LeapRate broke the news earlier today of the proposed recapitalization at FCA regulated online trading firm London Capital Group Holdings plc (LON:LCG), which will see CEO Charles-Henri Sabet and his partners inject £10 million (USD $14.6 million) into the company. We referenced in our coverage a filing which the company made with the London Stock Exchange…
Read moreThe Winklevoss twin's Gemini Bitcoin and Ether exchange has announced that it is expanding its services to UK clients. Gemini received a charter under New York Banking Law from The New York State Department of Financial Services (NYDFS) last October, and became authorized to offer Ether trading last month. Gemini posted the following note today on its blog…
Read moreHong Kong Exchanges and Clearing Limited (HKEX) and Korea Exchange (KRX) have announced the signing of a non-binding letter of intent (LoI) to explore the cross-listing of their equity derivatives in each other's market. The equity derivatives under consideration include, but are not limited to, stock index futures and options and single stock futures and options offered…
Read moreUK financial regulator the FCA has continued its crusade of warning investors against unregulated forex and binary options brokers that target UK consumers. some of these brokers try to make it appear as if they have offices and physical presence in the UK. The latest FCA warnings are against BancoFX and CFD1000. BancoFX operates from…
Read moreDB1 Ventures considers itself as the “eyes and ears” of Deutsche Börse Group in the venture ecosystem.
Read moreThe U.S. Commodity Futures Trading Commission (CFTC) today announced that the U.S. District Court for the Eastern District of Wisconsin entered an Order of Default Judgment and Permanent Injunction against Defendants Ryan Magee, his father David Magee, and Ryan’s wife Dalyne Rae Magee, all of Calgary, Alberta, Canada, in connection with a commodity pool fraud…
Read moreCharles-Henri Sabet and his GLIO holding company will inject £10 million into LCG and increase their stake to 83% from 20% currently.
Read moreThe U.S. Commodity Futures Trading Commission (CFTC) today announced that the U.S. District Court for the Southern District of Florida granted the CFTC’s motion for entry of a final default judgment Order against Defendants Harvard Assets LLC (Harvard Assets), London Assets Inc.(London Assets), and Harvard International Trading, Inc. (Harvard International), all three with their place…
Read moreS R Labs, LLC, a global leader in trading and market data technology, today announced it will operate under the new name of Vela Trading Technologies, LLC (Vela), bringing the best of its technology, products and talent under one roof. Vela’s mission will continue to focus on creating and providing leading edge financial technology, with…
Read moreMoscow Exchange has announced that it has decided to extend the testing period for new functionalities on its Derivatives Market (Spectra) and FX Market (ASTS). The launch of new Derivatives Market services planned for June 27 and new FX Market services planned for July 4 has been postponed. The Exchange will make a subsequent announcement…
Read more