April 25, 2016 BY Mike Fox

Bitstamp granted regulation in EU through Luxembourg, launches BTC/EUR

Bitcoin exchange and trading platform Bitstamp announced today it has been granted a license by the Luxembourg government to be a fully regulated and licensed exchange in the EU. Bitstamp’s license is passportable into the 28 EU member states providing all European customers with a regulated, secure platform for bitcoin trading. Per the company blog, the news…

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April 25, 2016 BY Maria Nikolova

Moscow Exchange experiences derivatives trading interruption

Moscow Exchange, or Moskovskaya Birzha MMVB-RTS PAO (MCX:MOEX), the biggest Russian venue for trading stocks, derivatives and Forex, today experienced another derivatives trading interruption. Trading in derivatives was halted at 11.20 (Moscow time) today after brokers started noticing problems with access to derivatives trading. Derivatives trading was resumed at 12.15 (Moscow Time). The causes for…

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April 25, 2016 BY Mike Fox

President of Retail at GAIN Capital Samantha Roady sells 20k shares

A quick note as today we learned from the latest SEC filings Form 4 that Samantha Roady, President of the Retail business at GAIN Capital (NYSE: GCAP) unloaded 20,000 shares at $7.00 a pop. The trade on the date of the transaction, April 20th, cashed out $140,000 in total. As of now, Samantha Roady now owns 220,795…

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April 25, 2016 BY Maria Nikolova

SWIFT responds to reports about malware hitting its network

Cyber security is high on the agenda, as SWIFT was today forced to voice its stance regarding reports alleging its network and messaging services were affected by malware. SWIFT said in its statement that it was aware of malware targeting the ability of financial institutions to evidence fraudulent transactions. It added that the malware has…

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April 25, 2016 BY Mike Fox

HKEX rolls out pre-trade risk management system for derivatives, includes "kill switch"

Hong Kong Exchanges and Clearing Limited (HKEX) today announced the successful launch of its Pre-Trade Risk Management (PTRM) system, a system that offers tools to help market participants in its derivatives market meet their needs for pre-trade controls while complementing their in-house risk controls. The PTRM system strengthens HKEX's clearing house protection, enhances the competitiveness…

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April 25, 2016 BY Maria Nikolova

Russia's FX body CRFIN adds Tokyo Investment Company to “Black List”

Russia's Centre for Regulation in OTC Financial Instruments and Technologies (CRFIN), an FX body seeking to obtain an official status of a Forex self-regulatory organization, has added one more company to its “Black List”, which features entities having the characteristics of financial pyramids. The latest addition to CRFIN's “Black List” is Tokyo Investment Group, operating…

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April 25, 2016 BY Maria Nikolova

Singapore Exchange, China Construction Bank sign MoU

Singapore Exchange Limited (SGX:S68) and China Construction Bank Corporation (SHA:601939) today sealed a memorandum of understanding (MoU), seeking to promote Singapore’s capital markets to Chinese companies. Under the agreement, SGX and CCB will collaborate to bring Chinese companies to list in Singapore, especially through SGX’s Direct Listing Framework. CCB is one of the issue managers…

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April 25, 2016 BY Maria Nikolova

CMC Markets adds Binary Options trading

Online trading services provider CMC Markets Plc (LON:CMCX) has extended its product portfolio with the launch of a range of new binary products available on its Next Generation platform via mobile devices, tablet or desktop. Peter Cruddas mentioned the pending launch in LeapRate's Exclusive Interview in January this year. CMC Markets’ binaries offer a dynamic way…

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April 25, 2016 BY Maria Nikolova

Latest build of MetaTrader 5 offers hedging and testing on real ticks

A follow-up to LeapRate's article about MetaTrader 5 getting equipped with a hedging system... MetaQuotes Software has announced that MetaTrader 5 build 1325 is supporting a hedging option and testing on real ticks. Hedging enables traders to have multiple positions per symbol, including oppositely directed ones. This paves the way to implementing trading strategies based on…

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