NASDAQ: IBKR) has sent alerts to clients informing them of an update in their service plans for U.S. based Forex traders with the company. It looks like Interactive Brokers will restrict margin FX trading only to "Eligible Contract Participants", meaning those with…

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August 12, 2016 BY Mike Fox

FinCEN issues final due diligence rules and AML procedures for FCMs and IBs

The Financial Crimes Enforcement Network (FinCEN) today issued final rules relating to customer due diligence requirements that are applicable to futures commission merchant (FCM) and introducing broker (IB) Members. Under the new rules, FCM and IB Members will be required to identify and verify the identity of beneficial owners of legal entity customers. The final…

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August 12, 2016 BY Mike Fox

Jersey and Liechtenstein’s financial regulators sign MoU

The Jersey Financial Services Commission (JFSC) signed a Memorandum of Understanding (MoU) with the Liechtenstein Financial Market Authority (FMA) on 11 August 2016, which puts in place a formal mechanism to enable the regulatory authorities to co-operate on supervisory matters, exchange information and apply oversight of regulated firms in order to maintain the stability and…

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August 12, 2016 BY Mike Fox

Beta testing begins as TradingView to support OANDA

TradingView, the Chicago based advanced financial visualization platform today announced that it is continuing ramping up and adding more brokers. This time it’s well-known FX broker OANDA that you can trade with. TradingView went live with support for FXCM earlier in August, after LeapRate broke news earlier in the year that FXCM would be the first broker to…

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August 12, 2016 BY Valentina Kirilova

ItzCash joins RBL Bank for platinum Rupay prepaid wallet in India

India’s digital payments company ItzCash has announced that it has partnered with RBL Bank to launch the country’s first co-branded Rupay Platinum Prepaid Card. Rupay Platinum Prepaid Card is a multi-purpose prepaid wallet powered by the homegrown digital payments facilitator RuPay, will roll out a suite of prepaid services across physical and virtual platforms. Offering a compelling alternative…

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