July 07, 2016 BY Mike Fox

HotForex adds 24/5 market news service from FXStreet

It was announced today that CySEC and globally regulated brokerage HotForex has launched the 24/5 market news service from FXStreet, one of the leading online news portal for Forex traders. FXStreet, who just last quarter launched a massive redesign of their website made known in an exclusive interview with LeapRate that the company was looking forward to focusing…

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July 07, 2016 BY Valentina Kirilova

ESMA issues opinions on Swedish Pension Scheme to be exempt from Central Clearing under EMIR

The European Securities and Markets Authority (ESMA) has today issued an opinion regarding the exemption of a Swedish pension scheme from the obligation to centrally clear OTC derivative contracts under the European Market Infrastructure Regulation (EMIR). Pension scheme arrangements meeting certain criteria were granted a transitional exemption from the clearing obligation under EMIR. Some pensions…

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July 07, 2016 BY Valentina Kirilova

Italian Banks in Crisis

What happened to the shares and riskiest securities of European banks after Britain’s disturbing vote to leave the European Union – they plunged. So far the crisis is felt mostly in Italy. Why did this happen to Italy? Italian banks are saddled with about $400 billion of bad loans and lack the financial reserves to…

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July 07, 2016 BY Mike Fox

Myfxbook launches new $5k forex trading contest sponsored by ADS Securities

Myfxbook, the online automated analytical tool for forex traders is happy to announce that registration for the next contest will be sponsored by Abu Dhabi-based ADS Securities. Registration has officially opened today and will remain open until the 21st of July on which the contest will begin and will continue until the 20th of August. Traders will be competing with…

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July 07, 2016 BY Valentina Kirilova

DFMarkets is adding new Equity CFDs to its trading list

DFMarkets is expanding its trading instrument selection by adding several new Еquity CFDs to all versions of the DFTrader platform (desktop, web, mobile), starting July 7. Here’s the list of them: JP Shares: Symbol Sumco Corp SUMCO Yokohama Rubber Co Ltd YOKOHAMA US Shares: Symbol Eastman Chemical Company EMN GrubHub GRUB EU ETFs: Symbol European Low…

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July 07, 2016 BY Valentina Kirilova

Ian Rosen joins popular social trading site StockTwits as CEO

Social finance community StockTwits, Inc. has announced today that it has named  Ian Rosen as Chief Executive Officer, effective July 6th, 2016. Howard Lindzon will assume the role of Executive Chairman, and will continue to serve as Chairman of StockTwits' board. Here's what Lindzon commented about the news: Ian's strong experience and passion for the…

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July 07, 2016 BY Valentina Kirilova

Abide Financial and Corvil partner for precision MiFID II transaction reporting solution

Regulatory reporting specialist Abide Financial and real-time data analytics company Corvil today announced a partnership to deliver end-to-end transaction reporting and reconciliation solutions to meet increasingly complex international regulations. The partnership enables reporting parties in UK, Europe, US, Canada, Australia and other jurisdictions to reduce risk and achieve faster, more accurate compliance with current and evolving…

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July 07, 2016 BY Valentina Kirilova

EBS BrokerTec and ICAP Information Services launch the EBS CNH Benchmark

EBS BrokerTec, ICAP's electronic foreign exchange (FX) and fixed income business and ICAP Information Services (IIS), the information division of ICAP, have announced today that they have launched the ‘EBS CNH Benchmark’, the first fully electronic, trade-backed reference rate for the offshore Chinese renminbi (CNH) market. The benchmark has been launched following considerable interest from…

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