March 03, 2016 BY Mike Fox

R3 trials blockchain fixed income trading with 40 banks

The trial marked an unprecedented scale of institutional collaboration between the financial and technology communities exploring how distributed ledgers can be applied to global financial markets. Just released is a major blockchain announcement from financial technology innovation company R3 CEV. In short, they connected 40 banks to five different blockchains and allowed them to facilitate…

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March 03, 2016 BY Mike Fox

Forex broker interview with Admiral Markets CEO Alexander Tsikhilov

This week LeapRate discussed the FX brokerage business with Mr. Alexander Tsikhilov, the CEO for over 10 years of Estonian based and globally regulated Admiral Markets. To familiarize yourself with the brokerage the latest info shows that Admiral is operating in 35 countries worldwide through various licenses, has nearly 200 employees globally, around 12,000 active clients (active: at…

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March 03, 2016 BY Maria Nikolova

Paysafe to join FTSE 250 Index on March 21, 2016

Provider of payment solutions Paysafe Group Plc (LON:PAYS), formerly known as Optimal Payments, has announced that it will be included as a constituent in the FTSE 250 Index later this month. The inclusion, officially unveiled by FTSE Russell on Wednesday, will be effective from the start of trading on March 21, 2016. In December last…

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March 03, 2016 BY Maria Nikolova

ASX futures trading volumes recover in February 2016

After a challenging January, ASX managed to see a robust rise in futures trading volumes in February 2016. According to data from the latest ASX Group Monthly Activity Report, total futures and options on futures volume amounted to 10,558,889 contracts in February 2016, a reading which is 15.8% stronger than in January 2016. In annual…

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March 03, 2016 BY Maria Nikolova

Monex sees global FX volumes rise 13% MoM in February 2016, DARTs edge down

Online trading services provider Monex Group, Inc. (TYO:8698) has just published its operating metrics for February 2016, with global Forex volumes continuing to rise after a strong January, but daily average revenue trades (DARTs) staging a small drop in monthly terms. Global Forex volumes, that is Forex volumes across all of Monex’s subsidiaries, amounted to…

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March 03, 2016 BY LeapRate Staff

Bitcoin mining fund, Logos, launched by Genesis Mining

Bitcoin cloud mining provider Genesis Mining has announced the launch of what it calls the world’s first Bitcoin mining fund. The fund, which officially ​filed Form D with the SEC ​last week will be called ​Logos Fund​ and will cater exclusively to high net worth individuals, investment funds, and accredited investors looking to take part…

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March 02, 2016 BY LeapRate Staff

Russia looks to circumvent Western sanctions with China Forex swap

The Bank of Russia is reporting that Russia and China have agreed to open a bilateral Forex swap line, to boost trade and investment cooperation. Largely cut off from global capital markets by Western sanctions, Russia is stepping up efforts to secure access to external funding, including setting plans for a sovereign Eurobond later this year. The…

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