CLS Asia’s Rachael Hoey: integrating Chinese yuan with global FX settlement system to take years LeapRate

May 04, 2016 BY LeapRate Staff

CLS Asia's Rachael Hoey: integrating Chinese yuan with global FX settlement system to take years

In her first interview since becoming head of FX settlement system CLS's Asia office in 2013, Rachael Hoey described talks with Chinese authorities as "constructive" and "positive" and said that the business CLS does in the region had grown significantly in that time. However Hoey told Reuters that actually integrating China's yuan with global settlement…

Read more

May 04, 2016 BY LeapRate Staff

CLS Asia's Rachael Hoey: integrating Chinese yuan with global FX settlement system to take years

In her first interview since becoming head of FX settlement system CLS's Asia office in 2013, Rachael Hoey described talks with Chinese authorities as "constructive" and "positive" and said that the business CLS does in the region had grown significantly in that time. However Hoey told Reuters that actually integrating China's yuan with global settlement…

Read more

May 04, 2016 BY Maria Nikolova

Updated CQG M app features options widget, heatmap style for quote boards

After releasing CQG M 2.1 in April, focusing on improvements on the phone, the team behind the solution is now bringing a raft of useful features in version 2.2, including an options widget and heatmap style for quote boards. Options widget This is CQG's first version of an options widget. It is modeled after the…

Read more

May 04, 2016 BY LeapRate Staff

SEC goes after unregistered brokers who pocketed $6 million of investor funds

Investor funds were used to pay mortgage and credit card bills, a car lease, college tuition - and Vegas, where at least $250,000 were lost at Las Vegas casinos.

Read more

May 04, 2016 BY Maria Nikolova

Central Bank of Ireland bans hurler Darren Gleeson from financial services industry

Over the past couple of years we have grown accustomed to the interconnections between various sports and investment activities. And while this combination has a nice side, such as sponsorships and charity campaigns, it has a downside too. The Central Bank of Ireland today announces the imposition of a ban from the financial industry on…

Read more

May 04, 2016 BY Maria Nikolova

Eurex Clearing connects Bloomberg as approved source for EurexOTC Clear

Eurex Clearing, a clearing house which is a part of Deutsche Boerse AG (ETR:DB1), today announces it has connected Bloomberg as an approved trade source for EurexOTC Clear, the Interest Rate Swaps Clearing offering of Deutsche Boerse. Thanks to the addition of Bloomberg, traders using Bloomberg’s electronic trading or post-trade voice confirmation systems are able…

Read more

May 04, 2016 BY LeapRate Staff

IKON Capital 2015 results: £343,000 Loss on £353,000 of Revenue

FCA regulated retail forex broker IKON Capital Limited had some success during 2015 building up its brand after a name change from Hub Capital in August 2015, but it has come at a cost. IKON Capital's revenues rose to £353,316 from just £96,000 in 2014, but the company still lost £342,641. IKON Capital management explained…

Read more

May 04, 2016 BY Maria Nikolova

ICE not to make acquisition bid for London Stock Exchange

A follow-up to LeapRate's earlier report about Intercontinental Exchange Inc (NYSE:ICE) considering a bid for London Stock Exchange Group Plc (LON:LSE)... ICE today announces that it has no current intention to make an offer for LSEG. ICE stated that following due diligence on the information made available, it determined that there was insufficient engagement to confirm…

Read more

May 04, 2016 BY Maria Nikolova

Updated MT4 app for iOS devices enhances security

MetaQuotes Software, the developer of the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, keeps courting the users of the MT4 and MT5 mobile applications. On Tuesday, a new version (4.0.947) of the MT4 application for iOS devices was released, with the enhancements in the latest update focusing on enhancing security. Now, users of…

Read more

May 04, 2016 BY Maria Nikolova

Belgium's FSMA adds more boiler rooms, recovery rooms to Warning List

Belgium's Financial Services and Markets Authority (FSMA) today warned the public against the activities of various "boiler rooms" and “recovery rooms” that are contacting Belgian consumers. The number of new additions to the Warning List exceeds a dozen, with the list including companies that exert pressure on customers to buy little-known shares or exotic financial…

Read more