June 17, 2016 BY LeapRate Staff

France's AMF adds 16 Binary Options brokerage brands to its unauthorized list

French financial regulator AMF has published a new list of 16 websites offering binary options trading for which no authorised investment services provider could be clearly identified. The list of 16 sites includes: www.abroption.com www.allianz-brokers.com www.banque-investissement.com www.barclaystraders.com www.connecting-trade.com www.collinsgestion.com www.f-generalsecurities.com www.finpari.com www.gointrading.com www.ibl-markets.com www.microption.com www.mytradeoption.com www.solution-capital.com www.stock-binary.com www.switzerland-capital.com www.swisspartners-ag.com A list of all unauthorized binary…

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June 17, 2016 BY LeapRate Staff

SFC and HKEX set joint committee to improve Hong Kong IPO listing process

The Hong Kong Securities and Futures Commission (SFC) and Hong Kong Exchanges and Clearing Limited (HKEX) today jointly issued a consultation on proposed enhancements to The Stock Exchange of Hong Kong Limited’s decision-making and governance structure for listing regulation. Under the proposals two new Exchange Committees on which the SFC and the Exchange are equally…

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June 17, 2016 BY LeapRate Staff

Dukascopy adds single stock CFD trading at 10x leverage

Switzerland-based retail forex broker Dukascopy has announced that CFDs on single stocks are now available on its LIVE platform for Dukascopy Bank and Dukascopy Europe clients. Initially Dukascopy will be offering CFDs on 34 stocks listed only on German stock exchanges (see list below). Dukascopy plans to add Switzerland and UK listed single stock CFDs in…

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June 17, 2016 BY LeapRate Staff

FCA warns against e-transact Worldwide Limited

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA's latest warning is against e-transact Worldwide Limited, operating from website etransact.net showing address E1-4 Argyll Street, London W1F 7LD, which provides credit and debit cards services to online and offline merchants. e-transact Worldwide…

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June 17, 2016 BY LeapRate Staff

Hantec Markets increases margin requirements ahead of Brexit vote

FCA regulated retail forex broker Hantec Markets has issued a note to clients outlining increases in margin requirements ahead of next week's UK Brexit referendum, announcing minimum 4% margin requirement (max leverage 25x) starting next week until a day after the Brexit vote. The note set out by Hantec reads as follows: Dear Valued Client,…

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June 16, 2016 BY Mike Fox

Spotware's cTrader now supports Islamic accounts, updates cServer

Forex trading platform provider Spotware Systems today announced the support of Shariah compliant (Swap Free) accounts to all cTrader platforms. The functionality has been designed to meet all of the requirements of Shariah Law and the principles articulated for “Islamic finance”. The cTrader Swap Free account type is an attribute of a trading account and does not require the…

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June 16, 2016 BY LeapRate Staff

FCA charges five people in £3 million boiler room investment fraud

Following an investigation by UK financial regulator the Financial Conduct Authority (FCA), five people have been charged with operating a boiler room scam. The five people charged are: Michael Nascimento (DOB: 28/06/1977) Hugh Edwards (DOB: 13/07/1982) Stuart Rea (DOB: 12/02/1968) Ryan Parker (previously known as Ryan Sell DOB 26/11/1992), and Jeannine Lewis (DOB: 15/09/1967). All…

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