February 04, 2016 BY Maria Nikolova

Court restrains “futures trader” Roger Munro from operating financial services business in Australia

A follow-up to LeapRate's earlier report about the proceedings undertaken by the Australian Securities & Investments Commission (ASIC) against unlicensed traders Dr Roger Gareth Munro and Mrs Kathleen Susan Munro. The Supreme Court of Queensland has ruled that Dr Roger Munro breached the Corporations Act by running a financial services business in Australia without holding the necessary…

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February 04, 2016 BY Maria Nikolova

CFTC charges Oakmont Financial, Joseph Charles DiCrisci over illegal, off-exchange precious metals trading

The U.S. Commodity Futures Trading Commission (CFTC) has once again shown its rigidity when it comes to following the the provision of the Dodd-Frank act that addresses retail commodity trading. The regulator announced on Wednesday that it filed a civil injunctive enforcement action in the U.S. District Court for the Southern District of Florida against…

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February 03, 2016 BY Maria Nikolova

UK FCA reviews 1,108 financial promotions in Q3 2015

The UK Financial Conduct Authority (FCA) has just published its latest Data Bulletin, which includes information about the activities of the regulator regarding financial promotions. The most recent numbers show that the FCA reviewed 1,108 financial promotions in the third quarter of 2015, that is, from July 1st to September 30th last year. Out of…

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February 03, 2016 BY Mike Fox

ESMA to cooperate with South African regulators on CCPs

The Financial Services Board (FSB) of South Africa today announced it established a Memorandum of Understanding (MoU) under the European Markets Infrastructure Regulation (EMIR) with the European Securities and Markets Authority (ESMA). This MoU establishes cooperation arrangements, including the exchange of information, regarding Central Counterparties (CCPs) which are established and authorized or recognized in South Africa, and which…

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February 03, 2016 BY Maria Nikolova

OptionsCity rolls out new version of trading platform Metro

OptionsCity has just released a new version of its low-latency options trading platform, Metro 6.1. The upgraded solution offers improved efficiency of data processing for an enhanced user experience. In this version, the company implemented Volatility Curve Dimension for additional modeling functionality and a redesigned Order Ticket. In general, Metro 6.1 offers better server/client reliability…

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February 03, 2016 BY Mike Fox

Deutsche Börse launches new XDAXDAX index

The index includes full coverage of U.S. trading hours to help minimize overnight risk. Deutsche Börse has added the XDAXDAX index to its DAX index family. The new index will enable customers to use just one index as an underlying for their products that are linked to the performance of DAX before, during or after Xetra…

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February 03, 2016 BY Mike Fox

Moscow Exchange registers more than 95 thousand individual investment accounts

Among Moscow Exchange members, Sberbank (25, 670), Finam (23,755) and BCS (15,133) opened the most IIAs, MOEX data shows. Individuals have a choice of 80 companies when looking to open an IIA. Moscow Exchange (MOEX) today announced that as of February 1st, 2016 Russia's largest investment exchange had registered 95,020 individual investment accounts (IIAs) opened by…

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February 03, 2016 BY Maria Nikolova

ICE registers 17% MoM drop in FX volumes in January 2016

Intercontinental Exchange Inc (NYSE:ICE), an international operator of exchanges and clearing houses, has just posted its operating metrics for January 2016, and although the company managed to see a decent rise in total futures and options volumes, FX volumes lagged behind in monthly and annual terms. Average daily volumes for FX&Credit exchange-traded contracts amounted to…

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UK CFD brokers
February 03, 2016 BY LeapRate Staff

UK CFD trading 2015: IG, Plus500, Saxo and CMC dominate

Further to the report put out on the UK online trading market by research firm Investment Trends, LeapRate has learned that in the fast-growing CFDs sector there has been some movement among the top brokers providing CFDs trading. Not surprisingly, continuing to lead the sector is IG Group Holdings plc (LON:IGG), which was named by…

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