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. This time Hong Kong has added…
Read moreU.S.-based Bitcoin exchange Coinbase has apparently decided to end support for Canadian Dollar transfers in its system. It was less than a year ago when Coinbase expanded to Canada and decided to partner with Calgary-based payment processor Vogogo Inc (CVE:VGO) to provide transfers to CAD accounts. Coinbase's current decision comes among troubles at Vogogo. In mid June…
Read moreBrexit-related uncertainty, effects of a low interest rate environment, risk of a sharp re-pricing of assets, structural changes in markets: the AMF has drawn up a mid-2016 current state assessment of the main risks to markets, retail investment, collective investment and the financing of the economy. The AMF has published its tenth risk mapping in…
Read moreSingapore Exchange (SGX) Asia’s most international, multi-asset exchange today reported market statistics for June 2016. Total FX Futures volume was 642,002, up 27% month on month and up 112% year on year. The strong figures continue the trend across the trading industry which saw "Brexit" induced volatility carry trading volumes to one of the best performing months of the…
Read moreLong-time Chief Operating Officer Kevin Turner is preparing to leave Microsoft, therefore the company’s Chief Executive Officer Satya Nadella has revealed that a broad reshape of the senior executive ranks is going to be made. Instead of naming one new COO, Nadella appointed two executives to divvy up the sales responsibilities and report to him.…
Read moreLeapRate Exclusive... LeapRate has learned that longtime ETX Capital executive Joe Rundle has resigned from the company. Rundle had been with the FCA-regulated ETX for more than 12 years, and along with ETX CEO Andrew Edwards was one of the few remaining employees at ETX dating back to before the company's takeover by an investor…
Read moreIt 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…
Read moreThe 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…
Read moreWhat 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…
Read moreMyfxbook, 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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