Australian Bitcoin miner Bitcoin Group has moved one step closer to its initial public offering on the ASX, with the share offer set to close at 5.00pm today (Monday, January 25, 2016). In an announcement on its website, the company reminds investors that if they are considering buying shares in the IPO, their applications should…
Read moreThe Ontario Securities Commission (OSC) has just updated its Warning List, which contains the names of individuals and companies which are engaging in activities that may pose a risk to investors. The latest addition to the Warning List is retail forex broker Sumo Forex Limited, operating from www.sumoforex.com. The company's offices were listed by the OSC as 28…
Read moreThe Ontario Securities Commission (OSC) has just updated its Warning List, which contains the names of individuals and companies which are engaging in activities that may pose a risk to investors. The latest addition to the Warning List is binary options broker LBinary, operating from www.lbinary.com. The warning was technically issued to Depix Holdings Limited, which operates LBinary.…
Read moreThe following guest post is courtesy of Natallia Hunik, Global Head of Sales at Advanced Markets and Fortex. [divide] In my opinion, last year’s SNB decision to remove the 1.20 floor on EURCHF acted as a catalyst, reshaping how we now view and approach the FX industry. As we observed throughout 2015, the SNB move radically altered…
Read moreNorth American Derivatives Exchange, Inc. (Nadex), part of IG Group Holdings plc (LON:IGG), is planning to change trading conditions for Daily Bitcoin contracts. The Exchange plans to narrow the strike interval width in the Daily Bitcoin contracts and add more strike levels to maintain consistency in the strike range. Effective February 8, 2016, the interval…
Read moreClients of retail Forex broker Exness now have the ability to get reimbursed for their expenses when using international wire transfers to make deposits into their trading accounts. This offering will pave the way for traders to make significant savings when making large deposits. The new service marks the latest improvement to deposit and withdrawal conditions…
Read moreThe United States Commodity Futures Trading Commission (CFTC) today issued Orders awarding registration to 18 swap execution facilities (SEFs). The facilities that obtained Registration Orders today previously were operating under temporary registration status, the regulator explained in its announcement. SEFs are trading facilities that operate under CFTC’s regulatory oversight for trading and processing swaps. SEFs…
Read moreLeapRate has learned that Francois Nembrini, a renowned figure in the Forex industry, is joining QUANTIC Asset Management as Global Head of Sales and Liquidity Management. At QUANTIC AM, which is an alternative asset manager focused on Forex, Mr Nembrini's role will be to improve QUANTIC market access, leverage the Asset Manager balance sheet to…
Read moreMarkets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP) announced on Thursday that it has made a strategic investment in Digital Asset Holdings LLC, a developer of Distributed Ledger Technology for the financial services industry. The investment was made through Euclid Opportunities, ICAP’s early stage fintech investment business, as…
Read moreRetail Forex broker FxPro today informed its clients of pending changes to margin requirements for positions with instruments with the Russian ruble (RUB). The margin requirement for exposures in all RUB pairs will be changed to 10% as of 10:00 (server time) January 25, 2016 (Monday). The company notes that new positions will be affected only.…
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