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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March 02, 2016 BY Maria Nikolova

Moscow Exchange sees 5.8% MoM drop in Forex ADV in February 2016

Moscow Exchange, or Moskovskaya Birzha MMVB-RTS PAO (MCX:MOEX), the biggest Russian trading venue for currencies, stocks and derivatives, has earlier today reported its monthly volume metrics for February 2016, with the monthly reading for last month being better than in January 2016 but the average daily volumes (ADV) showing a month-on-month drop. This pattern is easily…

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March 02, 2016 BY Maria Nikolova

CME Group registers 1.7% MoM drop in FX volumes in February 2016

International derivatives marketplace CME Group Inc (NASDAQ:CME) has just published its operating metrics for February 2016, with overall trading volumes reaching a record high but Forex volumes slightly down from January 2016 levels. CME Group reported Forex average daily volume (ADV) of 954,000 contracts for February 2016, a result which is 1.7% lower than the…

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March 02, 2016 BY Maria Nikolova

MetaQuotes equips MetaTrader video tutorials with subtitles in seven languages

MetaQuotes Software has announced that 17 video tutorials about the built-in services in the MetaTrader 4/5 platforms are now provided with subtitles in seven languages in addition to English and Russian voice over. Now traders can watch videos about algorithmic trading, virtual hosting and trading signals with Spanish, Portuguese, French, German, Chinese, Japanese or Arabic…

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March 02, 2016 BY Maria Nikolova

888 Holdings appoints Itai Frieberger as CEO

888 Holdings Public Limited Company (LON:888), which in September last year abandoned the bidding war for bwin.party, today announces the appointment of Itai Frieberger as Chief Executive Officer of the Company. The appointment is effective immediately. Brian Mattingley, Executive Chairman of 888 since 13 May 2015, has been appointed as Non-Executive Chairman of 888 with…

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March 02, 2016 BY Maria Nikolova

CBOE Holdings sees ADV decrease 14% MoM in February 2016

CBOE Holdings, Inc (NASDAQ:CBOE), the holding company for Chicago Board Options Exchange (CBOE), C2 Options Exchange (C2), CBOE Futures Exchange (CFE), and other subsidiaries, has published its operating metrics for February 2016, with average daily volumes across all venues failing to match the robust results seen in January 2016. Total average daily volumes were 4.65…

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March 02, 2016 BY Maria Nikolova

ICE to acquire two S&P Global Market Intelligence divisions

Operator of global exchanges and clearing houses Intercontinental Exchange Inc (NYSE:ICE) on Tuesday announced it is expanding its data and valuation business through the acquisition of two assets under the S&P Global Market Intelligence business unit, from McGraw Hill Financial Inc (NYSE:MHFI). ICE has entered into a definitive agreement to acquire provider of fixed income…

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March 02, 2016 BY Maria Nikolova

BTCC informs customers of Bitcoin transaction confirmation delays

BTCC, formerly known as BTCChina, has published an announcement on its website, alerting its customers of delays of Bitcoin transaction confirmations across the network. The company blames the delay on an increase in bitcoin transactions. The company asks its customers to be patient and notes that it does not control confirmation speeds. BTCC also advises…

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