BMLL announces Level 3 Futures Data product
October 25, 2022 BY Steffy Bogdanova

BMLL raises $26 million in Series B Funding round

The funding comes at a period of fast growth. The company pointed out that its revenue has significantly grown in the past 12 months, but it did not reveal any numbers. The investment will help BMLL expand its data coverage across global markets. The funding will support investment in acquiring new global data sets and…

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European stock market experiences positive change
October 25, 2022 BY Steffy Bogdanova

Daily market commentary: European shares register a modest advance, despite Asian stocks closing on a mixed tone

However, even if optimism remains alive, investors are likely to need concrete evidence of monetary and economic improvements before driving stock indices higher. Until then, it’s only investors buying rumours. Pierre Veyret– Technical analyst, ActivTrades Disclaimer: opinions are personal to the authors and do not reflect the opinions of LeapRate. This is not a trading…

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Acquisition
October 25, 2022 BY Steffy Bogdanova

Invast Global announces plans to acquire GMO-Z.com Trade UK

The announcement comes after Invast Global established its first European office in Cyprus as part of its strategy to build a global network of distribution channels. The acquisition of GMO-Z.com will provide Invast Global with access to a deep pool of talent, particularly in the areas of quantitative trading and market making, as well as…

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Bankman-Fried jailed ahead of his October trial
October 24, 2022 BY Steffy Bogdanova

FTX offers $6 million compensation to phishing attack victims

FTX’s Founder and CEO, Sam Bankman-Fried commented on Twitter: We’ve mostly stamped out sites that try to phish users by masquerading as FTX. But we can’t fix fake sites impersonating *other* services. A few users accidentally registered at fake other sites, including 3 Commas. The reimbursement for the phishing scam is a one-time step taken…

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Credit Suisse
October 24, 2022 BY Steffy Bogdanova

Credit Suisse to pay $234 million settlement in France

According to the prosecution, the alleged scheme took place between 2005 and 2012 and spread through several countries and reportedly and cost the French state over €100 million of "fiscal damage". Credit Suisse said in a press statement: The settlement provides for a public interest fine comprising a profit disgorgement of EUR 65.6 million and…

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