April 20, 2016 BY LeapRate Staff

CFH Clearing to offer MahiFX's MFX Compass risk and analytics solutions

LeapRate has learned that interbank STP venue CFH Clearing will start offering clients MahiFX’s institutional product, MFX Compass, as a provider of price and rate formation and risk management. MahiFX are a team of FX flow technology and management specialists. MFX Compass’ sophisticated system offers highly optimised price formation, risk management and advanced analytics. From early April,…

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April 20, 2016 BY Maria Nikolova

Chris Cowlard to step down as Earthport COO in June

Cross-border payment network Earthport plc (LON:EPO) today announces that Chris Cowlard will be stepping down as Chief Operating Officer and a member of the board as of June 3, 2016. Daniel Marovitz, who is at present a president of Earthport Europe will move into a new role as President - COO of Earthport. Mr Cowlard…

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April 20, 2016 BY Maria Nikolova

Swissquote unveils redesigned website

Swiss online trading, investment and banking services provider Swissquote Group Holding SA (SWX:SQN) has just presented the financial industry with its renovated website https://en.swissquote.com. In tune with the latest trends in the financial services sector, the website puts the accent on imagery and various visual content, while reducing the amount of text for making navigation…

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April 20, 2016 BY Maria Nikolova

Japan's FSA adds investment project FestA to Warning List

Japan's Financial Services Agency (FSA) has just updated its Warning List including the names of individuals and businesses that unlawfully target Japanese investors. Amid the latest additions is FestA, operating via https://kabu-festa.com. This is an investment project offering hefty returns to those who entrust their money in a variety of schemes, most of which involve…

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April 19, 2016 BY Maria Nikolova

UK regulator warns against FX broker Explore Markets Limited

The Financial Conduct Authority (FCA) has recently notified the public of a rise in complaints against Forex trading and brokerage firms, with the situation seeing little change since this announcement was made in January this year. The pile of warnings issued against unauthorized Forex and binary options brokers in the UK keeps growing, with the latest…

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April 19, 2016 BY Maria Nikolova

UK court orders boiler room fraudsters to pay £11 million in compensation

Southwark Crown Court today ordered convicted fraudsters Jeffrey Revell-Reade and Anthony May to pay a total of £11, 001,000 in compensation, following an investigation by the UK Serious Fraud Office into a large-scale boiler room fraud. Jeffrey Revell-Reade, 51, was ordered to pay a £10,751,000 confiscation order, whereas Anthony May, 60, was ordered to pay…

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