Daily Market analysis
January 24, 2020 BY Valentina Kirilova

Daily market commentary: The euro is showing weakness

ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for January 24, 2020. This is not a trading advice. See details below: FOREX The euro is showing weakness in the aftermath of yesterday’s ECB meeting, currently trading at $1.1050, after losing 0.4% to the US dollar over the last 24 hours.…

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ASIC suspends AFS license
January 24, 2020 BY Steffy Bogdanova

ASIC suspends AFS licenses of several financial services providers

The Australian Securities & Investments Commission (ASIC) announced yesterday the suspension of the Australian financial services (AFS) licenses of financial services providers Theta Asset Management, Valuestream Investment Management and Global Merces Funds Management. Theta Asset Management Ltd and Valuestream Investment Management Ltd’s licenses have been suspended until 21 July 2020 because two entities are under…

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Whistleblower
January 24, 2020 BY Steffy Bogdanova

Whistleblowers awarded after helping stop fraud

The Securities and Exchange Commission (SEC) announced yesterday that two whistleblowers were awarded for providing timely and crucial information in two separate cases of fraud. Both whistleblowers assisted SEC in stopping fraudulent schemes exploiting retail investors. The first whistleblower alerted SEC of fraudulent actions and the agency awarded them with more than $277,000 for his…

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January 23, 2020 BY Steffy Bogdanova

ICAP founder Michael Spencer backs £100 million fintech fund

Michael Spencer, city tycoon and founder of market operator ICAP, now NEX Group, has decided to make a substantial contribution to a new UK fintech fund. Spencer plans to invest at least £25 million in the UK fund Element Ventures, through his private holding company IPGL. This is one of the largest investments made by…

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AMBD and the Monetary Authority of Singapore expand cooperation
January 23, 2020 BY Valentina Kirilova

AMBD and the Monetary Authority of Singapore expand cooperation

Autoriti Monetari Brunei Darussalam (AMBD) and the Monetary Authority of Singapore (MAS) have announced earlier this week that they have decided to expand their cooperation. Both sides have signed an enhanced Memorandum of Understanding (MoU) on Bilateral Cooperation at the 3rd AMBD-MAS Bilateral Roundtable. The enhanced MoU builds on the longstanding cooperation between both countries…

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Interview: Match-Trade's Michael Karczewski and Christopher Dankowski discuss Forex market and upcoming trends
January 23, 2020 BY Valentina Kirilova

Interview: Match-Trade's Michael Karczewski and Christopher Dankowski discuss Forex market and upcoming trends

LeapRate Exclusive… Michael Karczewski, Chief Operating Officer and Christopher Dankowski, Chief Business Development Officer at Match-Trade Technologies, join Leaprate today to talk about how Forex market has changed during last year and what are the upcoming trends. LR: There was a lot of turmoil on the Forex market last year, what do you think has…

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January 23, 2020 BY Steffy Bogdanova

Dukascopy adds Litecoin to its Live trading crypto offer

Dukascopy Bank is growing its crypto eco-system by adding new services. The bank’s clients can already fund trading accounts with Bitcoin, exchange Dukascoin, the bank’s own cryptocurrency, on the internal marketplace and trade CFDs on Bitcoin to US Dollar and Ethereum to US Dollar with leverage of up to 1:3. Dukascopy Bank was the first…

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