July 18, 2016 BY LeapRate Staff
Social trading compliance in the EU
What are some of the platform features we can expect to see in the near future from regulation compliant social trading providers?
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July 18, 2016 BY Valentina Kirilova
ETFGI: ETF/ETPs listed in Asia Pacific ex Japan gathered $3 billion in net new assets in June 2016
After last week's report on ETFs/ETPs listed in Europe, ETFGI has given information that ETFs/ETPs listed in Asia Pacific ex Japan gathered US$3 billion in net new assets in June 2016, according to preliminary data from ETFGI’s June 2016 global ETF and ETP industry insights report. Record levels of assets were also reached at the end of June…
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July 18, 2016 BY Valentina Kirilova
Weekly overview: Ankara in control of the country and economy
The Turkish lira kept some balance, with the dollar down 2.75% at 2.9360 and reversing much of the gains it made on Friday when its highest was around 3.0476. Ankara commented that it was in control of the economy and the country. The crackdown on suspected supporters of the failed military coup was widened, taking…
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July 18, 2016 BY Mike Fox
FxPro sets trading to close only on Turkish lira
FCA and CySEC regulated broker FxPro informed clients today that as a result of the apparent attempted coup in Turkey and the increasing volatility across the markets, the following trading conditions went into effect upon Market Opening on Monday, July 18 (00:00 GMT+3): - "Close Only" functionality enabled on FxPro MT4 and FxPro MT5 on all…
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July 18, 2016 BY Valentina Kirilova
The Saudi Stock Exchange announces Weekly Stock Market Ownership and Trading Activity Report
The total value of shares traded for the week ending 14 July 2016 amounted to SAR 21.15 billion, decreasing by 2.61% over the previous week; while total stock market capitalization reached SAR 1,537.12 billion at the end of this period, increasing by 2.18% over the previous week. • The total value of shares purchased by…
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July 18, 2016 BY Valentina Kirilova
Abu Dhabi Global Market and China Securities Regulatory Commission Sign MoU
The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) and the China Securities Regulatory Commission (CSRC) entered into a Memorandum of Understanding (MoU) to facilitate cross-border activities and enhance regulatory collaboration between the two jurisdictions. The MOU provides a framework to provide assistance, exchange regulatory information and co-operate in the supervision…
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July 18, 2016 BY Mike Fox
Tickmill posts new all time high in June with $49.1 billion in volume
Global ECN broker Tickmill, authorized and regulated by the Financial Services Authority (FSA) of Seychelles is proud to announce that its trading volume of $49.1 billion in June was the largest in company history. A key feature which propelled Tickmill's trading volume to record highs included a 'zero commissions' policy during the Brexit week. CEO…
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July 18, 2016 BY Mike Fox
SGX to transfer Regulation unit to subsidiary company with separate Board
Singapore Exchange (SGX) announced today it will establish a separate subsidiary company (RegCo) to undertake all the front-line regulatory functions it currently performs. The move aims to further enhance the governance of SGX as a self-regulatory organisation (SRO) by making more explicit the segregation of its regulatory functions from its commercial and operating activities. RegCo…
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July 17, 2016 BY LeapRate Staff
Forex Industry Week Review: FXCM $125M raise, Myfxbook license lapse, and lots more…
Forex Industry News this past week at LeapRate had a decidedly corporate feel. After a few weeks dominated by either Brexit or regulatory issues, it was back to basics as we were first to report on stories involving FXCM, Myfxbook, LMAX, Dukascopy, and others. Two guest posts were among our Top-10 most hit and searched-for…
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July 17, 2016 BY LeapRate Staff
Canadian regulator BCSC warns against binary options broker DGI Market
Canadian securities regulator the British Columbia Securities Commission (BCSC) has issued a warning to investors regarding binary options broker DGI Market (at website dgimarket.com). DGI Market claims to be based in Bulgaria and offers an on-line binary options trading platform. The BCSC recently became aware of DGI Market, and that a British Columbia resident was able to open a…
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