May 12, 2016 BY LeapRate Staff

FINRA fines broker Stephens Inc. $900,000 over flash emails

U.S. Securities industry regulator FINRA (Financial Industry Regulatory Authority) has announced today that it has censured Stephens Inc. of Little Rock, Arkansas, and fined the firm $900,000 for inadequately supervising firm-wide internal "flash" emails sent by its research analysts. In settling this matter, Stephens neither admitted nor denied the charges, but consented to entry of…

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May 12, 2016 BY Maria Nikolova

First ever FinTech bridge launched between UK and Singapore

Singaporean officials and FinTech companies gathered with UK FinTech companies in Downing Street on Wednesday to mark the launch of the UK’s first ever FinTech Bridge, which included the signing of a regulatory cooperation agreement between the Financial Conduct Authority (FCA) and the Monetary Authority of Singapore (MAS). The new FinTech Bridge will assist UK…

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May 12, 2016 BY Maria Nikolova

CySEC says ACFX license remains suspended

Further to LeapRate's report from April about the suspension of the Cyprus Investment Firm (CIF) license of Atlas Capital Financial Services Ltd, owner of ACFX, operating via acfx.com, the Cypriot securities regulator today announces that the CIF license of the firm remains suspended. While the suspension of the authorisation is in force, the Company: 1. Cannot…

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May 12, 2016 BY Maria Nikolova

MetaQuotes Software releases beta version of MetaTrader 5 web platform

Following the successful launch of MT4 Web platform last year, trading software developer MetaQuotes Software today announces the launch of a beta version of the multi-market MetaTrader 5 web platform. The check out the platform, traders need an MQL5.community account and a demo account on MetaQuotes-Demo. The MetaTrader 5 web platform enables trading within the financial…

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May 12, 2016 BY Maria Nikolova

Dukascopy announces official launch of Dukascopy Payments

Following successful testing of Dukascopy Payments web and mobile platforms by employees and selected clients, Swiss online trading and banking services provider Dukascopy announces the official launch of the electronic payment service based on Dukascopy Connect mobile application. Dukascopy Payments, as LeapRate has earlier reported, is an EU-regulated EMI (Electronic Money Institution), 100% owned by…

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May 12, 2016 BY Maria Nikolova

Barry Gershon joins Sucden Financial’s LME team

Barry Gershon, ex-Global Head of Metals Trading for Jefferies Bache, is joining international derivatives broker Sucden Financial to further strengthen its strong metals presence. The new role will mainly focus on business development in Europe and the Americas, leveraging Mr Gershon’s vast industry experience. Mr Gershon has been involved in base metals trading for more…

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May 12, 2016 BY Mike Fox

Tickmill posts audited financial results showing net profit for 2015

The company records $208bn trading volume in 2015 with results from Q1 2016 putting the business on track for over $330bn by the end of this year. Global ECN broker Tickmill authorized and regulated by the Financial Services Authority (FSA) of Seychelles, was pleased to announce this week a successful 2015 with an audited net…

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May 12, 2016 BY Maria Nikolova

Windsor Brokers redesigns website

CySEC-regulated Forex broker Windsor Brokers has joined the lineup of FX companies with redesigned websites. The company is introducing a cleaner, user-friendly interface, with the stress falling on imagery content rather than text. As a result, navigation is easier. In tune with a trend that sees more traders use mobile devices to visit brokers' websites…

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May 12, 2016 BY Maria Nikolova

TAIFEX sees RMB futures volumes drop in April 2016

Taiwan Futures Exchange (TAIFEX) has earlier today posted its volumes metrics for April 2016, with yuan futures trading volumes staging a steep decline in monthly terms. Overall trading volumes at the Exchange amounted to 19,239,430 contracts in April 2016, down 14% from the reading of 22,400,159 contracts for March 2016. The annual comparison was also…

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