June 30, 2016 BY LeapRate Staff

Canadian regulator OSC adds binary brokers WinOptions, BigOption and OptionRidge to investor warning list

Canada's largest provincial financial regulator, the Ontario Securities Commission (OSC), has issued three new investor warnings against unlicensed binary options brokers. The OSC typically issues warnings regarding unlicensed companies that appear to be engaging in activities that may pose a risk to investors in its jurisdiction, and which are apparently targeting Canadian traders. The OSC's updated…

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June 30, 2016 BY LeapRate Staff

CBOE Futures Exchange gets passing grade in CFTC review despite large staff departures

The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight has announced that it issued the results of a rule enforcement review of the CBOE Futures Exchange, LLC (CFE or Exchange) on June 24, 2016. The review covered a one-year target period. The CFTC evaluated CFE’s compliance with Designated Contract Market Core Principles: Compliance With Rules,…

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June 29, 2016 BY LeapRate Staff

Guidance on cyber security for the financial industry set by CPMI and IOSCO

International organizations The Committee on Payments and Market Infrastructures (CPMI) and the Board of the International Organization of Securities Commissions (IOSCO) today released the final report Guidance on cyber resilience for financial market infrastructures (“Cyber Guidance”). The Cyber Guidance report is the first internationally agreed guidance on cyber security for the financial industry. It has been…

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June 29, 2016 BY LeapRate Staff

What impacts STP execution and how can you improve it?

Natallia Hunik, Global Head of Sales at Fortex Inc., takes a look at which factors impact your STP execution.  The quality of your STP trade execution is dependent on a number of important factors including speed/latency, accuracy, rejection ratios and cost. I would like to take this opportunity to review some of these in greater…

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June 29, 2016 BY LeapRate Staff

Deutsche Borse to provide trading platform IT infrastructure for private bank Donner & Reuschel

Frankfurt-based markets operator Deutsche Börse has announced that its Deutsche Börse Managed Services unit will be providing the IT infrastructure for the trading platform of German private bank Donner & Reuschel. These services enable a seamless connection to the trading platforms Xetra and Eurex. The Managed Services form part of Deutsche Börse’s Infrastructure Services offer, which…

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June 29, 2016 BY LeapRate Staff

CySEC to set new rules for use of Liquidity Providers and Market Makers

Cyprus financial regulator CySEC has issued a consultation paper regarding new proposed rules governing the use of Liquidity Providers and Market Makers by regulated brokers on the island. The new rules would still allow Retail Forex brokers on the island to have liquidity and market making relationships with entities outside the country and outside the…

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June 29, 2016 BY LeapRate Staff

Latest FCA regulated retail forex broker to launch: BlackPearlFX

LeapRate Exclusive... LeapRate has learned that a new FCA regulated Retail FX broker just launched operations under the fairly unique brand name of BlackPearlFX, a trading name of Black Pearl Securities Limited. The broker also seems to have social trading in mind. We are pleased to bring LeapRate readers an exclusive interview with BlackPearlFX co-founder and…

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June 29, 2016 BY LeapRate Staff

R3 blockchain consortium continues Latin America expansion adding Brazil's Banco Bradesco

Banco Bradesco, one of the biggest banking and financial services companies in Brazil, has joined financial innovation firm R3’s partnership to design and apply distributed and shared ledger-inspired technologies to global financial markets. We had earlier reported that Itaú Unibanco, the largest private sector bank in Latin America, became the first Latin America bank to…

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