SEC to award $5-$6 million to whistleblower for helping uncover securities violations LeapRate

May 17, 2016 BY Maria Nikolova

SEC to award $5-$6 million to whistleblower for helping uncover securities violations

The U.S. Securities and Exchange Commission (SEC) announces another generous award to a whistleblower, as it will award between $5 million and $6 million to a former company insider whose tip helped the agency uncover securities violations. These would have been nearly impossible to detect had not it been for the whistleblower’s information. Today’s award is…

May 17, 2016 BY Maria Nikolova

FXCM releases long awaited update to Trading Station Mobile app

It has been quite a journey for FXCM Inc (NYSE:FXCM)... And users of the Trading Station mobile application have been aware of the reasons for the broker not updating its mobile apps since January 2015. It was in late January last year, that the company released an update to Trading Station Mobile and after that…

May 17, 2016 BY Mike Fox

Luc Fortin to join Montréal Exchange as Managing Director, Derivatives Trading

Montréal Exchange (MX), a derivatives bourse located in Montreal, that trades futures contracts and options on equities, indices, currencies, ETFs, energy and interest rates today announced the appointment of Luc Fortin as Managing Director, Derivatives Trading, effective June 27, 2016. Mr. Fortin will be responsible for developing and deploying strategies to grow the derivatives business. He…

May 17, 2016 BY Maria Nikolova

Interactive Brokers adds more Statement/Balance Sheet Columns in TWS

Online trading services provider Interactive Brokers Group, Inc. (NASDAQ:IBKR) keeps enhancing the functionalities of its proprietary TWS platform. The broker has added a new series of more than 30 new statement and balance sheet-focused Fundamentals columns to the TWS layout. Traders can add these columns to a watchlist, quote monitor and other TWS tools by…

May 17, 2016 BY Maria Nikolova

CLS’ daily input volume stages 3.6% M/M rise in April 2016

CLS Group (CLS), a market infrastructure provider of risk mitigation services to the global FX market, has earlier today published its operating metrics for April 2016. The average daily input volume submitted to CLS, combining the settlement and aggregation services, was 1,073,203 last month, marking a rise of 3.6% from 1,035,678 in March 2016. In…

May 17, 2016 BY Maria Nikolova

MOEX makes new risk transfer functionality between Derivatives and FX markets available for testing

Moscow Exchange, or Moskovskaya Birzha MMVB-RTS PAO (MCX:MOEX), the biggest Russian venue for trading shares, FX and derivatives, today announces that a new risk transfer functionality between Derivatives and FX markets is available for testing. The planned date for the production release is June 27, 2016. Risk transfer between Derivatives and FX markets: In SPECTRA…

May 17, 2016 BY LeapRate Staff

Markit and its kyc.com JV win PIMCO regulatory and compliance solution contract

Expands use to support KYC, AML, tax, credit and legal agreements

May 17, 2016 BY LeapRate Staff

PsyQuation launches using Behavioral Profiling to improve Retail FX trader performance - LeapRate Exclusive

LeapRate Exclusive... Every once in a while we come across a team developing a new trading tool or idea out there which catches our eye as something interesting and different. And while the tool is still new and admittedly unproven over the long term, the founders of PsyQuation have developed a new way to improve trader…

May 17, 2016 BY Maria Nikolova

CySEC advises investment firms to monitor risks due to possible Brexit

The Cyprus Securities and Exchange Commission (CySEC) today published a Circular (C130) advising the Cyprus Investment Firms (CIFs) to keep a close eye on risks associated with a possible exit of the United Kingdom from the European Union. The Cypriot securities regulator reminds CIFs that a referendum will be held in the UK on June…

May 17, 2016 BY Maria Nikolova

AMF turns to France's president regarding Forex advertising ban

Gérard Rameix, head of France's securities regulator AMF, has addressed the nation's president François Hollande, voicing his concerns regarding the risks associated with trading online, and Forex trading in particular. The letter mentions that in the face of the regulatory efforts to curb the investors' exposure to such high-risk products, the amount of losses from…